World Youth Day Panama Immigration Laws
World Youth Day (WYD) is a great religious and cultural event that gathers young people from all over the world every three years, with the aim of making the message of Christ known to the young people of today and to create an open and convivial environment to share and reflect together on the fundamental […]
Types of Corporations in Panama
In Panama there are two types of Corporations in Panama – One operating in the republic and – offshore where their operations are outside the territory. Capital Requirements The corporations must be constituted with a capital of no less than 10,000.00 dollars, which does not have to be deposited. For the creation of a company […]
How to Apply for a Work Permit in Panama
It is essential if you wish to work in the country that you apply for and obtain a work permit in Panama and this will only be granted if your potential employer can prove that the work cannot be done by a qualified Panamanian. You must apply for the Work Permit in Panama through the […]
How to become a Panamanian citizen?
The Panamanian Magna Carta is the fundamental law to know how to become a Panamanian citizen. Therefore, the Constitution of the Republic of Panama provides in Article 8 that Panamanian nationality is acquired by birth, naturalization or by constitutional provision, once naturalization is managed and approved by the competent authorities you will be sworn in […]
Requirements to apply for naturalization in Panama
Apply for naturalization in Panama is a goal for many foreign citizens who reside in the country and decide to make this their home for themselves and their families. These are the requirements that must be presented before the Ministry of Government and Justice: Once these requirements have been fulfilled, the Ministry of Government and […]
What is the best bank in Panama to open a bank account?
The Panamanian banking system has grown and evolved since its foundation in 1904 to position itself as one of the most stable and solid in the region. It is made up of more than 90 financial entities where approximately 20 thousand people work and contribute more than 7% of the Gross Domestic Product (GDP) of […]
Requirements for Temporary or Permanent Residency in Panama
The Panamanian legislation provides the opportunity to obtain a temporary or permanent residence in Panama for foreign citizens who wish to settle in the country and live indefinitely in the national territory. Allowing him to enjoy multiple benefits including, after at least 3 years of residency, naturalize as a Panamanian citizen and obtaining the right […]