Completing Panamanian Residency

[JacobWrx]

Anyone been back to Panama, having lived away, to complete their Friendly Nations? Any advice?

 

[lavel]

You have lived there before, how long ago ? are you a Panama citizen?

 

[Fred]

I just completed my Permanent Residence in Panama under The Panama Pensionado Program - figured a Company attesting me being pensioned with 1000$+ per Month - worked perfectly fine and did cost me only one time 25,000$ instead of putting 200,000$ in Panama Real Estate or 200,000$ as Fixed Term Deposit with a Panama Bank under the Panama Friendly Nation Visa.

I guess that the Immigration Process itself is the same and I can help you or at least provide you with feedback with the single steps I went through.

 

[void]

I just completed my Permanent Residence in Panama under The Panama Pensionado Program - figured a Company attesting me being pensioned with 1000$+ per Month

is there an age limit to do it this way?

 

[Fred]

is there an age limit to do it this way?

No Age Limit - I was even surprised by myself how easy the Retirement Residence Visa Option in Panama is - Minimum Age 18 Years (most Countries require Age 50+), 1000$ per Month from an Insurance Company or Pension Fund and a Clean Criminal Record with other words a PCC from any Country you have been Resident - all requirements are very straightforward and easy achievable - will update our DLS Offshore Thread in next couple of days and add this as another 0% Tax Residence Option.

I keep it for now as a 0% Tax Dubai Residence Back Up Option as it's Lifetime Permanent Residency in Panama anyway and should I ever want to build more Substance in Panama or live in Panama for some months of the Year you can even get Panama Citizenship down the line.

A lot of YouTube Expats claim it's impossible however I received insides and reality if you have a Western Passport it's not too hard to get a Panama Passport as well after some years - it's just a lot of Indians and Chinese living in Panama and they have compared to Western Passport Holders way more difficulties getting the Passport - at the end of the day the naturalization is always on each Countries own decision.