Nomad Watch
PA

Friendly Nations Visa

Active Territorial

Panama · Visa de Naciones Amigas · Economic · apply in person · processing 30–90 days

Minimum investment $200,000 2 investment options
Stay 24 months
Application fee $250
Tax Territorial Territorial Tax System

Path to staying

  1. Residence permit24 months
  2. Permanent residencyafter 2 years
  3. 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

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

Source