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PERMANENT RESIDENCY INFORMATION

Friendly Nations Visa - Permanent Residency

If you are a citizen of Peru, Mexico, Costa Rica, Argentina, Chile, Paraguay, Uruguay, Brazil, Canada, the United States, or even if you have dual nationality from European countries such as Spain, Portugal, France, and Italy, among others..., this program is for you!

PGS ATTORNEYS

+507-3918878

mail@panamags.com

How can you obtain residency in Panama under this program? You have three options! You can buy a property, open a bank account in Panama, or create a company and become self-employed. This way, you can maintain your residency status and enjoy all the benefits of living in Panama.

About Friendly Nations Visa
Residency by Investment
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If the applicant requests his residency for the "purchase of a property in his name (or in the name of an entity) with a price of USD$200,000", he must:

  1. First, open a personal bank account in Panama.

  2. Transfer the funds for the purchase of said property to your account in Panama; and

  3. Acquire and finally register the property in your name in the Panamanian Public Registry.

  4. Finally apply to Residency.

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Bank Account Residency

If the applicant requests his residence for the "opening of a Fixed Term bank account", apart from the necessary bank forms, passport and copy of second identity; You must deposit "200,000 USD$ in your 3-year account" in a local Bank. For this, the bank will request "evidence of income in your country", understood by this:

  • Income Statement or Employment Letter from your country.

  • Once the term has been deposited, the migrant can apply to the National Immigration Service of Panama.

Residency for Self-employment

Given the situation that the emigrant, a national of a friendly country, has a job offer in Panama, and the Panamanian company complies with the rule of 10% of workers on a local payroll, or the migrant forms his own company and "self -hire", you can obtain this residence in Panama, with the presentation of the following:

  • Commercial business license in Panama

  • Certification of existence of the company in Panama

  • And other basic documents necessary for residency.

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List of Friendly Nations for Panama Visa

Spain
Austria
Germany
Belgium
France
Greece
Monaco
Portugal

United Kingdom
Switzerland

Ireland
Luxembourg
Netherlands
Andorra
Cyprus
Croatia

Denmark
Slovakia
Estonia
Hungary
Latvia
Liechtenstein
Lithuania

Malta
San Marino
Montenegro
Norway
Czech Republic
Serbia
Poland
Sweden

CONTACT US!

Look no further if you are looking for a country to establish residency! Join the thriving community of international residents who have chosen to make this beautiful country their home.

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Contact Information
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