At Kraemer & Kraemer law firm, we believe that the foundation of excellent legal representation lies in clear communication and trust. Every client relationship begins with a thorough understanding of your unique needs and goals.

Each of Kraemer & Kraemer’s attorneys in Panama addresses your concerns, assesses the legal landscape, and provides clear advice that empowers you to make the best decisions. With a focus on transparency and accountability, we make sure that you are kept informed every step of the way.

Here’s a concise addition highlighting Panama’s advantages and downsides:

Panama’s Benefits:

Strategic location for business and trade.
Favorable tax policies and financial incentives.
Stable economy with a strong banking sector.
High-quality healthcare and infrastructure.

ข้อเสียของปานามา:

Bureaucratic processes can be slow.
High cost of living in major cities.
Traffic congestion in urban areas.

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การกำหนดราคา

Retirees and pensioners Visa
Under this pensionado program, the applicant must present either: a. Evidence of a monthly and lifetime income of at least US $1,000.00, or its equivalent if in another currency. b. Or, monthly retirement or pension income of $750, if acquiring a property in Panama worth at least $100,000. The referred income must be a pension or retirement. It must come from a government agency, or a regulated private retirement company. With the latter, additional documentation will be required.
$ 1,900.00
Panama Reforestation Visa
Investors seeking permanent residency must make an investment of at least USD $360,000 divided as follows: USD $350,000 investment in an approved reforestation project. USD $10,000 for maintenance, and management. The process can be done in 60 to 180 days following these steps: Step 1 – Submit the residency application and let immigration review and approve the application. Step 2 – Obtain permanent residency status in 60 to 180 days.
$ 7,500.00
Panama Digital Nomad Visa
Copy of health insurance policy with coverage in Panama during your stay. If is an international policy recently issued, apostilled/ authenticated by a Panamanian Consulate in the issuing country– valid for 6 months Proof of foreign company existence in the country its registered (certificate of incumbency and good standing) recently issued, apostilled/ authenticated by a Panamanian Consulate in the issuing country– valid for 6 months Job letter signed by the legal representative stating name, id, post, job, annual income (at least $36,000.00 per year) or its equivalent in foreign currency, remote work modality and the clear statement to assume repatriation cost if necessary. recently issued, apostilled/ authenticated by a Panamanian Consulate in the issuing country– valid for 6 months
$ 1,500.00
Panama Professional Foreign Work Visa
The application process for the Panama Professional Foreign Work Visa involves submitting the required documents and meeting the eligibility criteria established by Panamanian immigration laws. Applicants must guarantee that all paperwork is properly authenticated to avoid delays. Below are the key visa requirements and considerations for those applying for this program.
Panama Qualified Investor Visa
The Panama Investor Visa, established by Executive Decree 722 on October 15, 2020, created a new category of permanent residency for economic reasons. Through this program, the applicant can become a permanent resident by making a qualified investment in Panama, including the following options: Real Estate: Invest US$300,000 (until October 2024, view related article), or US$500,000 afterwards, free of liens. The investor must hold the property for a term of 5 (five) years. Real Estate projects in pre-sale: sign a purchase and sale contract for the sum of US$500,000 or more, free of liens. Investment in the Panamanian Stock Market: Purchase securities through a qualified and licensed Panamanian brokerage firm, for US$500,000 or more, for a term of 5 (five) years. Fixed term deposit in the Banking Sector: open a time deposit of US$750,000 or more, free of liens, in a qualified Panamanian bank, for a term of 5 (five) years.
$ 16,000.00

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FAQ

How long does it take to get a residency visa in Panama?

Processing time varies by visa type, but on average it takes 2 to 4 months. Some temporary permits may be issued earlier while your permanent residency is being processed.

Do I need to live in Panama full time to keep my residency?

No. For most residency visas, you only need to visit Panama once every two years to maintain your status.

Can I work in Panama with my residency visa?

It depends on the visa type. The Friendly Nations Visa and work permit allow employment. Pensionado and some investor visas do not automatically grant work rights.