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PANAMA IMMIGRATION SERVICES
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PANAMA RESIDENCY, VISA & PASSPORT PANAMA IMMIGRATING SERVICES PANAMA LEGAL CENTER
The Trusted Name For Panama Immigration Services If you are thinking about immigrating to Panama, our attorneys are expert in Panama immigration services and would expedite your immigration application to obtain pe residency. With over 20 years of experience in Panama immigration services, we have the know-how and experience to get your Panama residency visa in no time at a competi Whether you qualify under FRIENDLY NATIONS VISA, RETIREMENT RESIDENCY or INVESTMENT RESIDENCY, we can advise the best option to immigrate to Panama. We unders Panama Immigration Law and Panama immigration services is our primary work.
WE ARE A TEAM OF TRUSTED IMMIGRATION ATTORNEYS IN PANAMA CITY Our experienced Panama immigration attorneys are here to assist our foreign clients to obtain Panama permanent residency and citizenship. In addition, if you need Panam Permit, we can apply on your behalf to Ministry of Labor and get your Panama work permit. We know the best way to handle your immigration residency visa. ASK US ABO PANAMA IMMIGRATION SERVICES (https://www.panamalegalcenter.com/contact-us/) LEARN ABOUT HOW TO DO BUSINESS IN PANAMA (https://www.panamalegalcenter.com/how-to-do-business-in-panama/)
PANAMA IMMIGRATION SERVICES Panama Friendly Nations Visa Panama Residency Visa Panama Legal Center is a trusted legal center in the heart of Panama City and have been helping its foreign clients for more than 20 years. Panama immigration services is what we do best. Our attorneys have the know-how & experience handling immigration cases for foreigners. Panama immigration services & requirements for getting Panama visa and residency consist of documents such as; police report, bank reference letter, proof of economic solvency, etc. Inquire about how to get Panama residency TODAY! https://www.panamalegalcenter.com/panama-residency/ (https://www.panamalegalcenter.com/panama-residency/)
Panama Legal Center Is A Full Service Legal Center In Panama That You Can Trust For All Panam Immigration Services Including Panama Residency Visa, Citizenship & Passport
Our Experienced Legal Team Panama Legal Center experienced immigration attorneys can expedite your Panama application for Panama residency visa.
We provide Free of Charge Consultation for our Panama Immigration Services You can get in touch with us about our Panama immigration services, best strategy to immigrate to Panama and immigration cost. In addition to our Panama immigration serv attorneys are experienced to assist you with setting up corporations, foundations, o shore asset protection and o shore banking. At Panama Legal Center, we are prou immigration work and we are here to service your legal needs in Panama. Panama immigration law is liberal and it provides various programs that enable foreigners to obtain pe residency, citizenship and Panama passport. For example, Panama Friendly Nations Visa quali es foreigners from 50 friendly countries to apply and become Panama resid citizen. Moreover, Panama immigration services & Panama immigration laws have been created to promote Panama foreign investment. Learn more about our Panama immigration services & Panama Friendly Nations Visa https://www.panamalegalcenter.com/panama-friendly-nations-program/
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ASK US ABOUT OUR SPECIAL PANAMA RESIDENCY VISA PACKAGE Panama Legal Center is a well known trusted rm in Panama city that handles immigration issues such as; Panama permanent residency, Panama citizenship and Panama work Our immigration attorneys will represent you before Panama Immigration Agency to obtain your residency visa. Panama immigration o ces accept applicant’s residency solicitude only via A Panamanian Licensed Attorney. So once you decide to move to Panama, you need to retain an exp immigration attorney to represent you before Panama Immigration o ces. Our Panama immigration services include consulting the best program for you to obtain Panama pe residency in Panama. Our Panama immigration services include Panama residency programs such as:
PANAMA FRIENDLY NATIONS VISA PANAMA PENSION ( RETIREMENT ) VISA PANAMA SELF ECONOMIC SOLVENCY VISA REFORESTATION VISA INVESTMENT VISA BUSINESS VISA PROFESSIONAL VISA For more information about relocating to Panama, visit https://www.panamalegalcenter.com/panama-relocation/ (https://www.panamalegalcenter.com/panama-relocation/)
WHY TO IMMIGRATE TO PANAMA? Republic of Panama is a small Latin America country with a population of approximately 4 million habitats. Panama has been number one destination for relocation since it o values that other countries won’t. Here’s some Panama advantages:
Panama is a safe & secure country Panama is a business hub of Latin America Panama o ers best privacy & con dentiality to its investors Panama is pro immigrant with friendly people Panama is a ” TAX HAVEN” country Panama o ers tax exemption to individuals & corporation Panama ‘s currency is U.S. dollar Panama is a tropical country with sunshine all year around Panama o ers business & investment opportunities Panama o ers asset protection to foreigners Panama o ers discount up to 25% to retirees
HOW TO IMMIGRATE TO PANAMA? Immigrating to Panama is fairly a simple process for investors and retirees. Our mission, at Panama Legal Center is to service needs of foreign investors & retirees in the Re Panama. You could trust and consult with us about your speci c situation FREE OF CHARGE. Our experienced attorneys and bilingual sta would listen to you to understand your in order to best service your personal needs. For example, if you need Panama residency as well as Panama Multiple entry / exit visa, we can expedite the immigration process, as a result you obtain your Panama residen visiting Panama as a tourist. Panama Legal Center objective is to provide FIRST CLASS SERVICE and make your stay in Panama fun & productive. Our Panama immigration services in terms of Panama immigration law include:
Consulting personal immigration Law & Relocation Provisional Residency Visa Permanent Residency Visa Retirement Visa Friendly Nations Visa Reforestation Visa Citizenship & Panama Passport Panama Work Permit Family Immigration Law Refugee Immigration Law Deportation Issues Diplomatic Immunity Law Employment & Residency Visas Immigration Discrimination Law Political Asylum Law Business & Investment Immigration Law
How Much It Cost To Immigrate To Panama?
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We provide FIRST CLASS SERVICE and FEE FOR OUR PANAMA IMMIGRATION SERVICES IS COMPETITIVE. You’ll nd our rm performance oriented and very transparent. In order t CONSULTATION your Panama residency visa, you need to have an experienced Panama immigration attorney to represent you before Panama immigration authority. However some Panamanian h
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charge an arm & lag for their services. However, at PANAMA LEGAL CENTER, you can trust us with our work and your personal information. Con dentiality & privacy is essenti services.
ASK ABOUT OUR PANAMA IMMIGRATION SERVICES & PANAMA RETIREE VISA https://www.panamalegalcenter.com/retire-in-panama/! Learn more about how to establish a private Foundation in Panama https://www.panamalegalcenter.com/setting-up-a-foundation/ (https://www.panamalegalcenter.com/setting-up-a-foundation Our immigration attorneys have been doing Panama immigration services for over 20 years
HOW TO GET “PANAMA VISA”? Panama visa is approved & granted to foreigners of certain countries by Panama Immigration authority. This visa authorization allows foreigners to en SUMMARY PANAMA VISA REQUIREMENTS 1. Valid Passport 2. Economic financial solvency 3. have a round trip ticket to the country of origin or residence.
HOW TO GET IN TOUCH WITH US? In this day of age and modern Internet world, it is easy to nd us on the map and could contact us via phone, chat or EMAIL.
FREE CONSULTATION TELEPHONE: (507) 6231-8616 CHAT: (507) 6231-8616 ( WHATSAPP ) EMAIL: info@panamalegalcenter.com You can ask us about all your concern and ask us to quote you for our legal services. We are transparent and our fees are competitive. We o er our foreign clients PANAMA RE PACKAGE. With our Panama residency Package, there are no surprises or hidden fees. Another words, we quote you a fair price to obtain your Panama residency visa.
PANAMA IMMIGRATION SERVICES & RESIDENCY VISA If you are part of company relocation, our experienced attorneys and relocation sta will make sure you obtain Panama work permit and residency visa in no time.
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Our Immigration Attorneys Are Here To Assist You to Obtain Panama Residency CHAT! FREE CONSULTATION (https://www.panamalegalcenter.com/contact-us/) Get Button
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TELEPHONE: (507) 6231-8616 CHAT: (507) 6231-8616 ( WHATSAPP ) EMAIL: info@panamalegalcenter.com
HOW TO BECOME A PANAMA CITIZEN? Our licensed attorneys have more than 20 years experience in Panama immigration services. We have been assisting thousands of foreigners to get their permanent reside citizenship in Panama. We provide FIRST CLASS SERVICE to our international clients whether it is citizenship or Panama residency via Friendly Nations Visa program. We do not ha o ces in other countries nor we are a blogger. Panama Legal Center only work is Panama immigration services in Panama. Another words, our focus is about Panama imm services & Panama immigration laws. So rest assured that you will be dealing with professionals that their job is Panama immigration services & Laws. Lear more about, Panama immigration services / Panama business opportunities https://www.panamalegalcenter.com/how-to-do-business-in-panama/ (https://www.panamalegalcenter.com/how-to-do-business-in-panama/)
HOW TO OBTAIN PANAMA PERMANENT RESIDENCY & CITIZENSHIP? “PANAMA IMMIGRATION SERVICES” PANAMA RESIDENCY & PANAMA CITIZENSHIP PANAMA FRIENDLY NATIONS VISA, PANAMA RESIDENCY, OFFSHORE
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nancial needs. It may includes Panama residency, private o shore trust & o shore banking.”
ARE YOU ELIGIBLE FOR “FRIENDLY NATIONS” VISA? Find OUT about our Panama immigration services / Panama Friendly Nations Visa Program NOW! https://www.panamalegalcenter.com/panama-friendly-nations-program/
EMAIL US: info@panamalegalcenter.com SUMMARY OF OUR PANAMA IMMIGRATION SERVICES :
Panama Friendly nations visa Retirement visa ( Retiree visa ) Reforestation visa Professional employment visa Business Investment visa Self solvency economic visa Married to a Panama citizen Have a child born in Panama ( min. 5 years old ) OTHER PANAMA IMMIGRATION SERVICES INCLUDE;
Setting Up Panama o shore companies Setting Up Private Trusts & Foundations Setting Up O shore Asset Protection Setting Up O shore Bank accounts Financial Advisory Panama Investment Panama Investment & Business Opportunities
CONTACT US TODAY & ENJOY STRESS FREE LIFE IN PANAMA! TELEPHONE: (507) 6231-8616 CHAT: (507) 6231-8616 EMAIL: info@panamalegalcenter.com Learn more about Multinational Corporations https://www.panamalegalcenter.com/multinational-corporation-sem/ (https://www.panamalegalcenter.com/multinational-corporation-sem/) CHAT! FREE
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HOW TO IMMIGRATE TO PANAMA FROM SOUTH AFRICA? ; COMPLETE GUIDE We are trusted and experienced rm and have assisted many of our South African clients to relocate to Panama. Our Panama immigration services to our foreign clients such Africa citizens is part of what we do everyday. Today, South Africa is going through internal crisis and many South Africans may face forfeiture of their assets and fear of their life is believed that the latest wave of xenophobic attacks are to blame for South Africa’s social and economic woes. Panama Legal Center can provide the best Panama immigration for citizens of South Africa and process approval of their immigration application. Many South African citizens have chosen to relocate and change their domicile to Panama. Panama is a tropical country located in Central America and o ers easy immigration people of South Africa Via Friendly Nations Visa. Our Panama immigration services seem to be the right choice for many citizens of South Africa, as a result, they can continue without fear. South African citizens can take advantage of Panama tax bene ts and its tropical Latin lifestyle. Whether it is time for you to retire or wish to immigrate to Pan investment reasons, we believe Panama o ers a great option for citizens of South Africans.
ASK US ABOUT OUR SPECIAL PACKAGE “PANAMA IMMIGRATION SERVICES” FOR SOUTH AFR CITIZENS (https://www.panamalegalcenter.com/contact-us/)
Get in touch with us today
TELEPHONE: (507) 6231-8616 CHAT: (507) 6231-8616 ( WHATSAPP ) EMAIL: info@panamalegalcenter.com At this time, many South African families already have moved to Panama to enjoy Panama secure & easy lifestyle.
DISCOVER OUR PANAMA IMMIGRATION SERVICES FOR SOUTH AFRICAN CITIZENS
Panama Appeal For South Africans People of South Africa are hard working people and the main reason some choose to immigrate to Panama is because of lack of safety and security in the country. South Africa h going through a transformation for number of years and no longer seems to be an ideal place due to race issues. In the past, South Africa was a British Colony however due to system transformation as well as race issue, the country going through great crisis. South Africa no longer follows the British laws. and today South Africa is an independent count
WELCOME TO PANAMA In the past when a South African citizen decided to immigrate to another country, their choice could haven been some English speaking countries such as: England, USA, Australia Zealand however due to increase in cost of living and immigration requirements of each country, the mentioned countries no longer seem to be good options. Instead Panama s be the best option for South African citizens because of various reasons such as:
Easy and a ordable immigration process to Panama Low cost of living in Panama Easy Panama lifestyle Panama friendly people Booming Panama economy Ability to work in Panama Panama investment opportunities Panama banking & business privacy Panama safety & security environment Panama exceptional retirement bene ts. You can contact panamalegalcenter and inquire about the best strategy for you and your family to immigrate to Panama.
How Panama Immigration Services & Residency Visa Works For South African Citizens? Fortunately immigrating to Panama from South Africa is very simple and easy. Our expertise is Panama immigration services and South Africa is one of 50 countries that cons CHAT! FREE
CONSULTATION friendly country to Panama and therefore South African citizens can apply and immigrate to Panama under: PANAMA FRIENDLY NATIONS VISA. Panama is pro immigrant cou welcomes foreigners. Here’s summary of our Panama immigration services & various options to immigrate to Panama:
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PLAN 1: Panama Friendly Nations Visa: South Africa South African families can take advantage of this Panama immigration process to obtain permanent residency and ultimately Panama citizenship. Panama has designed thi migration plan for foreign citizens of 50 nations to Panama to easily immigrate to Panama. South Africa considered to be one of Panama’s friendly nations. If you are a citizen Africa, we recommend to use this plan to immigrate to Panama. One of the requirements of Panama immigration services is having a clean police report. We at panamalegalcenter understand Panama immigration laws and can assist South citizens to relocate to Panama to start their own life & business in Panama. With this type of residency, we can help you to obtain Panama permanent residency as well as Pana permit to legally work in Panama. Once we apply for your Panama residency, upon approval, you will receive your temporary residency in Panama and usually within 3 months, get your Panama permanent and Cedula. In addition to clean police report, you need to have a bank account in Panama with minimum of $5,000. deposit in your bank accoun have dependents such as wife and children, additional $2,000. needed to be added to original deposit. Another Panama immigration services requirement for this type of visa is your own business in Panama. So we need to form a company for you in Panama and you will be the owner of your own company. We advise you to get in touch with us today an advise you of all the Panama immigration services required documentation and qualify you of the Panama Friendly Nations Visa.
PLAN 2: Panama Retiree Visa Under this Panama immigration services plan, anyone with a pension of $1,000. per month can apply to become Panama resident. Whether your pension is from a private com receiving a social security check from government. Another words, if you can demonstrate that you are receiving $1,000. a months for life, Panama o ers you permanent reside ultimately Panama citizenship. Panama retirees visa is very unique and o ers many discounts to retirees. Discounts for medical, dentist, medication, restaurants, etc. of 25% sav up. For more information about Panama retiree visa, contact us or visit the following link for our Panama immigration services/ Panama retireme https://www.panamalegalcenter.com/retire-in-panama/
PLAN 3: Panama Reforestation Visa If you are from South Africa and interested in growing teak trees or other agricultural products and reforestation projects, then this plan may work for you. Our Panama imm services include Panama reforestation visa. By investing $80,000. in Panama reforestation, you can get Panama residency and citizenship. Let us know and we will ll you in o Panama immigration services details and requirements.
PLAN 4: Panama Professional Visa If you have a college degree and wish to reside in Panama, we can apply to get your residency via Panama professional visa plan. Under this Panama immigration services plan, be employed by a Panamanian company and receive your salary from a Panama company and get your residency visa. Your work for a Panama company as a “professional” cons quali cation to immigrate to Panama. contact us at: https://www.panamalegalcenter.com/immigration-moving-to-panama/ for more detailed information about professional r visa,
PLAN 5: Panama Parent Of A Panamanian Child If you are a foreigner and having a child who was born in Panama, after the child’s 5th birthday, you are quali ed to get Panama residency. Inquire about details of this plan. As pa Panama immigration services, we can assist you to obtain your Panama residency & Passport
PLAN 6: Married to a Panama Citizen Visa If you are a foreigner of South Africa or any other country and are married to a Panamanian citizen, you are quali ed under this plan to become a Panama resident and citizen about our Panama immigration services details of this plan.
PLAN 7: Panama Investor Visa If you are a foreigner and can invest sum of US$160,000. in a Panama corporation, you will be quali ed for Panama residency. Inquire about Panama immigration services detai plan.
PLAN 8: Panama Economic Solvency Visa If you can invest a minimum of $300,000. in a Panama bank CD or Panama real estate properties, then you be quali ed to get Panama residency. Inquire about Panama imm services details of this plan.
PLAN 9: Panama Domestic Visa If you are a domestic worker, a gardener, a chau eur, etc. , Panama o ers residency to you. Inquire about Panama immigration services details of this plan.
We Assist South Africa Citizens To Immigrate To Panama Ask us about our Special Package Rate for South African Citizens If you are citizen of South Africa and looking to relocate to Panama, we can help. We have assisted many South African families to move to Panama and get their residency visa in By contacting panamalegalcenter for their Panama immigration services, you will be speaking to one of our quali ed immigration specialists, you be amazed how easy it would be to Panama from South Africa and enjoy the easy going Panama lifestyle. We can advise you what is the best plan that suits you and your family. We recommend Panama Friendly Visa when it comes to immigrating to Panama from South Africa. However there are immigration strategies that might t your criteria. Our expert attorneys will analyze and fully various options for immigrating to Panama. Panama is a tropical country with friendly Panamanians welcoming people from all over the world. If you are from South Africa, you are welcomed in Panama and soon you’ll nd as your HOME FOR LIFE. You may come to Panama for a visit and tour the country rst to get a sense of environment. In Panama, o cial language is Spanish and you can lea Spanish language fairly quickly to communicate with Panamanians. However there are many Panamanians that speak uid English.
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HOW TO IMMIGRATE TO PANAMA FROM INDIA? ; COMPLETE GUIDE As of June, 1st, 2018, Decree 113 of 2018, citizens of Republic of India will be able to enter Republic of Panama with a Stamped Visa. If you are a citizen of INDIA and interested i Panama or immigrate to Panama, then you need to apply for a stamped visa. You need to contact one of the consulate of Panama in New Delhi and or in Mumbai for Panama S Visa. The above Panama consulates are authorized to issue the Stamped Visa and it will cost US$50.00. Remember that citizens of India are not part of countries that quali es waiver and need to get Panama Visa and their passports stamped. Stamped visas approval process may take from a few days up to 30 days depending on the completion of the r the application. We do not recommend that Indian citizens purchase their Panama airline ticket until such time that they Panama consulate have stamped their passport. According to Executive Decree 320 of 2008 IF YOU ARE FROM ONE OF THE FOLLOWING COUNTRIES AND DO NOT QUALIFY FOR THE VISA WAIVER OR DO NOT REQUIRE AN AUT VISA, YOU WILL NEED A STAMPED VISA.
ATTENTION CITIZENS OF INDIA: IF YOUR PANAMA VISA IS APPROVED BY THE CONSULATE, YOU MUST PERSONALLY GO TO PANAMA CONSULATE IN INDIA TO GET THE VISA STAMPED ON YOUR PASSPORT
List Of Countries That Need STAMPED VISA Cameroon Central African Republic Cuba Dominican Republic Ghana India Malawi Philippines Republic of China Republic of the Congo Swaziland Togo Venezuela Zimbabwe All investors or tourists must request a visa at the Consulate of Panama in India, where the consular sta , will review your application and may issue a Stamped Visa valid for entries. Panama consulate o ce in India has the complete discretion of issuing or denying panama visa to citizens of India. If you are a citizen of INDIA and looking for Panama permanent residency and Panama Passport, contact us for expedited process.
EMAIL: info@panamalegalcenter.com
CITIZENS OF INDIA; HOW TO GET PANAMA STAMPED VISA? In order to get your passport stamped by Panama consulate in India, you need to follow the following protocols:
1. Fill out the Visa Application Form ( must be valid for 3 months ) 2. Copy of resident card, personal identi cation document from country of origin or US Permanent Resident card or US Visa, if applicable. 3. Photographs ( 3 Photos size: 2 X 2 white background) 4. Application fee of $50. Once you submit the required documents to the Panama Consulate in India, the consulate authorized sta will review your application and in just a few days to approve Panama S Visa. NOTE: All documents must be translated to Spanish language by a certi ed Spanish translator.
PANAMA IMMIGRATION AND VISAS Panama Visa Exemption EXECUTIVE DECREE # 521 Article 1: “Any person of nationality who requires a visa to enter the Republic of Panama, who has a valid Visa or Residence, duly issued by Canada, the United States of Ame Commonwealth of Australia, the Republic of Korea, the State of Japan, the United Kingdom of Great Britain and Northern Ireland, Republic of Singapore and any of the States th up the European Union, may enter the national territory ” Article 2: The visa granted by the countries mentioned in the previous article must be a multiple entry visa, has been used previously in the territory of the granting State and it shall not be less than six (6) months at the time of entering Panamanian territory. . If you meet the following requirements, you will qualify for the aforementioned decree: • Everyone must have a valid passport with a minimum of three months validity. • Everyone with a multiple entry visa with six (6) months of remaining validity from ONE of the following countries: Canada, United States of America, Australia, Korea, Japan Kingdom, Ireland and Singapore and any of the States that make up the European Union • Everyone that uses this Visa exemption, must have used this visa to enter the country. For example, if you have a visa from the United States, you must have entered the Unite with that visa in order to qualify for the exemption. • Panama immigration O cers are accepting the visa exemption of Executive Decree # 521, if the holder has a valid permanent residence card of the United States. • All tourists must show proof of economic solvency for a minimum of US $ 500.00 upon entering Panama. For detailed information get in touch with us: https://www.panamalegalcenter.com/panama-relocation/ (https://www.panamalegalcenter.com/panama-relocation/) IF YOU HAVE BEEN INVITED TO VISIT PANAMA; You need to submit the following documents:
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1. notarized and authenticated copy of Panamanian’s identity card 2. notarized and authenticated copy of the Passport 3. payment receipt of any public service in Panama, stating the address of the responsible person 4. Proof of economic solvency such as: Bank certi cation Income statement showing good standing Employment letter and Social Security deduction voucher IF YOU HAVE BEEN INVITED BY A COMPANY; You need to submit the following documents:
1. Certi cation of the Public Registry in Panama 2. Copy of the Notice of Operations of the Company 3. Copy of receipt of payment for public services 4. Bank certi cation / Social Security deduction voucher
IF YOU HAVE A DIPLOMATIC PASSPORT OF THE FOLLOWING COUNTRIES, NO NEED FOR A VISA Cuba * Dominican Republic * Haiti Indonesia *Philippines *Republic of China Venezuela
AUTHORIZED VISA NEEDED FOLLOWING COUNTRIES THAT DO NOT QUALIFY FOR THE VISA WAIVER, NEED PANAMA AUTHORIZED VISA
For issuing authorized visas, the approval process may take up to 60 business days or longer, depending on the veri cation and completion of applicant documents. W recommend to buy your Panama round trip ticket before your Panama authorized visa is approved. Panama immigration services is what we do all day. Consult with us if you have any questions and need to apply. EMAIL us at: info@panamalegalcenter.com It
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FACTS ABOUT PANAMA Panama has become one of the most popular destination for relocation, investment & retirement in the world. Panama provides a comfortable lifestyle at costs that are mu than North America, Canada & Europe. Panama is known as “TAX HAVEN” country and is considered the best jurisdiction for asset protection. Panama’s stable economy, tropica all year around & beautiful beaches makes it an ideal place to live, invest and retire. Republic of Panama, is a small country located in Central America that borders Colombia a Rica. Panama is a tropical nation, famous for its natural beauty, hundreds of bird species, diverse plant and animal life. Panama also is known for its Panama Canal that connects and Paci c ocean.
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cities-locator.jpg) https://www.panamalegalcenter.com/panama-retirement-residency/ Panama’s Native tribes include; the Kuna, Guaymí and Chocó, that represent original decedents of Panama population. Panama became the rst Spanish colony on the Paci c an 1530s was the staging point for the Spanish conquest of the INCA empire. Until the 19th century Panama was a transshipment point for gold and silver destined for Spain. Howe the independence of Colombia, from Spain, Panama served as a territory for oceangoing migrants to the gold elds of California.
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(https://www.britannica.com/video/179497/Overview-Panama-Canal) Overview of the Panama Canal. https://www.panamalegalcenter.com/retire-in-panama/
Panama Canal Panama Canal’s 51 mile long considered a shortcut for shipping industry and world commerce. The Panama Canal, started by French and then completed by the United States. Canal operated continuously by Americans since its opening date in 1914 till 1999. In 1977, the United States signed a special treaty with Panama to relinquish Panama Canal to of Panama. Americans eventually relinquished jurisdiction of the Panama Canal On December 31, 1999 and subsequently U.S. troops withdrew from Panama for good. At t Panama became an independent nation without other countries interference. Today, Panama is a sovereign nation and enjoys its independence. Panama’s capital is Panama City and is lled with skyscrapers and high rise buildings. Panama’s culture is m Colombia, Spain and USA in uences. Finally Panama has become a nancial hub of Latin America and the country considered pro growth, pro immigrant and pro investors.
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Panama Climate Panama climate considered tropical but conditions are di erent on the Atlantic and Paci c sides of western Panama, especially the amount of rainfalls during rainy season.
Panama Nature & Wild Life Panama, In spite of its relatively small area, has great varieties of landscapes and habitats. Panama’s tropical rain forests, beautiful beaches covered by stilted mangrove trees s picturesque landscape. Panama’s Darién province has one of famous Panama national parks.
Panama Ethnic groups In the 16th century, when the Spaniards came to the isthmus, it was occupied by Kuna, Guaymí, Chocó, and other American Indian groups. During colonial times people from Afr brought to Panama as slaves, and during the 19th century, with the construction of the Panama City and Colón railroad, new groups of immigrants arrived from China, Spain France, USA, Jamaica, etc. Nowadays Panama population is very mixed and you could nd any type of ethnicity living & working in Panama.
Panama Language Panama o cial language is Spanish however you can nd many educated Panamanians speak English as well.
Panama Religion
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Panama religion is very diverse but it is estimated that majority of Panamanians are of Catholic sect. In addition to Catholics, you can nd many Jewish, Protestants, Evangelical, e in Panama
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in Panama.
Panama Population Panama population estimated to be around 4 million and keep growing due to in ux of immigrants from all over the world. Everyday that goes by, more investors and retirees re Panama. The main reason for immigration demand because; Panama o ers tax exemption to foreign investors and huge discounts to retirees.
Panama Economy One of the most important source of income for Panama is its Panama Canal. For example, Panama Canal revenue in 2018 exceeded $3. billion dollars. In addition to Panama Canal, Panama tourism is thriving and many tourists from all over the world come to Panama for a visit.
Panama Agriculture The most common agricultural products are co ee, sugarcane, bananas, rice, plantains, corn and oranges.
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Panama Minerals Clay, limestone, and salt are the leading mineral products. In addition, gold, ferrous sand, and manganese have been mined on a small scale. There are commercially signi cant bu unexploited deposits of copper, including the Cerro Colorado nd in Chiriquí province.
Panama Electricity Electricity was long distributed by the state-run Institute of Hydraulic Resources and Electri cation before it was privatized in 1998. Much of Panama’s electricity is private and is ge by hydroelectric dams.
Panama Manufacturing Panama’s manufacturing is limited to food processing such as sh, sugar, bananas, and cacao and the production of natural gas and electricity.
Panama Finance & Business Finance and trade are the cornerstones of the Panamanian service sector and O shore Banking and international nance is part of Panama daily life business.
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Panama Currency The national currency, the balboa, is issued only in coins. The balboa is at par with the U.S. dollar, and U.S. dollar is Panama currency.
Panama Stock Market The Stock Exchange of Panama was founded in 1960 and there more than 20 companies that trade on Panama stock exchange.
Panama Imports Panama’s principal imports are machinery, fossil fuels, transportation equipment and chemical products. One-fourth of imports are from the United States. Smaller amounts co China, Mexico, and Costa Rica.
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Panama Export Panama Export include food products such as bananas, shrimp, and co ee, wood and meat. The United States takes the largest share of these exports. Other principa destinations are Germany, Costa Rica, China, Taiwan, and the Netherlands.
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Panama Free Trade Zone Panama Free Zone located in Colon part of Panama and it consists of imports and exports of all types of products such as closing, electronics, chemicals, machinery, etc.
Panama Tourism Tourism contributes nearly one-fourth to the Panamanian economy after nance and real estate sector. The Panamanian government’s tourism bureau encourages the preserv traditional holidays, folk music, and folk dances.
Panama Labor Panama labor is abundant and relatively cheap when comparing to North America labor cost. Minimum wage of a Panamanian labor is about $500. per month.
Panama Tax Panamanian pay little tax to the government and Panama do not impose any type of taxes to foreign investors. Panama is considered the ideal “TAX HAVEN” country in the world.
Panama Transportation Since prehistoric and ancient times the Isthmus of Panama has been an intercontinental passageway for migration. Today, Panama links the Paci c & Atlantic oceans togethe Panama Canal.
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Miguel-Locks-ships-Paci c-side-Panama.jpg) https://www.panamalegalcenter.com/multinational-corporation-sem/ (https://www.panamalegalcenter.com/multinational-corporation-sem/) Tocumen Airport, Panama’s international airport, is served by major airlines. There are regular ights between Panama City airports, to more than 100 destinations throughout th
Panama Telecommunications Panama has several private telecommunication companies that provide TV, Internet and cellular phones to public. Fast Internet connection and
ber optic is available in
Companies such as Cable & Wireless, Claro and Cable Onda considered best telecommunication companies in Panama.
Panama Constitutional framework Panama is a democratic country and elect their representatives such as president, congress, mayors, etc. Panamanians of 18 years and older can vote to elect their elected o cial
Panama Provinces The country is divided into 10 provinces and three comarcas (indigenous sectors)—Kuna Yala (San Blas), Emberá (Emberá-Wounaan), and Ngöbe Buglé (Guaymí). The provinces are into municipalities, which are subdivided into corregimientos. The head of each province is the governor, appointed by the president.
Panama Law & Order Ultimate Judicial power rests with the nine members of Panama Supreme Court. The Supreme Court is composed of separate divisions for civil, penal, and administrative cases.
Panama Politics Panama’s main political parties include; PRD, CD and the Panameñista Parties.
Panama Military & Police Panama military and police forces have often been synonymous. For several periods during the 20th century, the Panamanian police / military took control of the governm oversaw internal security. In addition, prior to 1999, U.S. soldiers intervened occasionally to quell Panamanian civil disturbances.
Panama Health Care System Most Panamanian employees participate in health care bene ts via social security administration program. Private hospitals in Panama are equipped with latest medical technolo specialists.
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Panama Housing Most Panamanians live in housing types according to their socioeconomic status. Housing in Panama City ranges from fashionable high-rise condominiums to small home suburbs. Majority of newly built high rise condominiums are bought by foreign investors.
Panama Education System Elementary education is mandatory for all children between ages 6 and 15. It is estimated that more than nine-tenths of the adult population (age 15 and older) is literate. Panama’s culture is a blend of African, American Indian, North American, and Spanish in uences, which are expressed in its traditional arts and crafts, music, religion, sports, and
Panama Social Life Panama has adopted elements of food and culture from South and Central America, the Caribbeans, African in uences, North America and the Middle East.
Panama Sports Baseball and soccer is played throughout the nation, and many Panamanians have played on professional teams in the United States, including Rod Carew, who was one of th greatest hitters, and Mariano Rivera, a much-praised pitcher for New York Yankees. Roberto Durán, is a world champion boxer who won world titles in four weight classes.
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