Panama Visas & Residence Options

panama visas

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.

VisaProgramBasic RequierementBenefits
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 fieldImmediate permanent residency with the option of work permit, plus Right to opt for Panamanian Nationality & Passport after 5 years.
Qualified Investor One of these options: $300K in real estate, $500K in securities, or $750K bank time deposit all for 5 minimum 5 years.Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years. 
VIP Processing in 30 days. Application can be done remotely.
Friendly CountryRequires an economical asset by purchasing a real estate of no less than US$ 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.
EmploymentApplicant must be employee by a company within the 10% of 15% (technicians or executives) Panamanian payrollThe 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 InvestorApplicant that invest in free trade zone areas or call center. The investment amount vary upon the free trade areaThe 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 ActivitiesProfessional activities Applicant must hold a university degree for a professional activity not restricted by the Panamanian lawsThe 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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