Make it easier for your company to retain foreign personel: What are the requirements and benefits of registering your company with the Immigration Directorate?

by Quatro Legal Immigration Team | Jan. 2, 2024 | Article, Immigration

The primary benefits of the new accreditation process are:

    • Priority filing status: The General Immigration Office has a designated filing location and staff for accredited companies, reducing the waiting time to file applications to approximately 5 business days;
    • Reduced processing times: Temporary Residence Permit processing times are substantially reduced to 30 business days from the date of filing with the General Immigration Office (current processing time for non-accredited companies is approximately twelve months);
    • Reduced documentation requirements: Foreign national workers for accredited companies are not required to present extensive corporate documentation with their permit applications, as all required corporate documentation will be submitted with the company’s accreditation application; and
    • Initiate work in Costa Rica with the filing of the application. Applicants may start working as soon as their applications have been submitted to Immigration, while the applicants for non-accredited companies will have to wait up to 12 months until the approval of their applications have been issued and notified.
    • Permit validity: Temporary Residence permits issued to foreign nationals sponsored by accredited companies will be valid for two years, renewable for as long as the company is registered and the foreign national keeps on working for the accredited company

Classification for company accreditation

Category A: Companies located under a Free Trade Zone regimen.

Category B: Companies registered as exporters before the Costa Rican Ministry of Commerce.

Category C: Companies operating in the touristic sector (hotels with a Touristic Declaration and a classification of a four star hotel or more, and airlines registered in the Airline Association).

Category D: Companies operating in the financial, pension and insurance area in Costa Rica.

Category E: Companies operating or about to initiate operations in the telecommunications area in Costa Rica, and are supervised or registered by the Telecommunications Authority .

Category F: Multinationals companies characterized for having a brand name or trademark which is recognized world widely and have operations and offices in at least 3 countries besides Costa Rica.

Category G: Companies that have been hired and designated by the Costa Rican government through processes of Administrative Hiring.

Once your corporation is accredited, your executives, managerial staff or specialist works will be able to apply for a Temporary Residency.

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