Honduras Pensionado vs Panama Pensionado Visa
Honduras retirement route: $15 fee, 6 months. Panama retirement route: $1,000 a month.
- Panama Pensionado: $1,000 a month, $500 less than Honduras Pensionado.
- Panama Pensionado: about 12 weeks, 40 weeks sooner than Honduras Pensionado.
- Honduras Pensionado: 360 days a year required, 359 more than Panama Pensionado.
Built for: Retirees.
- Income
- $1,500/mo
- Fee
- $15
- Duration
- 6 months
- Income
- $1,000/mo
- Processing
- 12 weeks
Next steps
Honduras Pensionado
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Side by side
Honduras Pensionado
Panama Pensionado Visa
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum income, per month
Minimum investment, one time
Investment types
Application fee, one time
Extra income per adult dependent
Extra income per child dependent
Income sources accepted
Social Security counts as income
Pension income recognized
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Required documents
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Days in country, per year
Maximum consecutive days abroad
Tax regime
US tax treaty
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Visa type | Retirement | Retirement |
| Status | Active | Active |
| Initial duration, months | 6 | Not specified |
| Renewable | Yes | Yes |
| Built for | Retirees, FIRE | Retirees |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | 55 | 18 (Lowest practical minimum age) |
| Nationality restrictions | Open to all nationalities | Open to all nationalities |
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Minimum income, per month | $1,500 | $1,000 (Lowest known income requirement) |
| Minimum investment, one time | $50,000 | Not applicable |
| Investment types | Not applicable | Real estate |
| Application fee, one time | $15 | Not specified |
| Extra income per adult dependent | 0% (Lowest known adult dependent add-on) | 25% |
| Extra income per child dependent | Not specified | 25% |
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Income sources accepted | Pension or Social Security, Passive income | Pension or Social Security |
| Social Security counts as income | Yes | Yes |
| Pension income recognized | Yes | Yes |
| Local work permitted | No | Not specified |
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Processing time, minimum (weeks) | 52 weeks | 12 weeks (Fastest known processing) |
| Processing time, maximum (weeks) | 52 weeks | Not specified |
| Where to apply | Not specified | Applications are typically submitted through a Panamanian immigration lawyer to immigration authorities in Panama. You...See where to apply on the visa page |
| Interview required | No | No |
| Medical exam required | No | Not specified |
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Leads to permanent residency | Yes (Path to permanent residency) | No |
| Years to permanent residency | 1 years | Not specified |
| Years to citizenship, PR plus naturalization | 4 years | Not applicable |
| Days in country, per year | 360 days | 1 days (Fewest days required in country) |
| Maximum consecutive days abroad | 360 days | Not specified |
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Tax regime | Worldwide | Not specified |
| US tax treaty | Not specified | Not specified |
| Field | Honduras Pensionado | Panama Pensionado Visa |
|---|---|---|
| Health insurance required | Yes | Not specified |
| Local bank account required | Yes | Not specified |
| Apostille required | Yes | Not specified |
| US FBI background check required | Yes | No (No US FBI background check needed) |
| Certificate of coverage required | No | No |
| Required documents | Not specified | 7 items listedSee full list on the visa page |