Panama Visa / Emigrate to Panama & Plan B

Panama Visa / Emigrate to Panama & Plan B

If you want to emigrate to Panama, have a second residence in Panama or want to realize your Plan B, then we are happy to support you with our team in your plans. Panama makes it relatively easy for interested people to officially obtain a residence permit in Panama and a Panama visa. The main visa types in Panama are:

  • Friendly Nations Visa Panama
  • Golden Investor Visa Panama
  • Panama Retirement Visa (Pensionado Visa)

Friendly Nations Visa Panama

  • For selected nations.
  • Two-year temporary and following permanent residence in Panama.
  • Pre-requirements: a) real estate purchase in Panama (min. 200,000 USD; registered in the land register) or b) 3-year fixed deposit (min. 200,000 USD) or c) employment in Panama.
  • Costs for a) and b) (subject to change, as of August 2021):
    – Visa: 6.240 USD (for each additional family member + 2.306 USD)
    – Assistance in opening an account : 550 USD
  • The costs for variant c) have not yet been published.
  • Inexpensive, but four “visa trips” are required to obtain unrestricted residency in approximately three years.

Golden Investor Visa Panama

  • Application from abroad possible.
  • Permanent residency in Panama available after approx. 30 days.
  • Pre-requirements: a) purchase of real estate in Panama (min. 300,000 USD; registered in the land register / 500,000 USD from Oct. 2022) or b) 5-year fixed deposit (min. 750,000 USD) or c) investment in Panama stock market (min. 500,000 USD).
  • Costs (subject to change, as of August 2021):
    – Visa: 19.160 USD (for each additional family member + 3.256 USD)
    – Assistance in opening an account : 550 USD
  • Fast and efficient way to obtain your second residence in Panama. As only one “visa trip” is necessary to obtain the permanent residence permit.

Panama Retirement Visa (Pensionado Visa)

  • For retirees who receive at least USD 1,000 monthly guaranteed pension (state or company pension) from their home country.
  • Direct application for permanent residence in Panama.
  • Great discounts in restaurants, hotels, cultural events, hospitals, etc.
  • Costs (subject to change, as of August 2021):
    – Visa : 2,600 USD 
    – Assistance in opening an account : 550 USD
  • You should plan two visa trips to Panama.

Panama Visa

The following applies to all visa types mentioned:

  • Our partner lawyers in Panama will assist you with the visa process in Panama, opening a bank account in Panama, company foundations, etc.
  • Basically required documents: passport, identity card, police clearance certificate (with apostille), proof of income.
  • For investor visas, one investment per family is sufficient.
  • To maintain the visa, one must be in Panama at least once every two years.
  • There are other types of visas in Panama (timber reforestation, for family members, etc).

The Golden Investor Visa Panama and the Panama Retirement Visa are usually the easiest ways to obtain a second residence in Panama. Emigrating to Panama or even Plan B in Panama can be realised quite easily.

After you have been in possession of a permanent residence for five years, you can apply for your Panama citizenship and your Panama passport. Among other things, you have to pass a Spanish test.

Contact us if you want to emigrate to Panama, realise your Plan B in Panama or apply for a second residence in Panama.

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