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Residency question

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bradinbelize
7/8/2019 23:15 EST

Hello to all,

We are an American couple, currently living in Belize. Thinking of possibility of exploring Panama next.

Can anyone give me a simple, brief outline of the requirements for residency in Panama?

PanamaJackie
7/8/2019 23:19 EST

This article explains the requirements and process for getting a Pensionado Visa or a Friendly Nations Visa, the who most popular and most affordable Visas in Panama

https://panamarelocationtours.com/demystifying-the-panama-residency-visa-process

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Mikxx
7/9/2019 00:00 EST

Set up a bank account, pay in 5k for one or 7k for 2 people.
Set up a Panamanian corporation. Than you apply for residency.

You need following documents for the whole process:

- Apostilled police record from federal police
- Bank reference letter(s)
- Bank statement
- Utility bill
- Valid passport with a least one year remaining
- Second ID like drivers license

Easy process, takes ~2 weeks if you have a good lawyer. Than they issue you a temporary residency and you can stay.
Idk yet how long they will need for the final document to procude. My lawyer told me max 6 months.

Mikxx
7/9/2019 00:18 EST

I forgot: You will need some more documents like a health certificate or certified translations of some of the documents but those you must get in Panama.

jonoyakker
7/9/2019 04:22 EST

IMO, one of the main requirements to reside in Panama is resourcefulness; the ability to come up with solutions, I suggest trying Google search if you need a large body of information. It is a powerful tool.

XSMEMORIES
7/9/2019 14:24 EST

Hi you should fist come for a visit to see if you like its; lot different. We stayed in San Pedro for 2 months, then settled in Panama.. I have a studio apt., for rent while you decide before you spend money. Good luck Sheila from the states

allianz international health insurance

For expats in Panama, choosing an expat health insurance provider is an important decision. Get a quote from our partner, Allianz Care. Their plans ensure that you have access to quality healthcare whenever you need it. Allianz Care's flexible solutions allow you to tailor your cover to meet your needs and budget.

Get a Quote

Mikxx
7/9/2019 16:03 EST

I checked and my prc is ready. From start to finally getting the document it was 3 months in my case.

augieman
7/12/2019 22:39 EST

I see so many references to Google one of the biggest offenders of privacy violations and which keeps and sells your search profile.
Yes indeed a powerful tool but to your serious disadvantage.
The superior search engine is duck duck go.
It is as good or better a search engine and its business plan is NEVER to retain your searches and to respect your privacy to the max. A win win situation.
The browser analog for them is FIREFOX which also respects your privacy rights far more than Google.
Google does makes piles of money and is a good stock to own but far far too intrusive into ones privacy.

jonoyakker
7/13/2019 04:21 EST

Augieman, I researched it-thanks-good to know!

JaimeC
7/13/2019 11:26 EST

Me too. I changed the default browser in my various browsers, (chrome, safari, etc.) What is very disturbing in Safari, the default browser is google. Thanks apple!

KeryCruz
7/24/2019 09:51 EST

You can check information about immigration in the following link

https://www.kerycruz.com/en/practice-area/immigration-process-panama


You can also check if your nationality is included in the list of countries that can apply through a friendly country visa.

https://www.kerycruz.com/en/friendly-country-visa

Or, you can apply through a professional foreigner visa, if your bachelor degree, master or ph is not included in the list of exclusive professions for Panamanian. You can check the information here:

https://www.kerycruz.com/en/profesional-worker-visa

You can also check the requirements to validate your diploma in the following link, if you will apply for residence through the professional foreigner visa.

https://www.kerycruz.com/en/news/revalidation-and-homologations-of-foreign-university-degrees

I hope this information help you.

Best Regards,

AnnaMoraes
12/25/2019 10:33 EST

Hello @bradinbelize

I did my residency in Panama last year. Getting some of the documents took longer than I would have liked, but once in Panama it was a smooth experience.

This is a resource I found quite helpful https://globalisationguide.org/residency/panama-friendly-nations-visa/

PS: I did the friendly nations visa, but I think there are other visa types as well.

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