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Visas for Relocating to Panama - permanent residency and temporary residencyThe Temporary Visitor Visa is granted to those foreigners entering to Panama with a specific purpose allowed in any of these categories. The length of these Visas varies from 180 days to 1 year extendable to a maximum of 5 years, according to the type of Visa granted. A Special Temporary Visitor Visa is granted to Executives of foreign companies who earn a minimum monthly salary of US$1,000.00 per month. There are also special visas for pensioners or persons with their own source of income who wish to have Permanent Residency in Panama, but without being immigrants and entitled to apply for future naturalisation and citizenship. Law No. 9 of 1987 established two types of special visas for retired or pensioned individuals: Income Earner Retiree Visa (which we have labeled as the Retired Investor visa with the right to a 2nd Passport) and the Tourist Pensioner Visa. For the requirements for the Pensionado Visa, please visit this page: Panama Pensioner Visa - Requirements to apply for Pensionado Status. You should also see the Changes to the Retirement Age for Pensioner Visas. As of April 27, 2006, the Immigration Department has reintroduced the Reforestation Visa, with a $40,000 investment (micro investor) and $80,000 investment (macro investor). All persons who wish to stay in Panama should Register at Immigration. All residents of Panama (whether with temporary cards or permanent residents) must have a Multiple Entry/Exit Permit in order to leave or enter the country. *** NOTE - when you apply for residency, of any type, you should actually be physically present in Panama. The residency application process is not something which may simply be done in advance from overseas before you actually move here. You would not expect to be able to apply to emigrate to England or the US without being physically present, so please understand that Panama does not allow it either. This does not meant that you cannot leave the country during this time, you simply need to ask what the requirements are to be out of the country should you need to go back overseas during this process.***
Last modified 26-Sep-2007 17:37 -0400
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Copyright - Disclaimers - Privacy Statement Copyright © 2000 - 2007, Beth Anne Gray J. For questions or comments, please write to the webmaster Last modified 26-Sep-2007 17:37 -0400 |
