Executive Decree 416 about the Panama Friendly Nations Visa

Published: August 30, 2018
Category: Laws on Immigration
Author: Johana Sum

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Executive Decree 416 of June 13th, 2012 creates within the migratory category, a subcategory that allows permanent residency to foreigners from countries that maintain friendly, economic, professional, and investment relations with Panama.

To prove economic or professional ties, one of the following ways may be chosen:

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  • Possessing a property in Panama
  • Owning a Panamanian corporation
  • Having been hired by a Panamanian company

To see the full list of countries that qualify for this visa and the requirements to apply visit here.




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Contributing to this Article

General Manager
Johana Sum

Lic. Johana Sum is a seasoned professional with a wealth of experience in the fields of business management, customer service, human resources and marketing.

Managing Partner
Marcos Kraemer

Lic. Marcos Kraemer, a lawyer registered with the Supreme Court of Justice of Panama, a member of various international legal associations, and founder of the Panamanian Immigration Law Association.