Panama Govt Promise Low-Presence Path to Citizenship for Investors
December 13, 2025
“We want to emulate Portugal,” says Panama vice minister promoting investor visa offering simplified route to citizenship.
Panama Rentista Retirado Visa
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Program Type:
Independent Means Visa
Processing Time:
3 months
Citizenship Timeline:
5 years
Permanent Residency Timeline:
Upon approval
Physical Presence Required:
Once a year
Citizenship Visa-Free Access:
141 countries
Minimum Contribution:
None
On This Page
Program Overview
Panama Rentista Retirado Visa
Panama’s retirement visas grant an indefinite residency permit to applicants immediately upon approval, usually within two to three months, to those who can prove a passive monthly income in excess of US$1,000 (US$750 if combined with a real estate investment).
After five years of continuous residency, the applicant is eligible to apply for Panamanian citizenship. Timeframes for naturalization are reduced for citizens of certain countries in the Ibero-American community.
Panama Rentista Retirado Visa
How to Qualify
Panama’s Retirement visa requires that the applicant demonstrate a minimum monthly income or a lower minimum monthly income if combined with a real estate investment.
Without real estate investment:
Prove a US$1,000 monthly income – and an additional US$250 per dependent – from a guaranteed source, such as a pension or annuity by a foreign government or insurance company.
With real estate investment:
Prove a US$750 monthly income – and an additional US$250 per dependent – from a guaranteed source, such as a pension or annuity by a foreign government or insurance company and a US$100,000 investment in Panamanian real estate.
Panama Rentista Retirado Visa
Salient Benefits
- No investment or donation requirement
- Path to citizenship
- Minimal physical presence requirements
- Lower cost of living
- Lower taxes
- Warm climate
- Safety and security
- Short processing time
Panama Rentista Retirado Visa
Citizenship Timeline and Requirements
After five years of continuous residency, the applicant may apply for citizenship if all financial and physical presence requirements have been met over the residency period.
The process of naturalization necessitates the involvement of a variety of public organs, such as the Ministry of Government and Justice, the Ministry of Public Services, the Electoral Tribunal, the Government Office, and the Presidency. The Panamanian President ultimately approves and signs all applications for naturalization. Prospective citizens should consult legal specialists to ensure all appropriate steps are followed.
The Panama Electoral Tribunal conduct an interview with the applicant to test his command of Spanish and knowledge of Panama’s history, geography, and civil rights. At this stage, a final application will made to the Presidency.
Panama does not technically recognize dual citizenship but does not in practice monitor whether its new citizens renounce other nationalities.
Citizens of several Latin American countries have a fast track option for citizenship through reciprocity:
- 1 year: Colombia, El Salvador
- 2 years: Argentina, Ecuador, Spain, Honduras, Mexico, Nicaragua, Peru
- 3 years: Uruguay
Browse 195 countries’ paths to citizenship in the hyper-detailed IMI Citizenship Catalog.
Panama Rentista Retirado Visa
Program Authority and Legal Basis
Applications for this program may be directed to Panama Migración.
Legislation upon which this program is based Immigration and Nationality Act (INA) Chapter 1 Article 204.
Panama Rentista Retirado Visa
IMI Pros Who Can Help You
Panama Rentista Retirado Visa
Qualifying Real Estate
As noted in the program qualifications above, an investor can qualify for this program with a local property purchase above the minimum investment threshold. View eligible properties curated by IMI and our real estate partners:
Panama Rentista Retirado Visa
Recent Stories About This Destination
Mercan Group Formalizes Partnership with the Government of Panama to Promote the Qualified Investor Program
November 3, 2025
With 35+ years of experience, Mercan Group joins forces with Panama to promote a new route for global investors seeking citizenship by investment.
Panama Investor and Independent Means Visa Approval Volume Hit All-Time Highs in 2024
February 19, 2025
Reaching figures nearly double the last all-time high, Panama shattered all previous investor visa approval volume records in 2024.
Panama Rentista Retirado Visa
Program Statistics
See more statistics on this program and others in the IMI Data Center.