Working while traveling is a dream for many, and Costa Rica has made it even easier for digital nomads. Law No. 10008, also known as the “Digital Nomads Law,” was created to attract international workers and service providers who wish to work from Costa Rica. But why is Costa Rica such an attractive place for digital nomads?
First of all, the country has modern infrastructure that allows you to work from anywhere with an internet connection. This applies not only to urban areas but also to coastal regions. This means you can enjoy Costa Rica’s natural beauty while working.
Moreover, the country is politically stable and safe. This is crucial for digital nomads seeking a peaceful place to live and work. And for those looking to connect with like-minded people, there is a growing community of digital nomads in Costa Rica!
What are the requirements and conditions you need to know?
Who qualifies?
- Anyone who works remotely or provides international services, regardless of nationality or country of origin.
- People who spend more than 183 days in the country.
Benefits:
- Tax exemption on income generated outside of Costa Rica.
- The possibility to work for local companies without needing a work visa.
- An easier path to obtaining a residence visa.
How to obtain a residence visa:
- You must demonstrate an income of at least $3,000 per month if coming alone or $4,000 if traveling with a partner and/or children.
- Meet the country’s basic requirements, such as having a valid passport and no criminal record.
- You can obtain a temporary residence visa for one year, which can be renewed for up to three more years.
- There are also options for permanent residency after three years of temporary residence.
What benefits do digital nomads who want to live and work in Costa Rica receive?
To start, those who obtain the migratory category of “Non-Resident, Stay Subcategory, Remote Worker or Service Provider” will enjoy certain benefits, such as:
- Exemption from Income Tax.
- Exemption from paying all import taxes on essential personal equipment needed to perform their work or services.
Essential personal equipment includes a personal computer, mobile phone, tablet, camera, recording device, sound reproduction equipment, and their accessories. If the digital nomad has other types of equipment, they can request it through the “Exonet” page.
Teleworking in Costa Rica can be a highly beneficial option if you are thinking of becoming part of the new wave of digital nomads, but it’s important to have good legal advice in the country. At ERP Lawyers, we have a team of specialized lawyers ready to provide you with the best assistance. If you need more information, feel free to contact us at info@erplawyers.com.