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Ask your questions live to the Kraemer & Kraemer team in this Panama Friendly Nations Visa Walk-Through. Review the process, requirements, costs and more. Learn More.
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Panama Friendly Nations Visa
The Panama Friendly Nations Visa is a special immigration program where citizens of selected countries who have professional or economic ties with Panama are eligible to apply for permanent residency, and have the right to obtain Panamanian ID (Cédula) and request a work permit indefinitely as long as they meet the requirements.
This program is one of the faster options to obtain residency in Panama.
The Panama Friendly Nations Visa applications include one main applicant and optional dependents, such as a spouse and children up to 25 years old.
Find the list of eligible countries in this dropdown
Or CLICK HERE to see the full list of countries
How much does it cost?
The Panama Friendly Nations Visa requires USD $1,050 in government fees for applicants and dependents 12 years old or more. This is split in $800 for the National Immigration Service and $250 for the National Treasury.
Government fees for dependents under 12 years old include $250 to the National Treasury. They are excluded from the fee payable to the National Immigration Service.
Besides government fees you need to consider other costs such as legal fees, multiple entry visa, opening a corporation, opening a bank account, or obtaining a work permit.
For instance, you should budget around USD $4,000 for a process that includes Permanent Residency, Multiple Entry Visa, and Opening a Corporation for one person.
In another example, a family of one main applicant, spouse, and two dependents under 12 years old should budget around USD $8,000 for a process that includes Permanent Residency, Multiple Entry Visa, and Opening a Corporation.
How to demonstrate
Professional or Economic Ties
Applicants to the Panama Friendly Nations Visa program must demonstrate ties with Panama in the form of an employment contract, ownership of a company, or real estate ownership.
Select each option below for its details
The application for Panama Friendly Nations Visa includes a main applicant and optional dependents, such as spouse or children. There are different requirements for each of them:
The application process is divided in 2 phases.
The permanent resident status does NOT entitle you to work in Panama right away; however, Panamanian law provides another process to apply for a work permit at the Ministry of Labor (Ministerio de Trabajo – MITRADEL), after the residency process is completed.
The process to obtain a Work Permit is independent from that of obtaining permanent residency, and it has a separate cost. MITRADEL usually takes 1-2 months to answer work permit applications.
Frequently Asked Questions
About Our Sponsor
Founded in July 2008, Kraemer and Kraemer is a Panamanian law firm with more than 11 years of experience. The firm helps hundreds of clients yearly with one of the most popular immigration processes, the Panama Friendly Nations Visa, as well as other processes such as the Panama Retirees and Pensioners Visa.
On top of immigration processes, Kraemer & Kraemer also provides legal services related to industries such as: Business, Tax, Real Estate, and Banking Introduction Services. The firm focus its legal practices in Panama City and David, Chiriqui.
Do you have questions? Contact Kraemer & Kraemer today.
The information in this website does not constitute legal advice and is only meant to be taken as general, non-specific and non-exhaustive information. Every situation is different. For questions, please contact us.