Panama Retirement Pensionado Visa and Benefits -- Part 2

We always day dreamt about sunshine, tropical beaches and welcoming local people in a country to retire, and after so many visits since 2002, we fell in love with Panama. Then we decided to apply for the Panama Pensionado Visa after our retirement in Canada. Residency in Panama as a Retiree and Benefits Retirees with “lifetime” benefits may meet all the requirements for the Panama Retirement Program, better known as "Panama Pensionado Visa”. The applicant’s retirement income should be more than $1000 monthly. If your lifetime annuity pay is under $1000, with an equivalent retirement benefit of $750, you may buy any Panama property with a minimum value of 100,000 USD to complete the application requirements locally. If the applicant is married to a retiree, the amount of $1000 can be reached as a couple with their combined pensions. Requirements Local Authorities Requirements to Apply for this Immigration Program: a. Letter from a foreign company tha...