Attention Digital Nomads! A New Short-Stay Visa For Teleworkers Is Created.

The Government of Panama has issued, through Executive Decree No. 198 of May 7, 2021, a new Short Stay Visa for Remote Workers.

Any foreigner who meets the following conditions can apply to this visa:

• That he has an operating contract with a foreign transnational company or is an independent worker. The work must be done in a telework mode.
• To carry out functions that have their effects abroad.
• That he receives income from a foreign source and with an annual amount not less than Thirty-Six Thousand Dollars with 00/100 (US $ 36,000.00) or its equivalent in foreign currency.

This visa is particularly interesting for those individuals who are better known as digital nomads. Some of the advantages are: