Rentista Retirado Visa

1. Residence permit60 months
2. Renew60 months at a time
3. Permanent residencypossible
4. Citizenshipafter 5 years

• Permanent residency
• Citizenship 5 years
• Dual citizenship not allowed
• Language required for citizenship

Country

Panama

Program

Rentista Retirado Visa

Local name

Permiso de Rentista Retirado

Type

Passive income

Status

Active

Initial duration

60 months

Renewable

Yes (60 mo)

Min stay

1 days per 24 months

Residence for a foreigner who is retired from active life and receives at least B/.850 a month, solely from interest on a fixed deposit at Banco Nacional de Panamá or Caja de Ahorros. The deposit runs at least five years and the interest must be free of liens. The permit is issued for five years and can be extended for five more. The balboa is at par with the US dollar.

Income requirement

$850/mo

Application fee

$0

Government contribution

$0

Tax regime

Territorial

Regime name

Territorial tax system

Foreign income taxed

No

Capital gains taxed

Yes

Method

in country, consulate, agent

Apply from abroad

Yes

Local representative

Required

Decree 320, article 196, as restated by Decree 26 of 2 March 2009, sets the B/.850 test and calls the qualifying stay a temporary rentista permit. Article 199 then calls the rentista permit a permanent residence, granted for five years and extendable for the same term on the same documents, without a new criminal record. A consulate may receive the filing. Withdrawing the deposit after the first five years, or breaking Ley 9 of 1987, ends the incentives in that law. Ley 9, article 7, still prints B/.750 a month, and only at Banco Nacional, as the test for the import and vehicle incentives. The migration article is the later and higher figure, and it also allows Caja de Ahorros. The principal that produces B/.850 a month is not fixed in the law, because it depends on the interest rate. There is no separate investment minimum to store. The Migration Service checklist does not charge the B/.250 filing fee or the B/.800 repatriation deposit. Ley 9, article 2(3), waives migration deposits and charges for this visa, and article 6 prohibits work except the same three cases that apply to pensionados. A child shown on the checklist who is over 18 and under 25 must be single and studying. Naturalization follows the ordinary five-year rule and requires a permanent-resident card and renunciation of the existing nationality.

• Short-Stay Visa for Remote Workersdigital nomad visa

1. Oct 10, 2026

   Added

   created. The residence test is B/.850 a month of deposit interest for a five-year permit that can be extended (https://www.gacetaoficial.gob.pa/storage/gacetas/2009/03/26238/GacetaNo_26238_20090311.pdf).