Who may request a Temporary Residence Visa with an Independent Retired Status?
All those foreigners that earn a minimum monthly income of Seven Hundred Fifty (US$750.00), that proceed exclusively from the interest of a five year period time deposit at “Banco Nacional de Panama” (National Bank of Panama). The petitioner can bring his (her) dependents into the country (Are considered as such, the parents, spouse or children under legal age or those who are of legal age but under 25 years, single and without children that are attending regular studies, on a Study Centre duly recognized by the Ministry of Education. The permit is granted for five extendable years and a special Panamanian passport is issued for the same length of time. The retired petitioner can invest money at the Panamanian Territory, previous to the compliance of the requirements, but will not be able to work within the territory.
Note:
All foreign citizens, that approach the National Directorate of Immigration and Naturalization to perform any procedure, must be previously registered in the Migratory Movement Section, presenting the following requirements:
1. Two (2) carnet size photos
2. Copy of the pages of the passport that contain the general information about the petitioner and the page that shows the stamp of the last entry to our country.
3. Pay fee for registration.
4. Complete the registration form of the Sworn Statement.
In the case that the request includes dependents, the requirements for the Immigrant Visa as a Resident’s Dependent must be included.
All documents issued abroad, must be properly annotated or authenticated by the Republic of Panama Embassy or Consulate at the country that issued them and by the Ministry of Foreign Affairs of Panama.
All documents issued abroad that are not written in the Spanish Language, must be translated by an Official Public Translator recognized by the Ministry of Government and Justice or Ministry of Education.
All foreign residents, temporary visitors or with an application being processed, that wishes to go abroad and re-enter the country, requires from the National Directorate of Immigration and Naturalization a MULTIPLE VISA BEFORE LEAVING THE COUNTRY. The omission of this procedure will incur a One Hundred Balboa fine (B/100.00).
The extension of the Temporary Visitor Visa permit should be made a month before the current one expires.
Nationalities that require a Consulted Visa, have to present with the petition a Certification that authorizes them to apply for a temporary residence visa, issued by the Department of Consulted Visas of the National Directorate of Immigration and Naturalization.
The Sworn Declaration is a form supplied by the National Directorate of Immigration and Naturalization. This must be signed by the interested party and be completed in full. Providing false information may lead to penal and legal responsibilities and the negation of the requested visa or the annulment, if already granted. The foreigners who are under age don’t have to fill out the form, but their parents or tutor must give the requested information, although not under the gravity of oath.
The documentation must be presented COMPLETE and in the following order. Small documents such as, birth certificates, health certificates, receipts, etc., must be added to a legal size paper and both faces of the abovementioned documents must be clearly seen, in order to be properly received.
REQUIREMENTS:
Foreigner
When the petition is approved, a special Panamanian passport is issued, which cost will be paid by the interested party. Nationalities that require a consulted visa must pay a fiscal stamp of $10.00. This permit does not grant the right to bear a Panamanian identification card.
Power of Attorney and request through a lawyer [ ... The power of attorney must be presented personally by the interested party or parties at the Directorate of Migration and Naturalization, or to have the presentation note of appearance before a Public Notary. It must include the general information of the foreign petitioner (full name, nationality, passport exact address, telephone numbers) as well as the parents full name, nationality and exact address. Also, all the general information of the lawyer must be given (office address, id. card number (cedula) fax number, telephone number, and e mail address). The dependents of legal age, have to sign the power of attorney and the parents must sign for the under age.
The generals of the check must be expressed (check number, name of the bank that issued the check, date and amount), identify and enumerate al the documents attached, as well as quoting the real and legal grounds in which you base the petition. The request must have a B/4.00 per page, legal stamp or postage (Four dollars per page)].
Health Medical Certificate […issued within the three (3) months prior to the presentation date (it must have date, signature and seal with the doctor name, including the code and register number of the physician)].
Penal and police record issued by the previous country of residence of the petitioner, within the last two years, (This document will not be necessary, if the interested party has resided in Panama for two consecutive years prior to the presentation.
Passport issued by the country of origin [...with a minimum of six months validity time and a complete photocopy of the passport, duly authenticated before a Public Notary].
Four (4) Carnet size photos [...updated, of every interested party, (no hats or veils and facing front].
Certification from “Banco Nacional de Panama” (National Bank of Panama) confirming that petitioner earns an income of Seven Hundred and Fifty dollars (B/.750.00) in monthly interest, that proceed exclusively from a five year period Time Deposit, mortgage free or that is not used as a collateral.
Photocopy of the Time Deposit certificate or contract duly authenticated by “Banco Nacional de Panamá” (National Bank of Panamá).
Personal Background Sworn Declaration [… duly signed by the interested party and by an authorized official of the National Directorate of Immigration and Naturalization or whoever receives the petition. (Form supplied by the National Directorate of Immigration and Naturalization).]
An extra set of photocopies of all the documentation presented.
Legal Base:
Law No. 9 of June 24 of 1987 and the Executive Decree No. 62 of August 4 of 1987.
All those foreigners that earn a minimum monthly income of Seven Hundred Fifty (US$750.00), that proceed exclusively from the interest of a five year period time deposit at “Banco Nacional de Panama” (National Bank of Panama). The petitioner can bring his (her) dependents into the country (Are considered as such, the parents, spouse or children under legal age or those who are of legal age but under 25 years, single and without children that are attending regular studies, on a Study Centre duly recognized by the Ministry of Education. The permit is granted for five extendable years and a special Panamanian passport is issued for the same length of time. The retired petitioner can invest money at the Panamanian Territory, previous to the compliance of the requirements, but will not be able to work within the territory.
Note:
All foreign citizens, that approach the National Directorate of Immigration and Naturalization to perform any procedure, must be previously registered in the Migratory Movement Section, presenting the following requirements:
1. Two (2) carnet size photos
2. Copy of the pages of the passport that contain the general information about the petitioner and the page that shows the stamp of the last entry to our country.
3. Pay fee for registration.
4. Complete the registration form of the Sworn Statement.
In the case that the request includes dependents, the requirements for the Immigrant Visa as a Resident’s Dependent must be included.
All documents issued abroad, must be properly annotated or authenticated by the Republic of Panama Embassy or Consulate at the country that issued them and by the Ministry of Foreign Affairs of Panama.
All documents issued abroad that are not written in the Spanish Language, must be translated by an Official Public Translator recognized by the Ministry of Government and Justice or Ministry of Education.
All foreign residents, temporary visitors or with an application being processed, that wishes to go abroad and re-enter the country, requires from the National Directorate of Immigration and Naturalization a MULTIPLE VISA BEFORE LEAVING THE COUNTRY. The omission of this procedure will incur a One Hundred Balboa fine (B/100.00).
The extension of the Temporary Visitor Visa permit should be made a month before the current one expires.
Nationalities that require a Consulted Visa, have to present with the petition a Certification that authorizes them to apply for a temporary residence visa, issued by the Department of Consulted Visas of the National Directorate of Immigration and Naturalization.
The Sworn Declaration is a form supplied by the National Directorate of Immigration and Naturalization. This must be signed by the interested party and be completed in full. Providing false information may lead to penal and legal responsibilities and the negation of the requested visa or the annulment, if already granted. The foreigners who are under age don’t have to fill out the form, but their parents or tutor must give the requested information, although not under the gravity of oath.
The documentation must be presented COMPLETE and in the following order. Small documents such as, birth certificates, health certificates, receipts, etc., must be added to a legal size paper and both faces of the abovementioned documents must be clearly seen, in order to be properly received.
REQUIREMENTS:
Foreigner
When the petition is approved, a special Panamanian passport is issued, which cost will be paid by the interested party. Nationalities that require a consulted visa must pay a fiscal stamp of $10.00. This permit does not grant the right to bear a Panamanian identification card.
Power of Attorney and request through a lawyer [ ... The power of attorney must be presented personally by the interested party or parties at the Directorate of Migration and Naturalization, or to have the presentation note of appearance before a Public Notary. It must include the general information of the foreign petitioner (full name, nationality, passport exact address, telephone numbers) as well as the parents full name, nationality and exact address. Also, all the general information of the lawyer must be given (office address, id. card number (cedula) fax number, telephone number, and e mail address). The dependents of legal age, have to sign the power of attorney and the parents must sign for the under age.
The generals of the check must be expressed (check number, name of the bank that issued the check, date and amount), identify and enumerate al the documents attached, as well as quoting the real and legal grounds in which you base the petition. The request must have a B/4.00 per page, legal stamp or postage (Four dollars per page)].
Health Medical Certificate […issued within the three (3) months prior to the presentation date (it must have date, signature and seal with the doctor name, including the code and register number of the physician)].
Penal and police record issued by the previous country of residence of the petitioner, within the last two years, (This document will not be necessary, if the interested party has resided in Panama for two consecutive years prior to the presentation.
Passport issued by the country of origin [...with a minimum of six months validity time and a complete photocopy of the passport, duly authenticated before a Public Notary].
Four (4) Carnet size photos [...updated, of every interested party, (no hats or veils and facing front].
Certification from “Banco Nacional de Panama” (National Bank of Panama) confirming that petitioner earns an income of Seven Hundred and Fifty dollars (B/.750.00) in monthly interest, that proceed exclusively from a five year period Time Deposit, mortgage free or that is not used as a collateral.
Photocopy of the Time Deposit certificate or contract duly authenticated by “Banco Nacional de Panamá” (National Bank of Panamá).
Personal Background Sworn Declaration [… duly signed by the interested party and by an authorized official of the National Directorate of Immigration and Naturalization or whoever receives the petition. (Form supplied by the National Directorate of Immigration and Naturalization).]
An extra set of photocopies of all the documentation presented.
Legal Base:
Law No. 9 of June 24 of 1987 and the Executive Decree No. 62 of August 4 of 1987.
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