IMMIGRATION VISAS

While there are several ways to immigrate to Panama, the most popular instruments are the Retiree and Investors Visas. A meeting with our Legal Department will determine which visa is most favorable to you. Panama All In One, Inc. bilingual Legal Department works diligently to acquire your visa as soon as possible, with or without your presence in Panama. Please note that once the visa is awarded, you must personally meet with Immigration, accompanied by a bilingual member of our legal staff, to receive your residence card.

Retiree Visa:
This visa is designed for persons with a minimum $500 government or private pension ($600 per couple, plus $100 per additional dependent).

It is granted indefinitely and includes benefits such as a one-time exemption of duties for the importation of household goods (up to $10,000) and a tax-exempt automobile every two years. This visa doesn’t allow you to qualify for Panamanian citizenship.

Requirements:

1. Valid Passport (at least one year prior to expiration) and 6 passport-size photos.

2. Duly authenticated original letter or certification from your pension provider, stating entitlement to a pension of more than $500 and at least an additional $100 for each dependent moving to Panama with you.

3. Duly authenticated certificate of Good Standing issued by the Registrar of Companies, if the pension is from a private corporation.

4. Duly authenticated Police Record from your place of residence for the past five years.

5. Duly authenticated Marriage Certificate (if your spouse is to be included as a dependent in your visa).

PRIVATE INCOME RETIREE VISA:

This visa is for individuals who do not receive a pension but are no longer working and have received a retirement lump sum payment to be deposited on a 5-year Certificate of Deposit with Banco Nacional de Panama, yielding at least $750 a month (at current interest rates this CD would be approximately +$200,000).

The visa is renewable every five years as long as the Certificate of Deposit is also renewed for the same period.

The Private Income Retiree Visa includes such benefits as a traveling Panama passport (which does not grant citizenship), a one-time exemption of duties for the importation of household goods (up to $10,000) and a tax-exempt automobile every two years.

Requirements:

Valid Passport (at least one year prior to expiration) and six passport size photos.

Duly authenticated Police Record from your place of residence for the past five years.

Duly authenticated Marriage Certificate (if your spouse is to be included as a dependent in your visa).

Availability of sufficient funds to open a 5-year Certificate of Deposit at Banco Nacional de Panama, yielding at least $750 per month.

PERSON OF MEANS VISA:

Designed for those who wish to live in Panama, who are not being employed or starting a business, but living from their own income.

This person must open a one-year certificate of deposit in any local bank with a minimum of $100,000. The Person of Means visa will be issued for a one-year period. Upon applying for its renewal, the certificate of deposit must also be renewed for an additional year.

It is granted provisionally for one year and after renewal it is granted permanently with the right to a Cedula (local identity card) issuance.

Five years after obtaining the permanent visa, holders will be eligible to apply for Panamanian citizenship.

Requirements:

Valid Passport (at least one year prior to expiration) and six passport size photos.

Duly authenticated Police Record from your place of residence for the past five years.

Duly authenticated Marriage Certificate (if your spouse is to be included as a dependent in your visa).

Availability of $100,000 to open a 2-year Certificate of Deposit in any bank in Panama.

INVESTORS VISA:

Designed for those who wish to establish a business in Panama (retail businesses and some professions are reserved to Panamanians).

There must be a minimum investment of $100,000 and a minimum of three (3) permanent Panamanian employees hired.

It is granted provisionally for one year and after renewal it is granted permanently with the right to a Cedula (local identity card) issuance.

Five years after obtaining the permanent visa, holders will be eligible to apply for Panamanian citizenship.

Requirements:

Valid Passport (at least one year prior to expiration) and six passport size photos.

Duly authenticated Police Record from your place of residence for the past five years.

Duly authenticated Marriage Certificate (if your spouse is to be included as a dependent in your visa).

Availability of $100,000 to invest in a company.

This visa requires setting up a corporation and obtaining a business license.


SMALL BUSINESS INVESTOR VISA:

Designed for those who wish to establish a small business in Panama (retail businesses and some professions are reserved to Panamanians).

There must be a minimum investment of $40,000 and minimum of three (3) permanent Panamanian employees hired.

It is granted provisionally for one year, and needs to be renewed three more times before it is granted permanently with the right to a Cedula (local identity card) issuance.

Five years after obtaining the permanent visa, holders will be eligible to obtain Panamanian citizenship.

Requirements:

Valid Passport (at least one year prior to expiration) and six passport size photos.

Duly authenticated Police Record from your place of residence for the past five years.

Duly authenticated Marriage Certificate (if your spouse is to be included as a dependent in your visa).

Availability of $40,000 to invest in a company.

This visa requires setting up a corporation and obtaining a business license.

General Provisions:

· All visa applications must be made through Panama All In One, Inc. Legal Department or a Panamanian lawyer.

· There is no age limit or maximum age required for applying for any of these visas, except for the minimum legal age of 18. Children under 18 will qualify for a visa as dependents.

· All overseas documents to be presented to the authorities in Panama must be authenticated by a Notary and by the Panamanian Consulate nearest you, or by a Notary and the Apostille. The Apostille (The Hague Convention of 1961) is a faster way of authenticating documents and is normally obtained through the Secretary of State in your home state, in the U.S. The Apostille is not available in Canada.

· All documents must be recent (within 2 months of the visa application) and passports must be valid for at least an additional year.

· Marriage certificates are not valid after two months of issuance. If your children (under 18) are to be covered by your visa, Birth Certificates (not the original ones) are required.

· These visas do not grant work permits.

· All visa applications require that applicants and their dependents obtain a health certificate and HIV test in Panama. For further information, please contact our Legal Department at info@panamaallinone.com

REFORESTATION VISA

Designed for those who wish to invest in reforestation in Panama, obtain a profitable return from timber (6-11% I.R.R), compensate for their lifelong C02 emissions, contribute to social and environmental development in the tropics, and obtain permanent residency in Panama.

A minimum investment of $40,000 in a reforestation project must be made to be eligible.

Upon investing, residency is granted provisionally for one year, and needs to be renewed three more times before permanent residency is granted with the right to a Cedula (local identification card) issuance.

Five years after obtaining the permanent visa, holders will be eligible to obtain Panamanian citizenship.

*** A fast track option is also available with an investment of $80,000 in a reforestation project. By choosing this option, qualifying reforestation visa investors obtain temporary residency for one year, after which they can apply to obtain permanent residency in Panama. 

Requirements

  1. Certificate of good health issued no longer than three months prior to application.
  2. Certified or Cashier’s Check issued in the name of Tesoro Nacional, for the sum of US$100.00.
  3. Certified or Cashier’s Check issued in the name of “Ministerio de Gobierno y Justicia”, for the sum of US$500.00.
  4. Criminal Record issued in the country of origin. (Only necessary when the applicant’s continuous residence in Panama is under 2 years).
  5. Two recent passport size photographs.
  6. Original passport with a minimum validity of six months, and copy of all the stamped pages.
  7. Good Standing Certificate issued by the Public Registry, crediting the Corporation’s Name, Officer’s Position, and the company’s capital (minimum US$40,000.00), Legal Representative, and General Power of Attorney, if applicable.
  8. Certification of the secretary or treasurer of the company, that accredits that the share certificates were issued in favor of the interested party and that the same are found freed and paid (The shares must be for the minimum value of U.S. $40,000.00).  This document must be certified by a Notary Public and shall not be signed by the applicant.
  9. Certification of Authorized Public Accountant of the company, stating a detail of the total amount invested directly by the applicant in the reforestation activity, and that the capital belongs to the investor.  The Accountant shall enclose copy of his Identification Card and Professional License.
  10. Photocopy of the share(s) certificate(s) issued in favor of the applicant.
  11. In the case of a recently incorporated company, an authenticated photocopy of proof of payment of the Annual Filing Fee and R.U.C. (Tax payers registry form).
  12. Certified photocopy of the Resolution issued by ANAM (National Environment Authority), in which it is resolved to register the Corporation or the applicant in the Forestry Registry.
  13. Proof of direct investment in reforestation activities for a minimum of USD$40,000.00 (At least three of the following documents):
  • Photocopy of the deposit slip issued by the bank in favor of the investment made by the company and authenticated by the bank.
  • Purchase of the Reforestation parcel.
  • Customs Settlement of items imported in the name of the company or in the name of the applicant.
  • Any other document that can prove the invested capital of the company.