Updated: October 2017
The Friendly Nations visa is Panama's best residency program.
Once you get a friendly nations visa, you are then eligible to apply for a work permit. In fact they make it easy to do so.
It is all part of an effort by the Panama government to ease their shortage of skilled workers.
This permanent resident program is referred to as the friendly nations visa because of the language used in the executive order that created it:
"foreign nationals from specific countries that maintain friendly, professional, economic, and investment relationships with the Republic of Panama."
The Friendly Nations visa's legal name is Permanent Residence for Nationals of Specific Countries (NSC). Now you can understand why they came up with a nickname for it.
Since May 2012, when this visa was created, it has been both easier & faster for foreigners to get Panama permanent residency.
There are now 50 countries listed as friendly in the ever expanding list of countries Panama considers as qualifying for this visa. Here they are, in alphabetical order.
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, 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).
FYI, unless you are married to a Panamanian, foreigners are never permitted, even with this visa, to practice as medical & veterinary doctors, attorneys, architects, and engineers. (See 25 forbidden jobs)
The permit 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. You must provide a written letter of responsibility regarding your dependents. In addition, every son or daughter dependent over the age of 18 must provide an authenticated "I'm not married" certificate from their respective country.
After you have filed your applications - with all the required documents - the immigration office will issue a one year temporary residency card (carnet). This temporary card will be replaced by a permanent residency card once the application is approved.
Until February 2017, a obtaining a Friendly Nations Visa earned you a fast track to a work permit. Previously there was a a Presidential Decree ordering Panama’s Ministry of Labor to fast track acceptance of work permits for friendly nations citizens.
But in Februrary Panama made getting a work permit much harder to get. The easy path to work permits for Friendly Nations visa holders got alot harder. Click to read about the changes to the work permit requirements for Friendly Nation Visa holders.
Go here for information on getting a work permit in Panama - with and without this visa.
Panama's Pensionado visa is very popular.
There are 2 things to consider when comparing it to the Friendly Nation Visa
You can learn more about the Pensionado Visa on my site.
If you qualify for a Friendly Nations visa, the process to get a residency permit is easy. So if you were going to marry that young Panamanian only so you could get your residency permit, you may want to reconsider.
You can also explore 3 other Panama resident visa options.
Professional Residence Permit - good evening. I'm having trouble locating the specifics of this permit. What job categories are protected for Panamanians only? I have a Masters in Special Education and a Master in Literacy.
Thank you.
M.C.Moran
Hello MC,
The list of professions that foreigners cannot practice per that visa:
Dentistry
Engineering and Architecture
Agricultural Sciences
Pharmacy
Chiropractors
Nutritionist
Medicine
Psychology
Medical Assistant
Accounting
Journalism
Laboratory technician
Public Relations
Therapists and speech therapy
Economist
Social workers
Veterinarian
Physiotherapist
Medical Radiologist
Lawyer
Dental assistant
Sociology
Chemist
Nursing
Hairdressing and Cosmetology
Hope that helps,
Betsy
Good Evening and thank you so much. I had a question about executive order 416. I am a USA citizen and want to deposit $5,000 for myself and $2000 for my husband, however my husband is a citizen of Trinidad and Tabogo, would that be a problem.
Secondly, as concerns the business aspect. Would my online business be included as part of having a business?
Husband and I are both over 60
Hi Jenneh,
If Trinidad is not one of the "friendly" nations then he cannot get that visa. You should check with a lawyer to check on that.
It is unlikely your online business would qualify, unless you will be employing Panamanians.
hello - do I just open a corporation with no employees (shell corp) and simply deposit $5000 in a bank ? What happens after 1 year if the business is not generating any income ? or do I have to employ people ?
Hi Neil,
It is my understanding that you don't need to have a corporation. I don't think your business is required to earn any income. If you don't get a work permit for yourself, then yes, for most businesses you'd have to hire an employee.
Yes you need to make a deposit of $5000 in a Panama Bank.
You can read alittle about how to do that on this link: https://livinginpanama.com/living-in-panama/open-bank-account-panama/
I would suggest that you ask a Panamanian lawyer to ensure you get all your questions answered fully and correctly.
Best wishes.
Hello Betsy, I just watched your YouTube video on the aerial views of Puerto Armuelles from the tricycle plane!! Looks great! Can you clarify something I can't find online please (if you know the answer of course!). Are all these Visas for foreigners only applicable if you live FULL time in Panama? We would only be there as Snowbirds for 3 months. We would have a pension from my husbands work and be buying a property (perhaps)
Hi Kay,
Thanks for your patience awaiting my reply. I was unavoidably delayed.
You do not have to live full-time in Panama to use any of the available visas.
Thanks again, Betsy
I'm CONFUSED . I thought you could invest 100k in real estate as well to meet the requirements of a friendly nations visa? I'm 58yo with $500,000 in assets but no pension or social security income. I can easily withdraw $1,000 in "income" for a Pensiado visa but don't know if withdrawing assets counts. As for friendly nations. I don't want to work. I can support myself on my assetts...sooo what are my options to get residency??
Hi Warren,
There are other visa's such as the business investor and reforestation investor visas where all you need to do is invest a chunk of change. The Pensiado visa requires a regular payment (not cashing in assets) to qualify. You don't have to work, nor are you allowed to work, if you have a Friendly Nations Visa. But getting a Friendly Nations Visa, at least until recently, makes it easier to apply and qualify for a work permit. The easiest visa option for you, based on the info given, is the Friendly Nations visa. But I would definitely talk it over with a lawyer.
Hi, thanks a lot for the article. Is it possible to to give more information about the business that needs to be purchased? Does it have to be worth a certain amount? Are there NY specific requirements? My goal is to retire in Panama in about 10-15 years, but we would like to get residency sooner to ensure that we can retire there. I'd like to find a way to get residency with a minimum investment now because I'm worried that the laws might change later.
Hi Joanien,
I don't know the requirements for the business that needs to be started. That is a question for a lawyer. I can recommend Marcos Kreamer.
There are no NY specific requirements. It is smart to get your visa sooner than later because of changes to requirements.
I would also suggest that you visit Panama multiple times, and if possible stay a few months at least once, to make sure Panama is the right fit for you. The good news it seems you have plenty of time to fit in those trips. Sounds like fun.
A shell company with intent to begin trade is fine. It doesn't need to be operational. A lawyer will set this up for you.
Hello!
Can recommend me a lawyer to start application on friendly nation visa?i intend to have it all done just to come and sign in person and also establish a company up on arrival!
I recommend Marcos Kraemer at https://kraemerlaw.com/en/home/
If you're a Panamanian citizen, but children were born abroad, do they require a visa?
I believe you need to register their births with Panama and they will be considered Panamanian citizens. I recommend you contact a Panamanian lawyer about the process, or call the Panama embassy.
Thank you for all the info!
I’d like to know- once I have a friendly nations visa, am I able to to travel through the US? Basically I am wondering if having the visa is equivalent to having a US passport?
I’m also hoping someone can provide me with a link to a website where I can find out about bringing my 2 dogs to Panama with me.
Thanks so much!
Hi Charne,
A Friendly Nations Visa is in no way equivalent to having a US passport.
It only applies to Panama. Your ability to travel to the US is up to the US alone.
I write about bring your pets to Panama on this link: https://livinginpanama.com/resources/pet-relocation/
Another great resource is https://www.panamapetrelocation.com/. They are an excellent company.
There is zero information on what forms to get or where to get them. There are no links to follow. There is nothing here to help anyone get the process started.
Hi Joe, The purpose of the article was simply to describe the visa, not how to get one. However, I will be doing something like that soon.