>As Panama is an attractive destination to establish either as a temporary resident or as a permanent resident, it has become the preferred destination for Remote Digital workers and entrepreneurs who can carry out their economic activities from anywhere in the world.
After the pandemic our way of doing work changed drastically and we discovered that we can do it from anywhere on the planet and that is why the government of Panama created decree No. 198 of March 7, 2021 that «Creates the Short stay visa as a remote worker.
This Visa or permit has a duration of 9 months and an extension or extension can be requested, for 9 more successive months.
Remote Work in Panama – Quick Overview
Visa:
- Short-Stay Remote Work Visa (Decree No. 198, 2021)
- Valid for 9 months, extendable once for another 9 months
Benefits:
- No local tax on foreign income
- Uses the U.S. dollar
- Modern internet, healthcare, and banking
- Central location between North & South America
- Natural beauty: beaches, jungles, mountains
- Simple application process
Downsides:
- Bureaucracy and paperwork delays
- Spanish needed outside main cities
- Panama City can be pricey
- Humid, tropical climate
- Limited healthcare in rural areas
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Hosted By Fiannah Marie
Hi, I’m Fiannah from the Philippines. I work as a visa advisor and marketing coordinator at fulltimedigitalnomads.com. I'm passionate about helping people create the freedom to live their best life.
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