Permanent Residency in Panama

It is important to emphasize that applying for residency in Panama requires meeting specific requirements for each type of visa, in addition to the costs associated with each residency category. For this reason, personalized advice from an experienced and duly qualified Panamanian immigration attorney is essential.

Raúl Leis

TYPES OF RESIDENCY

Residencies in Panama can be permanent or temporary. We have selected the 5 best options from more than 40 residency categories, based primarily on the following benefits:

Economic Benefits for Retirees

Open to Applicants of Any Nationality (Except Italian Citizens)

Company and Foundation Formation

 

Immediate Permanent Residency (Retirees & Italian Citizens)

No Investment Required (Retirees, Foreign Professionals & Italian Citizens)

Dependent Applications Available (Spouses, Children Under 25 & Parents)

 

Retiree / Pensioner Residency

Requirement: A lifetime pension of at least US$1,000 per month, or the equivalent in your country’s official currency.

Real Estate Investor Residency

Requirement: Purchase of a property valued at US$300,000.

Qualified Real Estate Investor Residency

Requirement: Purchase of a property valued at US$300,000 (future property purchases may qualify).

Foreign Professional Residency

Requirement: A university degree in a profession that is not restricted to Panamanian nationals, duly recognized or homologated in Panama.

Italian Citizen Residency

Requirement: A valid Italian passport.

People from all over the world move to Panama every year to take advantage of the country’s immigration and tax benefits, particularly retirees and investors.

Daniel Poveda