Fast-Track Your Life in Panama—From Your Very First Step to Settling In.
Welcome to your complete guide on establishing Residency & Relocation in Panama. Whether you’re seeking lower taxes, a warmer climate, or a fresh start, AskPanama provides end-to-end solutions—from visa applications to everyday logistics—so you can focus on what truly matters: enjoying your new life in Panama.
What it is: One of the most popular routes for expats from over 50 “friendly nations.”
Key Benefits: Fast track to permanent residency, minimal investment requirements, and a path to work permits if you plan to do business in Panama.
Who It’s For: Entrepreneurs, retirees, digital nomads, and professionals seeking easy incorporation and banking options.
Ready to discuss which visa fits your situation?
What it is: A retirement-focused visa with some of the best benefits in the region.
Key Benefits: Discounts on healthcare, utilities, entertainment, and domestic travel—plus simplified residency renewal.
Who It’s For: Retirees or individuals receiving a regular pension or government benefit.
Ready to discuss which visa fits your situation?
What it is: Residency obtained through real estate investments, stock purchases, or a bank deposit in Panama.
Key Benefits: Earn a steady return on property or financial products, plus a more flexible route to permanent residency.
Who It’s For: Individuals looking to capitalize on Panama’s robust real estate market or stable banking sector.
Ready to discuss which visa fits your situation?
Relocating to a new country can be overwhelming—but it doesn’t have to be. Here’s a quick rundown of what to expect:
Get a personalized checklist for your move:
City Center (Costa del Este, Punta Pacifica): Upscale high-rises, modern amenities, close to business hubs.
Beach Areas (Coronado, Gorgona): Relaxed coastal vibe, gated communities, perfect for retirees and families seeking tranquility.
Highlands (Boquete, El Valle): Cool mountain climate, lush scenery, strong expat communities—ideal for nature lovers.
Housing: Ranges from budget apartments ($700/month) to luxury condos ($2,500+/month).
Groceries & Dining: Affordable local produce and diverse international cuisine options.
Healthcare: World-class private hospitals at generally lower costs than North America or Europe.
Private Healthcare System: High-quality medical services, many English-speaking doctors.
Insurance: Various international and local insurance plans that reduce out-of-pocket expenses significantly.
International Schools: Reputable bilingual and IB (International Baccalaureate) institutions in major cities.
Tuition: Costs vary but are generally lower than private schools in the US or Europe.
Want our insider’s guide to Panama’s top expat hotspots?
Answer: Temporary residency can be granted in as little as 2–3 weeks after application. Full permanent residency timelines vary from 2–6 months, depending on the visa type.
Answer: While Spanish is helpful, many Panamanians speak English, especially in business and tourist areas. AskPanama can connect you to language tutors if you wish to learn.
Answer: Panama has a stable government and comparatively low crime rates in key expat regions. As with anywhere, being mindful of your surroundings is important.
Answer: Certain visas (like Friendly Nations) include a work permit or can be upgraded to get one. We’ll advise on the best path.
Answer: Panama uses a “territorial” tax system. Foreign-earned income generally isn’t taxed, which is why many entrepreneurs and retirees choose Panama.
Have more questions?
Take the stress out of your relocation. Our experts will guide you step-by-step, ensuring you get the best residency program for your situation.
Next Step:
Book Your FREE Consultation
(We’ll map out a custom timeline and answer all your questions.)
Establishing residency in Panama unlocks a host of benefits—from tax advantages to an incredible quality of life. With AskPanama in your corner, you’ll have a trusted partner to guide you every step of the way—no guesswork, no confusion, no wasted time.
We look forward to helping you start your new journey in Panama!
