IMMIGRATION
Panama maintains a varied legislation regarding the immigration field that allows the foreign citizen to quickly opt for permanent residence in our country. There are several types of visas such as Tourist Visas, Temporary Residence, Permanent Residence, Retired or Pensioner Resident, among others, Panama being a country with many offers for overseas tourists or immigrants who wish to reside in Panama.
Permanent Resident by Special Laws due to Treaty of Friendship, Commerce & Navigation between the Republic of Panama and the Republic of Italy.
This is a Treaty of Friendship regulated by Law 15 of February 1, 1996, through which Italian citizens can opt for Permanent and Indefinite Residency in Panama. To opt for this residency they need to show these main requirements:
- the economic or professional activity they will perform.
- bank certification or statement with a balance of no less than midrange four figures.
- also the Italian nationality document, and mandatory documents for this permit.
- *May include spouse, children, disabled family members and dependent parents as dependents.*
- *Eligible for an Indefinite Work Permit*.
- If you want more information or a quote, please contact us.
To opt for the residence must show these main requirements:
- The reason to require Permanent Residency according to the economic or professional activity performed.
- Bank reference letter with a balance of no less than midrange four figures.
- May include spouse, children, disabled family members and dependent parents as dependents.
- Eligible for an Indefinite Work Permit.
- If you want more information or a quote, please contact us.
Occupations that may NOT apply for this type of residence are: Nursing, Barber or Cosmetology, Dentistry, Civil Engineering or Architecture, Agricultural Sciences, Pharmacy, Chiropractors, Nutrition, Medicine, Psychology, Medical Assistant, Accounting, Journalism, Laboratory Technician, Public Relations, Speech Therapy, Economics, Social Work, Veterinary Medicine, Physical Therapy, Law, Dental Assistant, Sociology, Chemistry.
To opt for the residence must show these main requirements:
- The person must show copy of the diploma or university degree, bachelor, masters or doctorate.
- May include spouse, children, disabled family members and dependent parents as dependents, but must prove financial solvency with at least a bank reference letter with a balance of no less than midrange four figures.
- Eligible for an Annual Work Permit.
The monthly income or pension should be over $1000.00 and must be granted for life. In case the applicant proves that he or she has purchased a property in a personal capacity in the country for an amount exceeding one hundred thousand dollars ($.100,000.00), the pension could be of at least seven hundred and fifty dollars ($.750.00).
May include spouse, children, disabled family members and dependent parents as dependents, but must prove additional financial solvency of two hundred fifty dollars ($250.00) a month for each dependent, which can be proven with additional pension or with a local bank reference.
If you want more information or a quote, please contact us
In addition to the Permits mentioned above, our legislation offers: Permit for Macro Company, Resident Dependent; Temporary Permits such as: Staff paid from abroad, agricultural investor, Special Permits and for Students, among many others.
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