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Easy to move?

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Allie0318
5/14/2012 13:19 EST

My parents are planning on retiring in Panama and I was wondering how hard it would be for me to obtain residency/the right to work, and if its feasible that I could find a job? I work in the insurance industry currently for a Fortune 500 health insurance company and I am an American citizen...I have no clue how the laws are or what immigrations is like. Any info would be greatly appreciated!!

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jonoyakker
5/14/2012 14:46 EST

I don't have much good news. Panama is protective of the job market. It is possible to get a job but it's a lenghty, tedious process at best.

Your best bet would be to find a US company that is hiring for work in Panama. It's a growing market for sure.

Habla Espanol?

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Allie0318
5/14/2012 18:38 EST

That sounds like no good & I dnt speak spanish either, a little french which wont help! I've been trying to relocate to the Bahamas with my boyfriend for a few years now so I know all about countries protecting the job market, was hoping Panama was easier :(

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802mark

From: Panama
5/15/2012 18:58 EST

First off you will have to show a income per month, like a s/s/ check. since your not old enough to get that and your looking for work. it's not going to be easy. you can come here and live as a tourist leaving the country every 6 months to get a new stamp in your passport, but that's it. as a tourist your not allowed to work in this country.

now if you start a company you can hire others to work for you but you can't do the work yourself. if you can find a large company that would hire you then it's up to them to file the paperwork for you to have a work visa, but that's very hard to get... can you speak spanish if not even harder.

you can't ride on your folks visa either, your to old and must apply on your own.

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barriescott
5/18/2012 07:29 EST

What about working for a company in the US by internet,? Any restrictions on that? What about starting your own business based on the internet?

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802mark

From: Panama
5/18/2012 16:35 EST

you can do both panama doesn't care about that, as long as you don't take a job away from one of them it's fine.

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jonoyakker
5/26/2012 09:42 EST

Your timing is good! Panama is in the process of loosening up it's residency to allow for working.

http://panamaadvisoryinternationalgroup.com/blog/news-from-panama/new-immigration-decree-to-make-it-easier-to-come-to-panama/

Jon

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