Temporary Visitors

The main type of Visa for Temporary Visitor is the following:

1. Temporary Residence Visa as an Independent Retired ( Immediate Panama Passport Program).

This Visa is applicable to foreigners that enter the country and can prove yielding a minimum monthly income of US$ 750.00 originating from the interested product of a fixed deposit carried out in the National Bank of Panama (Banco Nacional de Panama) which should be free of obligations or guarantees.
This Visa is granted for a five (5) year period and may be extended.

Advantages

- Applicants for this Visa may introduce their spouses and children as dependents.

- By obtaining this Visa you get a "Special Panamanian Passport" with which you may enter and leave the country with out a Multiple Return Visa.

- You may perform any type of investment.

Requirements

- Power and Request by an attorney.

- A Medical Certificate of Good Health, where it status that the interested party does not suffer from any mental or contagious diseases, issued within the three (3) months prior to it presentation. (Must have be sealed and signed with the code and medical registry number).

- Criminal Record issued in the last place of residence (2 years), properly authenticated by a Panamanian Consulate.

- Four (4) carnet sized photographs

- 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).

- Photocopies of all of the pages of the Passport.

- An additional copy of all of the accrediting documents, except the Passport.

- Marriage and Birth Certificates of any dependent children, properly authenticated by a Panamanian Consulate ( In case of dependents).

- A letter of responsibility ( In case of dependents) . Model provided by Delvalle & Delvalle.

- Sworn Statement on Personal Background. (Form provided by the Migration Department).

2. Executive Visa for Temporary Visitor

Foreigners that enter the country as executives of Foreign Companies that have been properly registered in their country of origin and currently possess or are intending on opening a registered branch in Panama, may apply for this Visa. The Visa is granted for a one (1) year period and must be extended every year.
It is important to mention that in order to apply for this type of visa the following conditions must be present:

a) There must be a main office properly registered in a foreign country.

b) There must be a registered branch in Panama.

c) The executive must have a salary over a thousand dollars (US$ 1,000.00.)

d) Payment of the salary must originate from a foreign country.

Advantages of this Visa

- This Visa is ideal for foreigners executives that come to work for a foreign company in Panama and are required to stay for an extended period yet lack the necessary capital to apply for an Investors Visa or Personal Economic Solvency Visa.

- Does not require a work permit.

- Executives that apply for this Visa may introduce their spouses and children as dependents.

- Exempt from any sort of deposit or Immigration rights related to its attainment.

Requirements

- Power and request by an Attorney.

- Good health certificate, where it states that the interested party does not suffer from any mental or contagious diseases, issued within the three (3) months prior to the date of its presentation. (Must be signed and sealed with the doctors' name, code and medical registry number).

- Criminal Record, issued in the last place of residence (two years), must be properly authenticated by a Panamanian Consulate.

- Original Passport valid for at least six (6) months and a photocopy of all of the pages that have been used as well as the general information of the interested party.

- Two (2) carnet sized photographs.

- Letter of Employment issued by the parent company stating the logo of the company that is hiring him/her to work as an executive. Model provided by Delvalle & Delvalle.

- Certification of the existence of the company in its country of origin.

- Bank reference issued by a foreign bank in favor of the parent company abroad and a bank reference from a local bank in favor of its Panama branch.

- Copy of the documentation and the Certification of the Public Register of Panama in stating that you have a Panamanian Corporation properly incorporated. (For you to apply to this Visa you must have a Panamanian Corporation that will be your branch in Panama).

- Letter issued by a local bank confirming that you, or your Panamanian Corporation have an account in that bank. (The account can be either personal or commercial).

- Marriage and Birth Certificates of the under aged dependent children, properly authenticated by a Panamanian Consulate . (In case of dependents)

- Letter of responsibility (In case of dependents) Model provided by Delvalle & Delvalle.

- Sworn Statement on the Personal Background. (Form supplied by the Immigration Department).