Everything You Need To Know About Moving To Costa Rica

Today I'm interviewing attorney Pamela Cordero about moving to Costa Rica. We discuss residency, property, and a whole lot more. Questions asked: 01:25 - What are the benefits of becoming a resident of Costa Rica? 04:52 - Is it possible to stay on a tourist visa and just do border runs every 6 months (and not get residency)? 05:35 - What are the main categories of residency? 06:23 - Can someone with a criminal record still become a resident of Costa Rica? 08:41 - How do you apply for residency in Costa Rica? 11:09 - What is the average time frame when applying for residency? 13:14 - Is there a minimum age to apply for the retirement residency? 14:05 - What is a Rentista Visa? 17:29 - What’s the difference between temporal and permanent residency? 18:55 - What is involved in buying property as a foreigner in Costa Rica? 20:08 - What is involved in the property due diligence stage? 22:52 - Is there a minimum amount for a foreigner to invest on a property in Costa Rica? 24:52 - What are some of the pitfalls of buying land without due diligence? 27:26 - What are the requirements before starting construction on a piece of land? 29:27 - Can someone apply to change the use of land when it is zoned for another purpose? 30:29 - What are the costs involved in buying property? 33:46 - What’s the time frame to process the transfer of the property? 34:45 - Tell us about using an Escrow account for payments. 37:50 - What are the annual costs to maintain shares in a company? 39:04 - Tell us about the Personeria certification... 42:03 - Can a foreigner buy a vehicle in Costa Rica and drive with their international license? 45:00 - What is the Marchamo (and why do you need it if you have a car)? 45:33 - What are the costs of owning a vehicle in Costa Rica? 47:19 - What are the common mistakes foreigners make when they move to Costa Rica? Questions? Email me at [email protected] #costarica #jacocostarica #livingincostarica #movingtocostarica #internationalinsiders #mattlloyd #movetocostarica