Residency Panama : South Africans
Panama is one of the easiest and most affordable countries to get into and gain permanent residency for South Africans. With current tensions rising high and uncertain times ahead, South Africans are beginning to think of ways to secure their future and strategize their escape routes.
The Friendly Nations Visa makes it possible for South Africans, and many other expats, to live and work in Panama. By expressing financial and economic ties to Panama, your permanent residency application can be approved within 6 months- it´s simply that easy.
If you are a retiree and receiving a pension, you could qualify for the Pensionado visa which also grants you’re the right to live in Panama. However, under this visa, you cannot apply for a work permit or citizenship.
Panama is the fastest growing economy in the Americas and is a global hub attracting many international entrepreneurs eager to capitalize on these opportunities.