{"product_id":"panama-pensionado-retiree-residency","title":"Panama Pensionado (Retiree) Residency","description":"\u003cp\u003eLegal representation and full processing of the \u003cstrong\u003ePermanent Residency Permit as a Pensioned Resident (Pensionado)\u003c\/strong\u003e, under Article 164 of Executive Decree No. 320 of August 8, 2008. Grants \u003cstrong\u003epermanent residency in a single step\u003c\/strong\u003e to applicants with a qualifying lifetime pension — no provisional period, open to all nationalities.\u003c\/p\u003e\n\n\u003ch3\u003eScope of Services\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eLegal advisory and eligibility assessment\u003c\/li\u003e\n\u003cli\u003eDrafting of Power of Attorney and memorial\u003c\/li\u003e\n\u003cli\u003eDocument preparation, apostille coordination, and review\u003c\/li\u003e\n\u003cli\u003eFiling and follow-up before the Servicio Nacional de Migración (SNM)\u003c\/li\u003e\n\u003cli\u003eSupport for Pensionado discount card application\u003c\/li\u003e\n\u003cli\u003eStatus tracking through approval and cédula issuance\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eBenefits\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003ePermanent residency in a single step\u003c\/strong\u003e — no provisional period\u003c\/li\u003e\n\u003cli\u003eOpen to all nationalities, no minimum age requirement\u003c\/li\u003e\n\u003cli\u003eFamily inclusion: spouse and minor children (US$250\/month pension uplift per dependent)\u003c\/li\u003e\n\u003cli\u003ePathway to Panamanian citizenship 5 years after obtaining permanent residency\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eStatutory Pensionado discounts (Law 6\/1987 and Law 14\/2009):\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cul\u003e\n\u003cli\u003e50% off entertainment (theatres, cinemas, sports events)\u003c\/li\u003e\n\u003cli\u003e30% off public transport; 25% off airline tickets\u003c\/li\u003e\n\u003cli\u003e50% off hotels Mon–Thu (30% Fri–Sun); 25% off restaurants\u003c\/li\u003e\n\u003cli\u003e20% off medical consultations; 15% off hospital bills\u003c\/li\u003e\n\u003cli\u003e20% off prescription medication; 10% off dental and ophthalmologic services\u003c\/li\u003e\n\u003cli\u003e25% off electricity and phone bills (within statutory limits)\u003c\/li\u003e\n\u003cli\u003e50% off mortgage closing costs + 1% reduction in mortgage interest on personal residence\u003c\/li\u003e\n\u003cli\u003eOne-time duty-free import of household goods up to US$10,000\u003c\/li\u003e\n\u003cli\u003eDuty-free import of a vehicle every 2 years\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003ePension Threshold\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eUS$1,000\/month minimum\u003c\/strong\u003e lifetime pension (from government, public or private pension fund, or insurance company)\u003c\/li\u003e\n\u003cli\u003eReduced to \u003cstrong\u003eUS$750\/month\u003c\/strong\u003e if applicant owns Panamanian real estate valued at US$100,000+\u003c\/li\u003e\n\u003cli\u003eEach dependent requires an additional US$250\/month\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003ch3\u003eProfessional Fees\u003c\/h3\u003e\n\u003cp\u003eUS$2,500.00 + 7% ITBMS (VAT) — per Art. 4.2.1.2.2.2, Acuerdo No. 609-A of June 4, 2021, Colegio Nacional de Abogados de Panamá.\u003c\/p\u003e\n\n\u003ch3\u003eGovernment \u0026amp; Notary Costs (paid directly by client)\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eNotary fees: ~US$30.00\u003c\/li\u003e\n\u003cli\u003eNational Treasury: US$250.00 (certified check)\u003c\/li\u003e\n\u003cli\u003eNational Migration Service (SNM): US$800.00 (certified check)\u003c\/li\u003e\n\u003cli\u003eCédula (national ID) issuance — Tribunal Electoral: US$50.00 per applicant\u003c\/li\u003e\n\u003cli\u003e\u003cstrong\u003eTotal government costs: ~US$1,130.00\u003c\/strong\u003e\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003e\u003cem\u003eAdditional out-of-pocket expenses (apostilles, translations, health certificate, passport photos) vary by case and will be quoted individually. Dependent applications: spouse US$1,000 + ITBMS; each minor child US$750 + ITBMS.\u003c\/em\u003e\u003c\/p\u003e\n\n\u003ch3\u003eLegal Basis\u003c\/h3\u003e\n\u003cp\u003eDecree-Law No. 3 of February 22, 2008; Executive Decree No. 320 of August 8, 2008, Art. 164; Law 6 of June 16, 1987; Law 14 of January 27, 2009; Law 38 of 2000.\u003c\/p\u003e\n\n\u003cp\u003e\u003cstrong\u003eApproval timeline:\u003c\/strong\u003e Approx. 4–6 months from filing of complete file.\u003c\/p\u003e","brand":"BBP Legal Corp","offers":[{"title":"Default","offer_id":44178896158819,"sku":null,"price":2500.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/bbplegalcorp.com\/products\/panama-pensionado-retiree-residency","provider":"BBP Legal Corp","version":"1.0","type":"link"}