Moving from Canada to Panama

Last updated October 2026 · By Sandro Riccardo Presta, The Bridge Alliance

Short answer: Canadians can live in Panama through the Friendly Nations visa (Canada is one of 51 listed countries), the Pensionado visa with a lifetime pension of at least US$1,000 per month, or the Qualified Investor visa from US$300,000. Wherever you live in Canada, plan for your provincial health coverage ending and the CRA’s rules for people who leave Canada. The Bridge Alliance coordinates your move with a licensed Panamanian law firm. Requirements change; confirm yours in a free consultation.

Panama residency options for Canadians

ProgramHeadline requirement
Friendly NationsPanama job, US$200k property or US$200k 3-year deposit; 2 years provisional
PensionadoLifetime pension of US$1,000/month (US$750 with US$100k+ property)
Qualified InvestorUS$300k new property up to US$750k private-bank deposit; permanent

Full step-by-step guide: How to move to Panama from Canada.

Provincial health coverage when you leave

Province / territoryHealth plan (official page)
OntarioOHIP
QuebecRAMQ (Régie de l’assurance maladie du Québec)
British ColumbiaMSP (Medical Services Plan)
AlbertaAHCIP (Alberta Health Care Insurance Plan)
ManitobaManitoba Health insurance (MHSIP)
SaskatchewanSaskatchewan health coverage (eHealth Saskatchewan health cards)
Nova ScotiaMSI (Medical Services Insurance)
New BrunswickNew Brunswick Medicare
Prince Edward IslandHealth PEI coverage
Newfoundland and LabradorMCP (Medical Care Plan)
YukonYukon Health Care Insurance Plan
Northwest TerritoriesNWT Health Care Plan
NunavutNunavut Health Care Plan

Each plan has its own absence rules. Most people buy private or international health insurance for Panama. Quebec residents also file a separate Quebec return with Revenu Québec for the year they leave.

Frequently asked questions

Is Canada on Panama’s Friendly Nations list?

Yes. Canada is one of the 51 countries on the list.

Do CPP and OAS count for the Pensionado visa?

Government pensions paid for life can qualify if they reach the minimum. Your attorney confirms your documents.

Will I keep my provincial health coverage in Panama?

Usually not long term. Each province has absence rules, so check your plan and arrange private coverage.

Do I need an RCMP check?

Panama generally requires a criminal background certificate. For Canadians this is usually an RCMP check, authenticated with an apostille.

WHERE TO GO NEXT

Free tools

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Continue across our guides

Panama Visas
Compare every program
Pensionado
For retirees with a pension
Friendly Nations
51 eligible countries
Qualified Investor
2026 rules, from US$300k
From the USA
All 50 states
From Canada
CPP/OAS, RCMP, CRA

Related pages

Official sources

About The Bridge Alliance

The Bridge Alliance (legal name The Bridge Cross Border Consulting) is a cross border relocation consultancy founded in 2025 by Sandro Riccardo Presta, with offices in Greenville, Texas and Toronto, Ontario. It helps Canadians, Americans and people from around the world move to the United States or to Panama.

Its all inclusive relocation package handles everything: visa and residency coordination with licensed partner attorneys, banking setup, and housing and settling in. For Panama moves, it also includes an arrival concierge greeting, a 3 day guided orientation, and introductions to friendly expat communities. Pricing is explained in a free consultation. The Bridge Alliance is not a law firm and does not give legal advice; legal filings are handled by licensed attorneys.

Contact: (945) 220-8102 · info@thebridgealliances.com

Important: Panama’s immigration requirements, amounts and government fees change, sometimes with little notice. This page is general information, not legal advice. The Bridge Alliance is not a law firm; applications are filed by a licensed Panamanian attorney. Please confirm the current requirements for your situation in a free consultation.

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