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Originally Posted by KCat
Thanks, Webby! Great info, as always. I've been reading a ton over at the Association for Costa Rica Residents board ( www.arcr.net) & apparently the new law regarding the rentista category was passed at the beginning of the year & but they won't begin implementing it until August 12th.
Since I don't have a pension or any way to prove that my income is over $1000 per month, depositing $60K & getting a bank letter seems easiest. After August 12th it will be $60K per person, so for a husband & wife (or family) it's a pretty huge change. Singles won't care though.  |
Damn - Small world!
One of our lawyers is the President of ARCR - gotta see him soon so can ask and get a fill-in of the background. ARCR is an excellent place to get advice and info on anything to do with residency or any issues related to living in Costa Rica.
They also hold monthly seminars for anyone who wishes to attend and these cover a range of subjects which would interest potential residents. They also provide a monthly newsletter to any country of the world (tho think there is a subscription for this).
It would be wise to use ARCR as a "base" for information or legal stuff - there are plenty lawyers here, but basically need to be vouched for or recommended to avoid problems. ARCR have around seven lawyers to cover most legal aspects and all are safe to deal with. Unfortunately, as far as residency is concerned - they are also among the most "rigid" in residency applications, but it would be well-worth chatting with folks at ARCR before you decide on the type of residency - they will give good advice.
Looks like it may be worth lodging a residency application soon!
