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residency papers

Discussion forum for expats moving to or living in Costa Rica.

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residency papers

Post Posted: Mon Nov 28, 2005 7:53 pm

I am getting my residency paperwork together, should be permently THERE early 2006...does anyone know the exact wording of the document CR is looking for from my bank stating that I have $60,000 which will be sent to me $12000 a year????

 

horsemuggins
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Re: residency papers

Post Posted: Tue Nov 29, 2005 5:03 pm

got a sample letter from ARCR, and I'm not even a member, but was very impressed by their quick,free, response!!! Good people!!!

 

horsemuggins
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Newbie
 
 
  
Re: residency papers

Post Posted: Wed Nov 30, 2005 5:53 am

The ARCR is a reputable organization which many people have found to be a valuable resource over the years. There is also a post here dealing with more information on the bank deposit.

It would be good maybe to post the format of the letter for others.


_________________

Russ Martin
American European Real Estate Costa Rica
www.american-european.net

 

AE_Russ
Frequent Poster
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Re: residency papers

Post Posted: Thu Dec 01, 2005 7:21 am

Rentista bankletter.pdf (application/pdf) 124kb

sorry, I coodnt copy & paste

 

horsemuggins
Newbie
Newbie
 
 
  
Re: residency papers

Post Posted: Fri Dec 02, 2005 6:29 am

Doesn't look like the file uploaded, you can email it to me for uploading if you wish, I can play with it.comments@american-european.net


_________________

Russ Martin
American European Real Estate Costa Rica
www.american-european.net

 

AE_Russ
Frequent Poster
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Re: residency papers

Post Posted: Sat Dec 03, 2005 9:47 pm

No File Uploading allowed. So here is the text:

WORDING FOR LETTER OF GUARANTEE OF INCOME FOR PEOPLE APPLYING FOR "RENTISTA" RETIREMENT STATUS IN COSTA RICA.

Departamento de Pensionados y Rentistas
Dirección General de Migración y Extranjería
San Jose, Costa Rica

Dear Sirs:

This is to certify that ___<Client's Name>___ has investments/funds/capital [use appropriate wording]
in ___<Name of Bank>___ in the amount of such, that it would guarantee a fixed income of at least US $1000. Per month for the next five years. We guarantee that upon instructions from __<Client's
name>___, we will send US $1000. Per month to his/her account in Costa Rica in a permanent, stable, and irrevocable form.

Sincerely,

[signature]


NOTE: The word 'irrevocable' may be changed for the following phrase 'in case of any change of instructions, we would notify the Department at Immigration.'

This letter should be on bank letterhead. When the source of income is from a non-bank institution or a bank Not listed in the Polk's Bank
Directory, the following requirements must be met:
a) a certification from a CPA
b) a certification that the CPA is legally authorized to issue such a document, either by a professional
association, registry, bureau, etc.
c) at least two bank references for the institution.


_________________

Russ Martin
American European Real Estate Costa Rica
www.american-european.net

 

AE_Russ
Frequent Poster
Frequent Poster
 
 
  
Re: residency papers

Post Posted: Sat Dec 03, 2005 11:59 pm

On previous post we discussed $50,000+ investment or $ 60,000 in a five year cd to get permanent residency but is that per person or family? If my wife and I wanted to get permanent residency would each of require $60,000 or is she automatically granted permanent residency because of our marriage? And how about a minor or adult son? Over 18? thanks.
Perfecto

 

Perfecto
Newbie
Newbie
 
 
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