Two ways to cover the dependent requirement
If guaranteed pension income doesn’t fully cover the dependent surcharge, there’s an alternative route via a Panamanian bank.
What the process consists of
The programme is known as one of the world’s oldest and most accessible retiree visas — the base law dates to 1987.
How the process runs
A good fit if
A poor fit if
Who runs this programme
Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.
This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.
Frequent questions
Is there a minimum age for this visa?
Per the available data, there is no minimum age for the Pensionado programme — this sets it apart from many other regional retiree visas, which typically require 45–55+.
Can the dependent surcharge be covered without raising the pension?
Yes — per the available data, there’s an alternative: a Panamanian bank reference showing interest income from local deposits of $250/month per dependent instead of a higher pension.
Does this visa grant PR immediately or a temporary status first?
Per the available data, the Pensionado Visa grants permanent residency directly upon approval, with no intermediate temporary stage — unlike some other categories.
Up to what age can dependent children be included?
Per the available data — unmarried children under 25 if full-time students, or indefinitely with confirmed disability.
Why is there no direct link to a detailed migracion.gob.pa page?
The official Servicio Nacional de Migración homepage was fetched directly and confirms migration-permit categories exist, but a detailed Pensionado-specific page was not found in the direct crawl — the figures are additionally confirmed by convergence of independent sources.
Is there a nationality restriction to apply?
This page describes no explicit nationality restriction — the programme is traditionally open broadly; confirm the exact list with SNM or the appointed firm before applying.
Sources
Figures are for reference only. Verified against official sources on 27 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.