Panama Digital Nomad Visa

Panama Flag

Panama stands out as the most advanced country in Central America, boasting a superior standard of living, a tropical climate, stunning natural landscapes, beautiful beaches, and dynamic urban centers. Boasting high-speed internet and a cost-effective lifestyle, Panama is an ideal destination for digital nomads. In May 2021, Panama introduced the Short Stay Visa for Remote Workers, a 9-month visa that offers the possibility of a 9-month extension, enabling individuals to work remotely while enjoying all that Panama has to offer.
Visa category

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?


Is there an income tax requirement in the country, in general?


Is there a social security requirement in the country, in general?


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- Feb 2023

Internet mobile: 17.19 Mbps Median – Feb 2023


Interested in 2nd Passport, residencies, tax savings, Backup plan? Talk to us.