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Panama Tourist Visa

Countries do not need a visa to enter Panama:

Argentina, Austria, Belgium, Chile, Costa Rica, El Salvador, Finland, France, Germany, Guatemala, Honduras, Hungary, Israel, Italy, Luxembourg, Liechtenstein, Netherlands, Nicaragua, Paraguay, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, Uruguay and the UK (except for persons who were born in Hong Kong, or if the UK passport was issued in Hong Kong).

 

Panama Tourist Card

The tourist card takes the place of a conventional visa. One can be purchased at the departure airport terminal or in Panama at the Immigration area for $5.00. The tourist card is good for 30 days and there are provisions to apply for a 60-day extension at the sole discretion of the immigration authorities. People with passports from the following countries are eligible to purchase 30 day tourist cards: Antigua & Barbuda, Aruba, Australia, Bahamas, Barbados, Belize, Bermuda, Bolivia, Brazil, Canada, Colombia, Curacao, Ecuador, Greece, Grenada, Guyana, Jamaica, Japan, Korea (Rep), Malta, Mexico, Monaco, New Zealand, Norway, St Kitts & Nevis, St Lucia, St Vincent & the Grenadines, Samoa, San Marino, Sao Tome & Principe, Surinam, Taiwan, Trinidad & Tobago, USA, Venezuela and Vatican City.

 

Panama Tourist Card Extension

It is possible to obtain a 60-day extension for the tourist card. The application process includes the following:

 

  • Valid passport good for six months

  • Tourist Card and two copies of the Panama immigration stamp in your passport

  • Return airplane ticket or voucher that is in effect for at least the sixty-day period

  • Letter from Panama Citizen or Panama Resident who will sponsor you and your visit and thus assume responsibility for you. This should be notarized along with a copy of their cedula.

  • Economic Solvency Documentation such as bank statements, credit cards, tax returns of the tourist or the Panama person sponsoring him or her

  • Provide three passport-size pictures

People with passports from these countries must get a formal visa: Czech Republic, Cyprus, Dominican Republic, Egypt, Peru and Philippines may only enter Panama if they have a visa.

 


 

This is a resume of the changes in the new Visas in Panama:

Tourist Visa

– It is 90 days with a possibility for a 90-day renewal for good cause, not an automatic renewal.

 

Permanent Visas

- for Investors are only possible after having completed three consecutive 2-year temporary visas.

 

Reforestation

– The temporary is now $60,000 minimum with a 10-hectare requirement. This is up from $40,000. The permanent reforestation visa is now $80,000 with a requirement of 20 hectares.

 

Small Business Investor Visa

– There is no longer a small business investor visa.

 

Investor Visa

- Now requires an investment of $160,000 up from $100,000 and requires 5 full time Panamanian workers at the minimum wage.

 

Self –Solvency Visa (Bank Account)

– is now up to $300,000 put in an approved Panama bank account for 3 years.

 

Self-Solvency Investor Visa (Real Estate)

– now requires $300,000 equity in form of cash down payment. You can mix mortgage and cash in bank for up to $30,000. Now possible to hold real estate under a Panama Foundation if primary applicant is the beneficiary of the foundation or if the founder.

 

Rentista Visa

– now requires a deposit in the national bank of Panama for five years that yields $2000 a month, up from $750. Figure today at least $600,000. NO PASSPORT is included any more.

 

Pensionado Visa

– is now raised to $1000 per month up from $500. There is a provision to mix property up to $100,000 in personally held Panama real estate. Equity only from cash placement. Not clear on ratios. Dependents are an extra $250 each, up from $100. People who are financially secure, independent or doing their own pension do not belong under this program. The programs involving investing $300,000 in the bank for 3 years or same amount in real estate are for you. The other one is the Rentista, which requires about $600,000 in bank generating $2000 a month for five years.

 

Multi entry Visas

– now issued for up to five years, previously two.



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Tel: (507) 6714-9326