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Peruvian Retirement Visa

A Guide to Peruvian Visas

Foreigners, who receive a state or private pension including social security pension, government pension, employment related pension, union pension, disability pension, etc., so lifetime annuities, other lifelong benefits or a permanent income for the rest of their life from royalties or dividends of at least US$ 1000 per month or the equivalent in any other currency can apply for a permanent residency in Peru called Rentista visa.

Be aware that rental income, income generated from remote / freelance work, capital gains, interests, etc. are not considered permanent income. To fulfill the requirement you must prove that you receive at least US$ 1000 per month “indefinitely”, so for the rest of your life.

Additionally, you should know that you are not allowed to work or receive a remuneration for any kind of professional activity in Peru when living in the country on a retirement visa.

Where to apply for a retirement visa

Officially, you can apply for a retirement visa if you are still outside Peru or if you are already in the country, for example, as a tourist.

However, while for decades Peruvian consulates abroad handled residence visa applications from giving information and handing out the right forms to fill in, to accepting the application and, if approved, issuing the residence visa, since August 2021, the Peruvian diplomatic missions abroad only handle tourist and business visa applications and refer foreigners, who want to apply for a residence visa, to Migraciones in Peru.

So, foreigners, who can enter the country visa-free (so, who don’t have to apply for a “real” tourist visa at a Peruvian consulate), should come to Peru as a tourist and then change their immigration status – make a so called Cambio de calidad migratoria (as opposed to a Solicitud de calidad migratoria if you apply from outside Peru) – at Migraciones.

Those foreigners, who cannot enter Peru visa-free (so, who must apply for a “real” tourist visa at a Peruvian consulate), officially must apply for residency from outside Peru; a complicated, lengthy, and sometimes frustrating process. We explain in detail how it’s done in our article “Peruvian residence visa application from abroad”.

Important laws and regulations

For foreigners planning to stay longer in Peru and to apply for a resident visa, the most important laws and regulations are the Decreto Legislativo 1350, the “old” Foreigner Law, the Decreto Legislativo 1582, the modification of the Foreigner Law, which both only stipulate general rules, as well as the Decreto Supremo 002-2021-IN from 2021 and the TUPA (last updated October 22, 2023). Helpful as well is to check out the Peruvian government website. All these documents are, of course, in Spanish.

While below, under “Requirements for a retirement visa application in Peru” you find the necessary documents described in English, the official list of requirements (in Spanish) can be found, for example, in the Decreto Supremo 002-2021-IN on page 46 in article 92-B “Procedimiento administrativo de cambio de calidad migratoria rentista residente”. As the TUPA is always the more current official document, which contains slight changes compared to the Decreto Supremo, we recommend to use it when looking for the most current official information about the requirements in Spanish. You find the information on page 184, which is page 187 of the PDF.

Required documents to apply for a retirement visa include:

  • Passport
  • Clean criminal record (Antecedentes policiales, penales y judiciales) from your home country or from the country where you legally lived (so with a resident visa) during the 5 years prior to coming to Peru (1) + (2) + (3)
  • Letter / confirmation from your pension fund or social security stating that you receive a monthly income of at least US$ 1000 or the equivalent in any other currency. (3) (4)
  • Sworn statement stating that your pension enters Peru through the banking system (5)
  • Receipt for paid application fee (code Migraciones 07568; concept Cambio de calidad migratoria rentista residente, S/ 161.40 since October 22, 2023)
  • (Interpol clearance – Ficha de canje internacional not older than 6 months) (6)
  • “Recibo”, so a water or electricity bill showing your address (doesn’t have to be in your name)

Explanatory notes for the requirements:

First of all, be aware that documents have an “expiration” date in Peru. If not stated otherwise:

  • Documents issued in Peru are usually only accepted when they were issued a maximum of 3 months prior to being submitted.
  • Documents issued outside Peru are usually only accepted when they were issued not more than 6 months prior to being submitted.

(1) As we get many question about the “Antecedentes policiales, penales y judiciales” we dedicated a separate article to the topic where we explain in detail what kind of document you need, where you get it and what to watch out for when applying for it.

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