The government of Panama just passed a new law (Executive Decree 197 of the 7th of May 2021) that changes the requirements for the Friendly Nations residency program.
Beginning on the 5th of August 2021, Panama’s Friendly Nations residency program will grant a 2 year temporary residency permit, and then the applicant may apply for permanent residency.
• Permanent resident status.
• Panamanian identity card.
• Right to apply for a permanent work permit.
• Right to apply for Panamanian citizenship (passport) 5 years after obtaining permanent residence.
Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Holland, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Mexico, Monaco, Montenegro, New Zealand, Norway, Paraguay, Poland, Portugal, Republic of Korea, Republic of San Marino, Serbia, Singapore, South Africa, Spain, Sweden, Switzerland, United Kingdom, United States of America, Uruguay.
For Main Applicant only: • Be employed in Panama by a legal Panama Corporation with a formal labor contract, and a work permit.
5 working days. As a result, the applicant can walk-away with the provisional permanent residence card (of course only if all requirements are duly met.
2-3 days, after 2-3 months. As a result, the applicant can walk-away with a provisional 2 year residence card.
It is not necessary to reside in Panama permanently. You need only to visit Panama once every two years to maintain the residency status. • However, in order to apply for the Panama citizenship (passport), frequent presence in Panama would be required to show ties with the country.
Residency card
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