Panama Friendly Nations Visa — Residency Program
🏠 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:
- Short-Term Visa for Remote Workers (digital nomad visa)