New Costa Rican Bank Account Options for Foreigners

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The Costa Rica Star just published this story about three new types of accounts being offered with $1,000, $2,000 and $10,000 USD deposit limits. This is good news for expats and those considering applying for residency in Costa Rica!

“This week, the state-owned Banco Nacional de Costa Rica (BNCR) announced a new series of bank accounts that require fewer requisites to open.

The three different types of accounts make banking in Costa Rica accessible for the first time to foreigners, youth, elderly, and others who may previously have found it difficult or impossible to supply the paperwork required to open an account.”

Read the whole story by Wendy Anders.