Processing Time
3-6 months
Cost
$250 application deposit + CAJA fees (~9-10% of stated income)
Duration
2 years initial, renewable for 2 more years
Work Rights
Cannot work as employee; may own business or invest
Renewability
Renewable every 2 years until permanent residency
Path to Permanent Residence
Yes
Requirements
- 1$2,500/month passive income for 2 years OR $60,000 lump sum deposit
- 2Bank certification with transaction logs (since 2025)
- 3Criminal background check (apostilled)
- 4Birth certificate (apostilled)
- 5Health insurance or CAJA enrollment
- 6All documents translated to Spanish
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