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IMPACT – MEDIUM
What is the change? Beginning Oct. 1, Panama will require that Venezuelan nationals obtain a visa at a Panamanian consulate before travel. The new policy was set out in Decree 473, which was published today.
What does the change mean? After Sept. 30, Venezuelans will no longer be able to rely on their visa-waived status and should plan travel dates accordingly.
Background: Citing Venezuela’s “break in the democratic order,” Panamanian President Juan Carlos Varela announced the visa policy Tuesday, days after a visit from U.S. Vice President Mike Pence. Venezuela has been in a constitutional crisis since President Nicolas Maduro put together a constituent assembly with power to revise the constitution.
Under the new policy, all Venezuelans traveling to Panama must first obtain a visa by applying at a consulate, providing supporting documents and obtaining a visa stamp in their passport that must be used within three months.
BAL Analysis: Companies sending Venezuelan employees to Panama after September should plan ahead and allow for extra time to obtain a visa.
This alert has been provided by the BAL Global Practice group and our network provider located in Panama. For additional information, please contact your BAL attorney.
Copyright © 2017 Berry Appleman & Leiden LLP. All rights reserved. Reprinting or digital redistribution to the public is permitted only with the express written permission of Berry Appleman & Leiden LLP. For inquiries please contact copyright@bal.com.
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