Panama country guide
Passive income · Last checked 2026-08-08
Rentista Retirado
At least B/.850 in monthly interest from a qualifying five-year deposit at Banco Nacional de Panamá or Caja de Ahorros
Panama's retired-rentier route is a five-year renewable residence permit based exclusively on at least B/.850 in monthly interest from a qualifying state-bank fixed-term deposit.
- Country
- Panama
- Applicant basis
- At least B/.850 in monthly interest from a qualifying five-year deposit at Banco Nacional de Panamá or Caja de Ahorros
- Responsible authority
- Servicio Nacional de Migración
- Official route status
- Current official route
- Information available
- Detailed guide
- Last checked
- 2026-08-08
Supported requirements
What the current source supports
- Generate at least B/.850 per month exclusively as interest from a fixed-term deposit at Banco Nacional de Panamá or Caja de Ahorros.
- Keep the qualifying deposit unencumbered and contracted for at least five years.
- Provide the current common residence documents together with the bank certification and authenticated fixed-deposit certificate.
- Provide responsibility and relationship evidence for any dependent included in the filing.
- Maintain the qualifying deposit and interest basis throughout the granted period.
Applicant scope
Who this route generally serves
- Generally designed for
- Applicants able to lock an unencumbered deposit for at least five years at Banco Nacional de Panamá or Caja de Ahorros and derive the required monthly interest.
- Legal basis named by the authority
- Decree Law 3 of 2008, its migration regulation, and the current SNM retired-rentier checklist.
Route lifecycle
What to confirm from application onward
- Financial basis
- At least B/.850 per month in interest from the qualifying state-bank deposit. The checklist expresses the test as income, not a universal principal amount.
- Government service fees
- The cited route checklist does not establish a complete current numeric fee package, so no filing total is published.
- Initial status
- Residence for five years.
- Renewal
- The permit may be renewed for another five-year period while the requirements remain satisfied.
- Dependents
- Dependents require relationship and responsibility documents; no numeric dependent increment is stated in the cited checklist.
- Work rights
- No general local-employment right is inferred from the passive-interest basis.
- Presence considerations
- No route-specific physical-presence minimum is stated in the cited checklist.
- Permanent residence
- The checklist describes a five-year renewable permit and does not recast it as automatic indefinite permanent residence.
- Citizenship relationship
- Panamanian nationality is separate and is not established by this deposit-income permit.
Official evidence
Sources for this route
General planning information only—not legal, tax, or investment advice. A listed route does not determine eligibility. Verify current rules with the responsible authority before acting.