NO VISA IS REQUIRED FOR USA CITIZENS TO VISIT PANAMA
Panama Residency Laws
There are several ways to obtain legal residency in Panama. The laws are among the most attractive of any Latin retirement destination as Panama is aggressively seeking retirees and foreign investors. Some of the visas that non-citizens may obtain to live here include:
" General Investor - you must invest at least $100,000 in a business that the government considers socially beneficial.
" Export Processing Zone Investor - you must invest at least $250,000 in Fort Davis or one of the other export processing zones; " Agro-forestry Investor - you must invest at least $40,000 in a reforestation project.
" Small Investor - you must invest at least $40,000 and employ at least three Panamanians in a small business considered socially beneficial, and be an officer or manager of the business.
" Pensioner or Retiree - you must show that a retirement or disability pension from abroad yields you a monthly income of at least $500, plus another $100 per month for each dependent.
" Retired Investor - you must be retired and have a certificate of deposit in a Panamanian bank that yields an income of at least $750 per month.
" Farmer - you must have at least $40,000 invested in a producing farm in Panama.
" Colon Free Zone executive - you must have an executive position with a firm doing business in the Colon Free Zone.
City Of Knowledge -- you must be a student, professor or administrator with an institution affiliated with the City of Knowledge.
