ABOUT THE LIVING LIFE IN COSTA RICA BLOG

I (Vicki Skinner - aka "THE Sarong Goddess") created this blog in 2007 to share DETAILED Finds•Lists•Info•Events•Experiences to help bring more EASE to people living in, visiting or thinking of moving to Costa Rica since DETAILS are NOT easy to find!
I’m NOT an expert (an "expert" 2 ME knows 101%-NOT me). I believe in sharin info•helping where I can! And with over 2,200 entries, so some things might be out of date, so if you find old info PLEASE help each other by getting the updated info & sharing it with me to revise. At least you have some basic info to get you started.
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Wednesday, April 17, 2013

BANK ACCOUNTS - NON-Residents Can NOT Open Bank Accounts in Costa Rica

NON-RESIDENCE CAN 
NOT OPEN A NEW BANK ACCOUNT
in Costa Rica!

If you do NOT have an ACTUAL CEDULA - meaning ACTIVE RESIDENCY  - you can NOT Open a NEW Bank Account within Costa Rica these days!!  So if you have Residency in Waiting - sorry Charlie - NO Bank Account till it you have that Cedula in hand!!!*

NOTE there have been CONFLICTING stories about this where SOME people have said they WERE able to open a bank account recently - albeit having to jump through the hoops with what they needed to get it - so - as usual in Costa Rica - EVERYONE has a different experience!!!   

This article says people with residency in waiting SHOULD be able to open a bank account (this article is about the DIMEX card).  AHHHH - life in Costa Rica!!!  Who knows!  Try it and share back what your experience was (if you do not want to post something in "Comments", email me at LivingLifeInCostaRica@gmail.com)
TicoTimes.net/More-news/Top-Story/More-control-on-bank-transfers_Friday-May-25-2012

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*WHAT??  IS THERE ANY WAY AROUND IT?
The ONLY way I know around it is by opening a Bank Account through your ACTIVE•PAID UP (with ALL the new taxes paid) CORPORATION.


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I HAVE A BANK ACCOUNT BUT I DO NOT HAVE RESIDENCY. 
WHAT THAT MEAN FOR ME?
Well, if you plan on RECEIVING any On-Line Bank Transfers from someone that banks through a DIFFERENT bank or you want to receive a Wire (including from your OWN bank account - say in the U.S. or Canada) - the bank system requires a SINPE number (National System for Electronic Payments) - AND - NOW you MUST have a DIMEX•DIDI Card - and that card is ONLY issued to people with ACTIVE RESIDENCY•CEDULAS!!

OR - if you have someone WITH Residency•a Cedula ON your account - you can do the transfer through them (BUT - if that person is a U.S. citizen - when it comes time for them to file their bank information through the Treasury Department - they WILL have to count that in or risk being FLAGGED [remember - we're ALL money laundering, drug dealing, terrorists!!]) so be REALLY CAREFUL doing that!!!

SOOOOO, that means one thing - you can NO LONGER RECEIVE bank transfers from people with bank accounts OUTSIDE the same bank till you get your residency ACTIVE!!


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WHAT??  IS THERE ANY WAY AROUND IT?
To my knowledge this only really effects people that are RECEIVING On-Line Bank Transfers from ANOTHER bank•Wires - so - most people I've spoken with that do NOT have residency but have bank accounts - and SO FAR (this IS Costa Rica) - none have had any problems (as long as they're not getting money Transferred or Wired to them [yikes - that probably INCLUDES your Social Security check!!]).  Just have people walk into the bank and deposit money into your account - OR - just transfer money from people that bank with the SAME BANK!


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WHY THE HECK ARE THEY DOING THIS TO US??
Hmmm - think about it.  Can Tico's open bank accounts easily in the U.S.?  Can they get a drivers license?  Well, I think you have your answer eh?!?!!?  You can't blame them can you?  THOUGH . . . .

With that said - anyone else think this WILL ADD MORE STRIKES AGAINST Costa Rica on their fast spiral DOWNWARD as a country that does NOT bring Ease of Doing Business or Live In for ExPats or Countries outside of them.  And with that - it WILL hurt the PEOPLE of the country as tourism IS going DOWN FAST throughOUT the WORLD and people are tightening up their belt buckles with spending money and Exports WILL most likely be effected also shortly!


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Please "SHARE" this with EVERYONE you know that's thinking of moving to Costa Rica or that has a bank account withOUT residency!
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