PANAMA RELOCATION VISA SERVICES
Living abroad is not a simple task. We understand that it is a big decision, both for you, your business, and your family. That is why having a truly trained advisor and knowing in-depth all the steps necessary for proper relocation and immigration is of the utmost importance for success in your international transfer plan.
PGS Attorneys has more than 15 years of experience in the correct advice, both to families and entrepreneurs, in the due transfer and relocation into Panama. We can offer you quality legal services, real estate advice, the opening of bank accounts, and other services related to your relocation and thus initiate a new life in due form in due form in Panama.
"IF YOUR WORLD DOES NOT ALLOW YOU TO DREAM, MOVE TO ONE WHERE YOU CAN..."
how do you think your life should change, if you have not taken the steps to change it?
It's no secret that Panama is a popular destination for people worldwide looking for a 2nd home. With its beautiful beaches, tropical climate, friendly people, and low cost of living, it's easy to see why Panama is such an attractive option. If you're concerned about the cost of working with an immigration lawyer, remember that the low cost of living in Panama makes it a much more affordable option than many other countries.
If you're considering moving to Panama, one of the first things you'll need to do is navigate the immigration process. Here are just a few of the reasons why you should consider working with PGS if you're planning to move to Panama:
- Expertise in Panama immigration law. Immigration laws and procedures can be complex and confusing. An experienced immigration lawyer can help you navigate the process and ensure you follow all the steps to obtain the correct visa or residency status in Panama.
- Assistance with paperwork. The immigration process often requires a significant amount of paperwork. PGS as an immigration lawyer, can help you gather and organize all of the necessary documents and ensure that everything is submitted correctly and on time.
In addition to assisting you with the immigration process, PGS can help you navigate the Panama real estate market and find a home in one of Panama City's many neighborhoods.
If you're thinking about making a move to Panama, consider working with an experienced immigration lawyer to help you to make your transition as smooth as possible, with the peace of mind that comes with knowing that you're following all the necessary legal procedures is priceless.
You should prepare some minimal documents before your trip to Panama, such as Non-Background Records, Marriage Certificates, Birth Certificates for kids, and a copy of your National ID. All documents must be APOSTILLED (Hague Convention) or LEGALIZED in the nearest Panama Consulate in your home country. Don't hesitate to contact us for detailed documents needed to apply.
Besides an initial meeting with us, the additional steps are done before the National Immigration Service in Panama City when any residency options are ready. Our firm will assist you at all times.
Parents, kids, and spouses may be included within the visa application forms, regardless of their nationalities and origins, getting the same benefits as the principal applicant.
It is essential to know that kids need a legalized "birth certificate." Still, adult sons can only apply until 25 years old, so adult sons must be enrolled at any local universities after the application because of their legal age.
If you are retired or pensioned from any German, Austrian, Canadian, European, or American Public Institution, and earn a monthly payment of approx. 1,000 USD$, you and your family, do qualify for a LIFETIME RESIDENCY IN PANAMA with a PANAMA, plus tax benefits and special discounts. There is no minimum age to apply under this Pensioned Visa Program.
Friendly nations visa
The application for this residency program is not a complicated process, and you should divide the migration process into two stages. The first one would be "the preparation of documents in your country," "the formation of a Panama Company (for Self-Employment)," "the acquisition of a Real Estate," or the "Opening of a Fix Term Account."
- Panama has created the "RESIDENCY PROGRAM FOR QUALIFIED INVESTORS", where you and your family can obtain a "lifetime residency" status in only "30 days" by a direct buying of a property in Panama.
- The program allows you to apply with properties priced over $300,000, where the difference of the sale price can have a mortgage.
Why the Investment visa in Panama is betterthan the EB-5 Program?
Obtaining lifetime residency through Panama's Qualified Investment Immigration Program is an increasingly popular option for international investors from Asia, India, and Latin America. In addition to the fact that Panama meets the minimum standards that investors seek for asset allocation: security, political stability, use of the dollar, banking, and global connection, among other competitive advantages (like first-world countries), Panama Qualified Investor Program certainly has direct advantages over the U.S. EB-5 program, in several aspects.
Investment: First, the qualified investment program in Panama (under Decree 722 of 2020) is significantly less expensive than the EB-5 program. The EB-5 program requires a minimum investment of between $800,000 and $1,000,000 in purchasing property, establishing a business, or participating in a project or fund approved by the authorities. On the other hand, the qualified residency program in Panama only requires an investment of $300 K (until October 2024) with the purchase of a property to obtain a lifetime residency, with no additional requirements. The EB-5 program, on the other hand, requires the creation of at least 10 local jobs in addition to the investment to obtain residency.
Time frame: In terms of time, the Panama Qualified Investment Program is much faster than the EB-5 program. The process to obtain residency through the EB-5 program can take several years, while obtaining permanent residency in Panama takes only 30 days once all required documentation has been correctly submitted to the Panamanian Immigration Service.
Documents: As for the requirements and documents, the EB-5 program requires a large amount of documentation, while Panama only requires the purchase of the property registered in the Public Registry as "proof of investment," plus the essential applicant's and family documentation, such as backgrounds, passports, birth certificates, and similars, to receive the proper approval.
HOW CAN WE HELP YOU?
A Panama Immigration Law Firm
SL55 Tower, 17th fl, Samuel
Lewis Ave, Panama City