It seems like when this was first reported, the process was very quick as there was likely no demand. Now, they are probably being inundated with bizarre requests from people who have no connection to Panama and the process has stalled. I wonder if they will be changing the rules/eligibility soon to avoid becoming a clearinghouse for free EU QR codes? I applied as soon as it was reported here, and my application has still not been processed at all (step 1).