Panama

Rentista Retirado Visa

Panama’s Rentista Retirado visa grants 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.

 

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Program at a glance

Program TypeIndependent Means Visa
Time to citizenship5 years
Time to permanent residencyImmediately upon approval if income requirement met
Minimum investmentNone. Proof of US$1,000 monthly income
Physical presence requirementAt least one visit a year
Application processing time2-3 months
Citizenship grants visa-free travel to141 destinations, including Schengen countries
Contribution types availableNo contribution required

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Recent stories about this destination

Explore Programs

Direct Citizenship Programs

Programs that offer citizenship within months in exchange for investments or donations, with minor/no physical presence requirements.

Semi-Direct Citizenship Programs

Programs that offer citizenship in exchange for investments following a 1-2 year period, with minor/no physical presence requirements.

Independent Means Visas

Programs that offer residence permits within months to those who can demonstrate income or personal wealth above a certain level, usually requiring that the holder not take up employment locally.

Active Investor Visas

Programs that offer residence permits within months to those who physically relocate to start and/or run a business. Startup and entrepreneur visas fall under this category.

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