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PANAMA RESIDENCY – FRIENDLY NATIONS VISA
The President of Panama issued a Presidential Decree declaring that citizens of 50 friendly nations may apply for a permanent residency visa. The formal wording of the permanent residency is as follows: “citizens of friendly nations with professional and economic ties with the Republic of Panama”. Panama Residency.
TO OBTAIN A PERMANENT RESIDENCY VISA
- Must be a citizen of a friendly nation listed
- Must establish professional or economic ties with the Republic of Panama, we do that by creating your own Panamanian company or being hired to work for an existing Panama Corporation.
- Proof of economic solvency by putting only 5000 USD in your bank account in Panama
- Completed application, including Criminal history & background check
- 2-3 trips to Panama Required ranging from 2-14 days.
BENEFITS OF PERMANENT PANAMA RESIDENCY
- Easiest and quickest way to obtain permanent residency in the world
- All income earned outside of Panama is tax free
- Live, work and travel within the country
- Easier to open bank accounts, buy property and invest among other things
- Ideal location to retire
- Facility to do business in Panama
- Possible path to obtaining a second passport
LIST OF FRIENDLY NATIONS
- Great Britain
- Germany
- Argentina
- Australia
- Republic of Korea
- Austria
- Brazil
- Belgium
- Canada
- Spain
- USA
- Slovakia
- Paraguay
- France
- Finland
- Netherlands
- Ireland
- Japan
- Norway
- Czech Republic
- Switzerland
- Singapore
- Uruguay
- Chile
- Sweden
- Poland
- Hungary
- Greece
- Portugal
- Croatia
- Estonia
- Lithuania
- Latvia
- Cyprus
- Malta
- Serbia
- Montenegro
- Israel
- Denmark
- South Africa
- New Zealand
- Hong Kong
- Luxembourg
- Liechtenstein
- Monaco
- Andorra
- San Marino
- Taiwan
- Costa Rica
- Mexico