Friendly Nations Residency Visa In Panama - How To Apply, How Much To Invest, Eligible Countries

Hey there! If you hold a passport from the United States, Canada, much of Europe, or one of 56 “friendly” nations, establishing yourself in Panama could be easier than you think.

In a recent conversation with Ryan and Tamara from The Independent Lawyer, I learned about the Friendly Nations residency Visa — a program designed to make it simple for people from select countries to live, work, and invest in Panama.

In this article, I’ll walk you through:

1. Who can apply,

2. The two ways to qualify,

3. How much you need to invest, and

4. Why this program continues to be Panama’s most popular residency option.

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Let's dive right in!

Why Is This Visa So Popular?

The Friendly Nations Visa is often the first step for newcomers.

During our conversation, Ryan shared that it’s been the go-to for expats for over a decade.

He even used it himself when he first moved to Panama.

Why?

Because it combines:

1. Speed: Faster processing compared to other residency visas.

2. Affordability: A lower investment threshold than most other programs.

3. Flexibility: Two distinct paths — one through employment and one through investment.

Two Ways to Qualify

You can get the Friendly Nations Visa in one of two ways:

1. Employment route: Secure a work contract with a Panamanian company.

2. Investor route: Make an investment of $200,000 in either:

1. Real estate (which can be financed, as long as your equity is at least $200,000), or

2. A certificate of deposit (CD) in a Panamanian bank, held for at least three years.

This dual-path approach makes the visa appealing whether you’re moving for work or planning to invest in Panama.

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Which Countries Are Eligible?

There are currently 56 nations on Panama’s Friendly Nations list.

Some examples include:

1. North America: United States, Canada

2. Europe: Spain, Germany, Italy, the United Kingdom, Norway, Switzerland

3. Latin America: Argentina, Chile, Uruguay

4. Asia-Pacific & Israel: Israel, Japan, Australia, New Zealand, Singapore

(If your country isn’t on this list, it’s worth checking with a lawyer — the full list is surprisingly broad.)

The Independent Lawyer team can guide you through processes like this with ease. Learn more about them here: The Independent Lawyer Review - Boutique Law Firm In Panama

What Makes It Worth Considering?

This visa offers a two-year temporary residency that can be converted into permanent residency, giving you the freedom to truly settle in Panama.

It also allows you to include your spouse and dependent children on your application, making it a great option for families.

And beyond the paperwork, you gain access to one of Latin America’s most dynamic, business-friendly countries — with modern infrastructure, a US-dollarized economy, and endless lifestyle perks.

Is It the Right Choice for You?

If you’re from one of the Friendly Nations, want a lower investment option, or prefer the flexibility of starting with a temporary residency before going permanent, this could be your ideal pathway into Panama.

Ready to Make the Move?

Getting residency doesn’t have to be complicated.

Use coupon code VOVA to save 10% on services from The Independent Lawyer and take the first step toward living, working, or investing in Panama.

Get Started with The Independent Lawyer Now

Panama offers more than a visa — it’s a chance to build a new chapter in a country that welcomes you with open arms.