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IMPACT – MEDIUM
What is the change? Panama enacted a regulation Monday that allows nationals of China, Cuba, the Dominican Republic, India and Venezuela to apply for five-year, multiple-entry visas for business or tourist visits.
What does the change mean? Eligible nationals will not have to renew their business visas as often. Previously, multiple-entry visas were generally valid for two years.
Analysis & Comments: The longer validity period provides a convenience for nationals of the five designated countries. Travelers are reminded that while the extended validity allows for multiple entries during the five-year period, each visit to Panama remains restricted to 30 days with a possible 60-day extension.
Source: Deloitte LLP. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.
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