Residency or Long Term Work Visa
Costa Rica is a very open country, with very few demands on foreigners seeking residency. Sure, there are hoops to go through, but it’s a straightforward process.
This program applies to individuals who make a direct investment in Costa Rica of at least $150,000 USD. The investment can be made in any type of business or in real estate.
It’s nice to have in your back pocket
The applicant must prove that the amount already invested (not the current or future value) has a registered or verifiable value of at least $150,000 USD.
This allows home purchases such as a condominium in Riverview condominiums as an acceptable investment for the purpose of applying for temporary residency, provided the amount invested is at least $150,000 USD. This type of investment can include the purchase price of a home in Costa Rica for personal use or for rental. Other specific requirements apply to this program.
The temporary resident can apply for permanent residency after being a temporary resident for three (3) years and eventually citizenship.
