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HOW TO BECOME A PANAMA RESIDENT? ULTIMATE GUIDE Panama Immigration Laws Are Liberal
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Immigration and residency requirements in Panama varies depending on your nationality and status but most international visitors may stay in Panama for 90 to 180 days without applying for a visa. Attorneys at Panama Legal Center are expert in Panama immigration laws and can assist you to obtain Panama residency in mo time. In order to apply for Panama residency, you be 18 years of age and have a valid passport. For obtaining residency, one needs to have a Panamanian lawyer to represent him / her in the immigration o ce by way of N Power of Attorney.
Standard Requirements For Panama Residency Power Of Attorney: New Panama immigration law requires that all applicants have a Panamanian attorney to represent them before immigration o ces. The Power of Attorn instrument that must be signed by you and your attorney and thereafter to be notarized by a Notary Public in Panama in order to be o cial and valid. Health Certi cate: All applicant for Panama residency must have a Health Certi cate by a Panamanian doctor or clinic in Panama to certify that the applicant is healthy. Photos: All applicants must submit minimum of 3 photos with the immigration application. O
cial Translation of All Documents: It is required that all the documents other than Spanish language, to be translated to Spanish language by a Panamanian Certi ed Transla
include birth certi cates, marriage certi cate, police report, power of attorneys, etc. Apostile By Panama Consulate: All the foreign documents such as birth certi cates, marriage certi cate, police reports must be Apostatized by the Panamanian Consulate in yo country. When sending your documents to get apostatized, Panama Consulate requires a small fee for this process and may take up to a week. Authentication of All Foreign Documents: Once you have any documents coming from overseas and already Apostatized by the Panamanian Consulate, then the document presented to the Ministry of Exterior in order for them to authenticate the signature of the Panama Consulate overseas. and then authenticated by ministry of exterior in Panama Police / FBI Report: It is an essential part of Panama immigration that all applicants must present to the immigration o ce a certi ed [plice report from their local police dep Without police report, the immigration o ce would not accept any cases. However of you are an American Citizen and applying to get your residency in Panama, you need to submit the original FBI REPORT. As an American, you need to be ngerprinte FBI report and wait to get your report from FBI o ces. Once you receive your FBI report, you need to send it to the Panamanian Consulate to have it Apostatized to make it o cia Even though immigration regulations may change without prior notice, below we mention some of the most popular format to get permanent residency in Panama. Learn more Panama immigration laws and PANAMA FRIENDLY NATIONS VISA https://www.panamalegalcenter.com/panama-friendly-nations-program/
Popular Panama Residency Options: (https://www.panamalegalcenter.com/contact-us/)
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* (https://www.panamalegalcenter.com/contact-us/)Friendly Nation Countries (https://www.panamalegalcenter.com/contact-us/) ( 50 ) CHAT! FREE (https://www.panamalegalcenter.com/contact-us/) CONSULTATION
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Panama Friendly Nations Visa ( 50 ) * Retirement ( PENSION ) Residency Investor Residency Forestry Residency Tourist Visa
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1. Andorra 2. Argentina 3. Australia 4. Austria 5. Belgium 6. Brazil 7.Canada 8. Chile 9. Costa Rica 10. Croatia 11. Cyprus 12. Czech Republic 13. Denmark 14. Estonia 15. Fin France 17. Germany 18. Great Britain 19. Greece 20. Hong Kong 21. Hungary 22. Ireland 23. Israel 24. Japan 25. Latvia 26. Liechtenstein 27. Lithuania 28. Luxembourg 29. M Mexico 31. Monaco 32. Montenegro 33. Netherlands 34. New Zealand 35. Norway 36. Paraguay 37.Poland 38. Portugal 39. Republic of Korea 40. San Marino 41. Serbia 42. Singa Slovakia 44. South Africa 45. Spain 46. Sweden 47. Switzerland 48. Taiwan 49. Uruguay 50. United States of America In order to become a permanent resident in Panama, rst thing you do is to hire a Panamanian attorney to represent you in the immigration o ce. A Panamanian attorney knows Panama immigration laws and is required to submit to the immigration o ce of Panama a series of documents depend on the applicant st requirement. A power of attorney is a formal document that you need to sign before a notary public in order an attorney can represent you before the immigration o ce.
Panama immigration laws require following documents for Friendly Nations Residency Visa: 1. :Copy of all pages of your valid passport including the covers 2.Health certi cate from a clinic or a medical doctor in Panama 3. A copy of local police report from your home country. However in case, you are an American citizen, you need a copy of FBI report. The police report or FBI report needs to be sent to a Panamanian consulate in your home country to be Apostiled, then to be authenticated by Minister of Exterior in Panama. A procedure, the report needs to be translated to Spanish language by a certi ed Spanish translator in Panama. 4. Three Passport Photos 5. Certi ed Checks– the amount of checks may vary depend on the applicant and the options for applying permanent residency. There are two certi ed checks that immigrati required.
$800. to the immigration o ce $250. to the Tesoro o ce 6. Responsibility Con rmation Letter from a Panamanian person 7. Power of Attorney of a Panamanian attorney 8. Declaration Form to be lled and signed by the applicant ( 9 pages ) 9. Panama Corporation Certi cate Ownership & Share Certi cates 10. Copy of Driver License 11. Economic Solvency Proof Letter 12. Bank Con rmation Deposit Letter 13. Passport Registry Stamp at the Immigration O
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14. Marriage Certi cate & Children Birth Certi cates to be apostiles ( in case the applicant has dependent/s ) 15. There are additional documents may be needed and it depends on each individual residency visa case. Learn more about Panama Immigration Laws and how to Relocate: https://www.panamalegalcenter.com/panama-relocation/ (https://www.panamalegalcenter.com/panama-relocation/) Other Residency Options (https://www.panamalegalcenter.com/contact-us/)
The Reforestation Investor Visa ($80,000 investment in ve hectares of a certi ed reforestation project) The Pension Visa ($1000 minimum monthly pension) The Economic Self Solvency Visa ($300,000 investment in real estate and/or a Panamanian bank term deposit account) The Business Investor Visa ($160,000 investment in a Panamanian business) The Panama Agricultural Investor Program ($60,000 investment in an agricultural business) Have any question about Panama immigration laws? Our experienced Panama immigration attorneys are here to assist you. GET IN TOUCH WITH US TODAY
info@panamalegalcenter.com Ready To Become A Panama Resident! Our Experienced Immigration Attorneys Assist You (https://www.panamalegalcenter.com/contact-us/) To Get Your Panama Residency (https://www.panamalegalcenter.com/contact-us/) 76
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Panama Immigration Laws are designed to attract investors and tourist to take advantage of Panama investment opportunities.
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Entertainment worker’s visas, which may be granted for a maximum non extendable 9-month term Short-term worker’s visas, which may be granted for a maximum non extendable 3-month term CHAT! FREE CONSULTATION Domestic worker’s visas, which may be granted for a maximum extendable 1-year term REFUGEES VISA PROGRAM: This applies to those refugees, persons who are seeking asylum, stateless, and persons entering Panama under provisional of human GetButton (http: statute
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PANAMA IMMIGRATION LAWS - PANAMA LEGAL CENTER statute. NON RESIDENT VISA OR PERMIT IN PANAMA Tourists Visas, Visa autorizado, Passengers-In-Transit visas, and Marine Workers visas fall under this category. MISCELLANEOUS VISA PROGRAM: Other forms of Panama residency programs can be obtained.
Learn more about Panama immigration laws and Panama work permit PANAMA WORK PERMIT (https://www.panamalegalcenter.com/panama-work-permit/) PANAMA WORK PERMIT Our team of professional attorneys would assist you to obtain your work permit in Panama ( if needed ).
PANAMA CITIZENSHIP & PASSPORT Panama immigration laws explain how to become Panama citizen and get Panama passport.
If one or both of your parents were citizens when you were born, you are eligible to become Panama citizen. If your spouse is a citizen of Panama, you are eligible for permanent residency and later you can apply for Panama citizenship. Once you are a permanent resident of Panama for 5 years, you may apply to become a Panama citizen and carry Panamanian Passport. ______________________________________________________________
SUMMARY PANAMA FACTS (https://www.panamalegalcenter.com/contact-us/) Panama is a small Latin American country with a population of approximately 4 million people of which more than 1 million foreigners live there. Panama borders Colombia a Rica and is a tropical country year around. It has amazing beaches both in Paci c and Atlantic oceans with cool climate in the Chiriqui mountains. Panama is a very popular expat and is a touristic place to visit as well as to live & retire. Panama City, is the capital of Republic of Panama with population of around 1.4 million. Even though o cial language of Panama is Spanish, you may nd that the new gene Panamenians speak English and most people of Colon speak English uently. History of Panama independence goes back to 1821 ( from Spain ) and then in 1903 ( from Co Panama´s o cial monetary system is U.S. dollar and it was the very rst Latin American country to adopt the U.S. dollar as its o cial currency. Panama Canal is the main source of revenue for Panama and it was built by the U.S. Army Corps of Engineers between 1904 and 1914. Panama Canal is considered one of th modern World Wonders and all ships going through Panama Canal must pay a toll for passing through. The toll varies and is based on the type of vessel, its size, and its cargo. The toll ever paid was $376,000 by the Norwegian Pearl cruise ship in 2010. According to Panama Canal Authority, the Canal´s revenue in 2018 exceeded $3.17 billion. The Panamanian constitution is investor friendly and it gives foreigners and its citizens the same right to own property.
ASK US ABOUT: PANAMA IMMIGRATION LAWS PANAMA ZERO TAX FEATURE If you wish to escape the TAX GRIP in your home country, the low taxes in Panama (or even Zero Taxes) o er a great alternative. Once you are a Panamanian resident, you are only obliged to pay low taxes on the income earned in Panama. Unlike the tax system in the USA and Europe, where citizens hav taxes on income generated abroad ( DOUBLE TAXATION ), Panama only taxes what you earn within its borders and your o shore earnings, foreign investments, and foreign sal essentially Tax-Free in PANAMA. Panama is now rated as the #1 Retirement country in the world. The cost of living is relatively low and the climate is tropical all year round. Panamanians considered friendly pe the food is delicious. Panama City airport located in Tocumen and it o ers many daily ights to Miami, New York and Europe. Panama has the most appealing programs such a tax bene ts for foreign investors and retirees discount that is unique in the world. Learn more about Panama Retirement & Residency https://www.panamalegalcenter.com/panama-retirement-residency/
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