Pensionado Visa

Show a lifetime pension of at least $1,000 per month to qualify for permanent residency and one of the world's most generous retiree discount programs.

• Government or private pension of at least $1,000/mo for life, notarized and apostilled.
• Clean criminal record apostilled from country of residence.
• Health certificate issued in Panama.
• Panamanian attorney of record required for filing.

1. 1

   Document apostille

   3–6 weeks

   Pension letter, background check, and marriage certificates.

2. 2

   Filing in Panama

   1 in-country visit

   Attorney submits to Immigration; temporary card issued same week.

3. 3

   Approval

   4–6 months

   Permanent Pensionado resolution granted.

4. 4

   E-Cedula (optional)

   Year 2+

   Local ID unlocks banking and driving privileges.

• Territorial tax system — foreign-source income is not taxed.
• One-time exemption on household goods import and every 2 years on a vehicle.
• 25%–50% discounts on flights, medical care, entertainment, and utilities.

Tax outcomes depend on individual residency status and evolving policy. Confirm treatment with a licensed advisor before making decisions.