ResIdency
Residency Options
Pensionado (Retiree)
Proof of a guaranteed pension of US $1,000/month (government or private pension)
Key Conditions
- Temporary residency (initially 2 years, renewable)
- Access to public healthcare via the healthcare system
- Allows spouse and dependent children under certain age to be included under same pension requirement
- After a period (often 3 years) of continuous legal residency, eligible to apply for permanent residency.
- Note: With temporary status, “employment as an employee” is generally not allowed (though some business-ownership or self-employment may be possible).
Rentista (Independent Income)
Demonstrate US $2,500/month of stable, irrevocable income for at least 2 years — OR deposit US $60,000 in a Costa Rican bank (from which you withdraw $2,500/month)
Key Conditions
- Temporary residency (2-year terms, renewable) for applicant + eligible dependents (spouse & children under certain age)
- Does not rely on pension income; suitable for those with investments, rental income, dividends, etc.
- After around 3 years of continuous residency (with renewals) — possible path to permanent residency
- Note: Income must be non-employment income (i.e. passive income, not a salary from a job).
Inversionista (Investor)
Minimum US $150,000 invested in Costa Rican real estate, business, or approved projects.
Key Conditions
- Temporary residency (initially) — possibility of renewing and, after 3 years, applying for permanent residency.
- Suitable for those willing to commit capital to property, business, or other investments in Costa Rica.
- Gives a path for investors to stay long-term; in some cases, may lead to eligibility for citizenship (residency → permanent → eventually citizenship, depending on conditions and length of stay)
Permanent Residency, Long-Term Stay, and Additional Notes
- All these residency categories (Pensionado, Rentista, Inversionista) generally start as temporary residency. After continuous legal residency (with timely renewals), typically after 3 years, you become eligible to apply for permanent residency.
- Once permanent residency is granted, the original income/investment requirements often no longer apply for renewals — simplifying long-term stay.
- For Pensionado and Rentista, residency allows you and your dependents (spouse, children under certain age) to move together under the same application, which is often a benefit for retirees or families.
Residency FAQ
Do I need to live in Costa Rica to apply?
You must show intent to relocate, but parts of the process can start abroad.
Can spouses/dependents be included?
Yes — documentation and income requirements apply.