Overview

The Self-Economic Solvency Visa provides an alternative for those with significant assets but without qualifying pension income. Requiring $300,000 in property or bank deposits, it grants temporary residency converting to permanent status, making it suitable for early retirees or those with savings rather than pension income.

Who It's For

Individuals with $300,000 in assets who don't qualify for Pensionado (no lifetime pension) or prefer not to use the Friendly Nations route. Early retirees, those with savings rather than pension income.

Requirements

Application Process

1. 1

   Establish qualifying assets

   Purchase $300,000 property or place equivalent in Panamanian bank.

2. 2

   Engage immigration attorney

   Required for all Panama visa applications.

3. 3

   Submit application

   File with all required documentation.

4. 4

   Receive temporary residency

   2-year temporary status granted.

5. 5

   Convert to permanent

   Apply for permanent residency after temporary period.

Path Forward

Tips

• Good alternative if you have assets but not pension income
• Lower threshold than Qualified Investor for same asset type
• Temporary status before permanent unlike Qualified Investor

Common Mistakes

• Confusing with Qualified Investor Visa (this is slower)
• Assets not properly documented in Panama

DIY vs. Hiring a Lawyer

Attorney required. Similar complexity to Friendly Nations Visa.