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That's a great question, I didn't even know that myself, so I checked with a few of the realtors. Here is what they said:
1 - under 18 kid and parents. You will be the principal and your wife and son
would be dependent. $60K for the whole deal. That's as far as I know, but a
residency attorney like Romulo Pacheco would know.
2 - I will talk to ARCR on monday. I am sure covers wife but not sure about 18+ kid--I think it covers.
3 - You ask an illegal alien about residency matters!? Are you daft!?!? <grin> I'm really not sure how that works. I can ask my lawyer. Or you can just refer them to him, RÃƒÂ³mulo Pacheco of Pacheco, MarÃƒÂn & Assoc. - www.residencycr.com; questions @ residencycr.com.
As always, you have to have expert advice before counting on anything, but apparently one single deposit will work for you and your family.
Helping expats buy a vehicle since 2006 * Used or New *
All types, we take you through the process from start to finish, quickly and painlessly.
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Permanent Residency and the New Law
There is still time to apply for permanent residency as a Pensionado or Rentista.
A new immigration law has been passed and will soon be published in the gazzette, which is the official news letter where new laws are published and are effective immediatly after publication.
We believe this new law will get published in the next 2 or 3 months, the two categories of residency survived but there is a chance that for a couple to qualify, the amount will double because the new law states that both husband and wife will have to recieve the minimum amount of income and for each child to qualify they will have to recieve $500 a month more.
A good idea would be to get the documents ready and apply even if not all the requirements are complete, this way you will be qualified under the old immigration law and thereby qualifying with less income.
A husband and wife would need to recieve a total of $2000 instead of $1000 with the old law, a couple with 2 children would need to recieve $3000 a month minimum, this would requiere a $180,000 deposit instead of $60,000 deposit needed now.
Lic.Gregory Kearney Lawson.
Lic.Gregory Kearney Lawson
Attorney at Law/Real Estate Broker
KEARNEY LAWSON & Assoc.
attorneykearney @ yahoo.com
- Regular Poster