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The Pensionado Visa: Panama's Gift to Retirees

February 20267 min readGraeme McKenzie

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

Rental prices vary dramatically by neighbourhood and property type. A furnished two-bedroom apartment in Marbella or El Cangrejo runs $900–1,400 USD per month. The same quality in a beach community like Coronado is $600–900 USD. In Boquete, you can find excellent three-bedroom homes for $700–1,000 USD per month .                                                                                                                                      Our Friends, John & Coral, rented in an area that they really liked, however after living there, they found it exceptionally noisy due to the city based Panamanians who "party hard and loud" when on holiday. So they looked further afeild from the beach and found a lovely unit in a small condominium in the Punta Barco area  

  • Confirm pension income of at least $1,000 USD/month (NZ Super, Australian Age Pension, KiwiSaver drawdown all qualify)
  • Obtain an official pension letter from your provider confirming the amount and that it is lifetime/permanent
  • Confirm you hold a valid passport with at least 12 months remaining

Typical Fee Summary

Government filing fees ~$250–400 USD Β· Attorney fees (couple) well under NZD $2,000 Β· Apostille and translation ~$200–500 NZD Β· Total for a couple typically NZD $3,000–4,500.

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