IMMIGRATION
THINKING OF
MOVING
TO PANAMA?
Known as the “Hub of the Americas” due to its strategically positioned access to direct flights connecting every corner of the globe, Panama has emerged as one of the world’s most coveted destinations for residence.
Bolstered by one of the fastest-growing economies in the Americas, underpinned by the US Dollar, Panama has cultivated an exceedingly welcoming atmosphere for expatriates, offering diverse residency programs, some granting residency status in a mere 45 days.
Whether your heart beats for the vibrancy of cosmopolitan cities, the allure of Caribbean coastlines, the charm of idyllic mountain hamlets, or the island way of life, Panama has something to captivate every soul.
Panama consistently ranks among the top five retirement destinations in the world.
In fact, it has taken the number one spot in International Living’s Annual Global Retirement Index many times
RESIDENCY PROGRAMS
Are you considering Panama as a second home or a place to retire? Or are you just looking for a safe country where to invest your capital?
QUALIFIED INVESTOR
RED CARPET VISA
- Applications will be submitted and processed in a VIP Counter by our lawyers, without you having to come physically into the country.
- The approval process for this residency will take a maximum of 45 business days.
- Applicants obtain Indefinite Residency and Local ID (Cedula).
FRIENDLY NATIONS VISA
Applicants must show ownership of property for $200,000 USD or more.
WHY THE FRIENDLY NATIONS VISA?
- Financing through a Panamanian Bank is allowed
- Cost effective option for clients who do not qualify for Red Carpet Visa
- There is no plan to increase required Real Estate investment amount
FRIENDLY NATIONS COUNTRIES
PENSIONADO VISA
RETIREMENT VISA
To be elegible for a Pensionado Visa in Panama, you must fullfill the following requirements:
- This visa is for retirees who receive a minimum monthly income of $1,000 per month.
- It allows you to live in Panama permanently and provides various benefits such as discounts on medical care, entertainment, and transportation.
- You must meet the age requirement. The retirement age in Panama is 62 for men and 57 for women.
HOW WE
CAN HELP?
First things to know about Immigrating to Panama
Types of Visas and Immigration Methods
Red Carpet Visa:
Panama’s version of a “golden visa”, allows you to obtain a full-time residencyvisa with only a $300,000 investment.
Investor Visa:
This visa is for individuals in Panama, either by starting a business or buying property. The minimum investment amount is $160,000, and the visa is valid for two years.
Friendy Nations Visa:
This visa is for citizens o countries that have friendly relations with Panama. The applicant must have a professional or economic tie to Panama, succh as starting a business, investing, or working for a Panamanian company.
GETTING RESIDENCY IN PANAMA IS EASY
(WITH THE PROPER SUPPORT)
OUR PROCESS
01
The first step is an initial consultation with an immigration lawyer to discuss the client’s immigration goals, eligibility, and options for obtaining residency in Panama.
02
We will help the client prepare all necessary documentation, including criminal background checks, medical certificates, and financial statements.
03
Application submission
Once all documentation is prepared, the lawyer will submit the application to the appropriate immigration authorities in Panama.
04
Follow-up and updates
The lawyer will follow up with the immigration authorities to ensure that the application is being processed correctly and provide regular updates to the client.
05
Visa issuance and travel arrangements
If the application is approved, the lawyer will help the client obtain their visa or residency permit and make necessary travel arrangements.
06
Post-arrival services
We provide assistance with obtaining a work permit, opening a bank account, and other necessary services.
Learn more
Frequently Asked Questions
There are several types of residency visas available in Panama, including the Pensionado, Friendly Nations, Self-Economic Solvency, Reforestation, and Qualified Investor programs.
The requirements for residency in Panama vary depending on the type of visa, but generally include providing proof of income, passing a medical examination, obtaining a criminal background check, and providing other documentation as required.
The immigration process in Panama can take several months or longer, depending on the type of visa and individual circumstances.
Spanish is the official language of Panama, and while it is not necessarily required to speak Spanish to immigrate, it can be helpful for everyday life and communicating with locals.
Some residency visas in Panama, such as the Friendly Nations and Self-Economic Solvency programs, allow for work authorization. However, other visas may require additional permits or authorizations to work.
Yes, most residency visas in Panama allow for spouses and dependent children to accompany the main applicant.
Panama has a territorial tax system, which means that individuals are only taxed on income earned within Panama. This can make Panama an attractive destination for retirees and others looking to minimize their tax obligations.
Panama has a public healthcare system, as well as private healthcare options. The quality of healthcare can vary depending on the provider, but overall, healthcare in Panama is considered to be of a high standard.
Panama is generally considered to be a safe country, but like any country, there are areas that can be more prone to crime and violence. It’s important to exercise caution and be aware of your surroundings.
An immigration lawyer can provide guidance and assistance with navigating the complex immigration process in Panama, including helping with document preparation, submitting applications, and following up with immigration authorities. Working with an experienced lawyer can increase the chances of a successful outcome.
The immigration process to Panama can be complex and challenging, with several difficulties that applicants may encounter:
- Extensive documentation requirements: Applicants need to provide a significant amount of documentation to support their application, including criminal background checks, medical certificates, and financial statements.
- Language barrier: Spanish is the official language in Panama, and all documentation and communication with immigration authorities will be in Spanish, which can be a challenge for non-Spanish speakers.
- Changing immigration policies: Panama’s immigration policies and procedures can change frequently, making it challenging for applicants to keep up-to-date with the latest requirements and regulations.
- Lengthy processing times: The immigration process can be time-consuming, and applicants may experience delays in receiving their visas or residency permits.
Limited job opportunities: For individuals who are not applying under the investor or professional residency programs, finding employment in Panama can be challenging due to competition from local workers. - Financial requirements: Some residency programs require applicants to demonstrate a certain level of financial stability, which can be challenging for some individuals.
Carol Oliveira
Marc Spencer
United States
Carol Oliveira
Marc Spencer
United States