BENEFITS OF PENSIONADO VISA PANAMA; COMPLETE GUIDE 2025
WE ASSIST RETIREES TO OBTAIN PENSIONADO VISA
IMAGINE RETIRING & LIVING STRESS FREE IN A TROPICAL PARADISE!
Why retire in Panama? Well, Panama is known as a tropical paradise, a beautiful country with extremely friendly people and a perfect destination for retirement. For example, Panama provides an affordable cost of living, secure country, US dollar currency, excellent health care system and much more. By the way Panama is ranked No. 1 destination for retirement according to the recent NEW YORK TIMES article.
GREAT NEWS: If you are receiving a private or government pension such as social security or VA benefits of US$1,000. per month, we can assist you to obtain pensionado visa Panama residency. Panama pensionado visa program is known for its unique core by offering many discounts and benefits to retirees. Here, we will cover everything you need to know about the Panama Pensionado visa program, including how to qualify, apply and obtain pensionado visa and permanent residency.
✅ BENEFITS OF PENSIONADO VISA PANAMA
Did you know that Panama is the only country in the world that provides a great deal of benefits to retirees. Here’s the list of benefits & discounts to retirees.
✔ 15% discount on medical bills, 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
APPLY FOR PENSIONADO VISA PANAMA NOW!
EMAIL: CUSTOMER@PANAMALEGALCENTER.COM
WHATSAPP: +(507) 6404-0388
Requirements for Pensionado (Retirement) Visa Panama
To qualify for the Pensionado Visa, applicants must meet certain eligibility criteria and provide the necessary documentation. Below are the main requirements:
✔ Proof of Pension Income
Applicants must show a lifetime monthly pension of at least USD 1,000. This pension can come from a government, military, or private company. For those bringing dependents, an additional USD 250 per month per dependent is required.
The pension or retirement income must be verified through authentication by a Panamanian consulate or with an apostille seal.
✔ Police Record
Applicants need to provide a clean criminal background check from their country of residence, issued within three months before the application date and authenticate them. American citizens must submit their FBI report and Canadian citizens must submit their RCMP report. All other retirees from all over the world need to apply for their local police record and apostille them.
PENSIONADO VISA; HOW TO RETIRE IN PANAMA
If you wish to retire in Panama, we can assist you to obtain Pensionado visa. Pensionado visa grants permanent residency to retirees who are interested in relocating to Panama and enjoy their golden years in a tropical paradise. Our trusted immigration lawyers provide an affordable pathway for retirees to live in a secure country and enjoy their golden years in Panama. Spouses and dependents of retirees can also receive permanent residency in Panama. Get in touch with our immigration attorneys to see if you are qualified to apply for Panama pensioner visa.
How the Pensionado Visa Process Work?
Applying for the Pensionado Visa in Panama involves several important steps:
✅ Initial Consultation – Retirees begin by consulting our immigration attorneys to confirm eligibility and prepare the necessary documents.
✅ Document Preparation – Our trusted attorneys notify retirees of the required documents how to apostille their documents.
✅ Arrival in Panama – Retirees will fly to Panama in order our lawyers can process their pensionado visa
- Temporary Residency – A temporary residency card is issued once we file retirees’ documents with the immigration office.
- Permanent Residency – Upon approval, the immigration office grants permanent residency to retiree.
How to Open a Bank Account in Panama?
Our immigration lawyers would assist retirees to open a bank account in a local bank in Panama. Panamanian banks require proof of income, bank references, and personal identification for account setup.
Why Panama Is a Top Retirement Destination?
Beyond the pensionado visa benefits, Panama’s overall lifestyle makes it a top retirement destination. The country offers a blend of modern conveniences and natural beauty—from the bustling city life of Panama City to the cooler mountain climate of Boquete. Retirees enjoy a safe environment, affordable living, and access to both Caribbean and Pacific beaches.
Additionally, Panama’s use of the U.S. dollar and well-developed banking system simplifies financial management for foreign retirees. The warm, friendly locals and growing expat community also help newcomers settle in quickly.
BEST PLACES TO RETIRE IN PANAMA
| Bocas Del Toro – Coronado – las Tablas – Boquete -Pedasi -Isla Grande – El Valle de Anton – San Carlos – Santa Catalina – Taboga |
CONSULT WITH OUR PANAMA IMMIGRATION LAWYERS TO RETIRE IN PANAMA!

HOW RETIREES BENEFIT FROM HEALTHCARE SYSTEM IN PANAMA?
Panama healthcare system is excellent and there are many modern hospitals and specialists in Panama. Retirees and expats can use the Panama public healthcare system and or insure themselves with a fraction of cost when compared to US healthcare system.
✔ Public healthcare system: Panama government provides health care to retirees and residents of Panama. The public system is managed by the Panama Social Security Fund, which covers Panamanians who contribute to the Social Security fund every month. Even though Expats do not have private insurance coverage, they may utilize the public health care system such as clinics and hospital for a small fee and will be attended by Panamanian doctors & professionals.
✔ Private healthcare system: Many expats opt for a private insurance coverage since private facilities provide a comprehensive coverage and there is no waiting time. Insurance premiums for private insurance plans are much cheaper than US health care plans and monthly premiums are very affordable and run between $50. to $150. per month.
WHY CHOOSE OUR IMMIGRATION LAWYERS FOR PENSIONADO VISA?
At Panama Legal Center, our trusted immigration lawyers have made it easy for retirees to apply and obtain their permanent residency. Simply get in touch with us via Email or WhatsApp and we respond to your inquiry.

EMAIL: CUSTOMER@PANAMALEGALCENTER.COM
WHATSAPP: +(507) 6404-0388

