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🇵🇦 Panama

Friendly Nations Visa

Panama's most popular residency program for citizens of 50+ "friendly" countries including US, Canada, EU, Australia. Requires minimum $5,000 bank deposit in Panama plus economic ties (employment, business, or $200,000 real estate investment). Grants two-year provisional residency, then eligible for permanent residency. Processing typically 3-6 months. Total costs $8,000-12,000 over two years including legal fees. No age restrictions, can include spouse, children under 25, and parents as dependents. After 5 years of permanent residency, eligible to apply for citizenship. Work rights included from start. Requires licensed Panamanian attorney to file application.

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Processing Time

3-6 months from document submission to provisional residency

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Cost

$8,000-12,000 total (includes $5,000 deposit + legal fees + government fees over 2 years)

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Duration

2 years provisional, then permanent residency

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Work Rights

Full work rights from provisional residency

Path to Permanent Residence

Yes

Requirements

  • 1Citizenship from one of 50+ friendly nations (includes US, Canada, EU, Australia, UK)
  • 2Bank account in Panama with minimum $5,000 balance
  • 3Economic ties: employment, business formation, OR $200,000 real estate investment
  • 4Valid passport (6+ months validity)
  • 5Clean criminal background check (apostilled)
  • 6Health certificate
  • 7Licensed Panamanian attorney to file application

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