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9 years ago

Considering Panama

9 years ago
My girlfriend & I are both US citizens. She gets social security but only about $500/month. We are not retired. I trade the Forex and futures markets for a living.

We have been looking at Ecuador for investment and possible residence but we like many things about Panama, especially the Boquette area.

We do not have substantial funds to put in a bank, nor do we have pension income. What are the rules for the friendly nations visa (is the US considered a friendly nation?) and what other types of residency visas might work for us?

Is there any advantage to residency over staying in the country on a tourist visa and periodically leaving & returning? Can one own property in Panama without residency? Can one keep a car & drive without residency?

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

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Top-quality coverage for people who live, work, study and travel internationally.
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Contribute to Panama Network Contribute
Help others in Panama by answering questions about the challenges and adventures of living in Panama.

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

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