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
- 01
Eligibility check
Confirm nationality and select the qualifying economic anchor.
- 02
Anchor in place
Local employment contract, real estate purchase, or fixed deposit completed first.
- 03
Filing
Application filed with supporting evidence of the economic tie.
- 04
Provisional residency
Two-year provisional status granted on approval.
- 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
Continue across the programs
01 / 04Qualified Investor Visa
High-net-worth investors seeking permanent residency without a temporary stage
Read program
02 / 04Retirees & Pensioners
Recipients of a qualifying pension from a government or private source
Read program
03 / 04Remote Workers Visa
Digital professionals employed or contracted by foreign companies
Read program

In closing
Ready to start your Panama journey?
Book a free consultation with our team. One confidential conversation clarifies the right program, timeline, and structure for your family or business.
Jump to a program
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.

