There are no US banks with branches in Costa Rica at this time. I am not sure how the implementation of CAFTA will effect that.
Yes banks fail. Supposedly the government backs the national banks but I would not depend on that. The conventional wisdom is that a private bank such as Scotia Bank which is a Costa Rican bank supposedly completely separate from Bank of Nova Scotia in Canada would be bailed out by the parent company rather than let there good name be tarnished. True or wishful thinking? Hopefully we will never have reason to put that to the test.
Rentista funds due not have to be in a Costa Rican bank. There are ways to have the funds in United States institutions. Check with a qualified immigration attorney for details.
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Pura Vida
Only Irish coffee provides in a single glass all four
essential food groups:
alcohol, caffeine, sugar and fat.
Alex Levine