FOR RETIREES
Pensionado Visa Panama
The Pensionado Visa is Panama's permanent residency program for retirees with a verified pension of at least $1,000/month. It grants permanent residency status and some of the best retiree discounts in the world — 50% off entertainment, 25% off flights, and 15% off hospital bills — making Panama one of the most affordable, welcoming retirement destinations in the Americas.
Book Free Consultation via WhatsAppREQUIREMENTS
- Minimum pension of $1,000/month from a government or private source
- Proof of pension income (certified letter)
- Valid passport with 6+ months validity
- Police clearance from country of origin
- Health certificate
KEY BENEFITS
- 50% off entertainment & hotels
- 25% off airline tickets
- 25% off restaurants
- 15% off hospital bills
- Tax exemption on household goods import
How It Compares to Other Panama Visas
| Visa Program | Best For | Key Requirement | Standout Benefit |
|---|---|---|---|
| Pensionado Visa ★ | FOR RETIREES | Minimum pension of $1,000/month from a government or private source | 50% off entertainment & hotels |
| Friendly Nations Visa | FOR CITIZENS OF 50+ COUNTRIES | Citizen of one of the 50 approved 'Friendly Nations' | Path to permanent residency |
| Qualified Investor Visa | FOR INVESTORS | Invest minimum $300,000 in Panama real estate | Immediate permanent residency |
| Self-Economic Solvency Visa | FOR INDEPENDENT INCOME EARNERS | Fixed-term deposit of $300,000 in a Panamanian bank | Permanent residency from day one |
How to Get Your Panama Visa
Free 15-Min Consultation
Tell us your goals, nationality, and finances. We identify the best visa path and outline the exact steps for your case.
We Prepare Your Case
Our attorneys gather and authenticate documents, file all paperwork, and manage every step with immigration authorities.
Welcome to Panama
Receive your residency card and start your new life. We stay available for banking, real estate, and any follow-up needs.
Frequently Asked Questions
No. The $1,000/month can come from a government pension, a private pension plan, or an annuity, as long as it is guaranteed for life and properly certified.
Yes, spouses and dependents can generally be included in the same application, though additional income or documentation requirements may apply depending on your specific case.
Yes. As with other permanent residency programs, Pensionado Visa holders can apply for Panamanian citizenship after 5 years of residency.
Ready to Start Your Panama Journey?
Book a free 15-minute consultation and our attorneys will confirm which visa fits your situation.
Book Free Consultation via WhatsApp