What is Panama's Friendly Nations Visa?

The Friendly Nations Visa grants Panama permanent residency to nationals of approximately 50 designated countries who demonstrate economic ties to Panama — either employment, company ownership, or professional activity. Processing typically takes 3–6 months.

Does Panama's territorial tax really exempt all foreign income?

Yes. Panama only taxes income with a Panamanian source. Income from employment, consulting, dividends, or investments where the activity or source is outside Panama is fully exempt from Panamanian income tax. Nomadic Go does not provide tax advice — verify with a qualified Panamanian tax professional.

Are there nationality restrictions for Panama?

Panama's Friendly Nations Visa is restricted to nationals of the designated country list — not all nationalities qualify. Nationals of OFAC-sanctioned countries face significant restrictions. The qualifying country list changes and should be verified before purchasing. Contact our support team for a current eligibility check.

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Explore visas, banking support, company formation and compliance services in Panama, plus curated solution bundles with fixed pricing and expert handling.

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Banking Support

Panama Personal Bank Account Support

4–6 weeks

from $999.00

Government and authority fees are separate from our service fee. Nomadic Go does not guarantee approval and does not provide tax advice.

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