Panama Visas & Residence Options

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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.

 

VisaProgram

Basic Requierement

Benefits

Self-Economic Solvency 'Person of Means'

One of these options:

  • $300K CD for 3 years; or
  • Buy $300K property; or
  • Any combination which amount to $ 300,000

The program grants initial 2 years temporary residency and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Retiree (Pensionado)

Retiree (Pensionado) Applicant must receive a Pension (private or public) of $1,000/ month (+US 250 per each dependent) 

Permanent Residency, duty free auto/ household and senior citizen discounts, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Reforestation Investor (Option 1)

Reforestation Investor applicant must invest 100K in a reforestation plantation field 

The program grants initial 2 years temporary residency and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Reforestation Investor  (Option 2) 

Reforestation Investor applicant must invest 350K in a reforestation plantation field 

Immediate permanent residency with the option of work permit, plus Right to opt for Panamanian Nationality & Passport after 5 years. 
Qualified Investor 

Requires a US$ 500K in real estate/securities or US$ 750K Time deposit investment in local bank. Any option is required to be held for a minimum of 5 years 

Grants immediate permanent residency status plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Friendly Country

Requires an economical asset by purchasing a real estate of no less than US$ 200K or setting up a time deposit for US$ 200K for 3 years in a Panamanian bank, or  the professional link by having a formal labor contract with licensed company in Panama and conditioned to the procurement of a work permit issued by the Ministry of Labor. Applicant must come from one of the countries listed as “friendly country”

The program grants initial 2 years temporary residency and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Employment

Applicant must be employee by a company within the 10% of 15% (technicians or executives) Panamanian payroll 

The program grants initial 2 years temporary residency and work permit and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Free Trade Zone Investor

Applicant that invest in free trade zone areas or call center. The investment amount vary upon the free trade area 

The program grants initial 2 years temporary residency and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

Professional Activities

Professional activities Applicant must hold a university degree for a professional activity not restricted by the Panamanian laws 

The program grants initial 2 years temporary residency and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 

 

Citizens from Asia, Middle East and Africa, kindly note that Panama's Immigration Office may have your country on a List of Restricted Countries subject to Special Requirements. For more information, please click here.

For more information, please contact us.

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