---
title: "Panama Residency 2026: Visa Types, Requirements & Costs"
description: "Compare 9 Panama residency permits: Pensionado, Friendly Nations, Investor and more. Key requirements, price per applicant and the path to permanent residency."
image: https://legalsolutionspanama.com/hubfs/Banner-residencia-3480x1000.png
---

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# Panama residency permits: live, invest or retire with legal support

 Panama offers residency programs for retirees, investors, professionals, families and citizens of the 50 Friendly Nations. Compare the nine permits we handle and choose the one that fits your case.

**We'll determine your visa category during your first consultation**

You won't waste any time: we'll let you know right from the start which option is right for you and how much it costs.

**A clear process with no surprises**

We provide you with a roadmap detailing each step, document, and deadline before we begin.

**Support Until You Get Your Residency Card**

An attorney assigned to your case, available in Spanish, English, and German.

### Start your process today

One of our immigration lawyers will contact you within 24 hours to review your case and explain which residency permit suits you.

Your data is safe. By submitting this form you agree to our privacy policy.

## Find the right residency permit for you

Select the category that best fits your profile to see its requirements, price and application process.

![Investor by Own Economic Solvency](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(8).png)

### Investor by Own Economic Solvency

Minimum US$300,000 investment in real estate, a fixed-term deposit or both, with funds from abroad.Processing price **US$3,119.40**

[See the investor permit](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/) <https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/>

![Friendly Nations](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(9).png)

### Friendly Nations

Employment with a Panamanian company, or a minimum USD 200,000 investment in real estate or a fixed-term deposit.Processing price **US$2,934.90**

[See the Friendly Nations visa](https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/) <https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/>

![Retiree or Pensioner (Pensionado)](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(1).png)

### Retiree or Pensioner (Pensionado)

Lifetime pension of at least B/.1,000 per month (B/.750 if you bought property worth over B/.100,000).Processing price **US$2,424.25**

[See the Pensionado visa](https://legalsolutionspanama.com/en/residence-permits-panama/retirees-pensioners/) <https://legalsolutionspanama.com/en/residence-permits-panama/retirees-pensioners/>

![Professionals](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(2).png)

### Professionals

Degree validated in Panama and a profession not reserved for Panamanians.Processing price **US$3,828.60**

[See the professional permit](https://legalsolutionspanama.com/en/residence-permits-panama/professional/) <https://legalsolutionspanama.com/en/residence-permits-panama/professional/>

![Family Reunification](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(3).png)

### Family Reunification

Family tie recognized by immigration law (Panamanian child aged at least 5, where applicable).Processing price **US$2,955.90**

[See family reunification](https://legalsolutionspanama.com/en/residence-permits-panama/family-reunification/) <https://legalsolutionspanama.com/en/residence-permits-panama/family-reunification/>

![Education / Students](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(5).png)

### Education / Students

Admission and paid enrollment at a school recognized by the Ministry of Education.Processing price **US$1,340.70**

[See the student visa](https://legalsolutionspanama.com/en/residence-permits-panama/temporary-residence-permit-for-education-reasons-in-panama/) <https://legalsolutionspanama.com/en/residence-permits-panama/temporary-residence-permit-for-education-reasons-in-panama/>

![Multinational Company Headquarters (SEM)](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(4).png)

### Multinational Company Headquarters (SEM)

Hired by a Multinational Company Headquarters (Law 41 of 2007).Processing price **US$2,970.90**

[See the SEM visa](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-workers-multinational-companies-panama/) <https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-workers-multinational-companies-panama/>

![15% Technical](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(6).png)

### 15% Technical

A slot within 15% of specialized staff and a salary of at least B/.850 per month.Processing price **US$2,964.90**

[See the 15% category](https://legalsolutionspanama.com/en/residence-permits-panama/expert-technician-under-15/) <https://legalsolutionspanama.com/en/residence-permits-panama/expert-technician-under-15/>

![10% Foreigner](https://legalsolutionspanama.com/hubfs/Legal_Site_2026/Elements/IconCategory%20(7).png)

### 10% Foreigner

A slot within 10% of ordinary staff and a salary of at least B/.850 per month.Processing price **US$2,964.90**

[See the 10% category](https://legalsolutionspanama.com/en/residence-permits-panama/category-10-panama/) <https://legalsolutionspanama.com/en/residence-permits-panama/category-10-panama/>

Comparison

## Compare Panama residency permits

Each permit fits a different profile. This table sums up who each one is for, the requirement that matters most and the processing price for one (1) applicant. Each permit page has the full requirements and the price breakdown.

Filter by profile:

All

Retirement

Investment

Work

Family

Studies

| Permit | Who it is for | Key requirement | Processing price |
| --- | --- | --- | --- |
| [Retiree or Pensioner (Pensionado)](https://legalsolutionspanama.com/en/residence-permits-panama/retirees-pensioners/) Retirement | Retirees and pensioners of any nationality | Lifetime pension of at least B/.1,000 per month (B/.750 if you bought property worth over B/.100,000) | US$2,424.25 |
| [Friendly Nations](https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/) InvestmentWork | Citizens of Panama's 50 Friendly Nations | Employment with a Panamanian company, or a minimum USD 200,000 investment in real estate or a fixed-term deposit | US$2,934.90 |
| [Investor by Own Economic Solvency](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/) Investment | Investors of any nationality | Minimum US$300,000 investment in real estate, a fixed-term deposit or both, with funds from abroad | US$3,119.40 |
| [Professionals](https://legalsolutionspanama.com/en/residence-permits-panama/professional/) Work | Foreign professionals with a university degree | Degree validated in Panama and a profession not reserved for Panamanians | US$3,828.60 |
| [Family Reunification](https://legalsolutionspanama.com/en/residence-permits-panama/family-reunification/) Family | Spouses of Panamanians, parents of Panamanian children and dependents of residents | Family tie recognized by immigration law (Panamanian child aged at least 5, where applicable) | US$2,955.90 |
| [Education / Students](https://legalsolutionspanama.com/en/residence-permits-panama/temporary-residence-permit-for-education-reasons-in-panama/) Studies | Full-time foreign students | Admission and paid enrollment at a school recognized by the Ministry of Education | US$1,340.70 |
| [Multinational Company Headquarters (SEM)](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-workers-multinational-companies-panama/) Work | Administrative or executive staff of SEM-licensed companies | Hired by a Multinational Company Headquarters (Law 41 of 2007) | US$2,970.90 |
| [15% Technical](https://legalsolutionspanama.com/en/residence-permits-panama/expert-technician-under-15/) Work | Experts or technicians hired by a company in Panama | A slot within 15% of specialized staff and a salary of at least B/.850 per month | US$2,964.90 |
| [10% Foreigner](https://legalsolutionspanama.com/en/residence-permits-panama/category-10-panama/) Work | Foreign workers hired by a private company | A slot within 10% of ordinary staff and a salary of at least B/.850 per month | US$2,964.90 |

Published prices cover the application for one (1) applicant only. They do not include dependents or official translations, whose cost depends on the number of dependents and the number of documents or pages that need to be translated. Minimum investments and pensions are requirements of the permit and are not part of the price.

Permanent residency

## How to reach permanent residency

Several permits are first granted on a provisional basis and, once the term is completed, allow you to apply for **permanent residency**.

1. Start
   
   ### Provisional residency
   
   Once your permit is approved, you receive provisional residency and the term starts counting.
2. 2 years
   
   ### Permanent residency
   
   Available to holders of a [Friendly Nations](https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/), [Investor by Own Economic Solvency](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/), [Family Reunification](https://legalsolutionspanama.com/en/residence-permits-panama/family-reunification/) (spouse of a national and dependents), [15% Technical](https://legalsolutionspanama.com/en/residence-permits-panama/expert-technician-under-15/) or [10% Foreigner](https://legalsolutionspanama.com/en/residence-permits-panama/category-10-panama/) permit.
3. 5 years
   
   ### Permanent residency with an SEM visa
   
   Permanent staff holding an [SEM visa](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-workers-multinational-companies-panama/) can apply after five (5) years.

**Students:** the permit is temporary and renewed yearly, up to a total of six (6) years.

Applying for permanent residency is a separate process with its own requirements and costs. When the time comes, we review with you which steps apply and their price.

Official source: Panama National Immigration Service, [immigration permit requirements (in Spanish)](https://www.migracion.gob.pa/home/procesosmigratorios/permisosmigratorios/).

Team

## Meet the team

You can start the process from abroad: the Legal Solutions Panama team prepares your file and handles it before Panama's National Immigration Service.

- ![Kathia Rivera](https://legalsolutionspanama.com/hs-fs/hubfs/Legal_Site_2026/Workers/Activas/3%20contenido-equipo-360x380..webp?width=44&height=44&name=3%20contenido-equipo-360x380..webp) Kathia Rivera CEO / Founder / Attorney [in](https://www.linkedin.com/in/kathiarivera)
- ![Samuel Chang](https://legalsolutionspanama.com/hs-fs/hubfs/Legal_Site_2026/Workers/Activas/1%20contenido-equipo-360x380..webp?width=44&height=44&name=1%20contenido-equipo-360x380..webp) Samuel Chang Managing Director, Attorney and Partner [in](https://pa.linkedin.com/in/samuel-chang-urrutia-b13b96107)
- ![Alina González](https://legalsolutionspanama.com/hs-fs/hubfs/Legal_Site_2026/Workers/Activas/9%20contenido-equipo-360x380..webp?width=44&height=44&name=9%20contenido-equipo-360x380..webp) Alina González Immigration Attorney and Legal Advisor [in](https://www.linkedin.com/in/alina-gonzalez-804b8422b/)

**+10** years of experience · **+55** nationalities served · **+800** clients

## Frequently asked questions about Panama residency

#### Which Panama residency permit is right for me?

It depends on your profile. As a quick guide:

- If you receive a **lifetime pension** of at least B/.1,000 per month: [Pensionado visa](https://legalsolutionspanama.com/en/residence-permits-panama/retirees-pensioners/).
- If you are a citizen of one of the **50 Friendly Nations**: [Friendly Nations visa](https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/), through employment or a minimum USD 200,000 investment.
- If you will **invest US$300,000** or more, whatever your nationality: [residency by own economic solvency](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/).
- If you have a **family tie** with a Panamanian or a resident: [family reunification](https://legalsolutionspanama.com/en/residence-permits-panama/family-reunification/).
- If you will **work** in Panama: [professionals](https://legalsolutionspanama.com/en/residence-permits-panama/professional/), [15% technical](https://legalsolutionspanama.com/en/residence-permits-panama/expert-technician-under-15/), [10% foreigner](https://legalsolutionspanama.com/en/residence-permits-panama/category-10-panama/) or [SEM](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-workers-multinational-companies-panama/).
- If you will **study**: [student visa](https://legalsolutionspanama.com/en/residence-permits-panama/temporary-residence-permit-for-education-reasons-in-panama/).

In the first consultation we review your case and confirm which category applies to you.

#### How much does a Panama residency permit cost?

The price depends on the permit. These are our prices for one (1) applicant, including legal fees, ITBMS, government checks (when applicable) and processing expenses:

- [Retiree or Pensioner (Pensionado)](https://legalsolutionspanama.com/en/residence-permits-panama/retirees-pensioners/): US$2,424.25
- [Friendly Nations](https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/): US$2,934.90
- [Investor by Own Economic Solvency](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/): US$3,119.40
- [Professionals](https://legalsolutionspanama.com/en/residence-permits-panama/professional/): US$3,828.60
- [Family Reunification](https://legalsolutionspanama.com/en/residence-permits-panama/family-reunification/): US$2,955.90
- [Education / Students](https://legalsolutionspanama.com/en/residence-permits-panama/temporary-residence-permit-for-education-reasons-in-panama/): US$1,340.70
- [Multinational Company Headquarters (SEM)](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-workers-multinational-companies-panama/): US$2,970.90
- [15% Technical](https://legalsolutionspanama.com/en/residence-permits-panama/expert-technician-under-15/): US$2,964.90
- [10% Foreigner](https://legalsolutionspanama.com/en/residence-permits-panama/category-10-panama/): US$2,964.90

Published prices cover the application for one (1) applicant only. They do not include dependents or official translations, whose cost depends on the number of dependents and the number of documents or pages that need to be translated.

#### How do you get permanent residency in Panama?

Several permits are first granted provisionally. Friendly Nations, Investor by Own Economic Solvency, Family Reunification (spouse of a national and dependents), 15% Technical and 10% Foreigner allow you to apply for permanent residency after two (2) years; permanent staff with an SEM visa, after five (5) years. Permanent residency is requested in a separate process with its own requirements and costs.

#### Can I include my family in the application?

Yes. Dependents are processed together with the main applicant, but each one has its own costs and requirements, so they are not included in the published price. For example, residency by own economic solvency requires adding B/.2,000 to the investment for each dependent. Tell us who is moving with you and we will prepare a personalized quote.

#### Can I start the process from abroad?

Yes. You can start the process from abroad: the Legal Solutions Panama team prepares your file and handles it before Panama's National Immigration Service. We tell you which documents to prepare in your country (criminal record, apostilles and certificates) and in what order.

#### How long does it take to get residency in Panama?

It depends on the permit and on the National Immigration Service's processing times, which we do not control. As a reference, family reunification is usually resolved in three (3) to six (6) months and the student visa in three (3) to twelve (12) months. When we review your case, we explain the timelines for your category.

#### Can you get residency in Panama through investment?

Yes. There are two main routes: [residency by own economic solvency](https://legalsolutionspanama.com/en/residence-permits-panama/residence-permit-investor-panama/), for any nationality, with a minimum US$300,000 investment in real estate, a fixed-term deposit or both; and the [Friendly Nations visa](https://legalsolutionspanama.com/en/residence-permits-panama/friendly-nations-visa-in-panama/), with a minimum USD 200,000 investment in real estate or a fixed-term deposit for citizens of those countries. The investment is a requirement of the permit and is not part of the processing price.

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}
```

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```json
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    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "It depends on your profile. As a quick guide: If you receive a lifetime pension of at least B/.1,000 per month: Pensionado visa. If you are a citizen of one of the 50 Friendly Nations: Friendly Nations visa, through employment or a minimum USD 200,000 investment. If you will invest US$300,000 or more, whatever your nationality: residency by own economic solvency. If you have a family tie with a Panamanian or a resident: family reunification. If you will work in Panama: professionals, 15% technical, 10% foreigner or SEM. If you will study: student visa. In the first consultation we review your case and confirm which category applies to you."
    },
    "name" : "Which Panama residency permit is right for me?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "The price depends on the permit. These are our prices for one (1) applicant, including legal fees, ITBMS, government checks (when applicable) and processing expenses: Retiree or Pensioner (Pensionado): US$2,424.25 Friendly Nations: US$2,934.90 Investor by Own Economic Solvency: US$3,119.40 Professionals: US$3,828.60 Family Reunification: US$2,955.90 Education / Students: US$1,340.70 Multinational Company Headquarters (SEM): US$2,970.90 15% Technical: US$2,964.90 10% Foreigner: US$2,964.90 Published prices cover the application for one (1) applicant only. They do not include dependents or official translations, whose cost depends on the number of dependents and the number of documents or pages that need to be translated."
    },
    "name" : "How much does a Panama residency permit cost?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "Several permits are first granted provisionally. Friendly Nations, Investor by Own Economic Solvency, Family Reunification (spouse of a national and dependents), 15% Technical and 10% Foreigner allow you to apply for permanent residency after two (2) years; permanent staff with an SEM visa, after five (5) years. Permanent residency is requested in a separate process with its own requirements and costs."
    },
    "name" : "How do you get permanent residency in Panama?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "Yes. Dependents are processed together with the main applicant, but each one has its own costs and requirements, so they are not included in the published price. For example, residency by own economic solvency requires adding B/.2,000 to the investment for each dependent. Tell us who is moving with you and we will prepare a personalized quote."
    },
    "name" : "Can I include my family in the application?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "Yes. You can start the process from abroad: the Legal Solutions Panama team prepares your file and handles it before Panama's National Immigration Service. We tell you which documents to prepare in your country (criminal record, apostilles and certificates) and in what order."
    },
    "name" : "Can I start the process from abroad?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "It depends on the permit and on the National Immigration Service's processing times, which we do not control. As a reference, family reunification is usually resolved in three (3) to six (6) months and the student visa in three (3) to twelve (12) months. When we review your case, we explain the timelines for your category."
    },
    "name" : "How long does it take to get residency in Panama?"
  }, {
    "@type" : "Question",
    "acceptedAnswer" : {
      "@type" : "Answer",
      "text" : "Yes. There are two main routes: residency by own economic solvency, for any nationality, with a minimum US$300,000 investment in real estate, a fixed-term deposit or both; and the Friendly Nations visa, with a minimum USD 200,000 investment in real estate or a fixed-term deposit for citizens of those countries. The investment is a requirement of the permit and is not part of the processing price."
    },
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}
```