Thank you for visiting ‘Tank Tops Flip Flops’

Hola! Welcome to Paradise. My name is Michael Simons, the Owner of Tres Amigos Realty, established in 2003, with offices in Playa Hermosa, Playas del Coco and Playa Panama.

The majority of people interested in buying real estate in Costa Rica tend to have many of the same questions so I took the time to answer them in detail here in a fun and informative way. This site contains a tremendous amount of information for you and allows me to express my views and pass along wisdom gained while living and doing business in the tropics. Hope you can join us. Pura Vida!

I will respond to your questions immediately with an email or personal phone call.

See you here in Paradise!

What are the benefits of Costa Rica Residency?

Written by Michael Simons on . Posted in Costa Rica Living, FAQ's, Residency

What are the benefits of Costa Rica residency?

Man fishing offshore in Costa Rica

If you are not a resident of Costa Rica, you can only legally stay for 90 days on your tourist visa.  After 90 days you must leave the country for 72 hours before you can come back.  You will read on the internet where people tell you that they live here full-time, but don’t have residency.  Every 90 days they go to Nicaragua or Panama, spend the long weekend and come back.  Some people have been doing this for a decade. We call these people perpetual tourists.

This is NOT sound advice.  And technically if the Costa Rican government were to strictly apply their immigration law perpetual tourists will need to apply for residency or be asked to leave.

If you are going to spend any amount of time in this country, you should work with a reputable Immigration Attorney to obtain your residency.  At some point the government of Costa Rica is going to crack down on these individuals and not allow them back in to the country, as they really do not want these types of people living here. 

The ONLY reason that someone lives in this country and doesn’t obtain their residency is because they can’t.  This means they have no money, are paying no taxes, and have no investments and are not legally contributing in any way, shape, or form to the long term growth and success of this country.  Who needs or wants these people?

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