Immigrating to Panama

What are the benefits of immigrating to Panama and becoming a resident?

• Panama is a tropical country where one can live peacefully or visit part-time or own a second home.
• In the event of war or any type of political or civil unrest that threatens ones family, having a "safe haven" in Panama is essential.
• Get a Panamanian residency visa after retirement and live in Panama permanently.
• Moving to Panama, a tropical, stable, safe country where living costs are much less than in the United States, Canada, Europe, etc.
• Take advantage of Panama's territorial tax system and relocate to a more "tax-friendly" country. It is important to note that US citizens or residents are subject to global taxation regardless of whether they have a second residency or a second citizenship.
• Business operations should be relocated to a country with low barriers to entry.
• Get a better deal on real estate in a country where it's still affordable to purchase homes in the city or land near the ocean, mountains, lakes, and so forth.