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You have to deposit your money first. Then you apply for temporary residency as a rentista. After 3 years of meeting the requirements (4 months in the country, exchanging the dollars to colones), you can then apply for permanent residency. Once you have permanent residency status, you do not have to meet financial requirements. I think you only have to enter CR once a year to stamp your passport & you renew every 5 years. I’m only halfway through my 3 years as a temporary resident so I’m not 100% sure of the info on permanent residency. Of course, these rules can always change so you should check with a competent attorney or organization that specializes in residency if you want the most up-to-date info.
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