Immigration Legislation

In order to obtain your immigration visa, below are some step-by-step instructions intended to help guide you through the process.

First of all we need to register the passport at the National Direction of Migration before and filling the visa application. This process is known in Spanish as "filiación" (basically - signing up). We always sent our assistant with our clients to the Immigration Department to do this. This can be done in about 2 hours as long as the client arrives early in the morning.

Documents required, for the registration:

Original Passport

Copy of the front page of the passport (the page that has the photo, general details, and signature)

Fill in the immigration form (we will assist with this)

Two (2) passport sized photos.

Types of Visa:

MACRO BUSINESS INVESTOR VISA:

Who can apply for this visa?

All the persons who could do an investment on a Panamanian company of a minimum amount of US$160.000.00 and the petitioner should be director and shareholder of the company. If the petitioner does no fulfill this requirement, the visa will be cancelled.

The company should have a payroll of 5 Panamanian employees per each petitioner, working full time and the salary can't be under the minimum salary established by law.

The company and all the workers should be registered in the Social Security.

Dependant allowed?

Yes, only husband, wife or children under 18 years or 25 if they are students. For each dependant should demonstrate a solvency of and additional sum of $2.000.00

This visa will give you a temporary residence for 2 years and after you can apply for the permanent residence. After 5 years with the permanent residence, nationality can be applied.

VISA TO RETIREMENT PENSION APPLICANTS

Who can apply for this visa?

This visa may be requested by foreigners who receive a retirement pension from the foreign government, international organization or private company, who come to Panama with a view to residing here and have sufficient means to cover all their expenses, as well as those of their dependents.

The monthly income or pension can be no less than One Thousand Dollars (US$1,000.00) per month and must be "for life". Where the applicant can prove that they have purchased a property in their personal name in Panama for at least One Hundred Thousand Dollars (US$100,000.00), then the pension may be for Seven Hundred and Fifty Dollars (US$750.00).

This visa will give you, immediately, the permanent residence. After 5 years with the...

To continue reading

Request your trial