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.

Please note that this is general information only and not intended as advice on a specific matter. Please feel free to contact Fakhoury Global Immigration directly with questions exclusive to your situation. This news alert may have been prepared using information from Peregrine Immigration Management, which is licensed to Fakhoury Global Immigration.