Pensionado (Retiree) Visa

The Pensionado (Retiree) Visa is a specialized temporary residency program established by the Costa Rican government to attract retirees who possess a stable, guaranteed lifetime income. Created to bolster the economy by welcoming individuals who contribute to the local community without competing for domestic jobs, this visa fills the gap for those seeking a high quality of life in a stable, democratic nation. It is a well-defined legal pathway that allows retirees to enjoy the country's climate and lifestyle while ensuring they have the financial independence to support themselves throughout their retirement years.

This visa is designed for retirees who can prove a guaranteed lifetime monthly income of at least USD 1,000 from sources such as social security, government pensions, or private annuities. It is distinctive because it allows the principal applicant to include a spouse and dependent children under the age of 25, or older children with disabilities, under a single income requirement. While it does not permit local employment, it is an excellent choice for those who wish to live in Costa Rica full-time or as part-time residents, provided they maintain their mandatory registration with the national social security fund (CAJA).