Panama Friendly Nations Visa
The Friendly Nations Visa is one of the most well-known and sought-after visas in Panama. With it, nationals from countries included on the list can obtain indefinite residence by complying with the legal requirements and procedures. Our firm’s attorneys can guide you if you intend to apply for the Friendly Nations program.
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What is the Panama Friendly Nations Visa?
The Friendly Nations Visa was an initiative launched over 10 years ago to encourage the arrival of foreign capital in Panama. It was so well-received that in 2023 it remains more relevant than ever, with a list of 50 qualified countries.
This migration program first grants a provisional residence permit for a period of 2 years. After this time, the applicant must renew their process to finally obtain a permanent residence permit, as well as a possible future naturalization.
Advantages of the Panama Friendly Nations Visa
- This type of visa can be extended to the dependents of the foreign applicant (spouse, parents, and children under 25 years old).
- No need for renewals.
- Allows you to obtain an identity card as a resident foreigner.
- The required investment is much lower than the rest of the visas in the country.
- The process takes place in a shorter period of time.
- The applicant will not have limitations regarding the performance of commercial activities, so they can establish companies and businesses serving as an employer, shareholder, or investor.
Learn more in a 1-minute video.
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Requirements for the Panama Friendly Nations Visa
These are the general requirements for applying for a Friendly Nations Visa:
- Valid passport (with an expiration date not less than 6 months).
- 8 "passport type" photographs, size 2x2.
- Valid police clearance certificate (duly apostilled or authenticated).
- Demonstrated economic solvency in the following ways: 1. Job offer from a Panamanian company, 2. Acquisition of a property with a minimum value of USD $200,000.00, 3. Investment of USD $200,000.00 or more in a fixed deposit for three years in a Panamanian bank.
- Recent health certificate issued by a qualified (Panamanian) physician.
- Power of attorney.
- Certified check for USD $800.00 issued in the name of the National Migration Service for repatriation fee.
- Certified check for USD $250.00 issued in the name of the National Treasury for application fee.
- Sworn declaration.
Eligible Countries for the Panama Friendly Nations Visa:
| Andorra | Greece | Paraguay |
|---|---|---|
| Argentina | Hong Kong | Poland |
| Australia | Hungary | Portugal |
| Austria | Ireland | Peru |
| Belgium | Israel | San Marino |
| Brazil | Japan | Serbia |
| Canada | Latvia | Singapore |
| Chile | Liechtenstein | Slovakia |
| Costa Rica | Lithuania | Spain |
| Croatia | Luxembourg | South Africa |
| Cyprus | Malta | South Korea |
| Czech Republic | Mexico | Sweden |
| Denmark | Monaco | Switzerland |
| Estonia | Montenegro | United Kingdom |
| Finland | Netherlands | United States |
| France | New Zealand | Uruguay |
| Germany | Norway |
Meet our specialized team
Emilio Cornejo
Heriberto Estribi
Miguel Dominguez
Adriano Castillo
Why Consult with PGS Attorneys?
(Panama Global Solutions)
Panama Global Solutions is a Top International Immigration Law Firm
Attorney Emilio Cornejo has received Immigration Awards
as BEST IMMIGRATION LAWYER 2022
Receive a free 30-minute consultation.
Speak with a Panamanian Immigration Lawyer
Let us help you clarify all your questions and doubts about migrating to Panama.
Our calls are conducted via Zoom meetings.
Frequently Asked Questions About the Friendly Nations Visa
How long can I stay in Panama with the Friendly Nations Visa?
As mentioned at the beginning, the first visa is provisional and has a duration of 2 years. After this time, the next renewal will allow you to obtain the permanent visa that guarantees indefinite residence in the country.
Can I work in Panama with the Friendly Nations Visa?
The residence permit through the Friendly Nations Visa entitles you to obtain a work permit. Therefore, you must start the process with MITRADEL, fully complying with the relevant documentation. However, we recommend that you take your precautions as this process may take up to 6 months in total.
Can I extend my stay in Panama with the Friendly Nations Visa?
The Friendly Nations Visa is indefinite and, therefore, you can legally remain in the country as long as you wish.
