Index | Ranking | Score |
|---|---|---|
Overall Ranking
| 17th | 90.8 |
Procedure Index
| 39th | 65.2 |
Citizenship and Mobility Index
| 21st | 88.5 |
Quality of Life Index
| 22nd | 70.0 |
Tax Optimization Index
| 6th | 87.7 |
Costs and Invest Index
| 4th | 98.5 |
Category | Details |
|---|---|
Legal Provision
| Pensionado Visa — Pensionado (Jubilado Pensionado) visa — Decreto Ley 3 of 2008 + Decreto Ejecutivo 320/2008 (Art. 200); discounts under Ley 6 of 1987 (am. 2012), enforced by ACODECO. Administered by Servicio Nacional de Migración (SNM). |
Region
| Americas |
Income Requirements
| $1,000/mo lifetime pension — or $750/mo with property purchase ?$100k; +$250/mo per dependent. Qualifying income: Pensions, rental, dividends, savings. |
Processing Time
| 9-18 months |
Family Member Inclusion
| Spouse children under 18, unmarried children under 25 in full-time study |
Tax Benefits
| Territorial taxation; income tax 0% – 25%. Wealth tax: None. Inheritance tax: None. Retiree benefits: Territorial tax: foreign-source income is not taxed in Panama. Plus Ley 6 statutory discounts (e.g. 25% restaurants, 50% entertainment, 50% hotels Mon–Thu / 30% weekends, 25% airfare, 15% medical) and a one-time duty-free household-goods import + vehicle tax breaks. |
Path to Citizenship
| 5 (naturalisation). Time spent on this visa counts toward the residency requirement for naturalisation. |
Dual Citizenship
| Not allowed |
