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Info? Elderly parent, permanent resident, needs me long-term

8 years ago
My parent is a permanent resident in Costa Rica. Their health is poor, and they need me to care for them long-term. I'm not a resident.

I don't qualify financially for pensionado or rentista status. I have several possible options, and seek the easist, least expensive one:

1. My parent would like to become a citizen, which would confer residency upon me. However, they suffer from memory loss, and are afraid they can't pass the test. They've been in CR for over 20 years.

2. Our property is in an S.A. (Sociedad Anonima). I'm on the board of directors for the SA. The property has a valuation from the municipality of over $200,000, which may qualify me for inversionista status.

3. The fact that an elderly permanent resident is no longer able to care for themselves, and that a son or daughter is willing to care for them MAY help me win Residency Under Special Circumstances, but I don't have any idea how likely or expensive this option would be.

Any insights you could provide would be much appreciated!

GeoBlue
GeoBlue

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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Learn More

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Learn More

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