Panama Friendly Nations Visa for Easy Passport & Citizenship –
The Friendly Nations Visa is Panama’s easiest residency program
The goal of the visa is to make it easier for foreigners to work and live in Panama. After you have filed your application – the immigration office will issue a 6 month temporary residency card (carnet). This temporary card will be replaced by a permanent residency card once the application is approved.
The visa covers your dependents, children under 18, relatives with disability and parents who depend on them. Dependents can include your spouse and children up to the age of 25 if they are full time university students.
Friendly Nations Visa is granted to those who can provide professional and economic ties with the Republic of Panama. Which means that citizens of these 50 countries must establish a professional or Economic relationship in Panama. This can be accomplished by: Starting a new business Purchasing an existing business Being hired to work for a Panama company.
Friendly nations visa requirements:
1. Be a citizen of one of the 50 “friendly” countries.
To apply for Friendly Nations Visa you have to be a citizen of the “Friendly” countries:
Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Monaco, San Marino, Montenegro, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia, Singapore, Slovakia, Spain, South Africa, South Korea, Sweden, Switzerland, Taiwan, United States of America, Uruguay, United Kingdom (Great Britain & Northern Ireland).
2. Prove Economic and Professional Ties.
Prove Economic Ties:
The requirement for having established economic ties is generally satisfied if the applicant owns a company or corporation which is doing business in Panama and is either a member of the Board of Directors or a majority shareholder.
Prove Professional Ties:
The requirement for establishing professional ties is generally satisfied if the applicant can provide proof of employment by a Panamanian company or corporation and holds a work permit and a social security card.
3. Prove Financial Solvency.
Normally you will prove this by having a balance of at least $5,000 (plus $2,000 for each dependent) deposited in a Panamanian bank account.
Required Documents
Documents we need from you for the bank account:
Passport
Recent Utility Bill
Recent Personal Bank Reference
Add to your cash flow estimates of $5,000 that you would need to deposit with a local bank to prove Financial Solvency.
Documents Required for Immigration:
Copy of Passport
Second form of Government issued identification like a Drivers License from your country of residence
Clean Police Certificate for the last 2 years from your country of residence.
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