Program 04 / 04
    Program 04 · Redesigned in 2021. Now narrower in scope.

    Friendly Nations Visa.

    The Friendly Nations Visa still exists, but Executive Decree 197 reorganized it in 2021 into a two-year provisional residency that requires a real economic tie to Panama. We are honest about who it now suits, and who is better served by Qualified Investor, Pensionado, or Remote Workers.

    Eligibility

    Nationals of 50+ countries with a Panamanian economic anchor: local employment, real estate of US$200,000+, or a fixed deposit of US$200,000+

    Timeline

    ~6 months to provisional residency. Two years to convert.

    Entry

    From US$200,000 in real estate or fixed deposit

    Path & Sequence

    1. 01

      Eligibility check

      Confirm nationality and select the qualifying economic anchor.

    2. 02

      Anchor in place

      Local employment contract, real estate purchase, or fixed deposit completed first.

    3. 03

      Filing

      Application filed with supporting evidence of the economic tie.

    4. 04

      Provisional residency

      Two-year provisional status granted on approval.

    5. 05

      Conversion

      Convert to permanent residency at the end of the provisional term.

    At a Glance

    Eligibility
    50+ qualifying nationalities
    Real estate route
    US$200,000
    Fixed deposit route
    US$200,000
    Path
    Two-year provisional, then permanent

    In closing

    Ready to start your Panama journey?

    ~30Business days
    4Visa programs
    0%Foreign-src. tax

    Book a free consultation with our team. One confidential conversation clarifies the right program, timeline, and structure for your family or business.

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    Rothbard Group S.A.

    A boutique cross-border tax and corporate advisory firm. Licensed U.S. Enrolled Agent authorized to practice before the Internal Revenue Service.