Panama Residency and Immigration
8 Reasons Why this Top Choice is Cheap, Quick and Easy
Panama is internationally recognized as the Top Offshore country. It attracts people from all over the world who are interested in Panama Residency. They come to enjoy the unique benefits that only Panama has to offer. Some skilled professionals and workers come for a job while others are setting up international start-ups.
For the following reasons, newcomers come highly motivated
1. To Increase Revenues
International business people prefer the Panama Residency. In Panama’s laissez faire economy, there is always a deal waiting to be made everywhere you turn. Everybody who’s anybody passes by Panama to make business deals because of the following reasons:
- The Banking and Financial Center is the life line of Latin American Trade, Logistics, Finance and Investments
- The Panama Canal hosts a Free Trade Zone and the second largest port in the world that keeps on moving 80% of all the shipments between the two hemispheres.
- The cosmopolitan -- yet cost effective -- infrastructure of highways, underground and aboveground Metro lines, luxury hotels, beaches, sports and a cultural variety of entertainment with a multitude of restaurants.
- With a Panama Residency you can enjoy a world class Tourism infrastructure with over 100 Casinos, the main Caribbean Cruise Line hub, the Latin American Convention Center, the Regional Tax Free Shopping destination, the top Medical tourism choice and an up and coming Agro-tourism sector.
2. To Reduce Taxes and Costs
Panamanian citizens and residents believe that governments have no right to demand taxes or impose mandatory reporting requirements for income that is generated outside of its borders. This economic policy has worked so well that Panama is the only world economy that has been growing by 6% to 12% every year in spite of the recessions in almost every other country. International business people, who agree with this philosophy, are getting a Panama Residency and avoid paying taxes on international income. With this simple and affordable strategy, they avoid breaking any of the laws that have been imposed by their own inefficient and unaccountable governments.
3. To Receive a Low Cost, Hassle Free Panama Residency
Business people come prepared to visit for a couple of weeks and get a residency card that is effective immediately so they can come and go as they please. If they decide to go out of Panama, they can return in about 3 months – for up to six months – and receive their official Panama Residency.
Panama is not a Nani state and has a Constitution that respects Human Rights and Civil Liberties. Panama doesn’t impose any major restrictions on their residents’ length of stay. As long as they visit for a few days every couple of years, Panama’s permanent residents can arrange their travel at their absolute discretion.
Some working people choose to save travel costs and relocate immediately. They get their Panama Residency and end up becoming residents in a few months. The residency process can be completed with minimal documentation, little or no investment and with very low legal fees.
4. To have Easy Air Access
Panama is the hub of Latin America with direct flights to most other international hubs. There are direct flights from most major North American, Asian and European cities connecting every South-Central American capital. Panama permanent residents, who have a Panama Retirement Visa for Permanent Residency, receive a $25% discount on all local and international flights.
5. To Obtain a Second Passport
6. To Secure Privacy and Asset Protection
Getting a Panama Residency offers the following tax benefits:
Panama Foundations and Corporations use Nominee Directors to protect the identity of the beneficial owners by making sure that their names do not appear in any public registries.
Since 1927, Panama provides full-proof Privacy, Asset Protection and tax avoidance with the most private legal entities that can:
- own Bank accounts and other property in Panama or anywhere else in the world
- buy and sell Real Estate, businesses, vessels or any other properties without a publically registered shareholder change.
- avoid paying sales or capital gains taxes
7. To Enjoy a Lifestyle Improvement
Panama has 3 choices of:
- year-around cool mountain weather,
- breezy beach weather and
- always hot metropolis weather.
Panama has a diverse infrastructure.
The working class is content and comfortable with an inexpensive lifestyle.
The middle class can keep a live-in maid (for as low as $100/week) and enjoy an upper-class lifestyle of nightly entertainment and weekend events.
The elite has choices from hundreds of private islands, numerous helicopter pads and over 40 airports to take their planes wherever and whenever they want. There is even an international circuit to race their Ferraris.
8. To Experience Liberty and Independence
People from all over the world feel more at home in Panama than in their own country. Panama honors its status as a Republic. In faux Republics and Democracies the confused majorities allow Orwellian governments to crash the rights of minorities that are on the cutting edge of making positive changes that threaten the ruling classes. In the Republic of Panama, minorities enjoy their privacy and remain fearless as they see their business flourish.
As an example, one expat stayed in Panama for only six months earning tax free income and building his online business. During his short stay, he accumulated 137 Contacts from 52 Countries. His newly acquired network of personal connections will be enough for him to be making deals during the next two years when he plans for his return to Panama.
The whole world is coming to Panama
What’s your reason for a visit?
What’s holding you back?
We can make it Easy
BONUS QUESTION: Why is the International Mainstream Media Demonizing Panama Offshore companies?
Well Informed Individuals Know How the
Automatic Exchange of Tax Information
will NOT Affect their Finances
Panama Immigration Visas are the easiest way to get Panama Residency
Panama Residence offers all these Benefits
1. Low Tax Status at Home
Foreign residents with a Panama Visa pay no taxes and enjoy a low tax status in their country of citizenship.
4. High Local Income with Low Taxes
Individuals with a Panama Residency have many opportunities to generate high local income. The best part is that they pay low taxes and don’t need much capital because they qualify for local financing.
Major Banking Center with Strong Bank Secrecy Laws
5. International Banking Center
Panama is the International Banking Center of Latin America. There are more than 2,000 financial institutions with easy credit and favorable rates on deposits and loans. Such economic environment helps residents with a Panama Visa feel safe and prosperous.
6. Bank Secrecy
Bank Secrecy and Asset Protection doesn’t only apply to individuals with a Panama Residency. Account holders from high tax jurisdictions bring their assets to Panama for security and asset protection. Foreigners moving to Panama are the wise ones who realize that their governments are ruining their economies with excessive surveillance, controls and taxation.
Travel & Transportation
8. Direct Air Flight Connections
Having direct Air flight connections with most major countries, individuals can live in Panama and continue travelling for business or pleasure. Holders of one of the Panama Visa that are over 65 years old get a 25% discount on all airline tickets.
9. Awesome Transportation System
A world class public transportation system makes residency in Panama much easier for those with hectic lifestyles.
10. Extensive Highway Network
Panamanian residents travel in an extensive highway network that provides easy access within the capital and fast access to any city.
Business and Economy
11. Millions of Business People Visit and Make Deals
Business opportunities are continually generated around the Panama Canal, the Free Zone and the second busiest port in the world. Foreigners living in Panama keep on making international deals because millions of business people are always visiting Panama for many different reasons.
12. Do Business in Panama and Enjoy a 12% Economic Growth
The Panamanian economy has been growing at the rate of 6% to 12% a year while most other countries are suffering from widespread economic stagnation. This spectacular economic growth has become a magnet that attracts people to get a Panama Residency and grow successful international businesses. The rest of the world is beginning to recognize that Peace, Low Taxes and Economic Freedom Create Prosperity.
14. Panama Pacifico
There is a Tax-free region hosting the head offices of several multinational corporations, schools, a gold storage facility, retail stores and a variety of other services. Panama Pacifico is located on an oceanfront area next to the Pan American Bridge of the Canal and includes a residential community.
Study and Science
15. Public and Private Schools
There is a large network of free public schools. Starting for around 300 USD per month, there are also many affordable private schools that are offering primary and secondary education in Spanish, English, German, French, Japanese, Mandarin, Arabic and Greek. Foreigners who are living in Panama with their children, find this to be a very important factor for the well-being of the whole family unit. No other country offers such a huge variety of educational options.
16. University and Post Graduate Education
Panama has over 100 Universities that welcome foreigners with a special Panama Visa for Students. Many of these Institutions have international affiliations leading to post-graduate programs in Europe and North America. After living in Panama for some time, some foreign students decide to marry their sweetheart, get a job and obtain Panama Residency.
17. Panama Visas
Flexible Panama Visas - like the Student Panama Visa or various working permits - provide foreign entrepreneurs easy access to an inexpensive, skilled work force. Such a multicultural, talented work force is very valuable to employers who operate in this booming, tax free international business hub. Employers have easy access to highly specialized Europeans, entrepreneurial North Americans, Mexican movers & shakers, Venezuelan Businesspeople, Asian work wizards, hard-working Nicaraguans, adventurous Brazilians, esoteric Peruvians, elegant Argentinians, feisty Chileans and charming Colombians.
18. International Scientific & Political Centers
- The only Smithsonian Institute outside of the USA.
- The Regional Hub of the United Nations.
- A City of Knowledge.
- The Liquid Jungle Laboratories, located in Coiba Island, are a major center of scientific research for wildlife and ocean ecosystems. Coiba is the largest island in Central America that, thanks to Liquid Jungle, has remained virginal to offer us truly magical scuba diving sites.
Living and Moving to Panama
Living and Moving to Panama
19. The Army has been Replaced by a Police Force
The army has been replaced by a police force that keeps crime to a minimum in most areas. Panama residence is safe and secure
20. World class Medical and Alternative Health Care Facilities
Panamanian Residents do not worry much about health care because Panama has world class Medical and Alternative Health Care Facilities.
21. Many Multicultural Communities
People of all races and nationalities are enjoy Residency in Panama without having any cultural friction. All the multicultural communities are functioning harmoniously with peace and respect.
22. Diverse Climate
Moving to Panama offers a variety of city, beach, rural and mountain climates within a radius of 100 kilometers.
23. Population that is Friendly to Foreigners
Panama Residence is suitable for individuals who want to meet fun loving, good looking, easy-going locals. People living in Panama are always ready for action regardless of age, gender, religion, culture, race, language, sensuous preferences or sexual orientation.
24. Libertarian Society
One of the many benefits of Panama Residence is feeling the freedom of a libertarian society where everything goes as long as it does not infringe upon the rights of others.
25. Opportunities with the Indigenous Tribes
Many foreigners living in Panama are intrigued by the exotic habits of the friendly indigenous tribes who live in reservations that are open to tourists. Panama‘s indigenous population consists of more than 250,000 people who have ownership of the best beach-front and mountain Real Estate in the country. Fair collaboration with the indigenous population has a huge and still unexploited tourism potential.
26. Pure Nature
Panama has hundreds of thousands of acres of protected forests, national parks, sanctuaries and jungles. Panama Residency enriches life with aesthetically and spiritually uplifting experiences.
27. Exotic Islands
Hundreds of islands are waiting to be discovered. One of these islands is reserved for the exclusive use of celebrities and the super-rich. It’s not uncommon for those retiring in Panama to rub shoulders with entertainers and movie stars.
Entertainment & Accommodation
28. Vibrant Night Life
The city never sleeps with a vibrant night life for all budgets and a variety of nocturnal escapades that makes Panama Residency full of pleasant experiences.
29. Residential Options for all Price Points
Those moving to Panama find many choices of residential accommodations that fit every budget.
30. Over 100 Malls and Shopping Centers
There are over 100 malls and shopping centers ranging from the world's most expensive designer boutiques to the lowest price bargain superstores. Panama is the shopping destination of the Americas. That’s another big plus for Panamanian Residents.
31. Wide Selection of Restaurants
Gourmands, who decide to retire in Panama have a wide selection of restaurants. They will find exclusive establishments that are managed by renowned International Chefs but they will also discover intermediate price level restaurants that go right down to the small food stands offering homemade chicken & rice dinners from around 2.50 USD.
32. Tourist Accommodations for all Budgets
It's easy to find a temporary residence and stay in Panama while waiting for a Panama Permanent Residency Visa. There is a huge selection of World class Hotels from those hosting Royalty and Tycoons down to prices of 15 USD/day hostels with a myriad of in-between choices.
33. Many Golf Courses
Those who like golf will certainly chose to get Panama Residency because Panama has more golf courses per capita than any other country in the Americas.
34. International Events
Art lovers and those interested in personal development will discover that living in Panama gives them access to many Latin American and International Expos, Exhibitions, Conventions, Fairs, Summits and Seminars.
35. Beaches & Water Sports
People who can't imagine a good life without water sports and entertainment, can live in Panama and discover resort hotels, hidden beaches, remote snorkeling locations, exotic scuba diving and several exciting sports fishing expeditions.
Endless array of cultural events, theaters, concerts, festivals, beach parties and even hillbilly fiestas featuring cock fights. Panamanian Residents enjoy a life full of new experiences.