{"id":1238,"date":"2024-05-22T11:47:29","date_gmt":"2024-05-22T11:47:29","guid":{"rendered":"https:\/\/expatcircle.com\/cms\/?p=1238"},"modified":"2024-05-22T21:59:47","modified_gmt":"2024-05-22T21:59:47","slug":"panama-digital-nomad-visa","status":"publish","type":"post","link":"https:\/\/expatcircle.com\/cms\/panama-digital-nomad-visa\/","title":{"rendered":"Panama Digital Nomad Visa"},"content":{"rendered":"

\"Panama<\/p>\n

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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.<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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Visa category<\/strong><\/p>\n

Short stay Visa under Executive Decree No. 198<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

What are the visa fees\/charges?<\/strong><\/p>\n

\u2022 National immigration service: US$250
\n\u2022 Visa Card: US$50<\/p>\n

Is there a minimum income threshold applicable for digital nomad\/remote work visa?<\/strong><\/p>\n

US$36,000 Annually<\/p>\n

Are digital nomad\/remote work visa holders subject to income tax?<\/strong><\/p>\n

No, provided the source of income is international<\/p>\n

Are digital nomad\/remote work visa holders subject to social security contributions?<\/strong>
\n–<\/p>\n

Is there Double Taxation Agreement (DTA) relief available in the country?<\/strong><\/p>\n

Yes<\/p>\n

Is there an income tax requirement in the country, in general?<\/strong><\/p>\n

Yes<\/p>\n

Is there a social security requirement in the country, in general?<\/strong><\/p>\n

Yes<\/p>\n

Are criminal checks required for this visa?<\/strong><\/p>\n

Required clean criminal record<\/p>\n

For how long is the digital nomad\/remote work visa valid?<\/strong><\/p>\n

9 months with an option to renew once for an additional 9 months<\/p>\n

Is the applicant bound to any work restraints\/limitations?<\/strong><\/p>\n

The applicant can not provide his services to any employer in Panama<\/p>\n

What are the standard requirements for the digital nomad\/remote work visa?<\/strong><\/p>\n

\u2022 Proof of medical insurance for stay duration
\n\u2022 Three passport sized photographs
\n\u2022 valid passport
\n\u2022 Certificate of good health
\n\u2022 Clean criminal record
\n\u2022 Certificate of good health
\n\u2022 Affidavit of non-acceptance of work offer in Panama
\n\u2022 Proof of income and subsistence<\/p>\n

Which countries are eligible to apply for the digital nomad\/ remote work visa?<\/strong><\/p>\n

Available for all nationals<\/p>\n

Is applicant required to provide proof of employment?<\/strong><\/p>\n

\u2022 For applicants working in offshore countries, a documented proof from foreign country, including general data, proof of work and income is required
\n\u2022 For self-employed applicants, proof of company’s ownership indicating its registration outside Panama is required<\/p>\n

Cost of living index<\/strong>: 48.2 – (59 out of 140)<\/p>\n

Internet fixed:<\/strong>\u00a0114.39 Mbps Median- speedtest.net Feb 2023<\/p>\n

Internet mobile<\/strong>: 17.19 Mbps Median – speedtest.net Feb 2023<\/p>\n

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Interested in 2nd Passport, residencies, tax savings, Backup plan?<\/strong>\u00a0Talk to us<\/a>.<\/p>\n

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\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[29],"tags":[],"class_list":["post-1238","post","type-post","status-publish","format-standard","hentry","category-digital-nomad-visa"],"_links":{"self":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/posts\/1238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/comments?post=1238"}],"version-history":[{"count":3,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/posts\/1238\/revisions"}],"predecessor-version":[{"id":1341,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/posts\/1238\/revisions\/1341"}],"wp:attachment":[{"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/media?parent=1238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/categories?post=1238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/expatcircle.com\/cms\/wp-json\/wp\/v2\/tags?post=1238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}