Bank Statement for the Panama Friendly Nations Visa
Panama's Friendly Nations visa offers residency to citizens of 50+ countries who establish economic ties — a Panamanian job, a company, or property — and demonstrate financial solvency. Since the 2021 reforms it grants temporary residency first, converting to permanent later. Bank statements prove the solvency piece and support the economic-tie evidence. Here is how.
Key Benefits
- Demonstrates the financial solvency immigration expects to see
- Documents the property purchase funds for the real estate route
- Shows salary deposits when qualifying through Panamanian employment
- Supports your Panamanian bank account opening, itself a due-diligence step
How It Works
- Step 1: Choose your qualifying tie — employment, company, or property — with your attorney
- Step 2: Download 6 months of statements from home and Panamanian accounts
- Step 3: Convert them to Excel with Bank Statement Converter to summarize balances and relevant flows
- Step 4: Pair the statements with the tie evidence: contract, deed, or corporate documents
Frequently Asked Questions
- Which countries qualify for the Friendly Nations visa?
- Over 50, including the US, UK, Canada, most of the EU, Australia, Japan, and much of Latin America. The list is set by decree and occasionally updated.
- How much solvency must I show?
- There is no single published figure since the reforms — attorneys commonly recommend showing several thousand dollars of stable balance plus the economic tie. Your attorney will calibrate to current practice.
- What property value qualifies?
- The real estate route requires property worth at least USD 200,000, documented with the deed and the bank statements showing your purchase funds.
- Is a Panamanian bank account required?
- As a practical matter yes, and opening one involves its own reference letters and statement history — prepare clean copies of your home statements for the bank too.
Convert Your Friendly Nations Statements