Costa Rica
Costa Rica
Golden Visa
The Costa Rica Golden Visa is more than 50 years old and was recently reformed so ease the requirements to obtain the permit. Basically, the program offers temporary residence in Costa Rica to those that invest in Costa Rica. The temporary status can lead to permanent residence or citizenship after 5 or 7 years depending on your nationality. If you’re approved, you can bring your family, including your spouse, civil union partner, children, and parents. Children of all ages can be approved if they are deemed “dependents” due to, for example, illness, mental issues, or simply because they are still in school. Even minor siblings can qualify if they are under tutelage. Parents can also qualify as dependents if they are financially dependent.
Capital City
San José
GDP per Capita
USD 12,076
Total area
51,100 km2
Languages
Spanish
Currency
Costa Rican Colón
Population
5,094,118
Time Zone
UTC-6 (CST)
Rapidly developing, stable country
U.S. dollars are widely accepted
Only a three-hour flight from Miami
Lower Cost of Living
Application Process
Consult with Global RCG
Prepare your documents
Submit the application
Receive your residency
Costa Rica Golden Visa
Application Process
Approved applicants receive an initial 2-year resident permit renewable for consecutive two-year periods. After year three, the immigration visa is changed from a temporary to a permanent residency. In essence, you will need to hold the investment until you change your status in the country until you obtain citizenship. The average processing time is 12 months but you may freely enter the country after filing. Once you receive your initial resident permit, you will have to spend 5 days in Costa Rica per year.
The following requirements apply:
Investment Requirements
- The program was amended in 2021 to reflect Costa Rica’s new economic objectives. From 2022, the investment amount has changed being reduced to US$150,000. You can make a qualifying investmentS, among several options in residential or commercial real estate investment in any area of the country including coastal properties and second homes.
Program requirements:
- New Business – Investment Amount: $150,000. This category is available for people who will invest in a new business. Whether it is a hotel, a restaurant, a factory, a service company, or any other business, you will qualify for this category as long as you invest at least $150,000 USD. This category requires setting up a business plan. Multiple requirements apply.
- Existing Business – Investment Amount: $150,000. This category is available for people who purchase an existing business, whether it is purchasing the whole business or just part of it. Regardless of the type of business, as long as you invest $150,000 USD to purchase the business, you will then qualify. Purchasing part of a business refers to when you purchase some stocks or shares of an existing company. Regardless of the number of shares that you acquire, as long as you invest $150,000 USD to acquire those shares, you will then qualify.
- Real Estate/Vehicles – Investment Amount: $150,000. Under this category, you will qualify if you purchase real estate and/or vehicles for at least $150,000 USD. Regardless of whether it is a condo, a lot, a home, or farmland, cars, motorcycles, boats or yachts as long as you invest the required amount, you will then qualify.
Stage 1
Stage 2
Stage 3
Stage 4
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