Panama Retirees and Pensioner Visa

About the Panama Retirees and Pensioner Visa

The Panama Retirees and Pensioners Visa was created back in the eighties, to promote the residential tourism in the country, which got its peak in the last decade, keeping up to the present.

Under this residence program, the applicant is only required to present evidence of a monthly income and for life, of at least US$1,000.00 per month, or its equivalent if in another currency.

The referred income must be in the form of a pension or retirement, from a government agency or from an authorized and regulated retirement agency or private company, for which additional documentation shall be required.

Requirements

The general requirements to apply for the Retirees and Pensioners’ Visa are:

Five (5) photos
Passport
Letter of retirement, from government office, stating the monthly income for life
Federal criminal record
Good health certificate issued in Panama
Sworn declaration form, fully answered and signed
Prove of domicile in Panama, through the utility bill and rental agreement, or letter from a hotel

If the applicant is applying with his or her spouse, an additional US $250.00 in the monthly income are required. The spouse must also present all requirements above, but the income letter. Joint income is also allowed, in which case both spouses must present their income letters.

Additionally, the Marriage Certificate (valid only for 6 months) must also be added to the application.

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

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

Do you intend to apply for residence in Panama? Contact Us today!