Top Four Visas for Living in Panama

Panama offers several attractive visa pathways for expats. Here's a breakdown of the four most popular options for 2026.

1. Pensionado Visa

The gold standard for retirees. Requires a lifetime pension of at least $1,000/month from a government or private source. Benefits include massive discounts on entertainment, travel, dining, utilities, and medical services. No age requirement—just proof of pension.

2. Friendly Nations Visa

Available to citizens of 50+ countries (including the US, Canada, UK, and most of Europe). Requires establishing an economic tie to Panama—either through employment, business ownership, or a bank deposit of $5,000+. Leads to permanent residency.

3. Qualified Investor Visa

For those investing $300,000+ in Panamanian real estate, a fixed-term bank deposit, or the stock market. Fast-track to permanent residency with work authorization included.

4. Self-Economic Solvency Visa

Requires a $300,000 investment in real estate (free of mortgage) or a fixed-term deposit. Ideal for those who want residency without employment ties.

Each visa has unique benefits and requirements. Contact Turnkey Panamá for a personalized assessment of which path is right for you.