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I have been looking into the prospects of moving to CR for a couple of
years. I am not quite retirement age, in fact 10 years shy. I am an RN and I was wondering if there is any way that my husband. who is on disability, and I could cut thru enough red tape to acquire some type of visa that would allow us to reside in CR. The problem is that even with the sale of our house I doubt that we would be able to deposit $ 60, 000 in a CR bank. I would continue to work as a travel nurse and earn over 43,000 a year working only 4.5 mos out of the year.Edited on Mar 23, 2006 18:13
Emily,
If you husband has a pension he can become a pensionado and there is no $60,000. in that case. Is your husband getting a pension of more the $600.00 per month? If he is then he can apply married, you and he together will get the status as husband and wife. You may want to check into that. The web has a lot of information just look under Costa Rica government or you can get online information from the US embassy.
Have you ever been to Costa Rica?
Emily, my husband and I are not of retirement age either, he is 53 and I am 51, but he is also on social security disabilty. There are several different ways that you can qualify for residency status in CR. We have not moved there yet( 2-3 yr plan) but as it stands now, we would qualify for the pensionada status (600.00 a month). There is also a rentista status (1000.00 a month)from an investment or annuity thats stable for 5 years. You DON’T have to do all the 60,000 at one time. There’s alot of info out there. If you haven’t allready ordered, and are seriously considering the move, I reccomend that you order Scott’s book. It’s an excellent resource and ALOT of your questions will be answered.
We are planning a vacation to Costa Rica the first of November 2006 and I can’t wait. We got lucky and a friend of mine has been dying to go and did a time share switch thru RCI and the week is only costing us a little over $ 100 for the accomadations. I have never heard of the place and we may be in for a real disappointment but we will have the pleasure of traveling around the country and looking, hopefully.
We will be staying at EcoPlaya Resort in Guanacaste Province on the Northern Pacific coast about a 45 min drive from Liberia airport, says might need 4 x 4 should prove interesting. Oh well, I’ve been mud racing in Ms. before ! How much worse can Cosa Rica Mud be ?The information in this discussion is pretty accurate. If your husband has a permanent (preferably governmental) pension of $600 or more per month, you and he can qualify for pensionado status.
But be warned, Emily, as a pensionado you cannot work in the Costa Rican economy. That is, you cannot compete with Costa Ricans for a job, so you won’t be working as a nurse in a hospital here. You can work for yourself or establish your own business (or buy one), however.
Thank you for the reply. I will be working in the states as a travel nurse about 4 months out of the year even after we move. The pay is very good. I average around 33,000 USD for a 13 week assignment and for 16 weeks and over the bonus is higher and the hourly rate goes up if I work California. So I would only be doing volunteer work in Costa Rica if needed.
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