Pensionado Visa Panama Guide 2026 - Global Citizen Solutions
This article is a summary of reporting by Global Citizen Solutions. Originally published January 1, 2026.
Panama's National Immigration Service manages the Pensionado permit, granting immediate and indefinite permanent residency to foreigners with a guaranteed monthly lifetime pension of at least $1,000. Under Ley 6 of 1987, qualifying retirees receive statutory discounts including 50% off entertainment and weekday hotel stays, 25% off restaurant dining and airfare, and 15% to 20% off healthcare consultations and prescription medicines. The country's use of the U.S. dollar as legal tender eliminates exchange-rate risks for dollar-denominated pension earners. In addition, qualifying applicants enjoy duty-free import allowances on household goods and vehicles, facilitating an affordable lifestyle in expat regions like Boquete and Coronado.
AI Summary
An in-depth breakdown of the Panama Pensionado Visa explains requirements, permanent residency perks, and wide-ranging discounts under Panamanian law.
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