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A new law has been presented in the Costa Rican legislature called the Law for the Attraction of Investors, Rentistas and Retirees #MoveToCostaRica The proposal which is pending approval in the legislature, provides for the following: Declaring the attraction of investors and retirees as a public interest. Import Duty Tax Exemptions. You will be able to bring in your household items into the country tax-free. You will also have the right to import one vehicle into the country duty-free. Income Tax Exclusion. The income that you reported as your basis for residency would be excluded from Costa Rican Income Tax. Property Transfer Tax Discount. If you purchase real estate in your personal name, then you will receive a 20% discount from the Costa Rican real estate transfer tax. For the Resident Investor category, it drops the investment requirement from US$200,000 to US$150,000. Expedited Processing. The law indicates that they will create a specialized service window within the Department of Immigration to handle processing for Investor, Rentista, and Pensionado residency categories. You can read the full text of the law here : https://costaricalaw.com/costa-rica-l... For more information check out my video on Moving to Costa Rica: • How to Move to Costa Rica For detailed residency information read our Step by Step How to Apply for Residency in Costa Rica at : https://costaricalaw.com/costa-rica-l... Also don't miss The Legal Guide to Costa Rica. The most comprehensive source of legal information about Costa Rica. US$9.99 from Amazon at: https://bit.ly/legalguideCR #TheLegalGuideToCostaRica