Self Solvency Investment Visa

A foreigner can invest $300,000 or more to apply for the self solvency visa. It will provide 2 years provisional residency and a new application can be done for permanent residency. The applicant can invest in property, make a bank deposit (min 3 years) or combine the two. The amount must increase by $2000 for every dependent. 

Requirements include:

• Passport and 5 passport photos

• Notarized copy of passport

• Notarized power of attorney and application

• Certificate of good health

• Personal background check and sworn declaration

• Certificate from the Public Registry showing ownership of property or the bank certificate showing the deposit made 

• Dependents will require a letter of responsibility, proof of family connection (marriage certificate, birth certificate etc), proof of address living together, certificate of singleness if older than 18

• Certified check for $800 for immigration

• Certified check for $250 for national treasury

• The $300,000 required to qualify cannot be financed, the funds must come from abroad from your bank account.  In the event of purchasing property valued over $300,000 the applicant is allowed to finance the difference (For example:  You purchase property valued at $400,000.  You must have the $300,000 available but can finance the additional $100,000) 

The cost: 

• Main applicant - $4600 for the initial process for provisional residency + $1400 for permanent residency after 2 years 

• Dependents 12 years and older - $2800 for provisional residency + $800 for permanent residency after 2 years

• Dependents under 12 years - $1800 for provisional residency + $800 for permanent residency after 2 years