Expat Exchange
Free MembershipSign In

Costa Rica Expat Forum

Bank confiscated funds

New Topic Newest First
Silverstar
9/15/2022 17:40 EST

I had an account with with a local Costa Rican bank (Pro America bank) but due to covid was not able to travel to Costa Rica for a couple of years. The bank put my account in dormant and later confiscated all funds from it.

Is this legal? I would like to hire a local attorney to retrieve my funds. Would appreciate a lot if I can get a referral to one.

Thank you.

Post a Reply

0 abuse

shermanwc
9/15/2022 18:27 EST

I had heard of this happening in the past. My CR bank account also sat "mostly dormant" for an extended period during Covid, while I was out of the country. But I made sure that I made some king of transaction within any 6 month period. Sometimes I made a small donation to a CR charity using my account. I returned to CR a couple of months ago specifically to close out my bank account.

Unfortunately, I cannot offer any great advice for your situation - but others should pay attention to this situation and act accordingly!

Post a Reply

0 abuse

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

Living in Costa Rica GuideLiving in Costa Rica Guide

Our Living in Costa Rica Guide is a primer on everything about living in Costa Rica: best places to live, cost of living, pros and cons, healthcare and insurance, and more.

Costa Rica Forum Costa Rica Forum
Join our Costa Rica forum to meet other expats and talk about living in Costa Rica.

Contribute to Costa Rica Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Costa Rica.

Best Places to Live in Costa Rica Best Places to Live in Costa Rica

Costa Rica has a lot to offer expats with its tropical climate, eco-friendly culture, beautiful beaches, welcoming people, good healthcare system and relative safety. Many expats warn newcomers about the high cost of housing and food.

Healthcare in Costa RicaHealthcare in Costa Rica

Costa Rica has both public and private healthcare systems. When you become a resident, you must enroll in the public healthcare system (CAJA). Many expats use the public system for routine healthcare and have private expat health insurance for specialists, surgeries and emergencies.

Cost of Living in Costa RicaCost of Living in Costa Rica

If you're moving to Costa Rica, you'll want to understand the cost of living in Costa Rica. Lifestyle, location and health insurance are part of the formula.

Moving to Costa RicaMoving to Costa Rica Guide

Moving to Costa Rica has become more popular among expats. Making this choice requires a lot of research to ensure the expat experience you hope for will be realized.

Real Estate in Costa RicaReal Estate in Costa Rica

Real estate listings in popular cities and towns in Costa Rica.

Pros Cons of Living in Costa RicaPros & Cons of Living in Costa Rica

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Costa Rica.

Retiring in Costa RicaRetiring in Costa Rica

Advice for people retiring in Costa Rica.

Visa and Residency Costa RicaCosta Rica Visa & Residency Guide

Applying for residency in Costa Rica can be a daunting process. Which type of residency is right for me? Do I need an attorney? Do I have to leave the country every 90 days? What is a cedula? This article answers these and many other questions.

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

William Russell Health InsuranceExpat Health Insurance

Get a quote for international health insurance from our partner, William Russell.
GET A QUOTE

Contribute to Costa Rica Network Contribute
Help others in Costa Rica by answering questions about the challenges and adventures of living in Costa Rica.

AGS Worldwide Movers
AGS Worldwide Movers

Copyright 1997-2022 Burlingame Interactive, Inc.

Privacy Policy Legal