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Residency as an investor?

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PuraVida
10/15/2018 11:43 EST

If an expat buys a home for $350,000 and applies for residency as an investor, how much will the CAJA charge each month?

Kohl
7/22/2019 22:17 EST

Your age will determine what you will pay. If the principal is 55 and under, you may end up pay twice what a 55+ will pay. This 'usually' applies to both Investor and Rentista applicants... tut the more expensive the property the higher your monthly premium will be.

Unfortunately, what an expert is CAJA says they can do, it really depends on the person in the CAJA office that you are dealing with.

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peter2017
7/22/2019 19:41 EST

Under rentista category we are paying 118 thousand colones and some change.

Under the investor category you will pay more.

k8esdad
7/22/2019 10:43 EST

My wife and I attended Chris Howard's program last December (www.liveincostarica.com). The 1st 3 days was a presentation by ARCR. They brought in legal, financial, insurance, dental, logistics (and other) experts. It appears to me that, in order to get a fair shake with CAJA (and other things Costa Rican), you should probably engage professionals (these being vetted by ARCR gives them more credibility). Even though a lot of things CAN be diy, having a local take care of it for you will be worth far more than their fee. (There was one individual that was not being treated fairly by the CAJA administrator where she lived and the expert there had a solution ready for her.)

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