The Panama Italy Visa is a special bilateral agreement designed exclusively for Italian passport holders and their families. It offers one of the most affordable and flexible paths to permanent residency in Panama, with no investment requirements and the ability to include family members of any nationality.
Key Advantages of the Panama Italy Visa
Exclusive for Italians
Special bilateral agreement available only to Italian passport holders and their dependents.
No Investment Required
Unlike other visas, no property purchase or large investment needed. Only $5,000 in a Panamanian bank account.
Family Inclusion
Your spouse and children can be included – regardless of their nationality.
Optional Work Permit
Obtain both permanent residency and a work permit, allowing you to live and work in Panama.
Perfect Plan B
Secure permanent residency without the financial burden or visit requirements of other programs.
Program Overview
Residency Type
Permanent Residency
Eligibility
Italian passport holders + dependents (any nationality)
Minimum Bank Balance
$5,000 USD in a Panamanian bank account
Investment Required
None
Work Permit
✓ Optional
Probationary Period
None – direct permanent residency
Family Members
Spouse and children (any nationality)
Eligibility Requirements
Italian Passport Holder
The main applicant must be an Italian citizen holding a valid Italian passport. Residency in Italy is not required – Italians living anywhere in the world can apply.
Proof of Economic Activity
Applicants must demonstrate their intention to engage in economic activities in Panama. This requirement is designed to show contribution to Panama’s economy.
Flexible Solution: We can help devise a cost-effective and legally compliant solution to fulfill this requirement without the need for extensive investments or active business operations. This is what makes the Italy Visa uniquely accessible.
Panamanian Bank Account
To qualify for the Panama Italy Visa, applicants must have a Panamanian bank account with a minimum balance of $5,000. This requirement ensures financial stability during your residency in Panama. The flexibility of this visa is evident here, as it doesn’t mandate substantial investments, making it one of the most affordable visa options in Panama.
Additionally, our team can assist you in opening a Panamanian bank account online before your trip to Panama, ensuring a smooth and hassle-free process.
Required Documents: Complete Checklist
For the Main Applicant:
1 Valid Italian Passport
Must be valid for at least one more year
2 Police Clearance Certificate
• Not older than 6 months
• Must have Apostille
• Name must match passport exactly
• All applicants must be of good repute
3 Passport Photos
5 recent passport-sized photos
4 Bank Certificate
Proof of $5,000 balance in a Panamanian bank account
5 Health Certificate
Issued by a licensed Panamanian doctor (we coordinate)
Additional Documents for Married Couples:
6 Marriage Certificate
• Not older than 6 months
• Must have Apostille
• Certified copy or extract from marriage register
Additional Documents for Children:
7 Birth Certificate (for children only)
• Not older than 6 months
• Must have Apostille
• Certified copy or extract from birth register
Application Timeline
The Panama Italy Visa process typically requires two visits to Panama. Below is a detailed breakdown of what to expect.
First contact with our law firm
Email us all documents in advance for review, as only complete applications can be submitted.
1st trip to Panama
Coordinate your dates with our office in advance. Application First appointment in our office, passport registration, formal application Photo session immigration: temporary IMMIGRATION ID CARD and Multiply Visa Personal presence required
Aplication Processing
Notification We collect your resolution for you.
2nd trip to Panama
Coordinate your dates with our office in advance. Trip to Panama required Photo session immigration: permanent IMMIGRATION ID CARD + CEDULA Personal presence required
What We Prepare For You
Notarized Passport Copy
We handle notarization during your first visit
Document Translation
We coordinate official translation of all documents
Application Forms
We prepare all forms in advance for your signature
Health Certificate Guidance
We coordinate with certified Panamanian doctors
Economic Activity Solution
We devise a cost-effective, legally compliant solution to meet the economic activity requirement
Full Representation
We submit and monitor your application throughout
What You’ll Pay: A Transparent Fee Breakdown
Residence Permit Only (Single Applicant)
- Legal fees (our services): from USD 2,390.00*
- Government fees & basic expenses (per person): approx. USD 889.00**
Couple (main applicant + spouse, same file)
- Legal fees (our services): from USD 3,687.00
- Government fees & basic expenses (both applicants): approx. USD 1,778.00** for both applicants together*
Important
*These amounts refer to the residence permit only. Legal services for company set-up and/or bank account opening (proof of economic activity, corporate structure, banking compliance, etc.) are charged separately according to our respective fee schedules.
**Government fees and basic expenses are calculated per person and typically include notary fees, health certificate, temporary and permanent residence cards, the E-Cédula (Panamanian ID card) and other related local expenses. Third-party costs (such as translations, apostilles in the country of origin etc.) are not included and will be invoiced separately according to actual expenses.
Frequently Asked Questions
Do I need to live in Italy to apply?
No. Italians residing anywhere in the world are eligible.
Can my non-Italian spouse be included?
Yes. Your spouse can be included regardless of their nationality.
What if my children were born outside Italy?
Children of Italian passport holders can be included regardless of their birthplace or nationality.
What does "economic activity" mean? Do I need to start a business?
Not necessarily. We can help structure a simple, cost-effective way to meet this requirement without running an active business.
Can I open a bank account remotely?
Yes. We can assist with opening your Panamanian bank account online before you travel.
Is there a minimum stay requirement?
You must visit Panama at least once every two years to maintain residency, but no minimum annual stay is required.