Cost of living in Costa Rica, Latin America
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Can a US citizen live permanently in Costa Rica?

Country Latin America Updated June 2026

Yes, with a residency permit secured through one of Costa Ricaโ€™s defined pathways. The four main routes for Americans: Pensionado (lifetime pension of $1,000+ a month, popular with retirees), Rentista (proof of $2,500 a month in stable income for two years, or $60,000 deposit in a Costa Rican bank drawn down over 24 months), Inversionista ($150,000+ invested in registered Costa Rican property, business, or qualifying assets), and family or marriage-based sponsorship. Processing typically runs 6 to 18 months end-to-end and benefits from working with a Costa Rican immigration attorney (typical fees $1,500 to $3,500). Tourist entry is simple (90 days visa-free) and many people use repeated tourist stays as a stopgap during the residency application. Permanent residency becomes available after three years of temporary residency. Costa Ricaโ€™s moderate cost of living at $2,075 per person per month gives most US movers significant breathing room versus US costs. For the full picture, see our Costa Rica cost of living page.

About the author

Jo Berks

Jo Berks

Global Cost of Living Research & Data Analyst

Jo is an independent researcher with over a decade of experience delivering data, analysis, and structured reports across multiple industries. Her work focuses on sourcing and validating datasets to produce clear, usable insights. At CostLiving, she analyses global pricing data and identifies regional cost trends to support research-led content and comparative resources.

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