Panama Visas & Residence Options
Below is a summary of the different Visa & Residency programs available in Panama. If you wish to view any specific program, just click in the link.
| Visa Program | Basic Requirement | Benefits |
|---|---|---|
| Self-Economic Solvency (Person of Means) |
|
Grants 2 years of temporary residency and eligibility for Permanent Residency. Right to apply for Panamanian nationality and passport after 5 years. |
| Retiree (Pensionado) | Pension of at least $1,000/month (+$250 per dependent) | Permanent Residency, tax exemptions on imports, senior discounts, and right to apply for nationality after 5 years. |
| Reforestation Investor (Option 1) | Investment of $100,000 in a certified reforestation project | 2 years of temporary residency, with eligibility for permanent residency and nationality after 5 years. |
| Reforestation Investor (Option 2) | Investment of $350,000 in a reforestation project | Immediate permanent residency and work permit eligibility; nationality after 5 years. |
| Qualified Investor | US$500,000 in real estate or securities, or US$750,000 time deposit (5-year minimum) | Immediate permanent residency and eligibility for nationality after 5 years. |
| Friendly Country Visa | Purchase real estate or set up a US$200,000 time deposit (3 years), or hold a labor contract with a Panamanian company | 2 years of temporary residency followed by permanent residency; nationality after 5 years. |
| Employment Visa | Must be employed by a company within the 10% or 15% foreign employee quota | 2 years of temporary residency and work permit, leading to permanent residency and nationality after 5 years. |
| Free Trade Zone Investor | Investment in a Free Trade Zone or Call Center (amount varies by zone) | 2 years of temporary residency, leading to permanent residency and nationality after 5 years. |
| Professional Activities | University degree for a profession not restricted under Panamanian law | 2 years of temporary residency, leading to permanent residency and nationality after 5 years. |
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