Video Briefing

Offshore Citizen: Costa Rica: New Digital Nomad Visa (Tax Free)

Sep 29, 2021Video Briefing5:04Watch on YouTube

Costa Rica offers a digital nomad visa that allows location-independent workers to live and work there with several benefits.

• The visa requires proof of income of $3,000 per month for an individual, or proportionally for families (e.g., ~$5,000/month for a couple). • Visa holders must stay at least 180 days per year; it can be extended for a second year, allowing up to two years of residence. • Digital nomad visa holders are exempt from local taxes, a rare feature among similar programs. • Additional benefits include bringing personal items duty-free, driving with a local license, and opening a local bank account. • Downsides include slow infrastructure development, relatively high cost of living, and limited residency options beyond the visa. • Costa Rica offers favorable climate (especially in winter), beaches, ecotourism, and wildlife experiences, making it attractive for lifestyle-focused residents.

Takeaway: The Costa Rica digital nomad visa allows flexible, tax-free residence for up to two years with moderate income requirements, ideal for those seeking tropical climate and ecotourism, though living costs and infrastructure may be challenging.