Short stay Visa under Executive Decree No. 198
What are the visa fees/charges?
• National immigration service: US$250
• Visa Card: US$50
Is there a minimum income threshold applicable for digital nomad/remote work visa?
US$36,000 Annually
Are digital nomad/remote work visa holders subject to income tax?
No, provided the source of income is international
Are digital nomad/remote work visa holders subject to social security contributions?
–
Is there Double Taxation Agreement (DTA) relief available in the country?
Yes
Is there an income tax requirement in the country, in general?
Yes
Is there a social security requirement in the country, in general?
Yes
Are criminal checks required for this visa?
Required clean criminal record
For how long is the digital nomad/remote work visa valid?
9 months with an option to renew once for an additional 9 months
Is the applicant bound to any work restraints/limitations?
The applicant can not provide his services to any employer in Panama
What are the standard requirements for the digital nomad/remote work visa?
• Proof of medical insurance for stay duration
• Three passport sized photographs
• valid passport
• Certificate of good health
• Clean criminal record
• Certificate of good health
• Affidavit of non-acceptance of work offer in Panama
• Proof of income and subsistence
Which countries are eligible to apply for the digital nomad/ remote work visa?
Available for all nationals
Is applicant required to provide proof of employment?
• For applicants working in offshore countries, a documented proof from foreign country, including general data, proof of work and income is required
• For self-employed applicants, proof of company’s ownership indicating its registration outside Panama is required
Cost of living index: 48.2 – (59 out of 140)
Internet fixed: 114.39 Mbps Median- speedtest.net Feb 2023
Internet mobile: 17.19 Mbps Median – speedtest.net Feb 2023
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