Increased Guarantee Deposits
The guarantee deposits required for foreign nationals has
significantly increased in Costa Rica. The deposit is a fee paid to
the authorities to ensure the cost of deporting or repatriating the
foreign national, if necessary.
Fees range in increases from $ 300 USD to $ 4,800 USD, depending
on the nationality. Temporary and Permanent Residence Visas,
Residence Change of Status, and Restricted Entry Visa cases that
have already been filed and pending approval, will be required to
pay the new established amount upon case approval.
Employers who may be affected are encouraged to contact FGI for
case-specific advice.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.