Panama offers retirees and investors some great propects as Panama is open to outside investment and foreign retirees. many Central American countries such as Costa Rica have made residency very hard to achieve. There are below several ways to seek residency in Panama:

General Investor — you must invest at least £60,000 (actual is $100,000) in a business that the government considers socially beneficial.

Export Processing Zone Investor — you must invest at least £135,000 (actual is $250,000) in Fort Davis or one of the other export processing zones.

Agro-forestry Investor — you must invest at least £22,000 (actual is $40,000) in a reforestation project.

Small Investor — you must invest at least £22,000 (actual is $40,000) and employ at least three Panamanians in a small business considered socially beneficial, and be an officer or manager of the business.

Pensioner or Retiree — you must show that a retirement or disability pension from abroad yields you a monthly income of at least £300 (actual is $500), plus another £60 (actual is $100) per month for each dependent.

Retired Investor — you must be retired and have a certificate of deposit in a Panamanian bank that yields an income of at least £400 (actual is $750) per month.

Farmer — you must have at least £22,000 (actual is $40,000) invested in a producing farm in Panama.

Colon Free Zone executive — you must have an executive position with a firm doing business in the Colon Free Zone.

City Of Knowledge -- you must be a student, professor or administrator with an institution affiliated with the City of Knowledge.