PANAMA PENSIONED TOURIST'S VISA
Grants the right to reside in Panama, indefinitely, as long as evidence is filed that applicant receives a pension, sufficient to pay for his expenses in the country, for a monthly minimum amount of USD 500.00 or its equivalent in any foreign currency, plus USD 100.00 for each dependant.These amounts may be increased after revision, according to cost of living indexes, by resolution of the Executive Body.

PANAMA RETIRED PENSIONER'S VISA
Grants residence in Panama for a 5-year period, which may be prorogued, as long as applicant can prove that he has enough to pay for his expenses in the country, for a minimum monthly amount of USD 750.00 plus USD 100.00 for each dependant, exclusively as product of a fixed term deposit in the National Bank of Panama (Banco Nacional de Panama), in the concept of interests.

The fixed term deposit shall be kept free from encumbrances or warranties and should be maintained for the 5-year period and so on, as long as the person may want to keep the visa. (At the moment, a fixed term deposit for the amount of USD 203,000.00 is enough, but this amount varies all the time, depending on the interest rates).


SIMPLE OR MULTIPLE RETURN VISA
Apart from the two visas mentioned above, to travel outside Panama and return under equal conditions, all foreigners having resident status in Panama must obtain a Return Visa. Therefore, after the main visa is granted, a Multiple Return Visa should be obtained when traveling abroad.

This only takes two days and no major requirements. The Simple one will serve for one return entrance only, while the multiple one lasts two years.

More info please Call: ++507.264.8920 / Contact Us: astral@cableonda.net