If you, or your spouse, receive an income of at least $2,500 USD per month ($30,000 per year), individually, you could qualify for temporary residency as a person with fixed income, or rentista, in Costa Rica.
Under this category, the principal applicant is allowed to obtain residency for a spouse and children as dependents.
- The temporary residency under the Rentista Category is valid for two years.
- It can be renewed for additional two-year periods.
- After three years of holding temporary residency, you will become eligible for permanent residency.
Main Requirement for the Rentista Category
The rentista residency category is available for people who have an income of at least $2500 per month. There are 3 options to qualify for this residency.
- Set up a bank account in your home country with $60.000. The US$60,000 would cover a family unit, meaning spouses and children. The bank or financial institution you use abroad would need to provide a letter stating that you have the money and that US$2,500 will be deposited, monthly for 24 months, in a Costa Rican account upon the approval of residency. The language on the letter needs to be exactly as requested by Immigration. Upon engaging our services.
- Set up an account in a Costa Rican bank with US$60,000. The exact same rules as option 1 would apply. In this case, however, you would need to open a second Costa Rican account where the US$2,500 will go every month upon approval of residency. The language on the letter needs to be exactly as requested by Immigration. Upon engaging our services.
- Procure a certification issued by a CPA public accountant. The certification must state that you will receive an income not less than the monthly amount of US$2500. The language on the certification needs to be exactly as requested by Immigration. Upon engaging our services.
Regardless, upon approval of residency, $2,500 must be deposited in a Costa Rican account every month for 24 months.
Below you’ll find a detailed overview of the application process, as well as the fees and expenses.
Rentista Category Application Process
The application process for temporary residency as a rentista takes between 12 and 15 months, depending on the processing time of the Costa Rica Immigration department (DGME), which takes approximately 9 months to analyze the application.
Our team will guide you through the process from start to finish, including CAJA (Costa Rican Social Security) registration and DIMEX (Costa Rican ID for residents) procurement. Plus, depending on the level of service you choose, we can also assist with document procurement and residency renewal at a discounted rate.
Document Procurement
Process Timeline
The first two to three months of the application process are spent collecting the documents required for the residency application. It is important to collect all the required documents during this time frame, as documents from abroad must be issued within six months of filing. Our team will work closely with you to ensure all documents are valid, translated, and ready for review by the DGME.
The following documents are required for filing an application for residency in Costa Rica.
Vital Records & Background Checks
Take advantage of the discounted document procurement rates we offer our immigration clients. Let our experienced team obtain the vital record(s) and background check(s) you need from abroad, or you can choose to obtain the following documents on your own. Keep in mind, documents from abroad must be issued within six months of filing the application for residency, and be translated into Spanish.
- National Background Check.
- Birth Certificate.
- Marriage Certificate. If applicable.
Application Documents
Preparation of the following documents required for filing the application for temporary residency as a rentista is included in the quoted cost of our service.
- Verification of the Main Requirement – Bank Letter or Income Verification. A letter from your bank will be required to demonstrate that you have:
a. An account with $60,000 USD;
b. From which you receive $2,500 USD per month;
c. For a period of 24 months.The language of the letter must be exactly as the Immigration Department demands it.
- Application Form.
- Cover Letter.
- Fingerprints.
- Certified Copy of the passport.
- Consular Registration.
- Six passport-size photographs.
- Government Fees.
Filing the Application
Process Timeline
Once our team has compiled all the documents required, we perform a final review, then file the application with the DGME. The application must be filed before the expiration of the tourist stamp on your passport (usually valid for 90 days) or the expiration of the documents.
Analysis & Decision by the DGME
Process Timeline
By law, the DGME should process the application within 90 days. However, based on recent processing times, the DGME is currently taking between 9 and 12 months for processing applications. During this time we regularly check the status of the application to ensure the case is moving forward as expected.
Approval Notice
Process Timeline
The DGME issues an approval notice via email, once the approval notice is received we will reach out to you to schedule the next steps!
Payment of the Guarantee Deposit
Process Timeline
Once your application has been approved the DGME, you will need to make a refundable security deposit to the DGME dependent on the estimated cost to cover return travel to your home country should it be required. Since the guarantee deposit varies by nationality, we do not include this cost in our quoted fees and expenses. You can find a full list of deposit amounts by home country on our blog here.
CCSS/Caja Registration & DIMEX Request
Process Timeline
Once the application has been approved, we will proceed with your mandatory registration with the CCSS for the Social Security system (also known as CAJA). In addition, we will obtain the ID for foreigners (DIMEX aka cédula). We will schedule a time to go with you to complete each of these processes in the GAM (San José Metro Area) or Liberia. Additional fees will apply for DIMEX and CCSS appointments at offices outside the GAM (San Jose Metro Area) or Liberia.
Delivery of Your DIMEX
Process Timeline
Your DIMEX will arrive in the mail one or two weeks after it has been requested. Then you’ll officially be a resident of Costa Rica, with an ID card to prove it!
Renewal & Beyond
Temporary residency under the Rentista Category is valid for two years. It can be renewed for additional two-year periods. After three years, you will become eligible for permanent residency. Our Beyond payment options were created with the renewal requirement in mind, pay in full upfront for your residency plus one renewal and save $311!
Fees & Expenses
Our fees for application for temporary residency as a rentista are flexible and comprehensive. We include all the standard fees and expenses in our pricing, with the intention of making the process as easy as possible for you.
There are two items not included in our pricing, which vary on a case by case basis, making it impossible to include in an all-inclusive service for our clients.
- Security Deposit. The security deposit is paid at the end of the process to the Costa Rican Government. We do not include this cost in our residency fees as the amount of the deposit will vary depending on your country of origin. Once your application has been approved the DGME, you will need to make a refundable security deposit to the DGME dependent on the estimated cost to cover return travel to your home country.
- Biographical Documents. These include birth certificates, background checks, and marriage certificates. Everyone has a different set of circumstances, and thus, to standardize our fees, we decided not to include them in the residency fees below. We can assist you in obtaining biographical documents and offer these services to our immigration clients at a discounted rate.