Pensionados In Panama Can Now Get A Cedula
Saturday, August 18 2012 @ 09:44 AM EDT
Contributed by: Don Winner
According to Javier Carrillo, before permanent residency was being given to retirees, but they could not complete the process to be given a personal identification card (cedula). 'Now they can be permanent here, and they can be issued a cedula," he said. He added that, as the law provides for these benefits, the applicant should have a pension of not less than one thousand dollars (per month).
Strict regime - Given these statements, the lawyer Ernesto Cedeņo argues that Panama has created a number of benefits that many foreigners come to invest, however, they face a strict regime to remain permanently. According to Cedeņo, for a person to obtain a visa as a pensioner, they must have a monthly income of one thousand dollars or more, while the foreigner who has no resources, who enters country for several years and remains hidden, the SNM grants work permits for up to ten years.
"The current administration is benefiting more the foreigners who do not have the resources or to survive, over those who come here to invest," said Cedeņo. According to the lawyer Cedeņo, in Panama there is no defined immigration policy regarding this issue.
In 2011, the SNM processed 648 immigrant visas for pensioners or retirees, of which 538 were approved and 110 denied. Through July this year, of the 388 visas Immigration has processed, 295 were approved and 93 were denied. (Siglo)
Editor's Comment: Cool. Now everyone out there who already has a pensionado visa can also obtain your permanent identification card (cedula). This is a big advantage, because in the Panamanian business community as soon as you flash a cedula, then they relax because you've been completely identified, even though you're a foreigner. I zip through the airport using the "Panamanian" line in immigration, just by showing my cedula. Now, before you ask - this is all I know about this issue thus far. I'm sure the lawyers who deal with these things were also caught flat-footed by this surprise announcement on a Saturday. Next week there will be a lot of discussion. Anyway, prepare to apply for your cedula. This is good news.