Everything you need to know to obtain Panama residency through the Friendly Nations program
The Panama Friendly Nations Visa grants permanent residency to citizens of 50 friendly nations. It is one of the fastest and most accessible residency programs in Latin America, requiring minimal paperwork and no minimum stay requirement. For a full breakdown of the real economic requirements by pathway, see our guide on the real economic requirements for the Friendly Nations Visa.
Citizens of these 50 countries qualify:
* List subject to change. Verify current eligible countries with Panama's National Immigration Service (SNM) before applying.
To qualify for the Friendly Nations Visa, you must demonstrate economic ties to Panama through one of three pathways.
Purchase a property in Panama worth at least $200,000 USD, registered in your name and free of liens.
Secure a formal employment contract with a duly registered Panamanian company in good standing.
Place a fixed-term deposit of at least $200,000 USD in a licensed Panamanian bank for a minimum of 3 years.
Valid passport (min. 6 months validity)
Criminal background check (apostilled)
Passport photos
Government fees: approx. $1,020 USD per main applicant
Costs vary depending on your country of origin, individual situation, and the complexity of your case. Government fees are set by Panama's National Immigration Service and are subject to change.
For an accurate cost estimate tailored to your specific situation, request a free consultation with one of our verified specialists.
50 Eligible Countries
3–6 Months Processing
Among Panama's Most Requested Programs
Path to Citizenship in 5 Years
Source: Panama National Immigration Service (SNM)
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