The Independent Means Visa in Panama (also known as Residency By Passive Income) offers permanent residency to qualified individuals who can demonstrate a stable passive income from foreign sources.
Statistics
The Independent Means Visa program in Panama provides a pathway to permanent residency for individuals with stable foreign-sourced passive income. This program is designed to attract retirees, investors, and other individuals looking to establish residency in a tropical paradise with a favorable tax regime.
Minimum Income Amount
US$1,000 per month
Visa-Free Travel Countries
139
Months to Visa
2-3 months
Overview
A fast-track to permanent residency for qualified individuals with passive income in Panama
Eligibility Requirements
Individuals with passive income from a foreign source
Anchor Ancestor restrictions
Months to citizenship
Length of Visa
Permanent residency
Months to Visa
2-3 months
Physical Presence Requirement
At least one day per year
Availability
High
Family Allowance
Spouse and children
Overview
Independent Means Visa in Panama (Residency By Passive Income)
The program offers numerous advantages for individuals looking to establish their presence in Panama's tropical paradise.
Submit application through a licensed Panamanian attorney at the National Immigration Service.
Overview
To qualify for the Independent Means Visa, applicants must meet specific criteria demonstrating their stable passive income.
Overview
Completed and signed visa application form
Recent Passport Photo
Copy of the Information of Passport
Proof of passive income
Police clearance certificates
Medical certificate
Birth Certificate
Marriage Certificate
Proof of address in Panama
Our experienced team will guide you through each stage of the application process, offering personalized assistance tailored to your needs.
We'll help you gather and organize the documents you need for applying.
Once your documents are ready, we'll let you know where and how to submit your application to the relevant authorities.
How long does it take to process an Independent Means Visa application?
Can I include my family members in my Independent Means Visa application?
What types of income qualify as passive income?
How often do I need to renew my residency permit?
Can Independent Means Visa holders apply for Panamanian citizenship?
Panama offers a tropical paradise, attractive tax regime, and welcoming environment for foreign residents.
Benefits:
Advantages:
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