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The amount required to be deposited for the financial component for a Rentista Application is now $60,000.00 U.S., as you are now only required to show an income of $2,500.00 U.S. per month for a TWO YEAR period, rather than the previous five year period required.
The deposit must be made in the personal name of the Applicant, not in the name of a corporation.
[b]Note from Scott[/b]: ‘WatchDog’ is the username for my friend and attorney Richard (Rick) Philps who is a Canadian citizen, naturalized as a citizen of Costa Rica. Rick practiced law in Canada as a member of the Law Society of British Columbia, for fourteen years, prior to moving to Costa Rica in 1998. Mr. Philps the earned his Bachelor of Laws and Licensing Degrees (Civil Law), and a Post-Graduate Degree in Notary and Registry Law, from the Escuela Libre de Derecho University, in San Jose, is a member of the Costa Rica College of Lawyers, and has practiced law in Costa Rica for six years. Mr. Philps practices law in the areas of real estate and development, corporate, commercial, contract, immigration, and banking. To contact attorney Rick Philps and his associate attorney Roger Petersen, please use the Contact Form at the bottom of:
It seems like these articles are saying that one cannot work in Costa Rica unless one is a resident. I’ve heard that jobs can be obtained teaching English. Would teaching English be impossible before becoming a resident?
In general, one cannot work legally, even in a business they own, until becoming a [b]permanent[/b] legal resident. That requires actually being a legal temporary resident for three years and then applying. Processing applications for both temporary and permanent residency can take a year each, so the entire process to obtain permanent legal residency can take up to five years.
Non-residents can obtain work permits (which can take a year or longer to be granted, and success is not assured) [b]IF[/b] they have unique skills that are not available in the local labor force. They cannot compete with Costa Ricans for employment.
There is no shortage of Costa Ricans who are qualified and available to teach English in the public schools, in the universities, and in the numerous language schools, so even with a certification as a teacher of English as a Second Language you are unlikely to find a position which you could legally fill. And if you did, it would probably be only part-time.
What’s more, it’s important to understand that, as compared to wages in North America, wages in Costa Rica are ridiculously low. Especially working part-time, it is unlikely that you could support yourself in a manner that you would find acceptable.
Should you work while in a tourist or temporary residency status (while you are not a legal permanent resident, that is), and should you be caught, you would be subject to immediate deportation without the opportunity to go home to pick up your toothbrush.
It may be possible but still illegal. The ‘school’ you want to be associated with, would be required to apply on your behalf for a work visa.
The salary is very low … and don’t expect to actually get many hours.
It comes down to if you can’t afford to live without working here, rethink about moving.
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