Temporary carnet financial requirements

I have business income, which I know does not qualify as guaranteed income for the purpose of applying for a rentista visa. However, I have US Social Security and trust income totaling around $1500 together. Both are as guaranteed as it gets. Can I use this combination to meet the financial requirement?

D

seoulguy wrote:

I have US Social Security and trust income totaling around $1500 together. Both are as guaranteed as it gets. Can I use this combination to meet the financial requirement?

D

Yo, D.

Common sense and experience tell me this should be a slam dunk in your favor.  The caveat is that the $1500 US in combined income must meet or exceed the relevant visa requirement at the time of applying for the visa.

I would use an experienced visa specialist to make sure all the t's are crossed and the i's dotted, since your situation is a bit more complex than that of the gringo promedio.

cccmedia

First, let me thank you for the prompt reply. I became familiar with Peru by way of a friend in AQP. I'm 79 and looking for a modest retirement situation. Final destination would pretty much be AQP. Like almost everyone, COVID came along and delayed my plans by more than a year. I'm not a stranger to expat living, having lived and worked in Mexico and South Korea and Puerto Rico. I can manage in Spanish.

I have studied the rentista requirements. Compared to Colombia, seems like a lot of trips to Lima and not too fond of the idea of opening a Peruvian bank account to deposit my income, but that's getting ahead of my skis. You mentioned a visa specialist. Any recommendations not abogados....like I said, I lived and work in Cd Mexico. Given the political situation, this could be the world's worst time to think of Peru, but I am vaccinated.

Thanks again.
D

seoulguy wrote:

First, let me thank you for the prompt reply....

You mentioned a visa specialist. Any recommendations not abogados....

Given the political situation, this could be the world's worst time to think of Peru, but I am vaccinated.

Although I've made extended visits to Lima in recent years, I have applied for visas only in Colombia (one-year visa) and Ecuador, where I have a permanent visa based on the purchase of my condo in Quito.  I used an an immigration attorney for both visas.

Based on the lowered participation in this Peru forum since the start of the pandemia, it seems that you may be among a tiny percentage of Expats who are planning to move to the country around now.  While Peru has been whacked by coronavirus, your choice of Arequipa has gotten hit not nearly so badly as Lima.

I don't expect to visit Lima/Peru again until at least mid-2022.

cccmedia in Quito, Ecuador

seoulguy wrote:

not too fond of the idea of opening a Peruvian bank account to deposit my income, but that's getting ahead of my skis.

I don't see any reason that an Expat should be concerned about depositing money (up to the insured limit) in a South American country such as Peru.

I opened an account with Banco Guayaquil as soon as I obtained my cédula in 2014 and have never regretted it.  My monthly benefits are sent there by SSA and there has never been a problem about that.

I can access cash at Banco by easily walking the five blocks from my condo to my bank branch.  There is an ATM outside and one inside .. and there is usually no wait to use them.

If anything goes sideways for a while (such as a USA bank card expiring while I am traveling), I have funds available to me a través de Banco.  If my Banco ATM card were to be lost, I believe that it would be much easier to get it replaced what with the current waiting time and unreliable mail service that typically produce long waits to get replacements of expiring USA bank cards.

cccmedia

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