8 things to know about the Costa Rica digital nomad visa

The extensive-predicted Costa Rica digital nomad visa has last but not least been manufactured law, after Costa Rican president Rodrigo Chaves signed off on the legislation this 7 days, adhering to the inclusion of modifications to make it extra obtainable and less difficult to apply.

The Costa Rica electronic nomad visa has been manufactured legislation

Officially recognised as the ‘Law to Entice Workers and Distant Companies of Intercontinental Solutions,’ the digital nomad visa was first approved by the Legislative Assembly of Costa Rica in July 2021 and in the beginning signed into law by Chaves’ predecessor Carlos Alvarado in August.

Nonetheless, good implementation of the visa was held up by considerations elevated between governing administration departments that the needs have been too restrictive, prompting modifications to be manufactured to ease the application method and loosen up its ailments. It will arrive into drive after the text of the regulation is published in the the formal governing administration newspaper, La Gaceta.

SEE ALSO: Come across an employer of record for payroll outsourcing in Costa Rica

The legislation is a person of a assortment of steps the Costa Rican federal government has taken due to the fact the onset of the pandemic to stimulate international investment decision and visitors again to the nation, and is just one amongst many examples of visas currently being introduced close to Latin The usa and the Caribbean to entice distant workers.

The signing off of the legislation on July 6 introduces a variety of variations to the initial laws that make it substantially simpler to receive a Costa Rica electronic nomad visa. Underneath, 8 vital factors of the visa and software process are highlighted:

1. A criminal report check is NOT mandatory

One particular of the most notable modifications to the Costa Rica electronic nomad visa is the elimination of the need to have for a prison file test. That claims to be a sizeable time saver for several applicants, mainly because getting a criminal document qualifications examine can from time to time be a delayed method.

It is crucial to be aware that it does not mean all candidates will necessarily be granted the visa with out having their criminal background checked. Because Costa Rican authorities are however able to insist on this sort of checks if they deem it reasonable to do so. But it is now at their discretion, alternatively than obligatory.

2. The Costa Rica electronic nomad visa demands a bare minimum money

One particular of the most important criterions for getting a digital nomad visa is being ready to show that you satisfy the minimum earnings threshold. For anybody organizing to go to the country alone, that suggests earnings of at the very least US $3,000 for every thirty day period, whilst everyone bringing a companion or family members have to be earning US $4,000. Any individual established to be granted a visa as aspect of an applicatin need to also have wellbeing insurance plan.

Demonstrating earnings consists of giving authentic lender statements that demonstrate the applicant has constantly met the suitable threshold via an affidavit, which the US embassy in Costa Rica defines as a “written or printed declaration or assertion of details, manufactured voluntarily, and confirmed by the oath or affirmation of the individual making it, taken right before a consular officer obtaining authority to administer this kind of an oath.”

3. The visa features main tax breaks

A main draw of the Costa Rica digital nomad visa is the actuality it comes with complete cash flow tax exemption for the holder, as properly as exemption from import taxes for the importation of desktops and other equipment the holder requires to undertake their occupation, in addition up to two vehicles.

It is truly worth noting that even though associates or dependents will be permitted to use any car introduced in totally free of import tax, they will not love cash flow tax exemption, which only applies to the major visa holder.

4. Documents will have to be professionally translated

Any documents expected as portion of the application approach that do not originally seem in Spanish will want to be translated by an accredited translator in just Costa Rica or the applicant’s nation of origin, or by a registered Costa Rican notary.

This stipulation does not implement to passports.

5. You no more time want apostilles to get a Costa Rica electronic nomad visa

Earlier the electronic nomad visa necessary files to be apostilled — a sort of authentication identified all-around the entire world which can in some cases take months to acquire. Now, even so, documents can now be authenticated with an affidavit.

That is a significantly less difficult need, intended to slice down the bureacracy and time included in acquiring the visa.

6. An inital software will be processed promptly

To start out the application process for a Costa Rica electronic nomad visa, candidates can pay a visit to the Trámite Ya system, wherever they will be in a position to finish the on-line sort, which features publishing fundamental own info and a selection of own and authorized paperwork.

The moment the application has been submitted, authorities will then have a most of 15 times to settle for or reject the software — a stipulation imposed to hasten the processing time. 

7. You have limited time to get your immigration accredited 

After an application has to begin with been granted the applicant can enter the country, on arrival they will have 3 months to method their immigration accreditation document. That will include a experience-to-encounter appointment at the offices of the country’s migration authority.

All through that appointment, photographs and biometric details will be taken, and other own and authorized paperwork need to be presented.

8. Extending a Costa Rica electronic nomad visa requires a minimum amount remain

The Costa Rica digital nomad visa is supposed to catch the attention of distant staff, in element since their getting ability inside the place will be a boost for the overall economy. To that conclusion, stipulations for renewal have been included to persuade holders to continue being in the state for at the very least 50 percent of the time they hold the visa.

A visa will be to begin with granted for a interval of 12 months, which can then be prolonged for a further 12 months. Having said that, holders will only be granted an extension if they are been in the nation for a minimum of 180 times for the duration of the initial year.

Biz Latin Hub can aid you undertaking small business in Costa Rica

At Biz Latin Hub, we present a range of skilled providers through Latin The us and the Caribbean, with teams in more than a dozen key towns all around the region, together with Costa Rica’s cash city San Jose.

Our detailed portfolio of back again-workplace expert services includes company development, accounting & taxation, employing & PEO, and legal products and services, so we can supply a individualized providers agreement to go well with a broad vary of needs.

Get in touch with us these days to find out additional about how we can support you. 

If this post on the new Costa Rica electronic nomad visa was of interest to you, check out the relaxation of our protection of this prosperous Central American nation. Or read about our staff and specialist authors.

*Lewis McLeod contributed to this post

A BLH infogrpahic showing key services offered by the company
Important services made available by BLH

Resource connection