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PanamaResidency

Panama Friendly Nations Visa

Fast-track permanent residency for qualified nationals

  • Permanent residency with no renewal requirements
  • Maintain permanent residency with one short trip to Panama every 18 months to 2 years
  • Bring immediate family (spouse and dependents)
  • Work and business ownership rights
Processing Time
6–9 months
Economic Tie
Employment, business, or real estate
Minimum Investment
No investment required
Path to Citizenship
5 years

Have more questions? Write to hello@4corporate.com and we will be happy to assist.

Panama Residency

The process

  1. Document Preparation & Company Formation

    1–2 weeks

    Set up an employment contract, incorporate a company, or document a real-estate purchase.

  2. Trip to Panama

    7 days (recommended stay)

    Travel to Panama to file in person with attorney representation and establish presence. We recommend staying for 7 days, which gives plenty of time to open personal and corporate bank accounts with cards. 4Corporate also facilitates phone numbers and work visas.

  3. Provisional ID Issued

    During the first trip

    The provisional ID is issued during the first trip to Panama.

  4. Temporary Residency Issued

    Roughly 6 months later

    Temporary residency is issued and ready to pick up. This is the second trip to Panama.

  5. Eligible for Permanent Residency

    After 2 years of holding temporary residency

    Eligible for permanent residency after 2 years of having the temporary residency.

  6. Citizenship Eligibility

    After 5 years of permanent residency

    Eligible for citizenship after 5 years as a permanent resident.

Residency

Why Panama

Panama's Friendly Nations programme is one of the most flexible residency pathways available. It applies to 50 designated countries, including Canada, the United States, the United Kingdom, Australia and most of Europe.

Maintaining residency

Maintaining your residency is very flexible. Once you obtain permanent residency, one short trip to Panama every 18 months to 2 years maintains the status. You do not need to live in Panama year-round.

Territorial tax regime

Panama taxes income that is sourced in Panama. Income earned outside the country is generally outside that charge. How that applies to your nationality, residence and assets is confirmed in consultation; this page does not publish tax rates or treat the summary as advice.

Path to citizenship

There is a clear path to citizenship after five years of permanent residency. Naturalisation remains a separate government process and is confirmed against current Servicio Nacional de Migración and electoral-tribunal requirements in consultation.

Who Qualifies

The programme applies to nationals of 50 designated countries, including Canada, the United States, the United Kingdom, Australia and most of Europe, who establish an economic tie to Panama (employment, business ownership, or real estate). The full designated-country list is confirmed against Servicio Nacional de Migración materials in consultation.

Economic Tie Options

Applicants must demonstrate an economic tie. Decreto Ejecutivo 197 of 2021 sets three published tracks: employment with a Panamanian company, Panamanian real estate of at least USD 200,000 in the applicant's name, or a USD 200,000 fixed-term deposit in a Panamanian bank. The first stage is a two-year provisional permit, then conversion to permanent residence.

Eligibility

Who this is for

  • Friendly Nations nationals (US, UK, Canada, Germany, Australia, and 45+ others) using this as the direct residency filing
  • Entrepreneurs earning outside Panama — under territorial rules, non-Panama earnings are taxed at zero
  • Digital nomads and remote workers: Panama as a tax-friendly base, without a move to live there
  • Business owners holding a company under territorial tax, with privacy and latitude to operate
  • Families abroad who want to maintain their residency with 1 short trip every 18 months to 2 years
  • Applicants whose end point is second citizenship — eligibility after 5 years of permanent residency

The engagement

What is included

  • Consultation and a residency strategy defined for your filing
  • Document preparation, translation, and organized assembly of your file
  • Panamanian corporation formation, registered agent, and corporate compliance
  • Official government fees and application fees included in the engagement
  • Concierge support, with a local coordinator accompanying you to every appointment
  • Ongoing annual compliance and required filings
  • Dedicated client portal with all your documents and exclusive 4Corporate support

Requirements

  • Establish an economic tie: employment, Panamanian company ownership, or real estate investment
  • Clean police record
  • Health certificate and medical exam
  • Proof of economic solvency (bank reference)
  • Valid Passport for at least 6 months.

Get started

Ready to proceed?

Contact us to start this programme, or write if you have a question.

Have more questions? Write to hello@4corporate.com and we will be happy to assist.

Private consultation

Schedule an appointment with an expert

You will be taken to our booking page to pick a time yourself.

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