Buying real estate in Panama
In Panama there are more than a dozen established laws that protect the investments of foreigners. Private property in Panamanian territory is protected by the Constitution of the Republic. Thousands of foreigners each year invest in real estate in Panama and transactions are executed daily without any inconvenience. In Panama it is completely legal for […]
Rehabilitation of Permanent Residence in Panama
Panama does not impose as an obligation that its permanent residents physically live in the country, that is, a foreigner can perfectly live in another country and maintain his Panamanian residence. However, there are certain conditions that must be met to keep the residence permit valid, such as visiting Panama once every two years at […]
Real Estate in Panama
Due to its fiscal, logistical, banking and legal benefits, Panama is the favorite place for real estate investors. Panama is one of the few places in Latin America that has laws that protect your investments. Panama is considered a business platform, and this allowed the development of a high-level banking structure, thus allowing capital management […]
Retiree Visa
You are retired or have a pension for life, so you can qualify for the pensioner visa in Panama. This visa will allow you to obtain a residence in Panama, under the condition of having guaranteed pension income for life. According to the National Migration Service of Panama, there is no age restriction to qualify […]
Domicile of Companies in Panama
The redomiciliation of Companies and Foundations or corporate redomiciliation is a process that consists of companies moving their domicile from one place to another, changing the country in whose laws they have registered while maintaining the same legal identity. Why do you do a redomiciliation of Companies? The redomiciliation of Companies is carried out for […]
Reasons why you can obtain Permanent Residence in Panama
There are several reasons why you can choose to obtain your Permanent Residence in Panama. For economical reasons: 1. Macro company investor 2. Economic solvency due to the opening of a fixed-term deposit. 3. Economic solvency in real estate. 4. Economic solvency for mixed investment. Special policies: 1. Retired annuitant 2. Retired pensioner. 3. Forest […]
“Crisol de Razas” Notice
RELEASE 01-11-2023 “Crisol de Razas” 2023 Panama, January 11, 2023. The National Migration Service informs the public that it does not contemplate carrying out an ordinary or extraordinary regularization process, known as “Crisol de Razas“, aimed at irregular migrants in our country, likewise not procedures are being carried out in the institution in this regard. […]
Migration Regularization
This procedure is addressed to all foreigners who are inside Panamanian territory illegally, you must take into account that all immigration regularization procedures must be done explicitly through a certified lawyer. However, if the foreigner obtained a provisional residence permit through the Extraordinary Immigration Regularization Process (Crisol de Razas), or through the general procedure, either […]
How to obtain Panamanian citizenship
Article 10 of the Constitution of the Republic of Panama establishes that the following may apply for Panamanian nationality by naturalization: 1. Foreigners with 5 consecutive years of residence in the territory of the Republic if, after reaching the age of majority, they declare their desire for naturalization and renounce their nationalities, they must prove […]
How to obtain a work permit as a Permanent Resident in Panama.
Executive decree number 20 of May 18, 2019, establishes a new regulation to articles 17 and 18 of the Labor Code and creates the Work Permit as a permanent resident in Panama. These articles establish the percentages for hiring foreigners in Panama, that is, within 10 percent of ordinary Panamanian personnel and 15 percent of […]