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Wisely Plan Your Stay In The City What you need to know about Panama Visas

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You may desire to visit Panama for variable reasons. For this you may need to possess an applicable passport and a Panama visa. There may be several reasons for you to live in Panama and according to those, Panama visa can be broadly grouped under five headings:

Temporary Residence Visa
Investors’ Visa
Tourist Visa
Immigrant Visa
Retirement Visa

Temporary Resident Visas

Visitors entering the national territory with the purpose of fulfilling their following requirements are issued Temporary Resident Visas:

For visiting relatives: If you are a foreign national visiting, rather residing in Panama for some time because your spouse or blood relatives (in first degree or collateral blood related relatives in second degree) is/are Panama resident(s), you will need to have a Temporary Resident Visa.

For medical treatment: You will receive a Temporary Resident Visa if you (as a foreign national) plan to be treated in a clinic or hospital during your visit in Panama. This visa is issued for a primary period of three months, which will further be extended as per your necessity. However, you will have to be accompanied by some family-member (who will also be issued a Panama Visa).

To Study: A temporary resident visa allows you to visit Panama with the intention of studying in Panama. The permit is issued for one year, but is significantly extendible.

Special temporary resident visas are issued to foreign technicians and executives functioning with International firms in service in Panama. This Panama Visa usually gives a foreign national the right of temporary residence for one year. Panama Visa issued to the technician can be renewed for following periods of one year each time to a maximum of 5 years. Panama Visa issued to Executives can also be renewed. There is however, no limit to visa extension in the law.

Special Temporary Resident Visas are also granted to farmers (foreigners) for farming within Panama’s borders, but it has to be approved by the Ministry of Agricultural Development. The visa is issued for one year; the validity, however, is extendible for periods of two years, up to a maximum of five years while you live in Panama.

Investors’ Visa (or Business Visas)

Then there is the Panama Visa for outsiders who are interested in investing in Panama. Forestry Investor Visa (a long-term investment on reforestation) and the Small Business Investor Visa are two important Investors’ Visas. Adherence to essential Panama Laws is basic to qualifying for the Panama Visa.

Visa for Tourist or Traveler who come to visit Panama

Every visitor entering the Panamanian territory is required, by rule, to carry a tourist visa or tourist card unless you are a citizen of any of these countries – Austria, Costa Rica, Denmark, Federal Republic of Germany, Finland, Great Britain, Honduras, Norway, Spain, Switzerland and Sweden. Available at the Panamanian consuls abroad, Panama Visa for tourists grant them the permission to live in Panama for 30 days. A Tourist Visa can be renewed for an bonus two months.

Immigrant Visas

Immigrant Visas grant Panamanian nationality to foreigners in two definite situations:

Provided you have a Panamanian as your other half or
You make a minimum wealth investment of US$ 40000 when you visit Panama.

Retirement Visas (Pensionado)

The City announces some advantageous Retirement Visas for retired foreign nationals who live in Panama. These include the Pensioners’ Visa and the Private Income Retiree Visa. The former is a Panama Visa for retired people who receive a pension from a Government entity or private corporation. The latter, on the other hand, is issued to retired people who do not receive any preset pension, instead have to depend on their personal assets.

Do you want necessary exemption from tax and duty? Then it is time you should opt for Panama Visa for foreigners (especially some Temporary Resident Visas, Investors’ Visas, Retirement Visas as well as Immigrant Visas).

See the link below for your special discount pricing for obtaining Panama retirement visas, or for any other legal services. Or contact us for more information.

 

 

 

 

 

 

For more information about real estate
and investment services in Panama property,
please visit www.abpanama.com


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