Panama • Passport

Panama passport

PASSPORT • PASS • PASAPORTE

Visa-free
Visa on arrival
eTA
Visa required
Global rank
#26

Bloc

—
Language required
A2 Spanish
Years to citizenship
5 yr
Dual citizenship
No
Inheritable generations
2 gen
World reach
63%
Renounce required
Yes

About the Panama passport

At #26 globally out of 200 ranked passports, the Panama passport puts holders ahead of 87% of the world. Like many countries, Panama extends citizenship to children of its nationals born abroad, making the passport potentially available to subsequent generations through descent.

Passport context

Panama applies a top marginal income tax rate of 25% and a capital gains tax rate of Varies. The country operates a territorial tax regime, taxing only income sourced within Panama, with foreign-sourced income generally exempt. Expats who establish tax residency in Panama and earn the bulk of their income abroad may significantly reduce their overall tax burden under this structure.

Sources: Henley Passport Index, government immigration authorities, OECD

Not legal advice. Independent research tool.