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Requirements for residency in Panama?

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Izzy91
  11/7/2014 08:54 EST

Hi, I would appreciate it if anybody could tell me what the legal requirements to get permanent residency in Panama are. My husband and I are considering opening a business there but we obviously first need as much info as possible. I heard that you have to invest minimum US$300.00 or deposit the amount on a bank account. I would like to know if this is so and if there are any other requirements. Any webpage with all this legal info would also be of great help. Thanks in advance for any response.

Nystp
  11/7/2014 11:21 EST

You want information regarding requirements for residency in Panama? Pretty simple. Google "residency requirements in Panama" and you'll find pages and pages of information!! Start reading!

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llseldon
  11/7/2014 11:56 EST

LOL it's easier of you were born there *Ü*

wayimp
  1/24/2015 13:11 EST

There are different tracks that you can take based upon your particular situation. If you would prefer to invest less, there are other options. I got my residency for only a few thousand. A local agent helped me out.

http://panamaresidency.com

Panama2017
  1/24/2015 15:23 EST

wayimp, what do you mean exactly by a "few thousand dollars"?

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