FAQ
Common questions.
How much income do I need for the Panama retirement visa?
A pension for life of at least USD 1,000 a month. Each dependant adds USD 250 a month. A couple can add their two pensions together to reach the USD 1,000. The page states it in balboas, which are on a par with the US dollar.
Is there an age limit for the Panama retirement visa?
The official list of requirements sets no age limit.
What do I need for the Panama retirement visa?
The official page asks for: certificate of your pension for life, health certificate, criminal record certificate, certified copy of your passport, sworn statement form and three photos.
Do I need health insurance?
The list asks for a health certificate, not health insurance.
Can I work on the Panama retirement visa?
The official requirements sheet does not say whether you can work.
How long do I need to spend in Panama?
The official requirements sheet does not set a minimum stay.
Does the Panama retirement visa lead to permanent residence?
This is a permanent residence permit. It has no end date, so it does not need to be renewed.
How long does the Panama retirement visa last?
The permit has no end date. No renewal is needed.
How much does the Panama retirement visa cost?
The official requirements sheet for this permit does not list the fee.
Who can apply for the Panama retirement visa?
Open to citizens of any other country. People who get a pension for life from a foreign government, an international body or a private company.
Can I bring my family?
Dependants can join you if you show USD 250 a month more for each one. Children can stay until 25 if they study, but they do not get permanent residence.
How do I apply?
At the National Migration Service (Servicio Nacional de Migración) in Panama, with a notarised power of attorney and an application.
Sources
- Panama: Permanent residence for retirees and pensioners (Jubilado o Pensionado) (migracion.gob.pa)
- Panama: how to apply (migracion.gob.pa)
- Panama: Rentista retirado requirements (migracion.gob.pa)
General information, not legal advice. Last checked 11 Oct 2026.