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Procedure guide · Immigration and citizenship

Panama Friendly Nations Visa

Which nationalities qualify, what economic tie it requires (a job or an investment), requirements, documents and steps for Panama's Friendly Nations residency.

Open to
Nationalities on the official list
Tie to Panama
Employment or investment
Residency
Temporary, then permanent
Updated
On this page

In short

The Friendly Nations Visa offers residency in Panama to nationals of the countries on an official list who can show an economic tie to Panama: an employment contract with a Panamanian company or a minimum investment. It starts as temporary residency and can later become permanent.

Requirements

  • Hold the nationality of one of the countries on the official list.
  • An employment contract with a Panamanian company, an investment in real estate of at least USD 200,000, or a fixed-term deposit of the same amount at a Panamanian bank, free of liens and for 3 years.
  • A valid passport and no criminal record.
  • File the application through a Panamanian lawyer.

Required documents

  • Passport

    Full authenticated copy.

  • Criminal record certificate

    From your country of origin or residence.

    Apostille or legalisation
  • Proof of the economic tie

    Employment contract, property title deed or deposit certificate.

  • Health certificate

    Issued by a doctor in Panama.

  • Marriage and birth certificates

    Only if you include dependents.

    Apostille or legalisation

Step by step

  1. 01

    Check your nationality

    The list is set by Executive Decree 197 of 2021 (amended by Decree 226 of 2021) and may change.

  2. 02

    Establish the economic tie

    Sign the employment contract or make the investment.

  3. 03

    Your lawyer files the application

    With the National Immigration Service, with the documents and fees.

  4. 04

    Get temporary residency

    You receive a temporary resident ID card.

  5. 05

    Apply for permanent residency

    After 2 years of temporary residence, if you keep the economic tie (see permanent residency).

Costs

Official government fees
USD 250 application fee and USD 800 repatriation deposit
Lawyer's fees
Depends on the case

Frequently asked questions

How do I know if my country is on the list?

According to Executive Decree 197 of 2021, the list includes: Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Monaco, Montenegro, the Netherlands, New Zealand, Norway, Paraguay, Peru, Poland, Portugal, San Marino, Serbia, Singapore, Slovakia, South Africa, South Korea, Spain, Sweden, Switzerland, the United Kingdom, the United States, and Uruguay. The United States, Canada, the United Kingdom, Australia and most of the European Union are on it; Colombia and Venezuela, for example, are not. Because the list can change, confirm it before you start.

Is buying a home enough?

Only if the investment reaches the minimum amount and meets the requirements of the regulations. Structure it with residency in mind from the start. Before buying, see how foreigners buy property.

What if my country is not on the list?

You have other options, such as residency through economic solvency, a job with a work permit or, if you are a professional, the foreign professional residency (see degree recognition).

Official sources

  1. National Immigration Service: Friendly Nations requirements (LE2, in Spanish)
  2. Official Gazette of Panama (Executive Decrees 197 and 226 of 2021)
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