The Panama Friendly Nations Visa offers a straightforward path to temporary residency through the formation of a Panamanian company. Residency is initially granted for 2 years, after which you can apply for permanent residency. After holding permanent residency for 5 years, you become eligible to apply for Panamanian citizenship.
✅ No strict physical presence requirements – Maintain your residency with minimal stays in Panama
✅ Territorial tax system – Pay zero tax on foreign income
✅ Ideal for digital entrepreneurs & business owners
🔹 Flexible Residency – No minimum stay requirement per year
🔹 Zero Tax on Foreign Income – Only Panama-sourced income is taxable
🔹 Business-Friendly Environment – Registering a company grants you eligibility for residency
🔹 Path to Citizenship – Permanent residency after 2 years, citizenship after 5 years
✅ Step 1: Establish Your Panamanian Company & Apply for Residency
📌 Register your Panamanian company and ensure it complies with tax regulations
📌 Submit your temporary residency application
✅ Step 2: Travel to Panama for 5-7 Days
📌 Visit Panama for biometric registration & legal procedures
📌 Obtain your temporary residency permit
✅ Step 3: Apply for Your Panamanian Cedula (National ID Card)
📌 After 6 months, apply for your cedula (second trip required)
📌 Maintain an active company throughout your residency period
📌 Valid Passport (minimum 6 months validity + 1 blank page)
📌 Criminal Record Clearance (apostilled, from your country of legal residence)
📌 Proof of Economic Solvency (e.g., bank statements or a Panamanian bank account deposit)
📌 Company Formation Documents (your registered Panamanian company must be active & tax-compliant)
🚀 Panamanian Cedula: Can be applied for after 6 months (requires a second trip to Panama)
🚀 Company Compliance: Your company must remain active throughout the residency period
🚀 Permanent Residency: Apply after 2 years of holding temporary residency
🚀 Citizenship Eligibility: Requires 5 years of permanent residency
🚀 Annual Tax Compliance: All registered companies in Panama must file annual tax reports
✔ Full Legal Assistance – Guidance throughout the entire application process
✔ Government Application Fees (excluding any reciprocity fees for certain nationalities)
✔ Company Registration & Compliance – Ensure your business meets all legal requirements
✔ Document Preparation & Due Diligence – Assistance with all necessary paperwork
✔ Concierge Services in Panama – Legal representation, translations & local support
With business-friendly policies, tax benefits, and a clear path to citizenship, Panama offers one of the most accessible and flexible residency programs for entrepreneurs and international professionals.
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