Visas and Residency Options in Panama

Below is a summary of the different Visa and Residency programs available in Panama. If you want to watch any specific show, just click the link.

Visa Program Basic Requirement Benefits
Self-economic solvency 'Person of means' One of these options:

  • CD of $300 thousand for 3 years; either
  • Buy a property for $300 thousand; either
  • Any combination that adds up to $300,000
The program grants an initial 2 years of temporary residence and also the right to process the application to obtain Permanent Residence, plus the right to opt for Panamanian Nationality and Passport after 5 years.
Retired (Pensioner) Retired (Pensioner) The applicant must receive a Pension (private or public) of $1,000/month (+US 250 for each dependent) Permanent Residence, tax-free car/home and senior discounts, plus the right to opt for Panamanian Nationality and Passport after 5 years.
Reforestation investor (Option 1) Reforestation Investor applicant must invest 100K in a reforestation plantation field
The program grants an initial 2 years of temporary residence and also the right to process the application to obtain Permanent Residence, plus the right to opt for Panamanian Nationality and Passport after 5 years.
Reforestation investor  (Option 2) Reforestation Investor applicant must invest 350K in a reforestation plantation field Immediate permanent residence with the option of a work permit, plus the right to opt for Panamanian nationality and passport after 5 years.
Qualified Investor  Requires an investment of US$500K in real estate/securities or US$750K in term deposit in a local bank. Any option must be held for a minimum of 5 years. Grants immediate permanent residence status plus the right to opt for Panamanian Nationality and Passport after 5 years.
friendly country Requires an economic asset through the purchase of real estate of no less than US$ 200K or the constitution of a term deposit for US$ 200K for 3 years in a Panamanian bank, or the professional link by having a formal employment contract with a company authorized in Panama and conditional on obtaining a work permit issued by the Ministry of Labor. The applicant must come from one of the countries listed as a “friendly country” The program grants an initial 2 years of temporary residence and also the right to process the application to obtain Permanent Residence, plus the right to opt for Panamanian Nationality and Passport after 5 years.
Job vacancies The applicant must be an employee of a company within 10% of 15% (technicians or executives) of the Panamanian payroll. The program grants an initial 2 years of temporary residence and work permit and also the right to process the application to obtain Permanent Residence, plus the right to opt for Panamanian Nationality and Passport after 5 years.
Free Zone Investor Applicant to invest in free zone zones or call centers. The amount of the investment varies depending on the free trade zone. The program grants an initial 2 years of temporary residence and also the right to process the application to obtain Permanent Residence, plus the right to opt for Panamanian Nationality and Passport after 5 years.
Professional activities Professional Activities The applicant must have a university degree for a professional activity not restricted by Panamanian laws. The program grants an initial 2 years of temporary residence and also the right to process the application to obtain Permanent Residence, plus the right to opt for Panamanian Nationality and Passport after 5 years.

Citizens of Asia, the Middle East, and Africa, please note that the Panama Immigration Office may include your country on a Restricted Countries List subject to Special Requirements. For more information, please click here . For further information, please contact us.

 

Customer Service
BusinessPanama Group
US and Canada Toll Free 1-888-800-8947
Local telephone +507-223-6788
Email - inquiries@businesspanama.com
www.BusinessPanama.com

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