The Investment Process
Residency Programs
Three pathways to legal residency in Costa Rica — the most accessible in the region
Step-by-Step Guide
Pensionado (Retiree) Visa
Require proof of $1,000/month in pension or Social Security income. The most accessible residency program in Central America. No age restriction — any pension qualifies.
Rentista (Passive Income) Visa
Require proof of $2,500/month in passive income (investments, rental income, royalties) for a minimum of 2 years. Bank deposit guarantee of $60,000 is an alternative.
Investor Visa (Inversionista)
Minimum investment of $150,000 in a Costa Rican business or real estate. Real estate investment qualifies. One of the most direct paths for active real estate investors.
Permanent Residency
After 3 years of legal temporary residency, you may apply for permanent residency. After 7 years of legal residency total, you may apply for citizenship.
Practical steps
Hire a Costa Rican immigration attorney. Gather documentation (apostilled birth certificate, clean criminal record, proof of income). File with DGME (immigration authority). Process takes 6–18 months.
Typical Costs
| Item | Amount |
|---|---|
| Immigration attorney fees | $1,500–$3,500 |
| Government filing fees | $250–$500 |
| Document apostilles and translations | $200–$600 |
| Annual residency renewal (temp) | $100–$200 |
FAQ — Residency Programs
Do I need residency to buy property in Costa Rica?
No — foreign non-residents can own property with the same rights as citizens. Residency is a separate choice for those who want to live in Costa Rica long-term. You can buy, rent, and sell property without ever becoming a resident.
Can rental income from my Costa Rica property count toward the Rentista visa?
Yes — documented rental income from a Costa Rican property can count toward the $2,500/month passive income requirement for the Rentista visa. Documentation (lease agreements, bank transfers) must be verifiable.