Application for a Short-stay Visa for the Banking Sector

At LEGAL@work, we understand the importance of a smooth and efficient visa application process for the banking sector. That's why we offer our expertise to assist you in obtaining a short-stay visa for the purpose of banking activities, in accordance with Article 59 of the National Migration Service of the Republic of Panama.

To apply for a short-stay visa for the banking sector, the applicant may enter the country to give or receive training, attend meetings, conventions, workshops, seminars, courses, internships, audits, verification, and inspection of programs and procedures in banking institutions that have a general, international or representative license, as long as the applicant meets the requirements and responsibilities set by the National Migration Service and the Ministry of Labor and Employment Development.

The requirements for this type of visa include:

• Visa application form
• Letter from the bank certifying the applicant's activities during their stay, signed by the legal representative
• Letter of responsibility, if applicable
• Certification of the bank's Public Register and power of attorney for authorized representatives
• Certification from the Banking Superintendency indicating the type of license held by the bank and its validity
• Certified copy of the applicant's diploma or qualifications
• Payment of migration services fees of $250
• Deposit of a guarantee of $500
• Copy of passport or travel document with a minimum validity of 3 months
• Confirmed airline reservation with onward travel itinerary
• Copy of identification or residency card from the country of residence

It is important to note that the above requirements and costs are subject to change and should be confirmed with the Servicio Nacional de Migración before submitting any application. Additionally, it is recommended to seek the assistance of a qualified legal professional to ensure that all necessary documents and information are properly prepared and submitted. At LEGAL@work, we have a team of experienced attorneys who can assist you with the visa application process and guide you through the requirements and regulations.

Our services include reviewing and preparing all necessary documents, communicating with the Servicio Nacional de Migración, and representing clients in any necessary legal proceedings. Our fees for this service are competitive and will be discussed during the initial consultation. We understand the importance of obtaining a visa in a timely manner and will work diligently to ensure that your application is processed efficiently.

If you are interested in obtaining a visa for the banking sector in Panama, please contact us for more information and to schedule a consultation with one of our attorneys.