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PANAMA FRIENDLY NATIONS VISA

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Program overview

**Please note the Panama Friendly Nations Visa program has changed as of August 7, 2021. This page has been updated to reflect the new program requirements and process.**

By Executive Decree 343 of May 16, 2012, the migratory subcategory of Permanent Residency for Friendly Nations was created, by virtue of which citizens of specific countries, with economic or professional ties with Panama, may apply for residency.

This decree was modified by Executive Decree 197 of May 7, 2021, and also by Executive Decree 226 of July 20, 2021.

Andorra Argentina Australia
Austria Belgium Brazil
Canada Chile Costa Rica
Croatia Cyprus Czech Republic
Denmark Estonia Finland
France Germany Great Britain
Greece Hong Kong Hungary
Ireland Israel Japan
Latvia Liechtenstein Lithuania
Luxemburg Malta Monaco
Montenegro Netherlands New Zealand
Norway Poland Portugal
San Marino Serbia Singapore
Slovakia South Africa South Korea
Spain Sweden Switzerland
United States of America Uruguay Peru
Mexico Paraguay
Andorra Argentina Australia Austria
Belgium Brazil Canada Chile
Costa Rica Croatia Cyprus Czech Republic
Denmark Estonia Finland France
Germany Great Britain Greece Hong Kong
Hungary Ireland Israel Japan
Latvia Liechtenstein Lithuania Luxemburg
Malta Monaco Montenegro Netherlands
New Zealand Norway Poland Portugal
San Marino Serbia Singapore Slovakia
South Africa South Korea Spain Sweden
Switzerland United States of America Uruguay Peru
Mexico Paraguay

General process and timeframe

The process begins with filing the initial application with the immigration office for a temporary residency permit. It usually takes 6 months (sometimes less) to resolve the initial application and then issue a provisional residency permit.

Once the provisional residency permit is issued, it is valid for 2 years, during which the applicant must maintain the requirements mentioned below.

After two years, the holder may apply for permanent residency. This may also take 6 months (sometimes less). Once the application is approved, the provisional residency permit is replaced by a permanent residency permit.


Provisional residency

This immigration program first grants a provisional residency permit, for 2 years, before applying for and obtaining a permanent residency permit. In general, it takes three years to obtain permanent residency.

Provisional residency quote

The requirements to obtain Provisional Residency are as follow:

  • Five passport size photos.
  • Passport and second id, such as driver’s license or state ID.
  • In terms of economic capacity, one of the following:
    • Employment contract in Panama: requires an employment contract between the applicant and a Panamanian company.
    • Real Estate Ownership: Requires the applicant to own a Panamanian property with a registered value of at least USD $200,000, which can be financed with a local institution.
    • Certificate of Deposit: Deposit of at least USD $200,000 in a national bank in Panama. This must include title, value, term, and must be free of encumbrances with a minimum validity of 3 years.
  • Clean criminal background check from the country of citizenship, or country of residence for the last two years (in this case proof of residence permit is required). The criminal check must be national, so for the U.S. for example, it must be from the FBI.
  • USD $800.00 per certified check issued to the National Immigration Service for the repatriation fee.
  • USD $250.00 per certified check issued to the National Treasury for the application fee.
  • Health certificate issued by a local doctor within the last 90 days prior to submitting the application.
  • Sworn declaration (available in our website’s Resources)

Friendly Nations Visa
(Provisional Residency)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$1300
Total:$3200

Friendly Nations Visa (Provisional Residency)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$1300
Total:$3200

Fees Breakdown


Permanent residency

To obtain permanent residency, the applicant must have hold the provisional residency for at least 2 years. The application for permanent residency requires the same documents used to obtain provisional residency, which must be up to date. On top of that, the applicant must also submit his provisional residency.

Permanent residency quote

The requirements to obtain Permanent Residency are as follow:

  • Submission of your provisional residency.
  • Applicant must have hold the provisional residency for at least 2 years.

Friendly Nations Visa
(Permanent Residency)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$1100
Total:$2300

Friendly Nations Visa (Permanent Residency)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$1100
Total:$2300

Fees Breakdown


Friendly nations visa packages

Given the previous changes made to the visa, the options to apply to this program require more attention and organization to fulfill the eligibility requirements.

The Kraemer & Kraemer team has put together three different packages that applicants can choose to qualify and apply to this immigration program. These options only include provisional residency, since applicants must wait two years before applying for permanent residency.

What’s included?

  • Cost of provisional residency for all applicants of the Friendly Nations Visa.
  • Cost of IBC with Nominees.
  • Cost of Business License.
  • Cost of Annual Fees for 3 years includes:
    • Nominees $900 ($300 per year)
    • Annual Government Fees $900 ($300 per year).
    • Resident Agent $900 ($300 per year).
    • Zero-Income Tax Return $600 ($200 per year).
    • Cost of Work Contract for the Main Applicant.
    • Cost of Work Permit for the Main Applicant.
    • Cost of bank assistance per dependent USD $400

Add to your order

Friendly Nations Visa
Package 1 (Work Contract)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$7900
Total:$9800

Friendly nations visa package 1 (Work Contract)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$7900
Total:$9800

Fees Breakdown

What’s included?

  • Cost of provisional residency for all applicants of the Friendly Nations Visa
  • Cost of Legal Assistance for Property under $2,000

Additionally, the cost of Notary, Public Registry, and Transfer Tax is not included yet. The Kraemer & Kraemer team will notify you of the amount due when the application is already in progress.


Add to your order

Friendly Nations Visa
Package 2 (Real Estate)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$2300
Total:$5200

Friendly Nations Visa Package 2 (Real Estate)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$2300
Total:$5200

Fees Breakdown

What’s included?

  • Cost of provisional residency for all applicants of the Friendly Nations Visa
  • Cost of Bank Account Opening Assistance (Remote) and Certified Deposit (only with selected banking institutions)

Add to your order

Friendly Nations Visa
Package 3 (Certificate of Deposit)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$1900
Total:$3800

Friendly Nations Visa Package 3 (Certificate of Deposit)

Main Applicant Included.
Select Dependents:

Under 12 y/o
12+ years old

To Pay Now:$1900
Total:$3800

Fees Breakdown


Other important details

Including dependents

If the applicant wants to include his/her spouse, a marriage certificate (valid for 6 months only) and all the requirements listed above must be presented.

Likewise, if the application includes dependent children, you must include the birth certificate for each of them.

Important remarks

All documents originating abroad must be apostilled (at the Secretary of State) or authenticated at the Panamanian Consulate in your country.

If you have further questions, please check our Frequently Asked Questions.

Contact us

Contact us today if you intend to apply for permanent residency in Panama with the Friendly Nations Visa Program.


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