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Short Stay Visa
📅
Visa Duration
9 months
💰
Income Required
$3,000/month
⏱
Processing Time
1-3 weeks
🪙
Application Fee
$315
📡
Internet Speed
65 Mbps avg
🏘
Cost of Living
Medium
Panama City is one of Latin America's most cosmopolitan cities, offering first-world infrastructure, a dollarized economy, and a strategic position between North and South America. The territorial tax system means all foreign-sourced income is 100% tax-free for non-residents.
With 65 Mbps avg internet and a medium cost of living,Panama has become one of the most sought-after destinations for remote workers seeking a balance between quality of life and affordability. The Short Stay Visa is valid for 9 months, making it a long-term viable base for digital professionals.
The Short Stay Visa lets you work remotely from Panama for 9 months. Processing takes 1-3 weeks and the fee is $315.
Territorial tax system. Foreign income completely untaxed. Panama uses USD so no exchange rate risk.
Tax laws change frequently. This is general guidance only - always consult a qualified tax professional familiar with Panama tax law and your home country's tax treaty obligations before making decisions.
Check eligibility: Ensure your income meets the $3,000/month minimum requirement and you work remotely for a non-Panama employer.
Gather documents: Collect your employment contract or proof of business income, bank statements (3-6 months), and proof of health insurance covering Panama.
Criminal record check: Obtain a police clearance certificate from your home country, apostilled where required.
Secure accommodation: Book or lease housing in Panama - most applications require proof of where you will stay.
Submit application: Apply via the official portal (https://www.migracion.gob.pa) or through the Panama embassy/consulate in your home country.
Wait for approval: Processing takes approximately 1-3 weeks. Keep copies of all submitted documents.
Arrive and register: Upon arrival, complete any local registration requirements (e.g., tax ID, residency card pickup).
Official Application Portal
https://www.migracion.gob.paYou need to earn at least $3,000/month from remote work or a foreign business. This income must come from outside Panama - typically from a foreign employer or international clients.
The Short Stay Visa allows a stay of 9 months. The visa is renewable, allowing you to extend your stay beyond the initial period.
Territorial tax system. Foreign income completely untaxed. Panama uses USD so no exchange rate risk.
Panama has a medium cost of living for digital nomads. Monthly expenses typically range $1,200-2,000, including accommodation, food, transport, and coworking. The application fee is $315.
At a Glance