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🛂 OVERVIEW
Country 🇵🇦 Panama
Visa Name Short-Term Visa for Remote Workers
Local Name Visa de Corta Estancia para Teletrabajadores
Program Type Formal dn visa
Status Active
Initial Duration 9 months
Max Duration 18 months
Income Requirement $3,000/mo ($36,000/yr)
Application Fee $300
Tax Status Territorial
📋 REQUIREMENTS
Health Insurance Required
Criminal Record Check Required
Accommodation Proof Not required
Proof of Employment Required
Degree Required Not required
💼 WORK RULES
Local Work Allowed No
Freelancer Eligible Yes
Employee Eligible Yes
Work Permit Included No
👨‍👩‍👧 FAMILY & DEPENDENTS
Dependents Allowed Yes
💰 TAX DETAILS
Tax Status Territorial
Tax Regime Territorial tax system
Foreign Income Taxed No
📝 HOW TO APPLY
Application Method in country
Processing Time 30–45 days
Can Apply In-Country No
Multiple Entry Yes
Can Open Bank Account Yes
Renewable Yes
📝 NOTES

Introduced via Executive Decree No. 198 (May 2021). $250 government fee + $50 NIS card fee = $300. Total costs $400-$800 with legal services. Requires an immigration lawyer to file application. 9-month initial term, extendable for another 9 months. Foreign income not taxable under Panama territorial tax system.

🏠 ALSO IN PANAMA

Panama also offers these long-term residency programs:

Source