As proof of "economic solvency". This is a sign posted at each immigration booth:



Translation:

Apparently this rule has been in place since 2008, but has only recently been strictly enforced. We crossed from Costa Rica into Panama via the same crossing (Pan American Highway) in March 2013 and were not required to show proof that we had $500 per person. I think the change must have happened sometime this summer.

Who carries any of the above when traveling?!?

In lieu of this, the border official said showing $500 each in cash would suffice. We were incredulous. We weren't about to wave a wad of Jacksons in front of a booth window in public! If I was a mugger, I'd have a field day knowing everyone who went past Immigration would have $500 on their person. So a car with 5 people is an easy $2500 right there, much less a busload of tourists?!?

We withdrew $1000 at the ATM around the corner, but instead of showing the thick stack of cash, we showed the border official our ATM receipt which showed the available balance. He didn't seem too happy about not seeing the cash itself, but he relented. Not sure every official would do the same.

So, be warned, show up with your bank or income statement if you're going to cross into Panama, or carry a small fan of Benjamins.

__________________
Gene - http://www.RideDOT.com