Panama

Duration

9 Months

Duration

9 Months
  • Work
  • Extension
  • Business
  • Citizenship
Qualified Investor Program Panama

Panama

Qualified Investor Program Panama
  • Business
  • Extension
  • Work
  • PR - Residence

Duration

5 Years
Details

Digital Nomad Visa Panama

#digitalnomad

About

Among the most visited parts of Central America is Panama, which is known for its financial hub, beaches, mountains, and colonial and modern architecture. Consider searching for a place where you may experience nature, take advantage of magnificent beaches, and benefit from a free and thriving economy. If so, Panama might be the ideal location for you!

The Short-Stay Visa for Remote Workers was formally established by the Panamanian government in May 2021. The Covid-19 aftermath had an impact on how people worked, which is why the initiative was taken. Panama seeks to draw digital nomads and freelancers who will support the economy through investment and consumption by providing a digital nomad visa.

Eligibility

The following eligibility conditions must be met to obtain this visa:

  • To carry out duties that have an impact abroad.
  • To have a transnational contract with a foreign corporation.
  • Possess a yearly income from outside Brazil of at least 36,000 balboas, or the equivalent in another currency.

Documents

You must provide,

  • Three passport-sized coloured photographs of the applicant..
  • A copy of the applicant's medical insurance, which must be current for both Panama and the duration of the applicant's stay.
  • Evidence that the foreign company actually exists where it is registered.
  • The applicant's general information, positions and functions, monthly income, work mode (remote), and commitment to bear the costs of return or repatriation if necessary are all listed in a letter on corporate letterhead that is signed by the legal representative.
  • Sworn rejection of a job offer or service provided on the national territory.
  • A receipt of the visa fee paid to the National Immigration Service.
  • Proof that you have an annual income of 36,000 USD.

Process

Being a digital nomad and residing in Panama is an amazing experience. With one of Central America's most robust economies, Panama offers both tremendous growth potential and a low cost of living.

Visa Processing Time
A 30-day period is required to complete the entire Panama digital nomad visa application process. If you need to provide more documents or information, the process can take longer. So, you should be mindful of the processing time while applying for a visa.

How to Apply
Follow these steps while applying for a Panama digital nomad visa:

  • Schedule a meeting with the Panamanian embassy or consulate.
  • Attend the appointment and bring the needed paperwork.
  • Pay the processing fee for your visa.
  • Wait for the confirmation.

Duration & Fees

Duration
A digital nomad visa to Panama is valid for nine months. You must abide by the country's laws and visa regulations during your stay. After this time, you may extend your stay.

Fees
The cost of applying for a visa to work as a digital nomad in Panama is low. Panama offers reasonably low fees as compared to other nations that grant visas for digital nomads. The 250 USD for the National Immigration Agency and the 50 USD for the Visa Card are included in the visa fees.

Extension

The permit is extendable for an additional nine months. However, you must apply for an extension before your visa expires. Otherwise, you may have to reapply for the visa.

FAQs

Can you work on a digital nomad visa?
No, you are not allowed to work with a local business.

Can you travel on a digital nomad visa?
Yes, you can travel throughout the country on a digital nomad visa.

Can you get an extension for this visa?
Yes, this visa can be extended for nine months.

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