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Costa Rica offers several options for Residency Status; we include a brief outline of the requisites for each one. This should not be taken as legal advice and is meant as a reference only for information purposes of our visitors. PENSIONADO STATUS: Directed to retired residents, applicants must prove a pension of at least $ 600.oo U.S. per month originated in a public or private pension plan. The pension certificate can by issued by the pension plan or a bank listed in Polks Banking Directory. Residents must exchange the equivalent of $600.oo U.S. into local currency. Pensionados should live in the country at least four months per year this term need not be consecutive. The status must be renewed every two years. RENTISTA STATUS: Or resident annuitant must prove an income of at least $ 1000.oo U.S. per month for five years. A letter from a bank listed in Polks Banking Directory or by a Costa Rican Bank can demonstrate this income. This status must be renewed yearly for the first five years. After two years both the Pensionado and Rentista can apply for a permanent residency that does not carry the requirements of the periodic income demonstration. INVESTOR STATUS: Applicants must invest $ 200.000.oo U.S. in an authorized development project. Investor residents do not have to demonstrate monthly income. TEMPORARY RESIDENCY: This status is designed for executives of foreign companies, consultants for local and multinational corporations, scientists, professors and students. These permits are issued for terms from three months to a year and can be renewed. RESIDENCY BY REASON OF RELATIVE: A foreigner with a close
Costa Rican relative like parent, child, and spouse can apply
for a permanent residency. |
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| Description of the Trademark determining precisely
its essential elements and its principal distinctive sign. If the
Trademark is in a language other than Spanish a translation must be
included.
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| A corporation is a bilateral contract that requires
at least two individuals to willingly engage themselves as shareholders
in this contractual form and create the Corporation. In Costa Rica
corporations are established in a public deed before a Notary Public.
The most widely used corporation is the Stock Corporation or "
Sociedad Anonima" The incorporators or initial shareholders are
not necessarily the permanent or future shareholders of the corporation.
The Commercial Code establishes the following minimum requisites to be included in a Corporate Charter:
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Enumerate
the products that the Trademark will protect to establish the international
class or classes in which it will be registered.