On May 7th, 2021, the Panamanian government created the short-term visa for remote workers or digital nomads through law 198.
Panama is one of the most popular destinations in Central America and is famous for its financial sector, beaches on the pacific and Atlantic seas, mountains, and colonial and contemporary architecture.
The country has vast biodiversity, with over 700 animal species unique to the country and more than 978 bird species, making it a special place for people looking to explore nature in different ecosystems.
Suppose you are looking for a destination where you can experience nature, enjoy pristine beaches to enjoy or surf, walk through a piece of living history, and take advantage of an open and booming dollarized economy. In that case, Panama might be the right place for you!
Living in Panama as a digital nomad is a fantastic experience. Panama has one of the strongest dollar base economies in Central America, so you’ll find an affordable cost of living and significant growth opportunities
Plus, the country is beautiful! With tropical weather and gorgeous beaches, you’ll always have something new to explore.
The locals are friendly and always ready to give you recommendations. Panama welcomes digital nomads and foreigners, so you’ll never go a day without a warm smile from a local.
This short-term visa for remote workers or digital nomads visa could be apply by workers who:
- has a work contract with a transnational company, that is, a self-employed worker as a teleworker performs functions that take effect abroad,
- receive income from a foreign source and with an annual amount of thirty-six thousand (36,000) dollars or its equal in foreign currency.
With this visa, it is not required to process a work permit as it assumes that the worker will do so in the teleworking modality for a company outside of Panama
All nationalities can apply for this permit, but in the case of certain countries that need a visa to enter Panama, they must make their corresponding entry visa application at the nearby embassy or consulate and so apply for a Short Stay Visa as a Remote worker in Panama.
It is prohibited to carry out activities that take effect within Panama or for companies in Panama.
The application is individual, and dependents are not allowed.
The period of validity of this visa is for 9 months, extendable for the same term only once.
In the case of foreigners whose purpose is the provision of non-profit social services, covered by agreements with the government, patronage or non-governmental organizations recognized by the Ministry of Economy and Finance, those who take part in student exchanges and those who provide these services under the remote worker modality, this visa may be extended once for the same term, and the payment of expenses for migratory services will be exempted.
