Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Panama creates 'digital nomad' visa to attract tourists and stimulate economic reactivation

Panama creates 'digital nomad' visa to attract tourists and stimulate economic reactivation

The Government approved an Executive Decree which creates "a new and innovative" program called Short Stay Visa as Remote Worker, which aims to stimulate economic reactivation by attracting "extended stay" tourists and nomads that can “telecommute from Panama”.
"This program would invigorate the economy by stimulating tourism, restaurants, shopping and consumption and services in general, resulting in a greater reactivation of jobs for Panamanians," reported the Secretary of State for Communication.

As a result of the Covid-19 pandemic, new work modalities have been created in the world, including remote work, practiced by many companies. Your workers have had to adapt to working from home or from anywhere in the world.

"In other words, a person who works in the United States, and who, due to the Covid-19 restrictions, has to work from home in that country, can decide to do it now from Panama, from the place of their preference and in an extended manner,” Says the statement.

The program will be valid only for tourists whose work functions or services take effect abroad, and are provided to companies located abroad. They can also apply independent workers who provide services abroad, and whose source of income is from abroad. That is, people who work locally in Panama or who generate income by providing services to Panamanian companies will not be able to apply to this program.

To apply for the program, tourists must meet some requirements, including proving income from a foreign source of more than $ 3,000 per month (or $ 4,000 per month per family). In addition, you must have medical insurance, fill out the application form, present a letter from the foreign company for which you work or a contract with the company to which you provide professional services abroad, an affidavit of non-acceptance of an offer labor in the Panamanian territory, among others.

The Government reported that it will enable an online platform to process applications for this program that allows a stay of up to 18 months, with an initial period of 9 months extendable for a further 9 months.

According to the authorities, prior to the pandemic, the tourism sector represented more than 4.5% of GDP directly and 14% indirectly, and generated more than 100,000 jobs in total in the national economy.

The total cost of the program for the 18 months is approximately $550 and it seeks to reactivate this important industry for the Panamanian economy.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
Russia's Fossil Fuel Revenues Approach €900 Billion Since Ukraine Invasion
×