Do I need to declare all of my income when applying for Pensionado Residency?

No, you are not required to declare all of your income when showing proof of US $1,000 income when apply for residency under the Pensionado program. "You are not required to inform immigration if you have multiple pensions/SS payments, only the one that you choose to use and is nearest to the $1000 minimum required. 7-10% should be in the ballpark of this declared amount, but unfortunately one never knows 'exactly' what it will be, until at the end of the game," wrote one expat in a discussion about Pensionado status.

The reason it is important to understand this is because the level of income you show proof of when applying for residency is used to calculate your CAJA payments. CAJA is calculated as a percentage of your declared income.

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RelocateNow Costa Rica

RelocateNow Costa Rica's clients who run through the RelocateNow Program get quick results in formulating and successfully executing our laid out plan for moving to Costa Rica! Expert consulting for future expats in Costa Rica who wish to fast track the process of their move by receiving the specialized information they need, trustworthy connections within the country, and high level 1:1 support through the entire process.
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Click connect to have our partner contact you via e-mail and/or phone.