Path to staying
- Residence permit24 months
- Permanent residencyafter 2 years
- Citizenshipafter 5 years
- Permanent residency 2 years
- Citizenship 5 years
- Dual citizenship allowed
- Language required for citizenship
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
- Minimum age 18+
- Criminal record check required
- Health check required
- Health insurance not required
Work rights
- Employment allowed
- Self-employment allowed
- Own a business allowed
- Work permit included
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 25
- Parents allowed
- Yes
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare access granted
Tax
- Tax regime
- Territorial
- Regime name
- Territorial Tax System
- Foreign income taxed
- No
- Capital gains taxed
- No
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