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Tourist or retiree – what you need to know about Panama Visas

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If you plan to visit Panama, you must make sure to hold a legitimate passport and a Panama visa. Panama visa are specifically of five different types.

Temporary Residence Visas
Investors’ Visas
Retirement Visas / Pensionado
Tourist Visas
Immigrant Visas

Tourist or Traveler Visas

Every visitor entering the Panamanian territory is required, by rule, to carry a tourist visa or tourist card unless you are a citizen of any of these countries – Austria, Costa Rica, Denmark, Federal Republic of Germany, Finland, Great Britain, Honduras, Norway, Spain, Switzerland and Sweden. Available at the Panamanian consuls abroad, Panama Visa for tourists grant them the permission to remain in Panama for 30 days. A Tourist Visa can be renewed for an additional two months.

Temporary Resident Visas

Visitors who desire to live in Panama with the intent of satisfying their following needs are provided with Temporary Resident Visas:

For medical treatment: If you are sick and you plan to visit Panama for medical reasons you will be issued a Temporary Resident to be treated in a clinic or hospital in Panama. This visa is issued for an preliminary period of three months, which will further be extended as per your requirement. However, you will have to be accompanied by some family-members (who will also be issued a Panama Visa).

For visiting relatives: If you are a foreign national and have come to visit Panama for short periods because your partner or blood relatives (in first degree or collateral blood related relatives in second degree) is/are Panama resident(s), you will require to hold a Temporary Resident Visa.

To Study: With a temporary resident visa you can decide to live in Panama for further education. The permit is issued for one year, but is essentially extendible.

Particular temporary resident visas are given to those foreign technicians and executives working with International firms operating in Panama. This Panama Visa usually gives a foreign national the right to stay in the city for a single year. Panama Visa issued to the technician can be renewed for successive periods of one year each time to a maximum of 5 years. Panama Visa issued to Executives can also be renewed, however, the Law does permit an extension to Visas.

Special Temporary Resident Visas are also granted to farmers (foreigners) for farming within Panama’s borders, but then aforementioned approval from the Ministry of Agricultural Development is a pre-condition for the issuance of this visa. The visa is issued for one year; the validity, however, is extendible for periods of two years, up to a maximum of five years.

Retirement Visas

Panama has announced some beneficial Retirement Visas for retired foreign nationals living in Panama. These include the Pensioners’ Visa and the Private Income Retiree Visa. The former is a Panama Visa for retired people who receive a pension from a Government entity or private corporation. The latter, on the other hand, is issued to retired people who do not receive any fixed pension, instead live on private savings.

Immigrant Visas

Immigrant Visas grant Panamanian nationality to foreigners who visit Panama in two specific situations:

Provided you have a Panamanian as a spouse or
You make a minimum capital investment of US$ 40000 in Panama.

Investors’ Visa (or Business Visas)

Then there are Panama Visa for outsiders interested in investing in Panama. Forestry Investor Visa (a long-term investment on reforestation) and the Small Business Investor Visa are two vital Investors’ Visas. Obedience to the Panama Laws is basic to qualifying for this Panama Visa.

Panama Visa for foreigners (especially some Temporary Resident Visas, Investors’ Visas, Retirement Visas as well as Immigrant Visas) has great significance because they enhance your eligibility for tax and duty exclusions.

We can arrange to obtain your Panama visas for as little as $900 - eg a pensionado or retirement visa for Panama. Contact us for more information.

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