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[quote=”davidd”]When a country has to penalize citizens from leaving instead of finding ways to find out why they are leaving.. then you know it is time to leave. Part of the issue is that it is not 2000 that gave up US citizenship in 2013 it was more than 50,000 only the 2,000 counted had net worth of over 653K and had to pay a monster exit tax. Germany just before WW2 charged Jews 90% tax on current wealth and estimated earnings had they stated 1 more year. USA is headed in this direction… in past 5 years we have gone from $0.00 to $453 and now to over 2K plus the amount of exit tax has increased along the way. Literally NO other country in modern times has this amount of exit tax except the USA and Germany back in the late 1930’s.. Recall USA for the past 100 years was the place everyone wanted to live… amazing how quickly things change
does anyone know how much it cost to renounce costa rican citizenship.. just curious :)[/quote]
Sad to see where the US is going. Question: you mentioned 653K, is that a new exit penalty threshold?
I had thought it was 2m from my readings.
Brett[quote=”Snodad101″][quote=”brett”]I have submitted my application for residency on 28/5/2014.
I am currently attempting to sell my home in California. Is there a time limit on my being physically residing in Costa Rica.
If there is, when does my clock start? I hope not to have to dump my home but do not wish to lose all the time, money, and effort I put in to get the application finished. Any information would be greatly appreciated.Capbrett[/quote]
I have some info for you that i hope helps. I completed my application for residency last year. I went through the ARCR down there and they are very competent and as speedy as can be expected. It took about 9 months to get the paperwork that said i had been accepted. After that comes in,technically you have 90 days to go to immigration to complete the process preceded by joining the caja and getting a utility bill to show immigration when you go. In my case, I got a bill from my landlord as everything is included in my rent. Basically, they just want some sort of a physical address for you. That’s comical in itself if you’re familiar with the address system there. Back on point. The ARCR informed me that even though the law says 90 days, it is almost impossible to do it in that amount of time as it usually takes 1-2 months to get an appointment at immigration. They say up to a year after your acceptance is about the limit. You will have to pay a $3/month penalty on anything after 3 months when you finalize your residency. Hope this helps. Anything else you need,I will try to help.:lol:[/quote]
Exactly the information I needed. Thanks so much. My first Costa Rican que was the police department for finger prints. So I assume that’s done. Got there for my appointment, and did a two-hour sitting line (better seats near the finish). Took some time figuring out what the water running done the middle of the waiting area was from. Almost wish I had a picture of it. Thank goodness my lawyers sent me with a hand-holder employee. Shame she couldn’t go in for the interview which was somewhat frustrating for the interviewer. Thanks again,
Brett
