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PENSIONADO VISA PROGRAM

If you are looking for the best place in the world to retire, Panama is the one to choose and we are ready here at BERLIZA AROSEMENA LEGAL SERVICES to make this process easier for you.  Our professional team counts on Bilingual Lawyers, Certified Public Translators, Licensed Realtors, Licensed Insurance Brokers, and Licensed Custom Brokers.  

 

If you still don’t know why Panama is the best place to relocate or retire we will list for you some nice facts about Panama that you may not know:


 

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A great part of the population is bilingual (Spanish-English) or can get by in English.

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The US Dollar is the official currency of the Republic of Panama since 1904

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Panama has the second largest Banking Center in the World.

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Entertainment in Panama is inexpensive and you can find world-class restaurants,

         nightclubs, casinos, etc.

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The purchase of Real Estate is affordable and you will have a wide range of choices

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Foreigners can buy and own titled property without restrictions

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You can go from the Pacific Ocean to the Atlantic Ocean in approximately one hour by car.

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Panama’s weather may not be cool or template as desired by many newcomers, but

         it is important that Panama does not suffer from natural disasters such as hurricanes or   

         earthquakes.

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Pinkerton Global Intelligence services have rated Panama as a safe and secure place

         for tourists (Safest place in Central or South America).

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Telecommunications are in a very high level.  You can find internet cafes in every other

         corner paying as little as 0.50 cents of dollar for one hour of use and international calls

         rates are very low (Approx. 0.06 cents per minute to USA and Canada).

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Panama Colon Free Zone is the largest duty free zone in the Western Hemisphere and the second largest in the world.


 

Some special benefits

 

  • 20% off medical consultations

  • 10% off prescription medicines

  • 25% off airline tickets (tickets bought in Panama)

  • Import duty exemption for household goods

  • 25% off at restaurants – 15% off at fast food restaurants

  • 15% off hospital bills

  • 25% discount on utility bills

 

Requirements to obtain the TURISTA PENSIONADO status in Panama

 

  • Power of attorney

  • Good health certificate issued within the three months prior to the date of request.

  • Photocopy of all the pages of the passport authenticated before a notary in Panama.

  • Four (4) passport size pictures

  • Police Record issued within the last 6 months

  • Original passport (should not expire within the next six (6) months)

  • A document certificating that you are a retiree or pensioner from a foreign government, international organization or private company.

The document should state that you receive monthly a minimum income or pension of US$500.00 or its equivalent in a foreign currency.  If you have dependents the income or pension should add US$100.00 per dependent.

If you are a retiree from a private company, you should produce documents that certify that the company is operating; also evidence that the pension is being paid (check stubs, bank statement showing wire transfers, etc.)

 

 IMPORTANT NOTE:  Every document issued outside Panama in a foreign language should be translated to the Spanish language by a certified public translator and stamped at the closest Panamanian consulate to your place of residency or Apostilled by the local organization in charge of this.

At BERLIZA AROSEMENA LEGAL SERVICES we will provide you with official translations (English to Spanish) of your immigration documents at no cost.

 

For your immigration inquiries contact us today, we will give you personalized attention.  Our lawyers are available 24/7 to take care of your needs.