1. Friendly Nations Visa: This visa is available to citizens of specific ‘friendly’ countries, which include the United States, Canada, the United Kingdom, and many others. It is an excellent option for individuals looking to work, invest, or retire in Panama. You will need to demonstrate economic or professional ties to Panama and open a local bank account.

2. Pensionado Visa: This visa is designed for retirees. To qualify, you need to demonstrate a stable monthly income of at least $1,000 from a foreign government, international organization, or a private company. This visa offers a range of benefits, including discounts on various services.

3. Investor Visa: If you invest in a Panamanian business or purchase real estate, you may be eligible for an investor visa. The minimum investment required varies depending on the type of investment.

4. Professional Employment Visa: If you secure a job in Panama with a local employer, you can apply for a professional employment visa. Your employer will often assist with the application process.

5. Reforestation Investor Visa: If you invest in reforestation projects in Panama, you may be eligible for this visa. The investment requirements depend on the project and the number of hectares you invest in.

6. Retired Permanent Resident Visa: This visa is an option for retirees with a monthly pension of at least $1,000. It offers permanent residency status without the need to renew every two years.

7. Short-term Visas: Panama also offers short-term visas for tourism, family reunification, business purposes, and more. These are temporary and typically require you to leave the country periodically.