In case you don’t read blog comments, I just received received the following URL as a comment related to the Pensionado Visa.
This firm looks creditable, but I have not been able to confirm the authenticity of the change it talks about.
UPDATE: The following was a reply that was posted on the Yahoo Panama Forum by SGG.
The information is untrue and unreliable, and it does not speak well of that particular lawyer that she has acknowledged privately that the information is wrong but has been too lazy to change her website. It is simply not true. The erroneous info has been widely debunked on panama_laws_for_expats.