¿YaHave you decided to move to Panama and want to know what to do, in what order, and how long it will take? This is the practical and legal guide that will help you do it stress-free.
Step 1 – Choose the reason you are moving (this defines your visa)
Panama offers various immigration options for U.S. citizens, but the first step is to define your profile:
| Your situation | Ideal Visa or Permit |
| · You work remotely for the US. | Ø Short-stay visa as a remote worker |
| · Are you going to invest in real estate or open a business? | Ø Qualified Investor or Friendly Countries |
| · You are retired with a monthly pension | Ø Pensioner Visa |
| · You want to live without working, with your own funds | Ø Own Economic Solvency |
The type of visa you need determines the documents you need and the legal process. Don’t worry: we’ll help you choose the best one.
Step 2 – Prepare your documents from the US.
These documents are required for most immigration procedures in Panama:
- Valid passport (minimum 6 months before expiration)
- Apostilled criminal record certificate
- Proof of income (bank statements, contract, tax return)
- Proof of address in the USA
- Family documents (marriage certificate, birth certificate if applicable)
- 2 passport-sized photos
All documents must be apostilled in the U.S. before sending them to Panama. We can help you prepare them correctly.
Step 3 – Travel to Panama (optional, but recommended)
Although many parts of the process can be done without your presence, coming to Panama will allow you to:
- Open a bank account in person
- Sign some documents with a local notary
- Get to know neighborhoods and see housing options
- Get your immigration interview done faster
Many clients travel for a week, complete everything they need, and then return while their process continues.
Step 4 – Decide whether you will rent or buy
We can help you:
- Rent housing in safe, family-friendly, and well-connected areas
- Buying properties if you are applying for an investment visa
- Contact bilingual schools for your children
- Get to know areas such as San Francisco, Costa del Este, Clayton, Altos del María or Boquete
Step 5 – Process your legal residency
Our team is responsible for:
- Submit your application to Immigration
- Coordinate legalizations, translations and payments
- Assist you at every appointment or signing
- Open your company if you will apply through business
- Follow up until you obtain your resident ID card
Processes usually take 1 to 3 months, depending on the type of visa.
Step 6 – Open your bank account
Panama has a robust banking system, but it requires:
- Physical presence
- Bank reference letter
- Proof of income or economic activity
We help you to:
- Choosing the best bank for foreigners
- Prepare the documents
- Schedule an appointment and accompany you if you wish.
Step 7 – Establish your new life in Panama
Once you have your residency, you can:
- Enroll in private or public health services
- Process your Panamanian driver’s license
- Register your children in schools
- Access discounts as a resident (retiree or pensioner)
Why do it with our firm?
At LAC LEGAL we offer you:
- Firm with extensive experience in immigration and relocation
- Bilingual lawyers with personalized service
- Full support: visa + bank account + business opening + taxes
- Plans for individuals, couples, families or executives
Ready to move?
- Schedule a free video call with our attorneys
- Contact us by WhatsApp or email
Moving to Panama isn’t complicated if you’re accompanied by a team that has done it dozens of times with families like yours.