The CAJA fees have been reduced for residents under the pensionado category and other categories of residency with no income produced in Costa Rica.
The Costa Rican Social Security Fund (aka CAJA) has been a headache for residents during the past several months. With a recent
How the changes in the regulation for the CAJA insurance affects foreign nationals living in Costa Rica, and what we're doing to defend them
In September 2021, the Costa Rican Social Security Fund (CAJA) approved new mandatory social security contributions for some registered immigrants
Law 9996, which introduces changes and incentives for those applying for Pensionados, Rentistas, and Investors has now been signed by President Alvarado! Law 9996 and its subsequent ruling will determine how these Residency categories are requested and the perks of securing them.
What does Law 9996
One of the most popular Residencies in Costa Rica is the Residency as Pensionados, meaning Residency for Retired People.
Our current law states that this category is reserved for people who receive a lifetime monthly pension of at least $1,000 USD. The $1,000 USD will cover
Being a tourist in Costa Rica, it’s all fun and games until you fall in love with the country and realize that this could be the home that you have dreamed of your whole life.
For a tourist in Costa Rica, this is not a problem,
In September 2019 the Immigration Department (DGME) updated the security deposits that must be paid by foreign nationals upon approval of the application for residency. Previously, the amounts were the same regardless of the country the applicant was from.
It is important for people to learn
Many expats come to us asking about the various residency options that Costa Rica offers.
The two easiest options are, of course, when you become the parent of a Costa Rican national or when you get residency based on marriage. The simplest option besides those two
Unfortunately, and as it happens, there is a lot of “fake news” regarding the minimum amount of time required to remain in Costa Rica to keep the residency.
People generally ask “Am I required to be in Costa Rica for at least four months?” I wish
Just recently Thomas (an immigration client) asked me how he can receive his pension from the US in Costa Rica. I remember seeing brochures at the BCR branches offering the service to receive a direct deposit from the Social Security Administration into a BCR account.