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Panama · Independent means

Panama Retired Private-Income Residence (Five-Year Permit)

12 facts quoted from the official source

For an applicant receiving qualifying monthly interest from a fixed deposit at Banco Nacional de Panama or Caja de Ahorros.

Route type
Independent means
Can bring
—
Not stated in the official source
Requirements
7
each quoted below
Who qualifies

Who this route is for

Every item below is the government’s own wording, quoted from the official source. Whether you personally qualify depends on your full profile.

7 requirements quoted from the official source.

The conditions that decide it
  • Deposit Holding Years Minpor un periodo mínimo de cinco (5) añoschecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Medical screeningCertificación Bancaria del Banco Nacional de Panamá o la Caja de Ahorros, que acredite el monto del plazo fijo, el interés que genera, la duración del mismo y que se encuentra libre de gravámenes.checked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Monthly Income Balboas Minuna renta mensual de ochocientos cincuenta balboas (850.00)checked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Personal Background Declaration RequiredCertificación Bancaria del Banco Nacional de Panamá o la Caja de Ahorros, que acredite el monto del plazo fijo, el interés que genera, la duración del mismo y que se encuentra libre de gravámenes.checked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Qualifying Public Bank Interest Income Requiredprovenga exclusivamente de intereses producto de depósito a plazo fijo en el Banco Nacional de Panamá o la Caja de Ahorrochecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Translation or legalisationCertificación Bancaria del Banco Nacional de Panamá o la Caja de Ahorros, que acredite el monto del plazo fijo, el interés que genera, la duración del mismo y que se encuentra libre de gravámenes.checked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
What you’ll show with your application

Paperwork you prepare — it does not rule you out.

  • Passport or travel documentCertificación Bancaria del Banco Nacional de Panamá o la Caja de Ahorros, que acredite el monto del plazo fijo, el interés que genera, la duración del mismo y que se encuentra libre de gravámenes.checked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
Also stated by the source
  • Eligibility summaryprovenga exclusivamente de intereses producto de depósito a plazo fijo en el Banco Nacional de Panamá o la Caja de Ahorrochecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Official source basisprovenga exclusivamente de intereses producto de depósito a plazo fijo en el Banco Nacional de Panamá o la Caja de Ahorrochecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Report summaryEste Permiso se otorgará por un período de cinco (5) años, el cual se podrá Prorrogar por igual términochecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
Family

Who you can bring

— Not stated in the official source. The official page for this route does not address dependent-family rights, so we do not publish a claim either way.
Costs & timelines

What the source prices

Validity
2 proven from the official source.
  • Permit Validity YearsEste Permiso se otorgará por un período de cinco (5) años, el cual se podrá Prorrogar por igual términochecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
  • Renewal Once YearsEste Permiso se otorgará por un período de cinco (5) años, el cual se podrá Prorrogar por igual términochecked 2026-08-03 · Decreto Ejecutivo 320/2008, arts. 196–199, modified by Decreto Ejecutivo 26/2009; SNM checklist checked 3 August 2026
How it works

From here to a yes

See if you qualify — freeThe 3-minute check scores your profile against every Panama route at once, this one included. No signup, no card.
Get your full report — €10One personalised report ranks every route you can actually get, with the full requirement set for your profile — so you apply for the right one.
Apply with the official sourceThe application itself always happens with the government — the enacting authority linked below. The report points you straight at it.
FAQ

Straight answers

01Who qualifies for this route to Panama?
The official source states: For an applicant receiving qualifying monthly interest from a fixed deposit at Banco Nacional de Panama or Caja de Ahorros.

Every answer is quoted from the official migracion.gob.pa page for this route, last read 2026-07-26.

We checked 12 points against the official source; 12 are quoted on this page. The other 0 are either not addressed by the source or not yet backed by a quote — we would rather show you the edge of the record than fill it with a plausible guess.

See the 0 open points

Fees and processing time are not published in the official source for this route. We publish a number only when the official text states that number.

Not stated in the official source — the official source names no exclusion for this route.

The source

Where every quote comes from

Official government source migracion.gob.paLast read 2026-07-26 Every quote on this page is from this Panama government page.
Compiled from official sources · pending independent re-check · Last checked 2026-07-26 · Our methodology
 · Compiled by António Mira · How we verify · Not legal advice — rules change; confirm with the official source before deciding.
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1 other independent means route to Panama.

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