Friendly Nations Visa Panama

 

"Residents of the 50 countries recognized as Panamás 'friendly nations' can relocate here with their immediate families and obtain a permanent residency visa. To be eligible, they can either purchase property in Panama valued at US$200,000 or secure employment with a Panamanian company."

An Overview
Friendly Nations Visa of Panama emerged over a decade ago with the purpose of drawing foreign investment to the nation. As of 2023, its relevance stands undisputed, featuring over 50 eligible countries.

This immigration scheme begins by offering a temporary residence for two years. Subsequent to this duration, aspirants are required to undergo a renewal process to secure a permanent residence status, potentially leading to naturalization.

Benefits of Acquiring the Panama Friendly Nations Visa:

• Family members like a spouse, elderly parents, and offspring below 25 can also avail of this visa.
• Renewal processes are eliminated.
• An identity card as a foreign resident is granted.
• The investment threshold is significantly lower compared to other visa categories.
• The approval timeframe is relatively faster.
• It offers flexibility for visa holders in conducting business, allowing them to operate as an employer, investor, or shareholder.

Criteria for Panama Friendly Nations Visa Application:

• A valid passport with a minimum validity of six months.
• Eight passport-sized photographs (2x2 inches).
• An authenticated police clearance report.
• Financial stability evidenced by:

1. Employment offer from a Panamanian entity,

2. Property purchase of at least USD $200,000.00, or

3. A three-year fixed deposit of at least USD $200,000.00 in a bank in Panama.

• A recent health certificate from a certified Panamanian doctor.
• Legal representation authorization.
• A check of USD $800.00 for the National Migration Service for repatriation costs.
• A check of USD $250.00 for the National Treasury for application charges.
• A sworn affidavit.

Countries Qualified for the Panama Friendly Nations Visa:

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

You can reach immigration services at:

 

Friendly Nations Visa Panama

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