Panama · Step by Step
Key Facts
Pension proof required. The Pensionado visa is built around a guaranteed lifetime pension, with a monthly minimum commonly cited around US$1,000 (plus an addition per dependent); confirm the current figure with a Panamanian attorney.
Famous discount package. Pensionado status unlocks legally mandated discounts on airfares, restaurants, entertainment, hotels, utilities, medical care and pharmacy purchases — available to qualifying residents, not only the elderly.
The US dollar circulates. Panama uses the US dollar alongside the balboa at par, so retirees face no currency conversion on most everyday spending.
