Pensioner Visa (Pensionado) (Residencia Permanente como Pensionado o Jubilado)
Pensioner Visa (Pensionado) is a residence route in Panama (Eläkeläiset). Guaranteed lifetime pension ≥US$1,000/month (US$750 if owning Panama property >US$100k); +US$250/month per dependant. Savings/dividends do not qualify. Visit Panama at least once every 2 yrs. Gov fees ~US$3,000 for family of 3.
Retirement visas and pensioner residence →Requirements at a glance
You need an annual income of about CHF 9'600. There is no minimum stay to keep the permit. Spouse and children can usually be included. Permanent residence: after heti years. Citizenship can be possible after about 5 years.
How holders are taxed
Territorial tax: foreign pensions and foreign-source income untaxed; retiree discounts (Law 6).
Next steps
Check the official page for the current rules and fees, compare this route with the other programmes on the interactive map, and talk to a licensed immigration lawyer or authorised agent before applying.
| Luokka | Eläkeläiset |
|---|---|
| Sijoitus | — |
| Maksut (perhe) | CHF 2'400 |
| Tulot / v | CHF 9'600 |
| Varat | — |
| Väh. oleskelu | 0 |
| PR | heti |
| Kansalaisuus | 5 |
| Työ | no |
| Kelpoisuus | all (18+, lifetime pension required) |
| Verot | Territorial tax: foreign pensions and foreign-source income untaxed; retiree discounts (Law 6). |
| Tilanne | 2026-10 |
General information only — not tax, legal, immigration, investment or financial advice, and no client relationship. Figures are simplified, indicative and may be out of date. Always verify with the official authority and a licensed professional in the country concerned before acting. Partner links, if any, are marked and may earn us a fee.