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Pensionado Permanent Residence

PanamaLiving from your own income

Explore the five recorded questions, answers and sources for this pathway.

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Is this aimed at retirees, pensioners, financially independent people, passive-income holders or another profile?

This route is for foreigners who receive a retirement pension or pension from a foreign government, international organisation or private company, who enter Panama to settle there and have sufficient means to cover their own and their dependants' living expenses.

See recorded sources
  • https://www.migracion.gob.pa/wp-content/uploads/02-JUBILADO-PENSIONADO-1.pdf
    Artículo 200: “Podrán solicitar este permiso el extranjero que reciban jubilación o pensión por parte de gobierno extranjero, organismo internacional o empresa privada, que ingresen al territorio nacional para radicarse en él y cuenta con suficientes medios económicos para sufragar todos sus gastos de subsistencia y los de sus dependientes en el país.

Which types of income/assets are accepted according to the official source?

The qualifying income is a retirement pension or pension from a foreign government, international organisation or private company, certified as a lifetime pension. For a private-company pension, the applicant must also provide a letter from a foreign pension-administration, trust, mutual-fund, insurance or banking company certifying that it manages funds for the company or applicant, a certificate of existence and validity of the company granting the pension, and a payment receipt or bank statement.

See recorded sources

What income, savings or financial-resources threshold applies and how does family affect it where officially specified?

The monthly pension must be at least B/.1,000.00 and granted for life, plus additional economic solvency of B/.250.00 per month for each dependant (additional pension or local bank reference). If the applicant has personally acquired property in Panama for more than B/.100,000.00, the pension may be a minimum of B/.750.00. Spouses may combine their amounts to reach the B/.1,000.00 minimum.

See recorded sources

Can the holder work locally, run a business or perform other economic activity? What is the family position?

Dependent children receive a temporary permit until they turn 25, provided they prove they are pursuing full studies; they have no right to permanence or to pensioner status, except dependent children with a proven profound disability. The official source does not state whether the holder may work locally, run a business or perform other economic activity, or the position of a dependent spouse.

See recorded sources
Limits of the record
  • The source does not state whether the holder may work locally, run a business or perform other economic activity.
  • The position of a dependent spouse is not stated.
  • https://www.migracion.gob.pa/wp-content/uploads/02-JUBILADO-PENSIONADO-1.pdf
    3. En los casos de hijos dependientes, su permiso será temporal hasta que cumplan veinticinco (25) años siempre y cuando prueben que realizan estudios completos, no obstante, no tendrán derecho a la permanencia ni a la condición de pensionado. A excepción de aquellos hijos dependientes que sufran una discapacidad profunda comprobada.

How long is the status granted, what is required for renewal, what physical-presence obligations matter, and what longer-term residence direction exists?

The permit is indefinite and does not require an extension. The official source does not state a physical-presence obligation or a citizenship or further residence direction.

See recorded sources
Limits of the record
  • No physical-presence obligation is stated.
  • No citizenship or further residence direction is stated.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

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