Many persons are not aware that a few years ago the government of Costa Rica changed the rules to make it easier for expats to become citizens. The process is now fairly simple and is similar to obtaining residency (something that needs to be done first.) What are the advantages […]
In March 1992, a change in the pensionado law eliminated many tax privileges retirees had enjoyed since the program started in 1964. Under the old system, foreigners with official pensionado or rentista (permanent retiree) status were required to live in the country four months a year. They were entitled to […]
New immigration law to attract retirees Recently, a modified version of the country’s former Pensionado Law was proposed to attract more expat retirees. The government realizes that currently retirees contribute around 500 million dollars annually to Costa Rica’s economy. So, it is in the country’s best interest to attract more […]