Travel Info & Real Estate
George Swartwout
407-413-9636
george (at) sunfields.com
1-23-2007
Webmaster - G Swartwout
Pura Vida !
Costa Rica Overview and Facts - Travel, Live & Retire

This general overview of Costa Rica is intended as being informative only.  I really recommend that anyone interested in retiring or living in Costa Rica visit the country for a prolonged vacation or two at different times of the year and to Google Costa Rica.  A decision of this type is very personal and subjective and not to be made frivolously or with a "romantic notion' of living in 'paradise' in a foreign country.

I would also advise attending one of the many  "so you want to live in Costa Rica"  seminars while you are there.  They are available in the San Jose area.  (Use your friend GOOGLE!)   For the most part,  these are informative and can offer specific answers to your questions.   Also, it is a good opportunity to meet people who have already made the change.

F.Y.I. - You are allowed a 90 day visit on your tourist visa.  If you want to stay longer, you must depart the country for 72 hours and then you can re-enter with your passport for another 90 days.  Most people go to Panama for the 72 hours requirement, which is accessible on the Pan American Highway south of Golfito, Costa Rica...

I hope that you find this information helpful.  Please contact me If I can be of further assistance.

Espero que nos encontremos alli!  Buena suerte y pura vida!

Sincerely,
                      George Swartwout
Costa Rica Beckons to North American Expatriates

This tiny country is truly a jewel in the middle of Central America.  Known as the Switzerland of the Americas, Costa Rica is characterized by spectacular scenery, a temperate climate, a democratic government and a stable middle class.  There is no standing army here, and overnment funds that at one time supported the military now support education and environmental causes.  The government has also recently announced that it will provide free e-mail to all its citizens.  The cost-of-living is low, and although Costa Rica has been "discovered," it remains mostly unspoiled and could be an ideal retirement spot for those who do their homework.

It is possible to live in Costa Rica on $1,000 to $1,300 a month, and the quality of living will be, for the most part, higher than in the United States for the same amount of money.  Real estate prices can rival those in the States, but most buyers get more for their money here.  A home may cost what it would in middle-America, but in Costa Rica it may come with an ocean view and a jungle backyard!

The scenery in this beautiful country can only be described as stunning.  The country is composed of five geological regions, and you will find everything here from lush tropical forests to mist-shrouded mountains to miles of unspoiled beaches.

Relocation to Costa Rica is fairly easy.  Expatriates are welcome, and most stay on their tourist visas.  Nearly 25,000 North Americans are in Costa Rica fulltime.  Foreigners can buy property, and health care is excellent and very inexpensive.

Climate
Tropical and subtropical; dry season (December to April); rainy season (May to November); cooler in the highlands.   Costa Rica presents a wide variety of altitudes and temperatures.  The territory rises from sea level along the coastlines to 1,000 m (3,300 ft) in the Central Valley, up to 1,500 m (5,000 ft) on the Central Mountain Range and on up the high mountain ranges to over 3,000 m (9,800 ft).  The highest point is Mount Chirripó at 3,820 m (12,534 ft).  Therefore, this country does not have a simple set climate, but a large number of micro-climates.  Again, there are only two well-defined seasons in Costa Rica: the rainy season and the dry season. Costa Rica's lovely "summer" or dry season is from December to May and the rainy or "green" season is basically from May to November.

Natural Hazards
Occasional earthquakes, Tropical storms along Atlantic coast, frequent flooding of lowlands at onset of rainy season and landslides, active volcanoes

People
Most Costa Rican citizens are of European descent.  Whites and mestizos (mix of Native Americans and Spanish people) account for about 96% of the population; the  black citizens in the Provence of Limón (Costa Rica's seaport city on the east coast) is largely of Jamaican origin.  There is a growing Chinese community.

Literacy
Definition: age 15 and over can read and write
total population: 95.5%
male: 95.5%
female: 95.5% (1999 est.)
Costa Rica has the highest United Nations' Human Development Index among developing nations and the highest literacy rate of the American Continent (94%).  The abolishment of the armed forces in 1949 freed resources that have been invested in free education and health services for the citizen population.

Education is state-sponsored and compulsory until the 9th grade.  Strong emphasis is placed on English and computers since early grades.  The National Training Institute (INA) offers free technical training in many fields. Several technical schools and universities prepare professionals with the highest international standards.  These institutions offer various levels in electronic, electric, mechanical and industrial engineering.  Even Harvard University has an extension in Costa Rica called INCAE to prepare middle and upper level managers.

Strategic location and preferential market access.
Costa Rica is in the middle of American Continent.  With ports on both the Pacific and Atlantic oceans, it serves as an operations base for world markets.  Also, Costa Rican products enter duty-free to the U.S. through the Caribbean Basin Initiative, to Europe through the General System of preferences, and to Central America and Mexico through bilateral free trade agreements.  Currently, Costa Rica is working to obtain NAFTA parity and sign and agreement with Chile.

Today Costa Ricans manufacture electronic components, computer parts, pharmaceuticals, jewelry, clothing and food products, as well as perform data processing, software development and remote customer service.

Export-oriented infrastructure and lower costs in general.
Costa Rica has abundant water supply, reliable hydroelectric power, and one of the most advanced telecommunications systems in Latin America.

Regarding transportation:
Costa Rica has an improving highway system, two major international airports and two seaports.  All major U.S., European, and Latin American passenger and cargo carriers provide service at very competitive rates.

Costa Rica's eight free trade zones are industrial parks that lease or sell world class facilities.  These are normally designed for operations that: a) import raw materials, b) manufacture, assemble, process, and/or market products or services, and c) export them.  Installed companies enjoy several services (on-site Customs Office, post-office and banks), as well as prompt approval of the privileged "Free Trade Zone Status".

Unequaled tradition of political, social and economic stability:
Costa Rica is the oldest and most stable democracy in Latin America.  Its high living standards, education tradition and free health system is the highest United Nations Human Development Index among all developing nations.  Costa Rica is among the three countries with the longest life-expectancy rates in the world (76 years). It also has one of the lowest infant-mortality rates in the world (1.36%), and the highest literacy rate of the American Continent (94%).  Last, but not least, the Government encourages foreign investment. Guaranteed by law, foreign corporations can fully own and control their assets, as well as repatriate their capital without restrictions.  As a result, Costa Rica has an excellent ranking as a low risk country.

Many well-known foreign corporations:
Motorola, Acer America, Bourns, C&K Components, Panduit, DSC Communications, Reliability, Alpha Core/Tortran, Sawtek, K&L Microwave, Merrimac Industries, Sensor Scientific, Panasonic, Hitachi, Siemens, Square D, GTE Sylvania, Conair, Baxter, Merck, Pfizer, Jewelmont, Levi Strauss & Co., Hanes Knitwear, Warner's, The William Carter Company, Rawlings, and U.S. Ringbinder are just some of the considerable number of foreign corporations that have selected our country as one of the best manufacturing sites in the world. Now Intel joins them by opening its assembly and testing plant in 1998.

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Costa Rica's fee simple real estate ownership, similar to that of the United States, assures foreign investors that their land rights are guaranteed.

Costa Rica is situated on the Central American isthmus, flanked by the Pacific Ocean and Caribbean Sea with a distance of approximately 248 kilometers (155 miles) between coasts.  With a total area of 51,200 square kilometers (20,480 square miles), Costa Rica is no larger than the state of West Virginia, yet it contains 6% of the world's biodiversity.

Costa Rica is well known for the premium that it places on peace, education and democracy, and is often referred to as "the Switzerland of Central America".  In 1949, the government abolished the army, allocating all would-be military expenses to education and health care.  As a direct result, the literacy rate rose to 95% and still continues to be one of the highest rates in the Americas.

International ports on both coasts; air, ocean and freight transportation services; a well-developed infrastructure and a strategic location at the crossroads of two continents make Costa Rica a contender in world markets.  The government's receptiveness toward new business ventures and excellent incentive plans have lured a growing number of multinational corporations to the country.

Spectacular natural beauty and a peaceful atmosphere attract over one million visitors to Costa Rica annually.  Nine active volcanoes, diverse forest environments, hot springs, wetlands, lakes, island reserves and 966 kilometers (600 miles) of beaches on two coasts account for the dramatic increase in tourism over the last decade.  Costa Rica's varied terrain provides endless possibilities for activities ranging from hiking and white water rafting through national parks to surfing, snorkeling and scuba diving off the Pacific and Caribbean shores.

The odds of seeing wildlife are greater in Costa Rica than anywhere else in the world.  The country is home to 1,240 species of butterflies, 845 species of birds, 250 mammal classifications, 160 amphibian categories, 218 types of reptiles and 1,013 varieties of fresh and saltwater fish, including several endemic species found nowhere else on the planet.  Costa Rica is also the world leader in terms of protected areas, with 27% of its land mass designated as national parks or reserves.

Whether your interest is business, pleasure or retiring;  you'll find Costa Rica is a country of unequalled beauty, with friendly people, a high standard of living and an interesting blend of local and foreign cultures that truly make it the jewel of Central America.

San Ramon,  Atenas,  Alajuela
... is at an elevation of 1,178 meters (3,840 feet) in an area noted to have one of the best climates in the world. It is a pastoral agricultural community less than 1 kilometer off the Pan American Highway.  Centrally located 45 minutes from San Jose's International Airport and one hour from the Central Pacific beaches.  San Ramon (pop. ~60,000) is one of the larger Central Valley coffee towns set in a picturesque valley enclosed by lush and fertile mountains.  The town is home to a branch of the University of Costa Rica, a major hospital, numerous banks, restaurants, internet cafes, a new 3-cinemas with stadium seating, while retaining all the charm of traditional Costa Rica.  As some areas of Costa Rica are becoming over-developed, San Ramon is a unique gem just being discovered by an International community craving a real Costa Rican experience.

                          Costa  Rica's  Standard  Rentista  and  Pensionado  Programs

The  Rentista  and  Pensionado  program  is available...to  those  individuals...   who can  prove...  a  permanent  and stable  income...   from  investments,  pension  or  retirement  benefits.  The  applicant...  must   live  in  the  country...   for  a  period  of  no  less...   than  four  consecutive  or  alternate months, since  the  date  of  approval  of  the  status.

1. Pensionado 
The   Pensionado  (Retiree)  applicant...
must  demonstrate...  a   permanent   fixed  income...   from  a  pension  or  similar  retirement   income...  of  at  least  US $600  per  month.   The  typical  applicant  in  this  category...  has  a  government,  private  sector  pension...   or  social  security  retirement  benefits.

2. Rentista 
The  Rentista  applicant...must  demonstrate...a  permanent   fixed   income...  of  at  least  US $1,000  per
month.   Generally, those  who seek  the  Rentista  category...do  not  have  a  pension  source...   and  instead  have investment  income.

To  apply  for  this  category...   it  is  necessary...   to  provide proof...  of  the  investment...   and  it   will  generate...   the  US $1,000  per  month...   required  under  this  program.

As  such...   the  applicant...   must  provide a  letter...   from  the bank  or   financial   institution...   where  the  investment  funds...are  deposited...   certifying  the  existence...  of  that  income.   It is  not  required...   that  the  funds...   be  held...   in  Costa  Rica. The  letter  can  be  issued...   by  international  banks...   as  well as  Costa  Rican   banks.

The  ideal  letter  issued...   by  the  financial  institution...should  state  the  following:
(a)    That   the  recipient...   will  receive...   at  least  US $1,000  per  month...   in  Costa  Rica.
(b)   That  the  investment...   generates  US  $1,000  per month...  in  a  stable,  permanent  and  irrevocable  manner...for  at  least  five  years.
(c) That  the  financial  institution...   issuing  the  letter...  will notify...  the  Costa  Rican  Tourism  Institute  (I.C.T.)...   if  the  condition  changes.

Costa Rica's Standard Rentista  and  Pensionado  Status
The  application...   for  Rentista  and  Pensionado  status is  filed  directly...   with  the  Pensionado / Rentista  Department...at  the  Costa  Rican  Tourism  Institute  (I.C.T.).    Before  the application...  can  be  prepared,  the  applicant  must  compile...all  the  supporting  documentation...   that  is  required  as follows:

1. Interpol   Background   Check 
This  step  is  done... in  Costa Rica.   The   applicant...   first  fills  out  an  application  form,  which  is   addressed...  to  the Department  of  Public  Security...   and  signed...   by   I.C.T.    In  it ...  is   a   request...for  the  background  check......  which  requires  fingerprinting...in  Costa Rica.  The  background   check...   takes   approximately  one   month.

2. Birth  Certificate 
You  must  provide...   a  certified  copy...of  your  birth  certificate...  and   that...   of   your   dependents.  The  certified  copy...  must  be  sent...   to  the  Costa Rican  Consulate...  for  your   jurisdiction...  for  authentication.

The  consulate  charges...   US  $40.  for  each  document  authenticated.   Be   advised...   that   I.C.T.   will  not  accept...any  supporting  documentation...  which  has  not  been  authenticated...  by  the  Costa  Rican  Consulate.

3. Marriage  Certificate 
Certified  copy...   of  a  marriage certificate...  if   applicable.    Also  must  be  authenticated...by  the Costa  Rican  Consulate.

4. Proof  of  Income
 If  your   source...  is  a  government pension, then  obtain  a  letter...   from  your  government... certifying  the  income.    If   the   income...  is  from  a   Bank or  Financial  Institution, then  it  must  issue...   the  letter..... All  documents...   should  be authenticated...   by  the  Costa Rican  Consulate.

5. Police  Certificate  of   Good  Conduct 
This certification...  is obtained....  from  the  police  department...  where  you  last  resided.  This  certification...  also  needs  to be  authenticated...   by   the  Costa  Rican  Consulate.  

Note that   these  certificates...  are  only  accepted...   in  Costa Rica...   for  6  months...   from   the  date  they  are  issued.  If   this  document  expires...   while  you  are  pulling  together...the rest  of   the  documentation...  then  you  will  have  to obtain...  another  one.

6. Photographs 
The  application   requires   photographs.... and  we  recommend....   that   you   take...  at   least   20  photographs  (10   facing  the   front   and  10  facing   the side).You  will  require  photographs...  for  the  background  search, the  I.C.T.  application...   and  for  the  Department  of   Immigration.... so  you  might   as  well   get   them...   all  at once...   and  keep  them...   in  the  file... to use as  needed.

7. Translation  of  Documents 
Once  you  have  compiled all  your documentation, all   documents...   which  are  in English...   must  be  translated  into  Spanish.   This procedure...   can  generally  be  handled...  by  the   Attorney...that  you  have  retained...   to  process  your   application.

8. Sworn  Statement 
The  Applicant  and   Dependent...must  appear...  before  a  Costa  Rican  Notary  Public...  and issue  a  sworn  statement ...  stating  that  they  agree...   to abide...   by  the  Pensionado / Rentista  law.  This  statement...  can  be  prepared...   by  your  legal  representative, in  Costa  Rica.   Once  you  have  all  the  documentation...  set  forth  above...   you  are  ready to submit...  your  application  to  I.C.T.

Generally  I.C.T.  will  only  receive  applications...   that  are  accompanied....  with   ALL  the  supporting  documentation.  Keep  in  mind....   that  all  the  original  documents...   that you  submit...   become  the  exclusive  property...   of   I.C.T. and  will  NOT  be  returned... to  you.  MAKE COPIES OF EVERYTHING!

Once  received....   by   I.C.T.  the  application...   goes  to the  Legal  Department...   within   I.C.T.   who  will  review... all  the  documentation...   for   compliance.   If  all  is  in  order, the  Legal  Department...   will  forward  the  application...   to the  approval  committee...   for  approval.  If  there  are  defects  in  the  application.... the  Legal Department  will  notify...   your  legal  representative,  of  the  defect...   and  request...   that  it  be  corrected...   before it   will   submit...   the  application  for  approval.

If  approved,  the  I.C.T.  will  issue...   a  formal  resolution...  indicating  the  date...  on  which...   the  application  was approved.   The  procedures  that   follow   approval...  are  related...   to  obtaining...   the  actual  picture  residency card, and  are  done... directly  before....   the   Department of   Immigration.   It   requires  a  prior   deposit...   of   US $100   for   each   applicant  and  dependent,  to  pay   for your   residency  identification   card.

Information compiled from various Internet sources: GTS/gts
Again, this general overview of Costa Rica is intended as being informative only.  I really recommend that anyone interested in retiring or living in Costa Rica visit the country for a prolonged vacation or two at different times of the year and to Google Costa Rica.  A decision of this type is very personal and subjective and not to be made frivolously or with a 'romantic notion' of living in 'paradise' in a foreign country.

I would also advise attending one of the many "so you want to live in Costa Rica" seminars while you are there. They are available in the San Jose area. (Use your friend GOOGLE!) For the most part, these are informative and can offer specific answers to your questions.  Also, it is a good opportunity to meet people who have already made the change.

I hope to see you there ... good luck and Pura Vida!

George