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Panama is an attractive destination for those seeking permanent residency, offering various categories of visas that cater to different profiles of investors, retirees, and citizens of friendly countries.
As an expert immigration law firm, Legalia Panama makes available to you all the available options and the application process to obtain a permanent residence visa in Panama.
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It is a document that allows foreigners to settle indefinitely in the country, enjoying rights and benefits similar to Panamanian citizens.
These visas are ideal for those who wish to invest, work, or simply enjoy their retirement in a safe and financially stable environment.
Panama offers several categories of permanent residency visas, each with specific requirements and particular benefits.
This visa is designed for those who invest in reforestation projects approved by the Panamanian government. The minimum investment required is $80,000 in at least five hectares of land destined for reforestation.
To obtain this visa, a minimum of $160,000 must be invested in a Panamanian company that generates at least five full-time jobs for Panamanian citizens.
This type of visa is aimed at businessmen and entrepreneurs who want to establish large businesses in Panama.
It is granted to individuals who can demonstrate economic solvency through one of the following modalities:
To qualify, an investment of at least $300,000 in real estate, securities, or Panamanian government projects is required. This visa is intended for high-net-worth investors.
The retired rentista visa in Panama is aimed at foreigners who wish to obtain permanent residence in the country and have regular income from investments or pensions abroad. To qualify, the applicant must demonstrate a minimum monthly income of $2,000 from a fixed-term deposit in a Panamanian bank or other approved sources.
This visa does not require a minimum age and allows you to enjoy the benefits offered by permanent residency, such as the possibility of acquiring real estate and accessing tax and retirement incentives in Panama.
Intended for retirees or pensioners who receive a monthly pension of at least $1,000. It offers multiple tax and residency benefits for those looking to retire in Panama.
The Panama Pacific Economic Area investor visa allows foreigners to obtain temporary residency through a minimum investment in projects within this special area. Applicants must meet the established investment requirements and maintain their active participation in the economic development of the area.
This visa is renewable and offers tax and business benefits, facilitating residency and business operation within Panama Pacifico.
The Panama Pacific Area Workers’ Permit allows companies, developers, or operators to hire foreign personnel within 10% of their ordinary workers. This permit grants temporary residence to foreign employees, allowing them to work legally within the special regime of Panama Pacifico. The company must comply with the established immigration and labor requirements, and the permit is granted for one year, renewable.
This regime is regulated by Law 41 of July 20, 2004, which establishes the Panama Pacific Area and its special incentives.
The Export Processing Zone investor visa is intended for foreigners who make investments in productive activities within these special zones in Panama. To obtain it, the applicant must comply with a minimum investment stipulated by law, guaranteeing the creation of employment and the promotion of exports. This visa grants temporary residency, initially for one year, renewable as long as the investment is active. The regime is regulated by Law 25 of November 30, 1992, which promotes Export Processing Zones and their tax and commercial benefits.
The Panama Export Call Center investor visa is aimed at foreigners who invest in this type of operations focused on international services. Applicants must meet an established minimum investment in the call center sector, contributing to job creation and the export of services from Panama. This visa grants temporary residency for one year, with the possibility of renewal as long as the investment remains active.
This regime is governed by Law 54 of November 25, 1998, which regulates Call Centers for Commercial Use in the country.
The investor visa in the film and audiovisual industry in Panama is aimed at foreigners who make significant investments in production projects within the country. This visa allows you to obtain temporary residence for one year, renewable, as long as you maintain active investment in the audiovisual industry. Investors must comply with the requirements established to promote the development of the sector and job creation.
This regime is regulated by Law 16 of April 27, 2012, which promotes film and audiovisual activity in Panama, offering incentives and special benefits.
This permit allows foreigners to work in private Panamanian companies, with a minimum wage of B/.850.00 per month. It applies to those hired within 10% of the company’s ordinary staff, providing an option to settle and work in Panama. Its initial duration is two years, with the possibility of opting for permanent residence.
Aimed at foreigners with specialized technical skills, this permit applies to those who work in Panamanian companies under 15% of specialized personnel. It requires a minimum wage of B/.850.00 per month. Initially granted for two years, it allows applicants to subsequently manage their permanent residence, contributing their technical knowledge to business development in Panama.
The Foreigner Married to Panamanian Visa allows foreigners to obtain temporary residency in Panama by being legally married to a Panamanian citizen. This type of visa guarantees the possibility of residing and working in the country legally. It is initially granted for one year and is renewable, with the option of applying for permanent residency after meeting the immigration requirements.
The applicant must demonstrate the validity of the marriage and compliance with the legal requirements established by the immigration authorities of Panama.
The Panama Permanent Resident Dependent Visa allows immediate family members (spouse, children under 18 years of age, or parents) of a permanent resident to obtain temporary residency in the country. This visa is granted for one year, with the possibility of renewal, and allows dependents to live legally in Panama as long as the principal holder maintains their resident status.
Applicants must demonstrate their family relationship with the permanent resident and meet the immigration requirements established by law.
The Family Reunification Visa as a Foreigner with Panamanian Children allows foreigners who have children born in Panama to obtain temporary residence in the country. This visa is granted for one year, with the possibility of renewal, and is designed to facilitate family unity, allowing the foreigner to live legally in Panama with their Panamanian children.
The applicant must present documentation that proves the filial relationship and comply with the established immigration requirements.
The visa under the Treaty of Friendship, Commerce and Navigation between the Republic of Panama and the Republic of Italy allows Italian citizens to obtain permanent residence in Panama expeditiously. This treaty offers special benefits to Italians, including the right to settle, work, and conduct business in the country under favorable conditions. The visa is initially granted for one year, with the option of obtaining permanent residence after meeting the immigration and documentary requirements established by the Panamanian authorities.
The Friendly Nations Visa, intended for foreigners from countries that maintain friendly, professional, economic and investment relations with the Republic of Panama, allows you to obtain permanent residence quickly and favorably. Applicants must demonstrate professional, economic, or investment ties to Panama, such as opening a business or offering employment.
This visa is initially granted for two years, with the option to apply for permanent residency at the end of that period. This program offers citizens of the included countries a fast track to legally settle in Panama and enjoy its immigration benefits.
The Panama Professional Foreigner Visa is aimed at foreigners with university degrees who wish to work in the country in their area of expertise. To obtain it, the applicant must prove his professional title and demonstrate that he will not practice a profession restricted to Panamanian nationals. This visa grants temporary residence for two years, with the possibility of renewal and eventual application for permanent residence.
It is an option for qualified professionals looking for job opportunities in Panama, always complying with the established legal and immigration requirements.
The Temporary Protection Permit in Panama is designed to offer temporary residence to foreigners who are in humanitarian or international protection situations. This permit allows the beneficiary to reside and work legally in the country for a certain period, offering a temporary solution while situations of risk or vulnerability in their country of origin are resolved.
The permit is granted for a limited time, with the possibility of renewal, and is subject to the migratory requirements and conditions established by the Panamanian authorities.
The process of applying for a Panama permanent residency visa is meticulous and requires careful preparation of the necessary documentation. At Legalia Panama we can help you with the entire process you need to obtain your visa in order to save you time and money.
We specialize in immigration processes and offer personalized and professional advice to ensure a hassle-free experience.
We have a team of lawyers with extensive experience in immigration law and a thorough knowledge of Panamanian regulations.
Our commitment is to provide an efficient service tailored to the individual needs of each client, ensuring your peace of mind and success in the process of obtaining permanent residency in Panama.
