Panama Visa for Italian Citizens

Italians can become Panamanian residents and enjoy the benefits of the territorial tax system. Italian citizens have extremely favorable residency options in Panama.

panama visa for italian citizens

Benefits of Panama Residency for Italian Citizens

Italian passport holders may obtain Panama residency thanks to the existing 1966 treaty between Italy and Panama. Some of the benefits of the Italy-Panama treaty include:

  • Italian citizens may apply regardless of any other citizenship
  • Dependents may apply with the main applicant regardless of their citizenship
  • Visa does NOT require $800 repatriation deposit which is required for other programs
  • You only pay $250 in government fees for applications
  • Visa does NOT require neither an initial investment nor purchasing a property in Panama
  • This process also provides a path to obtain Panamanian ID (cedula)

Who can apply for the visa for Italian citizens?

This visa is granted to any Italian citizen who wants to establish a permanent residence in Panama. The objective is to promote commerce between both countries; therefore applicants need to prove intentions of future business activities in Panama.

Requirements for the visa for Italian citizens

  • Five passport photos and valid passport
  • Criminal background check (apostilled or legalized)
  • Good health certificate
  • Open a bank account with an initial deposit of $5,000
  • Copy of Italian personal ID
  • Create a Panamanian company

Timeline for visa for Italian citizens

  • Open personal bank account – 1 to 5 days
  • Passport registration application for residence and multiple entry visa – 3 to 5 days
  • Permanent residence approval 3 to 6 months
  • Obtain the Cedula (Panama local ID) – 45 to 60 days

Most Popular Residency Programs

Learn More