Unlocking Residency with the Panama Friendly Nations Visa: A Complete Guide

If you’re thinking of buying Panama real estate to ultimately migrate to the country, it’s important to take the time to learn about solutions that will make the process easier. One of these is the Panama Friendly Nations Visa. This immigration program allows citizens of select countries to apply for permanent residency if they are from countries with economic or professional ties to the country. If you’re eligible, you will also have the right to get the Cedula (Panamanian ID) and request a work permit.

At Panama Centro Realty, we’re all about helping you find the perfect property to buy or rent in Panama. We also want to support your plans to unlock residency in the country. Keep reading as we share the things you must know about this special immigration program. 

A two-year pathway to residency

The program offers a two-year provisional residency. After completing this period, you can apply for permanent residency, provided you meet the necessary requirements. 

Family Inclusion

You can include eligible dependents in your application, such as your spouse, children under 25, and your parents.

Work in Panama

The Panama Friendly Nations Visa can provide an indefinite work permit, enabling you to pursue employment opportunities within the country. However, this benefit is specifically available to naturalized Panamanian citizens who have resided in the country for a minimum of 10 years after obtaining their initial provisional residency.

Eligible countries

Most people can purchase Panama real estate, but you must be from a specific country to be eligible for the Panama Friendly Nations Visa. These countries include the United States, the UK, Australia, South Korea, Japan, France, Switzerland, Spain, and Germany. If you’re unsure, contact us here at Panama Centro Realty so we can check.

Prove economic ties

You can prove your economic ties with Panama by providing an employment contract from a local company. It should include the Business License and the Certificate of Public Registry. Additionally, you need proof of Panama real estate ownership, ensuring the property’s registered value is at least USD 200,000. Be sure to have a certificate of deposit of a minimum of $200,000 with a local bank, too.

Ready to buy property in Panama?

Start your search here! You may also call +507 2276645 if you have any questions.


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