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Rentista Retirado (Private Income Retiree) Residence Permit (PPT-RR)

Panama · Central America

Source: Mobility Asset DatabaseLifecycle: UnknownExtended ResidencyIndependent Means Visas

Program facts from the CitizensOS Mobility Asset Database. Unknown facts are shown as Unknown, never as zero.

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Publication state
Mobility Asset Database
Lifecycle status
Unknown
Facts checked through
Sep 21, 2026
Source snapshots
Database edition

Identity and current status

The route identity and current status.

Present
Year establishedPublished
1987
Governing lawPublished
Ley 9 of 24 June 1987; Decreto Ley 3 of 2008; Decreto Ejecutivo 320 of 2008, arts. 196-199 (amended by Decreto Ejecutivo 26 of 2009)
Responsible authorityPublished
Servicio Nacional de Migración (Ministry of Public Security)

What the program provides

What the program gives the holder.

Present
What the program providesPublished
Lock a fixed deposit in Panama's state bank that pays US$850 a month and hold renewable five-year residence

Best suited for

Who the program tends to suit. Research only, never a personal recommendation.

Absent

No governed customer claim is present for this section.

Eligibility

Personal qualifications an applicant must establish.

Present
Minimum agePublished
18 years
Clean criminal record requiredPublished
Yes
Local health insurance requiredPublished
No
Nationality restrictionsPublished
No
Basic eligibilityPublished
US$850/month of interest from a 5-year fixed deposit at Banco Nacional de Panamá or Caja de Ahorros, free of liens
Generational limitPublished
Not applicable

Household inclusion

How spouses and children are treated.

Present
Family sponsorshipPublished
Yes
Spouse includedPublished
Yes
Children includedPublished
Yes
Child age limitUnknown
Unknown
ChildrenPublished
Dependents 18-24 must be single full-time students

Documents

Evidence categories and filing documents.

Absent

No governed customer claim is present for this section.

Process and timeline

How you apply and how long it takes.

Present
Processing timeUnknown
Unknown
Can apply without travelingPublished
No
How you applyPublished
In person in Panama through a lawyer at the Servicio Nacional de Migración
Required in-person stepPublished
Filing, local health certificate and card pickup in Panama
What the processing time measuresPublished
No published processing time found (official sheet and law firms silent)
Official application routePublished
https://www.migracion.gob.pa/permisos-migratorios/

Costs and investment

Fees, income and savings thresholds, and investment amounts.

Present
Minimum investmentUnknown
Unknown
Minimum passive investment (July 2026)Unknown
Unknown
Minimum active investment (July 2026)Published
None required
Processing feePublished
$250
Application feePublished
$800
Total cost to applyPublished
$1,050
Monthly income requiredPublished
$850/month
Monthly pension income requiredPublished
None required
Monthly rental income requiredPublished
None required
Savings requiredUnknown
Unknown
Proof of sufficient fundsPublished
Yes
Local bank deposit requiredPublished
Yes
Minimum local bank depositUnknown
Unknown
Fees paidPublished
Before approval
Cost notesPublished
B/.250 to the National Treasury plus B/.800 repatriation deposit to the Migration Service per a Panamanian law firm; official sheet does not list fees; lawyer fees extra

Presence and maintenance

Stay, renewal, and how long the status lasts.

Present
Stay required to keep statusPublished
0.5 days/year
Minimum days per year in country (July 2026 figure)Published
None
Physical presence requiredPublished
No
In-country visit requiredPublished
Yes
Move-in windowPublished
0 months
Length of residencyPublished
60 months
Residency is lifetimePublished
No
RenewablePublished
Yes
Maximum durationUnknown
Unknown
Maximum duration is lifetimePublished
Yes
Stay rule (Sept 2026)Published
Residence is lost after more than 2 consecutive years abroad without authorization from the Migration Director (Decreto Ley 3 of 2008)
Tax residency rulePublished
Residents staying more than 183 days per year will be considered tax residents
Personal income taxPublished
range between 0%-25%

Rights and onward pathways

Work, healthcare and other rights, and the path to permanent residence and citizenship.

Present
Time to permanent residencyUnknown
Unknown
Time to citizenshipUnknown
Unknown
Work for a local employerPublished
No
Start a businessPublished
Yes
Remote or freelance workUnknown
Unknown
Local healthcare accessPublished
Yes
University accessPublished
Yes
Can buy landPublished
Yes
Local bankingPublished
Yes

Risks, limitations, and uncertainty

Notes on changes, conflicts, and limits.

Present
Plan B note (Sept 2026)Published
The fixed deposit must be large enough to pay US$850/month in interest at the bank's current rate (law firms cite about US$260,000-US$400,000) and is locked for 5 years; withdrawing it ends the permit. 5-year permit renewable on the same terms; comes with a special Panamanian passport and Ley 9 retiree discounts. Staying 183+ days makes you a Panamanian tax resident (territorial tax).

Sources, freshness, and conflict disclosure

Where the CitizensOS Mobility Asset Database took these facts from.

Present
Official program websitePublished
https://www.migracion.gob.pa/wp-content/uploads/01.RENTISTA_RETIRADO.pdf
Plan B sources (Sept 2026)Published
https://www.migracion.gob.pa/wp-content/uploads/01.RENTISTA_RETIRADO.pdf | https://esquiyaslaw.com/visa-rentista-retirado-panama-pasaporte-especial/ | https://kraemerlaw.com/en/immigration/private-income-retiree-visa/ | https://www.migracion.gob.pa/wp-content/uploads/decreto-ley-3-de-2008.pdf | https://www.limitlesslegal.com/en-us/blog/permanent-residents-in-panama-how-long-can-you-stay-abroad-without-losing-your-residency

Every fact on this page comes from the CitizensOS Mobility Asset Database (Sep 21, 2026 edition). A blank is shown as Unknown.

This anonymous dossier is read-only research. It does not establish personal fit, eligibility, legal or tax advice, filing, approval, residence, citizenship, or a held Right.