Nomad Watch

Retired Permit vs Forest Investor Temporary Permit

Residency program comparison: Curacao and Panama. Income, fees, tax, duration, work rights and pathways.

Overview

Overview
CW Retired Permit PA Forest Investor Temporary Permit
Country Curacao Panama
Program type Retirement Investor visa
Status Active Active

At a glance

At a glance
CW Retired Permit PA Forest Investor Temporary Permit
Initial duration 12 mo —
Monthly income — —
Application fee $355 $250
Tax regime Worldwide Territorial
Renewable Yes Yes

Financial requirements

Financial requirements
CW Retired Permit PA Forest Investor Temporary Permit
Application fee $355 $250
Government contribution — $800

Duration and renewal

Duration and renewal
CW Retired Permit PA Forest Investor Temporary Permit
Initial duration 12 months —
Renewal duration 12 months —
Renewable Yes Yes

Tax regime

Tax regime
CW Retired Permit PA Forest Investor Temporary Permit
Tax regime Worldwide Territorial
Tax regime name Inkomstenbelasting Territorial tax system
Foreign income taxed Yes No
Capital gains taxed Yes Yes

Work rights

Work rights
CW Retired Permit PA Forest Investor Temporary Permit
Employed work No No
Self-employed work No No
Own business No Yes
Work permit included No No

Requirements

Requirements
CW Retired Permit PA Forest Investor Temporary Permit
Criminal record check Required Required
Health check Not required Required
Degree Not required Not required
Professional experience Not required Not required
Language (for citizenship) Required Required

Family and dependents

Family and dependents
CW Retired Permit PA Forest Investor Temporary Permit
Dependents allowed Yes Yes
Spouse included Yes Yes
Maximum child age — 25
Dependent parents No No

Pathways

Pathways
CW Retired Permit PA Forest Investor Temporary Permit
Path to permanent residency Yes(10 yrs) No
Path to citizenship Yes(5 yrs) No
Grants direct citizenship No No
Dual citizenship allowed No No

Benefits

Benefits
CW Retired Permit PA Forest Investor Temporary Permit
Schengen access No No
Open a bank account Yes Yes
Buy property Yes Yes
Public healthcare access No No
Health insurance Not required Not required

Application

Application
CW Retired Permit PA Forest Investor Temporary Permit
Method Online In country, agent
Processing time ?–120 days —
Apply from abroad Yes No
Local representative Not required Required
Free views Sign up free