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What is Panama Friendly Nations Visa And How to Get It

The Panama Friendly Nations Visa application includes one main applicant and optional dependents, such as a spouse and children up to 25 years old.<br>The visa requires our clients to open a personal account in Panama and fund with $5,000.00 and also to incorporate a company where our lawyer will appoint you as the director/president and shareholder.

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What is Panama Friendly Nations Visa And How to Get It

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  1. What is Panama Friendly Nations Visa And How Can Get It By Liberty Enterprises 

  2. Intro Panama has a fast-track residency option for citizens of 'friendly nations' — countries with strong diplomatic or economic ties to Panama. So-called Friendly Nations Visa offers an opportunity to become a permanent resident of Panama for investors and entrepreneurs from selected countries, including the USA, EU countries, Canada and many others. 

  3. Main benefits of Panama Friendly Nations Visa:  Territorial taxation. Panama's residents are only obligated to pay tax on income, earned in the country. And everything below $11,000 per year is tax-free.  Right to live and work in a paradise country at the crossroads of North and South America.  Ability to maintain residence even while living abroad. Panama requires to visit the country only once in two years to retain a Friendly Nations Visa.  A way to permanent residency and citizenship of Panama. An option to become a tax resident of Panama without living there. 

  4. Panama Friendly Nations Visa If you are a citizen of one of the 50 “friendly nations” (countries with strong diplomatic or economic ties to Panama) and wish to relocate to the small Central American country of Panama to conduct economic or professional business activities, you may be eligible for this fast-track permanent residency program. If you are willing to deposit $5,000 in a Panamanian bank and establish a Panamanian company, this program can offer you near-instantaneous second residency. In fact, Panama Friendly Nations Visa’s low costs and low entry barriers make it one of the easiest second residency options in the world. For a list of the 50 qualifying countries, click here.

  5. Required documents for the Visa: 1. Valid passport with validity of at least 6 months2. Police record issued by the FBI/RCMP or the correct authority in your country that issues these documents, with the apostille or legalized before a Panama Consulate3. Secondary ID, like a driver’s license.

  6. To open the bank account you will need to bring with you the following documents: – Reference letter from a bank– Reference letter from a lawyer, accountant or other professional– Reference letter from a business partner– Copy of your entire passport (the bank can make a copy)– Copy of a secondary ID such as a driver’s license– Proof of income, which can be provided in the form of payment stub from your current employment or by submitting the last three tax returns you have filed.Pricing Please contact us for pricing.

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