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Looking to obtain a Rentista Visa

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Rdc4

I’m a 54 year old American living in the USA who is considering applying for the Rentista visa. Has anyone been through the rentista application process? I don’t speak Spanish and I know I will have to hire an attorney to help me apply and ensure I’m able to obtain it. I have a few questions and would appreciate if anyone could provide me some feedback.

1) How do I get started on this process? Should I contact a Bi-lingual Spanish speaking immigration lawyer here or should I hire one based in Costa Rica? Does anyone have a good immigration lawyer they could recommend?  I had read that someone had used outlier legal services and were happy with the results? Has anyone use them or are familiar with them?

2)  How much would I have to pay for Caja medical insurance? I’ve read it could be $300-$400 a month based on $2500 monthly income. Is this true? Would this health insurance be adequate or would you still recommend I get private health insurance?

3) I have an arrest on my record for assault and battery - family member from 15 years ago. The prosecutor decided to not pursue the charges and the case was dismissed. The arrest still shows on my fbi summary report as a charge for assault and battery With a disposition of “nolle prosequi” (abandonment of the charges). Will this arrest prevent me from obtaining a rentista visa? I’m in the process of having the arrest expunged from my fbi summary report however this could take several months and I want to get started on the rentista visa process as soon as possible. Should I wait till my fbi summary report is expunged of the arrest so nothing shows up on it? Will having an arrest slow down the process or worse deny me a visa?

Thanks again for anyone who can provide me any feedback.

kohlerias

We applied for Rentista status, but this was quite a few years ago.
You are required to deposit $60k and then after two years, another $60K. If you are over 55 years, the monthly payment for the mandatory health care (CAJA) 'should' be lower. Many expats also purchase private health care.
Outlier Legal seem to have established a good business for those applying for residency. Check with them about your previous actions.
The backlog of any application for residency is said to be over 18 months+, so don't expect it to be quick.

Rdc4

kohlerias wrote:

We applied for Rentista status, but this was quite a few years ago.
You are required to deposit $60k and then after two years, another $60K. If you are over 55 years, the monthly payment for the mandatory health care (CAJA) 'should' be lower. Many expats also purchase private health care.
Outlier Legal seem to have established a good business for those applying for residency. Check with them about your previous actions.
The backlog of any application for residency is said to be over 18 months+, so don't expect it to be quick.


Thanks for the response. Yes the length of time in obtaining a rentista visa is something that I don’t like. I’ve also read that the cost of living in Costa Rica is high compared to some other countries I’m considering for retirement. I know they only require $1,000 a month in pension income to qualify for a pensioner visa however you would have to live on a tight budget. Ive heard that a $1500-$2000 a month budget is more realistic for a single person. I also don’t like the fact that with a rentista visa they are going to charge $300 or more for health insurance that isn’t sufficient as most people recommend carrying private insurance to supplement it. 

I’m also considering the philipines and Mexico. Both have advantages and disadvantages like every country. What I like about the philipines is the low cost of living, the ease of obtaining a retirement visa (they have a government agency that assist you in obtaining a visa and only require a 20,000 deposit], and they speak English. I don’t like the philipines reliability/lack of infrastructure and that the weather is very hot and humid. Mexico also has a cheaper cost of living however I don’t speak Spanish and I don’t like the fact that they tax residents on worldwide income.

I have time since the world is pretty much on lockdown. I guess I should visit these places before deciding..lol.

cratedivision

PM me - I can hook you up with someone that can guide you through this with ease

Oro Tico Realty

It is best to have a good lawyer to help you with this process, I will be glad to put in contact with a professional. Warm regards.

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