HOW TO OBTAIN PANAMA FRIENDLY NATIONS VISA?
Our immigration attorneys assist Americans to obtain Panama Friendly Nations Visa
FRIENDLY NATIONS VISA program allows citizens of 50 Friendly Nations to obtain Permanent Residency and work permit in Panama. In addition, Friendly Nations residents would be eligible to become citizens of Panama and obtain Panama passport after 5 years.
PANAMA RESIDENCY REQUIREMENTS
Panamanian government modified this program in May 2021 and as a result, it grants Temporary Residency to Friendly Nation citizens and after 2 years, it can be converted to permanent Residency. Spouse and minor children ( under 25 years of age ) of the Friendly Nation Residents will be granted permanent residency as well.
ATTENTION AMERICAN CITIZENS: OUR IMMIGRATION ATTORNEYS CAN HELP IF YOU HAVE ISSUES WITH YOUR FBI REPORT. GET IN TOUCH WITH US NOW!
FRIENDLY NATIONS VISA COST
Our experienced attorneys can help Friendly Nations Citizens to receive residency in Panama. We know in and out of doing immigration work and OUR FEES ARE COMPETITIVE. In fact, we have assisted many citizens including AMERICANS to relocate to Panama in the past 15 years. As a result, we have bundled ( PANAMA RESIDENCY PACKAGE ) all the cost associated with residency and made it affordable for Friendly Nations citizens.
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PERMANENT RESIDENCY IN 3 EASY STEPS
- First step; Get in touch with us ( via EMAIL or WHATSAPP ) and we Email you the Residency Application Form.
- Second step; Our immigration attorneys will guide you through the residency process and advise you of the required documents.
- Third step; To finalize the residency process, applicants need to travel to Panama and sign the power of attorney. Our immigration attorneys will do the rest and you be granted PERMANENT RESIDENCY.
FRIENDLY NATIONS VISA OPTIONS
In order to obtain PERMANENT RESIDENCY, a citizen of Friendly Nations need to choose one of the following options;
OPTION No. 1
To be employed or own a COMPANY in Panama.
OPTION No. 2
To invest in Panama real estate in the amount of $200,000.
OPTION No. 3
To deposit $200,000. in BANCO NACIONAL DE PANAMA for 3 years.
APPLY NOW IF YOU ARE A CITIZEN OF 50 FRIENDLY NATIONS
LIST OF 50 FRIENDLY NATIONS
Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Cyprus, South Korea, Costa Rica, Croatia, Denmark, Slovakia, Spain, United States of America, Estonia, Finland, France, Germany, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Montenegro, Norway, New Zealand, Netherlands, Paraguay, Peru, Poland, Portugal, United Kingdom, Czech Republic, Serbia, Singapore, South Africa, Sweden, Switzerland, Uruguay.
PROVISIONAL & TEMPORARY RESIDENCY PROCESS
SUMMARY PROCESS: Upon submission of the required documents and immigration approval, provisional Residency will be granted to applicants. . Friendly Nations citizens must be present at the immigration office to be photographed for residency ID card. Provisional residency visa is issued immediately and after 6 months, Temporary residency will be granted. Temporary residency expires in 2 years.
PERMANENT RESIDENCY PROCESS
SUMMARY PROCESS: Friendly Nations Residents that already have received their Temporary Residency need to apply for permanent residency before their Temporary Residency expires. Permanent Residency will be granted and Residents will be photographed for Permanent residency ID card. Permanent Residency has no expiration date and residents will receive Panama ID card ( CEDULA ) from Tribunal Electoral..
BENEFITS OF FRIENDLY NATIONS VISA
Panama provides Friendly Nations Visa program to citizens of 50 friendly nations and some of its benefits include:
- Immediate temporary residency and after 2 years applicants are eligible for permanent residency
- Applicants able to work in Panama
- Applicants are eligible for citizenship and Panama passport after 5 years
- Panama investment opportunities
- Panama security
- Panama TAX HAVEN LAWS ( no taxes for foreigners )
- Asset protection by creating a TRUST
- and much more…
HOW IT WORKS; Panama Professional or Economic Ties
Ciizens of 50 Friendly Nations must show their ties to Panama in one of the following ways;
EMPLOYMENT
Applicants must present a Job offer from a Panamanian Company, including the company Certificate of Public Registry and the Business License. Applicants will be awarded work permit and can work in Panama.
PROPERTY OWNERSHIP
It requires that the applicant to own real estate property with a registered value of at least USD $200,000, ( it may be financed with a local institution.
BANK DEPOSIT
Requires the applicant to own a fixed-term peposit of at least $200,000 in a national bank in Panama. The fixed-term deposit must include title, value, term, and must be free of encumbrances with a minimum validity of 3 years. This investment can be made under the name of the applicant or under the name of a legal entity in which the applicant is the natural person beneficiary of the shares.
HOW THE APPLICATION PROCESS WORKS?
The application process is divided into 3 phases and initially applicants receive temporary residency and after 2 years obtain permanent residency. The whole process summarized as follows;
Step 1 – OBTAIN TEMPORARY RESIDENCY
STEP 2 – OBTAIN PROVISIONAL RESIDENCY
STEP 3 – OBTAIN PERMANENT RESIDENCY
Friendly Nations Visa Application Requirements
All Friendly Nations applicants must comply with Panama laws and retain a Panama attorney in order to submit their residency applications. The requirements for this program is outlined as follows;
- Valid passport
- 5 passport size photos
- National criminal background certificate, recently issued, apostilled/ authenticated by a Panamanian Consulate in the issuing country – valid for 90 days .
- Economic Solvency:
- Option A: Employment by a Panama company ( Applicants may set up their own company )
- Option B: Purchase a real estate property with a minimum value of $200,000. (Applicants may finance the acquisition of the real estate through a Panamanian Bank).
- Option C: Invest minimum of $200,000 in a fixed deposit for 3 years at a Panamanian bank.
- Health certificate issued by a local doctor
- Power of Attorney.
- USD $800.00 per certified check issued to the National Immigration Service
- USD $250.00 per certified check issued to the National Treasury
- Applicant’s Sworn declaration
- Proof of residency
E-CEDULA ID CARD:
Approximately after 30 days of receiving permanent residency card, applicants can apply for the E-Cédula (National ID) card. The E-cedula is issued by Tribunal Electoral and must be renewed at the expiration date.