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GL-P-01

Glossary · Citizenship and residency programs

Panama Friendly Nations Visa - Panama, friendly nations

Panama Friendly Nations Visa — a Panama residence permit for citizens of friendly nations through economic ties or an investment.

Full glossary
Residence permitfriendly nations
USDPanama’s currency
to PRthe further path

01 / In 30 seconds

The short answer

What it is
Panama Friendly Nations Visa — a Panamanian residence permit for citizens of friendly nations
Who it is for
Citizens of countries on Panama’s list of friendly nations
Through what
Economic ties (a job, a company) or an investment
Advantage
A path to PR, the US dollar as currency, a business hub
Can you prepare
Yes: check eligibility and choose the grounds

02 / In plain words

What Panama Friendly Nations Visa means

The Panama Friendly Nations Visa is Panama’s residence permit programme for citizens of so-called “friendly nations” — states on a special list with which Panama has good relations. Their citizens have a simplified route to residence, which makes Panama one of the convenient residence options in Latin America.

The grounds for the visa are economic or professional ties with the country: employment with a Panamanian company, registering your own business, or an investment (in real estate or a bank deposit of a set amount, for example). The specific requirements have been updated, so it is important to rely on the current conditions. The residence permit extends to the family.

Panama is attractive for its use of the US dollar as the national currency, its role as a regional business and logistics hub and its territorial tax system. The programme gives a residence permit with the prospect of moving to PR and then to citizenship, subject to the conditions. We help check your eligibility for the programme, choose the grounds and obtain the status.

A case from practice

An entrepreneur from a country on the friendly nations list wants a base in Latin America. They register a business in Panama as grounds for the visa, evidence the economic tie and obtain residence permits for the family. We check the current conditions and plan the move to PR.

Who Panama’s visa suits

  • Citizens of countries friendly to Panama
  • Residence in Latin America
  • Registering a business in Panama
  • A base in a dollar economy
  • Status for the whole family
  • Path to permanent residence and citizenship

03 / What it covers

What matters about Panama’s visa

01

Who it is for

  • Friendly nations
  • A list of states
  • A simplified route
02

Grounds

  • A job with a company
  • Your own business
  • Investments
03

Advantages

  • The US dollar
  • A business hub
  • Territorial tax
04

Keep in mind

  • The conditions have been updated
  • The current rules
  • Path to permanent residence

04 / How it works

How to get a residence permit

Step 1

Checking eligibility and grounds

Step 2

Preparing documents

Step 3

Filing the application

Step 4

Review

Step 5

Residence permit and a path to PR

05 / Key facts

What you need to know

01

A visa for citizens of countries friendly to Panama

02

The grounds are economic ties or an investment

03

Panama uses the US dollar as its currency

04

A territorial tax system

05

The residence permit gives a path to PR and citizenship

Common mistakes

  • Not checking whether your country is on the list
  • Relying on the programme’s outdated requirements
  • Choosing the grounds without regard to your situation
  • Not evidencing the economic tie or investment
  • Not planning the move to PR in advance

06 / Expert advice

Anna Kovalevskaya

How to prepare in advance

For Panama’s visa it is first checked whether the applicant’s citizenship is on the list of friendly nations, then the grounds (a job, a business or an investment) are chosen under the current rules and the documents prepared. The move to PR and citizenship is planned. Then residence in a dollar economy and the region’s business hub is obtained without surprises.

What we do for you. We handle Panama’s Friendly Nations Visa end to end: we check your eligibility for the programme, choose the grounds (a job, a business or an investment) under the current rules and obtain residence permits for the family. We help you establish yourself in a dollar economy and the region’s business hub, with a path to PR and citizenship.

Anna KovalevskayaExpert in Caribbean citizenship by investment programs

07 / Questions

Frequently asked questions

Panama’s residence permit programme for citizens of “friendly nations” on a special list, who have a simplified route to residence.

Citizens of countries on the list of states friendly to Panama. The first thing we check is whether your country is on this list.

An economic or professional tie: a job with a Panamanian company, your own business or an investment (real estate, a deposit) of a set amount.

Its use of the US dollar as currency, its role as a regional business hub and its territorial tax system. The residence permit leads to PR.

Yes, the status is granted to the applicant and family members. We include the family in the process.

As a path: the residence permit gives the right to move to PR and then to naturalisation, subject to the conditions and periods of residence.

Author: Anna Kovalevskaya

Reviewed by: Sergej Evdokimov

Sources: Servicio Nacional de Migración — Panama

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Anna Kovalevskaya, lead lawyer at BRIDGES GLOBAL
Anna KovalevskayaLead lawyer, citizenship and residency, 12 years of practice