Retired Permit vs Forest Investor Temporary Permit
Residency program comparison: Curacao and Panama. Income, fees, tax, duration, work rights and pathways.
Overview
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|---|---|---|
| Country | Curacao | Panama |
| Program type | Retirement | Investor visa |
| Status | Active | Active |
At a glance
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|---|---|---|
| Initial duration | 12 mo | — |
| Monthly income | — | — |
| Application fee | $355 | $250 |
| Tax regime | Worldwide | Territorial |
| Renewable | Yes | Yes |
Financial requirements
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|---|---|---|
| Application fee | $355 | $250 |
| Government contribution | — | $800 |
Duration and renewal
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|---|---|---|
| Initial duration | 12 months | — |
| Renewal duration | 12 months | — |
| Renewable | Yes | Yes |
Tax regime
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|---|---|---|
| Tax regime | Worldwide | Territorial |
| Tax regime name | Inkomstenbelasting | Territorial tax system |
| Foreign income taxed | Yes | No |
| Capital gains taxed | Yes | Yes |
Work rights
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|---|---|---|
| Employed work | No | No |
| Self-employed work | No | No |
| Own business | No | Yes |
| Work permit included | No | No |
Requirements
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|---|---|---|
| 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
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|---|---|---|
| Dependents allowed | Yes | Yes |
| Spouse included | Yes | Yes |
| Maximum child age | — | 25 |
| Dependent parents | No | No |
Pathways
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|---|---|---|
| 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
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|---|---|---|
| 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
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|---|---|---|
| Method | Online | In country, agent |
| Processing time | ?–120 days | — |
| Apply from abroad | Yes | No |
| Local representative | Not required | Required |