Panama immigration visa and residence options
Lawyers / Attorneys Panama
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We help you every step of the way. Commercial and economic migration law. Relocation and employment. Retirement Immigration. Visa for friendly Nations. Family Reunification. Nationality and citizenship. Asylum and regularisation . Law and visa
We can help you.
Our Immigration Lawyers assists both private individuals and companies in immigration law matters. In the case of private individuals, you can think of a residence permit for work and family. At companies we can offer guidance with, for example, work permits under the highly skilled migrant scheme. Advice and guidance is also available in obtaining business and Investment Immigration visas.
Our Lawyers are prepared to stand by you through the complex, ever-changing immigration landscape. From the first consultation,
through case completion, our Immigration Lawyer seeks
to understand your overall goals and intentions leading to a concise case strategy and successful outcome.
Application procedure for a residence permit remains customized
The application procedure differs for each type of application and the conditions also depend on nationality. Immigrationvisa247.com and the Lawyers can discuss your wishes with you and advise which residence application is most suitable for your situation. We can also guide the entire application for you.
The Panama regulations regarding Immigration are complicated. Adverse decisions by the IND often have far-reaching and direct consequences. It is often important that you are quickly helped with your problem.
Immigration Lawyers has a Telephone Helpdesk for emergency situations. Fill in the contact form and you will be called back as soon as possible (within 24 hours) by an expert employee. It is most useful for us if you provide a short description of your problem in advance.
The permanent resident status is granted to three types of foreigners: those who enter the country with the intent to settle down for economic and investment reasons, those who enter due to special policies, and those who enter for demographic and family regrouping purposes.
IMMIGRATION RESIDENCY CITIZENSHIP PASSPORT
An Overview of Panamas New Qualified Investor PR Program
On October 16, 2020, Decree 722 of October 15, 2020 was published, creating the category of Permanent Resident (PR) as a Qualified Investor (QI) in Panama.
To be eligible, the applicant must make an investment (typically in real estate) for a minimum of US$300,000 from a foreign source. In October 2022, the investment amount will increase to US$500,000. To keep permanent residence, the applicant must maintain the investment for a minimum period of five years.
In order to offer a more simplified and agile service to the investor, the government has created a “fast-track” route; applications under this category may be submitted prior to entering Panama through a local lawyer, on the condition that prior to the issuance of the immigration card, the filiation process is completed. This request must be resolved in a period of no more than 30 business days. After this period, the applicant will only need to visit Panama for one week to obtain PR.
The chief advantage of the QI route to PR in Panama is that the investor doesn't actually need to travel to Panama until the PR is ready. All other routes to PR require multiple visits to the country ahead of time, and also mandate longer waiting periods before qualifying for the PR; anywhere from six to 24 months, depending on which route the investor uses.
Once you obtain your residency, you only need to spend one day every two years in the country to maintain your permanent resident status. A simple transfer through the airport would also qualify as a day, for these purposes.
BUSINESS & CORPORATIONS
Because we are lawyers who brings value, I am personally interested in your business success.
- Whether you are new business owner and want someone knowledgeable to guide and protect you
- Whether you are an experienced investor and want a top-notch lawyer without all of the overhead
You need a one-of-a-kind business lawyer with all of the credentials, none of the ego, who wants you to succeed and grow.
Panama companies have been recognized around the world as a corporate tool that can be successfully used in various areas of international business, asset protection, acquisition planning and management in the real estate market, and in many other areas.
The combination of favorable factors for business development make Panama corporation attractive for business: Panama operates under a territorial tax system where residents and non-residents are taxed only on Panama-sourced income.
Income that does not arise in Panama or is not derived from this country is not subject to tax in Panama. There are no economic substance requirements. Dividends received by a Panamanian resident corporation from another Panamanian corporation are exempt from corporate tax. A corporation is resident if it is incorporated under Panamanian law and if the corporation’s central management and control is exercised in Panama.
Photocopy of valid passport of the applicant (and dependents – if applicable), including the picture page (that shows the picture, name, date of birth, passport number, place of issue, etc.), and all pages showing entry/exit stamps (all pages used in the passport).
Original Federal Criminal History record of the applicant, from the place of residence (and spouse & dependents over 18 years of age – if applicable), duly notarized and authenticated by the Panamanian Consulate nearest you.
Original Marriage Certificate (if applicable – for Spouse only), duly notarized and authenticated by the Panamanian Consulate nearest you.
Birth Certificate (if applicable – for the dependents only), duly notarized and authenticated by the Panamanian Consulate nearest you.
Three (3) passport sized photographs of the applicant (and dependents – if applicable).
Certificate of Good Health, issued by a licensed hospital or doctor, signed by a registered, licensed physician, indicating that the applicant (and dependents – if applicable) has no contagious diseases and is in good mental and physical condition. If this document is from abroad then it must be authenticated by the Panamanian Consulate in the country of issue.
Choose a course of action that is right for you and your personal circumstances.
Successful emigration requires a long breath and good preparation.
And maybe some tips, checklists and inspiring stories! You will find on the internet .
If you have advanced plans for a permanent or temporary relocation abroad, you know that a huge job is ahead. There are numerous visas to immigration in the Republic pf Panama and hiring an experienced immigration law firm for your case can make all the difference.
IMMIGRATION RESIDENCY CITIZENSHIP PASSPORT
At the Offices of Lawyer Padilla , we can help you consider your options, weigh the pros and cons, and choose a course of action that is right for you and your personal circumstances.
We commit to the highest standards of performance on behalf of our clients. We are not perfect, but we strive to deliver outstanding results in everything we do and to improve when we do not. With national experience, we hold ourselves to national standards.
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