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COSTA RICA: Sharp Increase in Guarantee Deposit Rate Affects Current Cases

Effective immediately, the General Directorate of Immigration has significantly increased the amounts of guarantee deposit payable by applicants for immigration status in Costa Rica.

Previously, the rate was set at USD 300 for applicants from most of the world, and USD 100 for those from Central America.

The new rates are defined per country of origin, and range from USD 281 for Guatemala to USD 4785 for Cape Verde.

The change affects cases currently in progress and pending resolution.

Our Advice

Employers who may be affected are encouraged to contact their Newland Chase immigration specialist for case-specific advice.

This alert was prepared with information provided by Ara Law Abogados.

DISCLAIMER: The information contained in this immigration alert has been abridged from laws, court decisions, and administrative rulings and should not be construed or relied upon as legal advice. If you have specific questions regarding the applicability of this information, please contact Peregrine © 2021 Peregrine Immigration Management Ltd.