LOOKING FOR PENSIONADA VISA & PERMANENT RESIDENCY IN PANAMA
WE ARE THE PANAMA TRUSTED IMMIGRATION ATTORNEYS
GREAT NEWS: If you are receiving a PRIVATE OR GOVERNMENT PENSION of $1,000. per month, we can assist you to obtain pensionada visa residency in Panama.
A COMPLETE IMMIGRATION RETIREMENT & RELOCATION GUIDE
Panama is ranked No. 1 destination for retirement according to the recent New York Times article. Panama retirement visa residency program is known for its one of a kind in the world since Panama is the only country that provides many discounts and benefits to all retirees.
PENSIONADA VISA REQUIREMENTS
Minimum of 18 years of age
A Valid Passport
Proof of pension of $1,000. per month, apostiled & authenticated
Original Police Report, apostiled & authenticated ( FBI report for US citizens )
BENEFITS OF RETIRING IN PANAMA
Did you know that Panama is the only country in the world that provides a great deal of discounts and benefits to retirees. Some of the benefits include:
- 15% discount on hospitals & clinics
- 20% discount on pharmacy
- 25% discount in restaurants
- 25% discount on utility such as electric & water bills
- 25% discount on airline tickets
- 50% discount on cinemas & theaters
- 30-50% discount on hotels
- Tax exemption for importing household goods
- Tax exemption importing a new vehicle every two years
HOW TO APPLY FOR PENSIONADA VISA?
STEP 1: Upon client's arrival in Panama, it is required to notarize the power of attorney and register client's passport with the Panama immigration office.
STEP 2: We complete the required documents and submit the applicant's documents to the immigration office for pensionada visa. Upon approval, the immigration office, grants TEMPORARY PENSIONADA VISA to clients on the same day and is valid for 6 months.
STEP 3: Panama immigration office diligently review the applicant's required documents and upon approval process, will grant applicants PERMANENT PENSIONADA VISA RESIDENCY.
CONSULT WITH AN IMMIGRATION EXPERT NOW!
We have made it simple & easy for retirees to relocate to Panama. A Pensionado visa in Panama allows a person to live and retire in the country for as long as they want. The visa comes with permanent residency and offers a great deal of benefits. Simply follow our 3 steps instructions and we'd take care of the rest.
PENSIONADA VISA RESIDENCY IN 3 STEPS:
- STEP 1. GET IN TOUCH WITH US TO RECEIVE THE VISA RESIDENCY APPLICATION FORM
- STEP 2. FEDEX US THE REQUIRED DOCUMENTS
- STEP 3. TRAVEL TO PANAMA AND CLAIM YOUR PENSIONADA VISA RESIDENCY
FREE CONSULTATION
EMAIL: customer@panamalegalcenter.com
WHY CHOOSE OUR IMMIGRATION LAWYERS?
1. We are expert immigration lawyers and have been serving retirees for the past 15 years
2. We provide FIRST CLASS SERVICE to our clients
3. We offer SPECIAL PENSIONADA VISA DISCOUNT (CODE 507)
WHY TO RETIRE IN PANAMA?
TOP reasons why PANAMA relocation should be in your mind? ;
- Panama is a secure country and crime rate is very low
- Cost of living is much lower when compared to USA
- Panama currency is US dollar
- No minimum days in Panama: Retirees can travel or live part-time in other countries without risking their residency status
- Panama proximity to US ( 3 hours flight to Miami )
- Friendly people of Panama welcome American citizens
- Tropical climate all year around
- Stress free environment to enjoy your golden year
- Enjoy beautiful beaches and lush mountain view lifestyle
Why are people retiring in Panama?
Panama is beautiful and is very affordable for retirees. Friendly people of Panama welcome Expats and Panama offers great discounts to retirees.
Where is the cheapest place in Panama to retire?
Affordable living options include El Valle, San Carlos and Chiriqui areas.
Is Panama a safe place for retirees?
Panama is one of the safest countries in Central America. That’s why it is home to thousands of expats and international businesses.
Does Panama welcome expats?
Beyond a shadow of a doubt, Panama welcomes foreigners.
Where is the best place to retire in Panama?
Panama has many great locations to retire. See our article on this subject.
How much do you need to retire in Panama?
Panama is affordable and a retired couple can live very well in Panama with less than $1,500. a month.
TOP 10 PLACES TO RETIRE
Bocas Del Toro Las Tablas Pedasi Isla Grande Taboga | Coronado Boquete San Carlos El Valle de Anton Santa Catalina |
PANAMA HEALTHCARE SYSTEM FOR EXPATS; HOW IT WORKS
Panama health system is very good and there are modern hospitals and specialists of all kinds. Depend on your budget, you may choose the healthcare system that works for you. US expats and retirees can insure themselves with a fraction of cost when compared to US healthcare system. Retirees many choose from;
- Public healthcare: Panama’s government offers two primary health insurance options:
- 1.The public system is managed by the Social Security Fund, which covers Panamanian workers who contribute to the Social Security fund every month. US EXPATS who do not have private insurance coverage, may go to the Social Security facilities such as clinics and hospital and will be attended by medical professionals.
- 2. US EXPATS may also use a low cost public health care system provided by the Ministry of Health and is available for anyone
- Private healthcare: Many US EXPATS opt for private insurance coverage since private facilities provide a comprehensive coverage and no waiting time for a monthly premium. Premiums for private insurance plans aremuch cheaper than US health care and depends on the coverage, it may run between $100 to $500. a month.
CONTACT US TODAY IF YOU HAVE ANY QUESTIONS ABOUT INSURANCE SYSTEM IN PANAMA.
PROS OF RETIRING IN PANAMA
- Lower cost of living
- No risk of double taxation on income from outside of Panama
- Beautiful, diverse landscapes
- Great tropical weather
- Safer country to retire
- Government discounts for retirees
- High-quality healthcare
- Close proximity to the US
- Relax & stress free living
ESTIMATED MONTHLY EXPENSES TO RETIRE IN PANAMA
| MONTHLY LIVING EXPENSES | Single | Couples |
|---|---|---|
| Furnished Rental Condo in Panama City | $500 | $700 |
| Electricity | $70 | $130 |
| Water | $20 | $30 |
| Gas | $10 | $15 |
| Cleaning services | $25 | $50 |
| Internet 150 Mbps speed | $50 | $50 |
| Cellphone | $25 | $50 |
| Cable TV | $50 | $50 |
| Healthcare Insurance | $100 | $200 |
| Public Transportation | $50 | |
| Gasoline | $50 | $100 |
| Car Maintenance ( in case owns a vehicle | $100 | $200 |
| Groceries | $150 | $400 |
| Entertainment (dining out & other activities 3 times weekly) | $100 | $200 |
| Other expenses | $100 | $200 |
| Total monthly expenses | $1,500. | $1,800. |
PROCESS & DOCUMENTS FOR PENSIONADA VISA
YOU MUST TRAVEL TO PANAMA TO RECEIVE YOUR PROVISIONAL & PERMANENT RESIDENCY CARD. According to the immigration laws, applicants must hire a Panama lawyer to apply for pensionada visa. The following documents must be submitted:
- Notarized Power of attorney
- A valid passport
- 5 passport size photos
- Applicant must be 18 years of age or older
- Panama certificate of good health
- Authenticated ( Apostiled ) Proof of pension of $1,000. per month
- Authenticated ( Apostiled ) FBI report
PANAMA LEGAL CENTER
PANAMA TRUSTED IMMIGRATION LAWYERS