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Costa Rica

Person of independent means visa (Rentista)

Costa Rica grants a temporary residency visa under the category of “rentista”, to foreign-nationals willing to immigrate to the country, who have a regular monthly income of at least US$2,500 from a guaranteed source for two years.

Usually, this requirement is met by making a bank deposit of US$60,000 at a local bank and by obtaining a commitment letter that at least US$2,500 per month will be made available. This amount includes dependents (spouse and minor children under 25 y.o., or older with disabilities); for additional dependents a higher amount may be required.

The permit has a validity of 2 years, and may be renewed on condition that you still meet the requirements, i.e. make another deposit or prove a source of income. For renewals, it must be proven that the income has been received in Costa Rica and you have lived in the country at least 4 months per year, continuous or discontinuous.

Rentista Visa holders may establish a business or work on their own, but may not work as employees.

Once you have legally resided in Costa Rica with any temporary residence permit for 3 or more years, you may be eligible for permanent residence.

Permanent Residency in Costa Rica allows working as an employee for a Costa Rican employer and the minimum requirement of annual stay is to visit the country once a year for 72 hours. Permanent residence is individual and does not include dependents.

Permanent residency must be renewed every 5 years.
Foreigners who have a first-degree relationship with a Costa Rican citizen, either spouse or child, may also apply for the permanent residence visa, even if they do not fulfill the residency requirement.

After 7 years living legally with a temporary or permanent residency visa, a foreigner may apply for citizenship by naturalization. Citizenship by naturalization gives the right to obtain the Costa Rican passport. Dual citizenship is de facto allowed; naturalized citizens are not usually required to renounce to previous citizenship.

To become citizen, you will be required to have knowledge of spoken and written Spanish, pass a test about Costa Rican history and values and have 2 witnesses that can testify to your conduct and livelihood.


Demonstrate with a document issued by a competent authority or institution that for a minimum period of two years, you will receive a stable and permanent income not less than the monthly amount US$2500. The above shall be applicable by verification with a document issued by a competent authority. If your income comes from abroad these must be legalized and authenticated or apostilled by appropriate authorities.

You will be required to contribute to La Caja Costarricense de Seguro Social (C.C.S.S.) (Social Security Fund), acquiring a seguro voluntario (voluntary insurance). The cost will depend on the income received, but is around 9-10% of the stated monthly income.

Restricted Nationalities

No nationality is officially restricted

dual citizenship

Dual citizenship is recognized in Costa Rica. You are not required to renounce your previous nationality to become a citizen of Costa Rica.

Documents Required

  • Receipt of payment of fees
  • Two passport-size photos
  • Proof of fingerprints record
  • Original Police Clearance Certificate
  • Original and photocopy of passport
  • Proof of consular registration
  • Original or Certified copy of Birth Certificate (if applicable)
  • Original or Certified copy of Marriage Certificate (if applicable)
  • dual citizenship Yes
  • Family members included Yes
  • land ownership Yes
  • Physical residence required Yes
  • Personal visit required No
  • Language skills required No
  • Interview required No
  • Investment Single -
  • Investment Family 4 -
  • Minimum annual income $30,000
  • Time to citizenship 84
  • Time to permanent residency 36
  • Visa-free countries 152
  • Financing available No

Country details

Costa Rica
San José
North America
Spanish (Costa Rica), English
Costa Rica is a Caribbean country located between Panama and Guatemala and is a member of the CARICOM. It covers just over 51,000 sq km and has almost 5 million inhabitants. Its capital and political, cultural, social and economic center is San Jose and its official currency is the Costa Rican Colón (CRC), although the US Dollar is commonly accepted.

Costa Rica is often called the 'Switzerland of Central America', because of its pleasant lifestyle, lack of army, stable democracy and its impressive natural beauty; its considered the happiest, most ecological, green and sustainable country on the planet. Costa Rica is one of the most progressive, developed and stable countries in the Americas, with an emphasis on the environment, freedom of the press, security, equality, democracy, health and education.

Visa Free Travel

With your new passport from Costa Rica you'll be able to access 152 countries visa free


An individual is tax resident in Costa Rica if she or he spends more than 6 months a year within the country.

Costa Rica levies income taxes on a territorial basis. This means that both tax residents and non-residents are subject to tax only on their Costa Rican-source income.

Local income is taxed at progressive rates up to 25%. The employment income top marginal tax rate is 15%.

Dividends are subject to a final withholding tax of 5%. Interest income is taxed at 15%, except for those obtained from the local stock exchange, which are taxed at an 8% rate. Net rental income is subject to tax at regular income tax rates.

Capital gains are not subject to taxation in Costa Rica, as long as capital gains are not the regular source of income of an individual or entity.

Real property tax is levied at 0.25% on the value of the property. A luxury house tax may also apply.

Transfer of movable and immovable properties are subject to a transfer tax of 2.5% and 1.5%, respectively.

There are not taxes on net wealth and inheritances.
Sales tax in Costa Rica is levied at 13%.

Regarding corporate taxation, resident entities are subject to corporate income tax of 30% on income earned within the country. Lower rates may apply to companies with low income levels. Foreign-source income is not subject to taxation. To learn more about company taxation, legal framework and tax treaties, you can check out incorporations.io/costa-rica.

This should not be construed as tax advice. We have access to a global network of qualified attorneys and accountants who can give you the proper advice for your particular circumstances. Contact us for further information.

  • Property tax Yes
  • Transfer tax Yes
  • Inheritance tax No
  • Net worth tax No
  • CFC law No
  • Tax residency days 183
  • Personal income tax rate 25%
  • Capital Gains tax rate 0%
  • Investment income tax rate 25%
  • Territorial taxation Yes

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Residency by Employment (Work Permits)
Residency by Entrepreneurship (Starting or Relocating your Business)
Residency by Investment in Real Estate or Securities
Residency by having sufficient means (Passive Income)

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