An Insight into the Costa Rica Residency Law

Costa Rica is a land of immense opportunities. This is also one of the best residence destinations which has compelled many people from all over the world to immigrate to Costa Rica. There have been various factors that have compelled people to obtain a legal residency status in this country. Here are a few reasons:

•    Latin America’s stable democracy

•    Immense investment in social welfare and education by the government

•    Educated labour force ideal for setting up global or regional business hub

•    Ranked as the greenest  happiest country

•    Diversified economy

•    Investment opportunities

The above mentioned factors have given rise to the immigration of many foreign nationals and also the residency law. There are certain criteria governing the entry into Costa Rica. An immigration lawyer can greatly help with this.  

Costa Rica Visas

The nationality of an individual decides whether there is a need to apply for a consular visa or not. Many individuals are offered a restricted visa while entering Costa Rica. The Director of Immigration of Costa Rica offers permissions to the immigrants after studying the nationality of the individual seeking permission. It is best to get in touch with a reliable residency lawyer to ensure that the entire process is smooth.

How to Get Residency in Costa Rica?

The visit visas allow an individual to reside in the country for a maximum duration of 90 days. If you are interested in retiring or settling in Costa Rica permanently or temporarily, you need to check out the available options offered under the Immigration laws. For instance, to settle in Costa Rica as an investor one needs to make an investment of $200,000 in any Costa Rican business that contributes significantly to the development of local economy. CPA certifications and a business plan providing a proof of investment in a government sector is to be submitted for this purpose.

If one is a relative of a citizen of Costa Rica then they need to produce a birth certificate of the citizen or the marriage license with the citizen to apply for residence in Costa Rica. Skilled workers can submit experience certificates with a company based in Costa Rica to apply for residence. Proof of qualification and work contract needs to be submitted for this purpose.  

Basic Procedure for Costa Rican Residency

Step 1 : A local Costa Rica Notary needs to notarize a document if it has not been issued by any government body and doesn’t possess any seal from the officials

Step 2 : The document needs to be submitted to the Secretary of State in which the document was issued.  

Step 3 : Authentication needs to be done by the corresponding consulate in the area.

It is best to take help from a residency lawyer who will coordinate and analyze the case by considering all the possibilities. They even verify the documents thus avoiding all the hassles in the future while the submission to the immigration office. Get help from a reputed lawyer for the purpose of obtaining residence in Costa Rica!

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The above mentioned factors have given rise to the immigration of many foreign nationals and also the Costa Rica Residency Law.