🌍 Nomad Watch The Nomad Research Database
guest Login
📋 visas 🛂 passports 🏛 embassies 💰 taxes
🔥 hubs 💼 jobs 📅 events 👥 groups 💬 forum
🔧 tools 🌤 best time 📈 studio
🔍 SEARCH
📊 SITE STATS
Cities:3,230
Countries:250
Avg Score:5.7
Avg Cost:$2,871/mo
Active Jobs:0
Members:117
Topics:1
🏠 OVERVIEW
Country 🇵🇦 Panama
Program Friendly Nations Visa
Local Name Visa de Naciones Amigas
Type Economic
Status Active
Initial Duration 24 months

Fast-track permanent residency for citizens of 50+ "friendly" nations who establish economic or professional ties with Panama through employment, business, or a $200,000 investment.

🪙 INVESTMENT OPTIONS
Type Min Amount USD Equivalent Holding Returnable Required
Real estate USD 200,000 $200,000 -- Yes Optional
Bank deposit USD 200,000 $200,000 -- Yes Optional
📋 ELIGIBILITY
Min Age 18+
Criminal Record Check Required
Health Check Required
Health Insurance Not required
💼 WORK RIGHTS
Employment Allowed
Self-Employment Allowed
Own Business Allowed
Work Permit Included Yes
👨‍👩‍👧 FAMILY & DEPENDENTS
Dependents Allowed Yes
Spouse Included Yes
Max Child Age 25
Parents Allowed Yes
💰 TAX DETAILS
Tax Regime Territorial
Regime Name Territorial Tax System
Foreign Income Taxed No
Capital Gains Taxed No
🏆 PATH FORWARD
Permanent Residency Yes
Years to PR 2 years
Dual Citizenship Allowed
Citizenship Yes
Years to Citizenship 5 years
Language Required Yes
🌍 BENEFITS & MOBILITY
Bank Account Can open
Property Purchase Allowed
Public Healthcare Access granted
📝 HOW TO APPLY
Method in person
Processing Time 30–90 days
Apply from Abroad No
Local Representative Required
📝 NOTES

Eligible countries include USA, Canada, UK, Australia, all EU nations, Japan, South Korea, Singapore, and many Latin American countries. Economic tie options: $200,000 real estate purchase, $200,000 bank time deposit, or proof of employment with a Panamanian company. Provisional residency for 2 years, then eligible for permanent residency. Work permit can be requested indefinitely.

📋 ALSO IN PANAMA

Panama also offers a digital nomad visa for remote workers:

Source