Advantages of Permanent Residence in Panama
Permanent Residence in Panama. Although it is true that there are several types of permits and categories for foreigners from certain nationalities, including the Spanish, there is a special type of permit called: Permanent Residence Permit for Friendly Countries. The Permanent Residence Permit for Friendly Countries does not require a minimum time of stay in […]
Standardization of the issuance of cards
RELEASE The National Migration Service of Panama communicates that due to the Covid-19 pandemic, the suppliers of the materials for the preparation of the card have had a delay and it has been notified that, by the end of this month of July, the supply of the materials for making the card will be standardized. […]
Changes in the migratory category of friendly countries of Panama
Minseg publishes an Executive Decree in the Official Gazette which modifies the requirements for immigration permits Executive Decree No. 197 (From Friday, May 7, 2021) THAT MODIFIES AND ADDS ARTICLES TO EXECUTIVE DECREE NO. 416 OF JUNE 13, 2012, WHICH CREATES WITHIN THE IMMIGRATION CATEGORY OF PERMANENT RESIDENT, THE SUBCATEGORY OF PERMANENT RESIDENT, AS NATIONAL […]
Modification of the requirements for immigration permits
With the promulgation of Executive Decree 197, of May 7, 2021, changes are established in the subcategory of “permanent resident” in Panama for those foreigners who come from countries that maintain friendly, professional, economic and investment relations with the Republic of Panama. Executive Decree 197 explains in detail which are the nationalities of foreigners who […]
What is Immigration Regularization in Panama
What is understood by the immigration regularization process in Panama? The immigration regularization process in Panama is aimed at all those foreigners who stayed from within the territory of the Republic of Panama irregularly for a period of one year or more and did not legalize their stay in the Republic of Panama. Through Executive […]
Permanent residence as a qualified investor in Panama II
Through Executive Decree No. 722 of October 15, 2020, Panama has created the subcategory of Permanent Resident as a Qualified Investor. This is for those foreigners who invest at least $ 500,000.00 from a foreign source, which can be in a personal capacity or through a legal entity. Advantage: Simplify and facilitate the procedures, guaranteeing […]
The migratory movement increases in Panama
The National Migration Service of Panama, highlights that the monthly migratory movement of travelers through the Republic of Panama is increasing during the first months of this year 2021. It is noteworthy that the total income by air, land and sea in the period January-March 2021, was 210,776 people and the exits through these checkpoints, […]
Reviews
Thank you for your contribution, to leave us your testimony, please click on the button below this text and fill out the form.
How the business closure process should be to avoid future taxes.
In the process of closing companies to avoid future taxes, it is necessary to carry out procedures with the following entities: 1) Public Registry (if it is a company or legal person), 2) Ministry of Commerce, 3) Local municipality, 4) General Directorate of Income (DGI), 5) Social Security Fund (in the case of having had […]
Permanent Resident as a Qualified Investor
The Government of Panama created the sub-category of Permanent Resident as a Qualified Investor. The Ministry of Public Security of Panama through decree number 722 has created the sub-category of Permanent Resident as a Qualified Investor, which belongs to the category of Permanent Resident. Who is it for? This residence is aimed at foreigners who […]