Luxury senior living retirement in Panama through the Pensionado Visa

Enjoy unimaginable benefits

Retired in the best country


Luxury senior living retirement in Panama through the Pensionado Visa

Enjoy unimaginable benefits

Retired in the best country


What is the Pensionado Visa

With this program, every person who has a lifestyle pension can obtain permanent residency. If this condition is met, the program is quite accessible as it stipulates a minimum of $1000 a month and it allows you to add dependents.

Tax Efficiency
Modern Infrastructure
Laid-back Lifestyle
better medical care
enjoy benefits for retirees

how to qualify for the Pensionado Visa

Lifetime Pension Income

  • The applicant must have a guaranteed lifetime pension of at least USD 1,000 per month
  • If the pension is less than USD 1,000 but greater than USD 750, the visa can be applied for with a real estate purchase of at least USD 100,000
  • Combined income of spouses can reach the minimum of USD 1,000

Advantages of the Pensionado Visa

  • Tax exemption for the import of personal goods up to USD 10,000
  • Significant discounts on flights, hotels, transportation, and medical services
  • Tax benefits for vehicle purchases and housing services

Prove having a lifetime pension

If you can prove to have a lifetime pension of at least $1000 a month, you become eligible. 

The pension can come from government or private sources.

A Straightforward Path to Residency

Panama offers retirees an affordable yet luxurious lifestyle, stunning locations, and a fast-track residency process through property ownership.

Discover properties that match your lifestyle and budget.
Comprehensive support through every step of the visa process.
Enjoy Exemption from Property Taxes, discounts, and a high quality of life.
We handle paperwork and legal procedures for your convenience.

Unlock the Benefits of Retiring in Panama

Mundo can offer you high-end units in state-of-the-art developments. One of our projects includes a senior living program which is ideal for retirees.

Save on everyday expenses while enjoying a modern lifestyle in a safe and stable country.
Live surrounded by natural beauty while enjoying a relaxed and peaceful lifestyle.

High Quality of Life and Tax Benefits

Make Panama your Home and Enjoy a Peaceful Retirement With World-Class Amenities 

Stunning Landscapes and a Cost of Living that Suits your Budget.

the Perfect Retirement Destination

Enjoy a peaceful life in Panama, the perfect destination for retirees.

With a tropical climate, breathtaking landscapes, and an affordable cost of living, Panama offers an ideal environment to relax and make the most of your golden years.

Additionally, take advantage of the tax benefits and exclusive discounts offered through the pensionado visa program.

Advantages of the Pensioner Visa

Support for Dependents

If you have dependents, you can include them in your application, with additional financial proof required for each dependent.

No Age Limit

There is no age restriction for applying. As long as the pension is guaranteed, any individual can apply for the visa.

why Panama is better than Florida ?

In Panama, you can access the same lifestyle as you would in any of Florida's retirement living resorts but at much lower prices and with excellent advantages.

Discounts for retirees

By law, retirees access discounts on healthcare, entertainment, transportation, and many other key services.

Lower costs and high lifestyle

Your lifetime savings will be worth more in Panama since it has lower costs than Miami, NY, London, or Sydney, and you will be accessing the same lifestyle level.

World-class capital

Panama City is a cosmopolitan advanced capital with everything one needs for modern life including shopping malls showcasing the best brands, advanced facilities, and recreational parks. 

Amazing surroundings

The beach is one hour away whether in the Caribbean or the Pacific Ocean and further there are many other beaches, islands, and even mountain landscapes in Boquete where you can enjoy cooler temperatures.

Luxury senior living

When you think about luxury senior living or retirement places, you think of Florida, but there are much better alternatives when it comes to costs and lifestyle. After a long life of hard work, it's only fair to look for cheap places to retire, and in Panama, there's an outstanding solution through a special program called the Pensionado visa.

At Mundo, we specialize in offering luxury units within cutting-edge developments that combine modern design, functionality, and sophistication. Our projects are designed to meet the diverse needs of our clients, creating exceptional living experiences.

A Gateway to a Rewarding Retirement

Panama’s Pensionado Visa is globally recognized as one of the best retirement programs, offering retirees permanent residency and exceptional benefits. Enjoy discounts on healthcare, travel, dining, and more while living in a country that combines modern infrastructure with stunning natural beauty. 

Embrace Panama’s warm climate, friendly communities, and low cost of living to create your dream retirement.

benefits of retiring in panama

No Taxes on Foreign Income

Retirees don’t pay taxes on income earned abroad, keeping your retirement funds intact. 

Exemption from Property Taxes

Pensioners are exempt from paying property taxes, reducing the cost of homeownership. 

Discounts on Healthcare

Receive up to 20% discounts on medical consultations, prescriptions, and hospital services depending on which medical insurance you have.

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Safe and Stable Country

Panama is politically and economically stable, with a low crime rate, making it a secure place to live. 

Panama Canal Privileges

Retirees can enjoy boat tours and scenic views of one of the world’s engineering wonders, adding unique experiences to daily life. 

Bilingual Services

Many locals speak English, and services in banks, hospitals, and government offices are often available in both English and Spanish. 

generous government discounts for retirees

  • Retirees enjoy discounts of up to 50% on entertainment
  • 30% on transportation,
  • 25% on restaurants.
  • Save up to 25% on airline tickets, making travel back home or exploring new destinations more affordable.

Rich Cultural and Natural Experiences

Explore Panama’s vibrant culture, stunning beaches, lush rainforests, and historical landmarks, all within easy reach.

Frequently Asked Questions

What is the Pensionado Visa, and who qualifies for it?

The Pensionado Visa is a special residency program for retirees who receive a minimum monthly pension of $1,000 from a government or private institution. It’s designed to make retiring in Panama easy and rewarding.

How long does it take to obtain the Pensionado Visa?

The process typically takes 1-6 months, depending on the completion of your documentation and government processing times. Our team ensures everything is submitted promptly to avoid delays.

What documents do I need to apply for the Pensionado Visa?

You’ll need proof of your monthly pension, a clean criminal background check, a valid passport, and additional documents. Don’t worry – we’ll guide you through the exact requirements step by step.

Can my spouse or dependents be included in my Pensionado Visa application?

Yes, your spouse and dependents can be included. You’ll need to provide their legal documents, such as marriage or birth certificates, and an additional $250 monthly pension for each dependent.

Do I need to live in Panama full-time after obtaining the visa?

No, the Pensionado Visa does not require you to reside in Panama full-time. However, you must visit periodically to maintain your residency status.

What benefits do Pensionado Visa holders receive in Panama?

Pensionado Visa holders enjoy incredible benefits, including discounts on healthcare, transportation, dining, entertainment, and utility bills, plus tax exemptions on imported household goods.

Can I purchase property in Panama as a Pensionado Visa holder?

Yes! Pensionado Visa holders can buy property in Panama without restrictions. We can help you find your dream home to make your retirement even more enjoyable.

How can your team help me throughout the process?

Our team provides end-to-end support, including consultation, document preparation, application submission, and assistance in settling in Panama. From obtaining your visa to finding your ideal property, we’re with you every step of the way.

Who We Are

At Mundo Expert, we specialize in guiding individuals and families through the process of obtaining the Panama Pensionado Visa, a program designed to offer retirees a secure and rewarding path to residency. With years of experience and a deep understanding of Panama’s immigration system, we provide expert support to ensure a smooth and stress-free experience tailored to your unique needs.


Our team of seasoned professionals, including legal advisors and relocation experts, is dedicated to helping you take full advantage of the benefits the Pensionado Visa offers. From tax exemptions and discounts on medical services, travel, and entertainment to the opportunity to live in a safe, welcoming country with a low cost of living, we make it our mission to help you unlock all the advantages Panama has to offer.

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Contact Us

Thanks to our tight connections with experts, agents, and advisors in different jurisdictions, our team of experts can guide you through every step of the process. Feel free to reach out with any questions and learn how we can assist you in fulfilling your objectives.

Contact Info

PH Torre Global, Floor 31, Office 3101, Street 50, Panama City, Panama