The Independent Means Visa in Costa Rica, also known as the Costa Rica Retirement Visa or the Pensionado Visa, offers temporary residency to qualified individuals who can demonstrate a stable passive income from foreign sources.
Statistics
The Independent Means Visa program in Costa Rica provides a pathway to temporary residency for individuals with stable foreign-sourced passive income. This program is designed to attract retirees, investors, and other individuals looking to establish residency in a Central American paradise known for its natural beauty and high quality of life.
Minimum Income Amount
US$2,500 per month
Visa-Free Travel Countries
145
Months to Visa
2-3 months
Overview
A route to temporary residency for qualified individuals with passive income in Costa Rica
Eligibility Requirements
Individuals with passive income from a foreign source
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Temporary residency, renewable every 2 years
Months to Visa
2-3 months
Physical Presence Requirement
4 months per year
Availability
High
Family Allowance
Spouse and children
Overview
Independent Means Visa in Costa Rica
The program offers numerous advantages for individuals looking to establish their presence in Costa Rica's tropical paradise.
Submit application in person at the Costa Rican Immigration Office or through a licensed attorney
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their stable passive income.
Overview
Completed and signed visa application form
Recent Passport Photo
Copy of the Information of Passport
Proof of passive income for the last 2 years
Bank statements showing income transfers
Police clearance certificates
Birth Certificate
Marriage Certificate
Proof of address in Costa Rica
Letter explaining reasons for seeking residency
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Independent Means Visa application?
The processing time is typically 10-18 months from the point of submission.
Can I include my family members in my Independent Means Visa application?
Yes, you can include your spouse and dependent children under 25 (or older if disabled) in your application.
What types of income qualify as passive income?
Passive income can include rental income, dividends, interest, pensions, and other forms of regular income not derived from employment.
How often do I need to renew my residency permit?
The initial temporary residency permit must be renewed every 2 years.
Can Independent Means Visa holders apply for Costa Rican citizenship?
Yes, visa holders can apply for Costa Rican citizenship after holding temporary residency for 3 years and meeting other requirements such as Spanish language proficiency.
Costa Rica offers a stable democracy, excellent healthcare, and a commitment to environmental sustainability.
Benefits:
Advantages:
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