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Panama Golden Visa
Why Panama?
- Panama is a very important trade hub and sea route links both the Pacific and Atlantic side through canal.
- Panama has stable political environment, pro-business government, fast growing real estate market, and economy.
- Foreign earned income is tax free.
- Low cost residency
OTHER GOLDEN VISA CARIBBEAN
GOLDEN VISA
PENSIONADOS AND FRIENDLY NATIONS
BUSINESS INVESTORS
Foreigners must make the following economic investments in Panama, sum equivalent in panamanian balboas
- Real Estate – USD 300,000 invested in properties. Additional USD 2000 per dependant. Permanent residence issued for 2 years. Additional USD 1000 in migration office fees.
- Bank deposit – USD 300,000 fixed deposit in a banking institution. Permanent residence permit issued for 2 years. Additional USD 2000 fee for dependants
- Mixed Investment – USD 300,000 combination of fixed deposit and real estate. Permanent residence permit issued for 2 years. Additional USD 2000 fee for dependants
BUSINESS INVESTORS
PENSIONADOS AND FRIENDLY NATIONS
BUSINESS INVESTORS
Business – USD 160,000 share capital invested for 2 years. Permanent residence permit issued for 2 years. Additional USD 2000 fee for dependants
Forest investor – Invest at least USD 80,000 in afforestation or agriculture plantation for a period of 5 years. PR issued for 2 years. Additional dependants USD 2000 per person.
Economic area investor – Investors in pacific economic area or free trade zones
Call centers – Investments in call centers will also attract PR status for investors.
PENSIONADOS AND FRIENDLY NATIONS
PENSIONADOS AND FRIENDLY NATIONS
PENSIONADOS AND FRIENDLY NATIONS
Pensioners – Prove atleast income USD 1,000 per month for sufficient means.
Passive Income (Rentista) – Income atleast USD 850 monthly from deposits accrued from National bank of panama or savings bank guaranteed for 5 years free of any encumbrance.
Friendly Nations visa – Nationals of 50 countries including Italy that have close ties with panama can get PR, provided establishing residence (to carry out economic or professional activity). You must also deposit $5,000 to $10,000 in a bank account in Panama
OTHER GOLDEN VISA PROGRAMS
GERMAN ENTREPRENEURIAL RESIDENCY PROGRAM.
PENSIONADOS AND FRIENDLY NATIONS
We facilitates the acquisition of residency, immigration and citizenship through investment. We make what looks like an expensive and difficult option, affordable and complex free.
We understand your reasons and we have the best solution for your needs.
In an increasingly global yet uncertain world, investing for second residency and citizenship has seen a surge in demand. Today’s Golden Visa has become an essential requirement for many high net worth families. Let us help you achieve your goals.
GERMAN ENTREPRENEURIAL RESIDENCY PROGRAM.
GERMAN ENTREPRENEURIAL RESIDENCY PROGRAM.
GERMAN ENTREPRENEURIAL RESIDENCY PROGRAM.
The total capital outlay including all fees is as low as €360,000. Permanent Residency is issued after holding a 3 years temporary residence permit for main applicant and 5 years for dependants. After 8 years of residing in Germany, residents may apply for Citizenship.
Besides a booming economy, Germany offers its residents a very high standard of living, free education in some of the most prestigious schools and universities in Europe, a modern and affordable health service and unrivalled travel infrastructure. Over the years Germany has built a reputation for actively supporting diverse multicultural communities throughout the country making it a welcoming and prosperous place for overseas investors.
Portugal Golden Visa
GERMAN ENTREPRENEURIAL RESIDENCY PROGRAM.
GERMAN ENTREPRENEURIAL RESIDENCY PROGRAM.
Visa-free travel in the Schengen territories .
The Portugal Golden Visa program has proven to be the most popular scheme in Europe with investors attracted to its flexibility and benefits. Launched in 2012 the investor visa program has been actively promoted internationally by the Portuguese government. An investment of €500,000 (or €350,000 reduced option) in real estate in Portugal will gain a residency permit for a family including dependent children. The golden visa can be renewed every two years providing the applicant spends two weeks in the country every two years.
CITIZENSHIP BY INVESTMENT ST. LUCIA
ST KITTS CITIZENSHIP BY INVESTMENT PROGRAM
ST KITTS CITIZENSHIP BY INVESTMENT PROGRAM
The government of St. Lucia launched its citizenship by investment programme on 1st January 2016. A qualifying investment must satisfy the minimum investment level in either the Saint Lucia National Economic Fund or an approved real estate project.
The current minimum investments for donation to the fund are set at $100,000 for a single applicant, $165,000 for a couple and $190,000 for a family of four. For real estate the minimum is set at $300,000 for the main applicant. In May 2020 a temporary bond offering was launched offering an option starting at $300,000 for a single applicant with return of capital in five years.
ST KITTS CITIZENSHIP BY INVESTMENT PROGRAM
ST KITTS CITIZENSHIP BY INVESTMENT PROGRAM
ST KITTS CITIZENSHIP BY INVESTMENT PROGRAM
The St. Kitts & Nevis Citizenship by Investment Program is the oldest of its kind in the world. Established in 1984 the program grants citizenship through donation or real estate investment to qualified applicants. The government requires investment of either a minimum donation of $150,000 to the Sustainable Growth Fund (SGF) or investment of $400,000 in real estate (can be reduced to $200,000 for connected investors) plus related government and due diligence fees.
ANGUILLA RESIDENCE BY INVESTMENT PROGRAMME
ST KITTS CITIZENSHIP BY INVESTMENT PROGRAM
CAYMAN ISLANDS PERMANENT RESIDENCE BY INVESTMENT PROGRAMME
Anguilla launched its residency by investment programme in June 2019. The programme is attractive for investors seeking a tax efficient residence. Unlike other Caribbean programmes such as St. Kitts and Antigua the Anguilla programme is not a citizenship by investment or second passport programme. Applicants can qualify by making an investment either into the Capital Development Fund or direct into Real Estate. Gives you Permanent Residency British Overseas Territory
CAYMAN ISLANDS PERMANENT RESIDENCE BY INVESTMENT PROGRAMME
CAYMAN ISLANDS PERMANENT RESIDENCE BY INVESTMENT PROGRAMME
CAYMAN ISLANDS PERMANENT RESIDENCE BY INVESTMENT PROGRAMME
The Cayman Islands offer a permanent residency programme which also offers a path to eventual naturalisation and citizenship. The programme is attractive for investors seeking a tax efficient residence as the Cayman Islands have no corporation, income, capital gains, inheritance or sales taxes.
Applicants can qualify by making a minimum investment of $2.4 million into qualifying real estate.
TOCUMEN INTERNATIONAL AIRPORT
REOPENS ON OCTOBER 12
Panama has officially released their reopening plan, which was approved this Tuesday by the cabinet, and has international aviation and tourism activities set to restart on October 12, 2020.
All returning Panama nationals and travelers will be expected to quarantine for 14 days.
Reopening of Tocumen International Airport for Transit
PANAMA PARTIAL OPENING OF TOCUMEN INTERNATIONAL AIRPORT
Panama has taken its first step towards reopening the Tocumen International Airport which is a major hub for Latin America and was the busiest airport in Central America prior to the pademic.
Transiting through the Tocumen International airport for international passengers and for the entry and exit of national citizens and legal residents, will be permitted.
All returning Panama will be expected to quarantine for 14 days.
“Establishing a controlled operation for the interconnection of international commercial aviation which allows limited transit through Tocumen International Airport and for the exit and controlled entry of Panamanians and residents of Panama.”
However, the decree stated that transiting passengers through Tocumen International Airport will only be permitted providing that their two flights are no longer than six hours apart.
This is the first step the Panamanian government has made in loosening restrictions regarding international travel.
No dates have been given on when Panama will begin reopening for international tourism.
MODIFICATIONS OF TEMPORARY MEASURES ON LEASES IN PANAMA
By means of the Executive Decree No. 314, of August 6, 2000, which modifies the Executive Decree No. 145 of May 1, 2020, the Ministry of Housing and Territorial Planning seeks to enhance and reinforce the previous regulation's legal gaps. In this regard, the most relevant changes are the following:
- It clarifies that only tenants affected by the economic crisis and who have no possibility of paying the contracted lease can benefit from these measures.
- Contractual obligations unpaid due to the Lessee's economic impact will be enforceable and payable up to two months after lifting the State of National Emergency.
- For commercial leases, the postponement in the payment of rental fees starts from the declaration of a National State of Emergency until two months after reopening the tenant company's economic activity.
- The Lessee who cannot cover his/her obligations must accept to enter into a negotiable document (promissory note, bill of exchange) that underwrites his/her debt. In this way, the Lessor may have an executive title that facilitates the collection of outstanding debt.
- Another issue was the situation of the maintenance fees payable to the Horizontal Property Administration. This Decree establishes that the Lessee must cancel the portion of the cost that corresponds to the PH's maintenance fee, either to the Landlord or to the PH Administration, as agreed. The amount paid by the Lessee in this concept must be reduced from the debt.
- In the event of breach by the Lessee of the mutual agreement signed with the Lessor, the latter may resort to ordinary jurisdiction to demand compliance.
- Competent authorities will be able to enforce the Decree and impose sanctions for non-compliance to any of the parties involved, not only the Ministry of Housing and Territorial Planning.
In conclusion, the aforementioned temporary measures seek to clarify the contractual situation between the parties; however, they do not constitute a remission of the economic obligations derived from the lease. Such commitments will remain in force and will be accrued as debt, the payment of which will be enforceable through a judicial process.
Source: Denisse Correa Administrative and Regulatory Law
What do we do?
Corporate and family relocation -repatriation
Corporate and family relocation -repatriation
Let our experienced team save you time and energy by helping your employees, family with all their questions: planning their move, move your pets,getting a visa or work permit, finding a flat, registering their address, searching for schools and much more!
Corporate and family relocation -repatriation
Corporate and family relocation -repatriation
Corporate and family relocation -repatriation
Our relocation service is not just limited to the international movement of household goods from A to B or services at destination to help employees and families settle. It begins before and ends a long way after this.
Temporary or long term housing
Corporate and family relocation -repatriation
Temporary or long term housing
Real estate is much more than a business. It is an expression
of character and commitment to our clients and community.
Temporary accommodation
Permanent accommodation
Let us help you succeed in all your real estate endeavors.
Concierge services
Medical escort service
Temporary or long term housing
Do you ever feel like you don’t have enough time in the day to get everything done? That’s where we come in!
Our team provides one-call problem solving, time saving, organizational and life management services. From the simple to the extraordinary, as long as the request is legal, ethical, and well-intentioned, will make it happen, either by performing the service directly, or quickly and efficiently sourcing the best resource for the job. Whether by the hour, the month or by event, let us help restore the balance to your life.
Medical escort service
Medical escort service
Medical escort service
We call our medical escort service Companion Concierge in town or travel around the world.People of all ages use Companion Concierge to get to their appointments on time and relaxed. They enjoy the convenient transportation and companionship on their way to their doctor or dentist or day surgery or night out on the town .
ACTIVE ADULTS ~~ When you want to get out at night. This program is designed for the active senior who wants to continue going out in the evening – to dinner, symphony, theater, museums, religious events, lecture series – but doesn’t want the hassle of driving at night, or finding a parking space. You will feel safe, secure, and satisfied when you choose Companion Concierge to get you out and about
About Panama
Panama, one of the Best Places in the World to Retire
According to the 2018 Annual Global Retirement Index, of the ten best places to live in the world, seven are in Latin America and among them is Panama, a place where you can live a healthier and happier life, spending little and obtaining many benefits in your favor.,
Panama is a modern and practical country, situated close to the United States. Panama City is a destination which offers”exciting meals, jazz, movies, golf, tennis and much more”. It continues to grow daily and is becoming more attractive for tourists. Its people are friendly and welcoming, which gives a special touch to this small, but great country. The Visitor
The Hub of the Americas
If anything defines Panama, it is the country’s economic development, it being considered as one of the fastest growing countries in the world, due in large part to its strong banking and financial fabric in which the major international financial institutions are present: European, American and Asian banks are represented in the heart of Panama city.
Corporate Headquarters of Multinationals
Panama is increasingly ranked on decision makers’ shortlists when it comes to choosing the location of their international and regional headquarters. Panama provides access to the LatAm market of 400 million people. Offering a high quality of life, a central location and tax incentives, among other advantages, companies view Panama as a strategic location from where they can oversee investment in the developed and emerging countries of the region. Coupled with English-speaking staff and strong cultural ties, the country is gaining attention as an international management center and an ideal hub to enter neighboring markets. More than 140 multinational corporations have located corporate management functions on the country.
An overview of Immigration Law
Immigration law classifies foreign nationals in four (4) general categories: Non-residents, Temporary residents, Permanent residents and, Foreigners under protection of the Republic of Panama.
If you’re looking for the easiest permanent residency program out there, then look no further than Panama.
Why do you need health insurance?
Starting over and moving to another country is exciting, but comes with a lot of planning. Choosing the right health insurance coverage will allow you to check one important thing off the list, and provide a peace of mind in terms of one of the most crucial factors of your life: your health. By choosing the right insurance, specific to your needs, you will have one less thing to worry about.
Relocating with children?
Choosing the right school for your children should be one of your top priorities when preparing to move, and doing thorough research in advance is critical. One important decision you’ll have to make involves the school’s language of instruction. If your kids are young and your move is permanent, consider a school with instruction in the local language to make the process of integrating into their new country even smoother. On the other hand, for older children or where the move is temporary, choosing an international school that offers the same language and similar curriculum as your children’s current school may be a better option
CONCIERGE SERVICES
PROCESS TAX ID FOR CORPORATIONS AND INDIVIDUALS
FILE INCOME TAX
Panama DGI
United States IRS
RUC CORPORATE AND PERSONAL
Obtain Personal and Corporate RUC
Bookkeeping for small business and personal individuals
SOCIAL SECURITY PANAMA
. SELF EMPLOYEE
. DOMESTIC HELP
. SMALL BUSINESSES
PHYSICAL ADDRESS IN PANAMA
Receiving mail in Panama can be frustrating because Panama does not have a home mail delivery system. Most Panama City neighborhoods don’t even have numbers on houses or apartment buildings. Plus, there is no Zip Code system has zip codes .
Venturecare offers mail forwarding to Panama. Our corporate mail forwarding service includes a Physical Address in Panama City (Republic of Panama) to receive postal mail or courier packages , or proof of physical residency.
USA FBI RECORDS FINGER PRINTS
We help you to obtain these in Panama
DRIVER LICENSE
It is simple and fast. Call us!
We take care of your belongings and provide you with the complete range of sophisticated relocation services. An intensive consultation takes care of your worry-free move: Our experts visualize the move before hand and therefore can anticipate and avoid potential problems.
- International Moving (Household)
- Local and nationwide removals
- Office moving
- Relocation
- Household goods storage
- Vehicles
- Pets
RELOCATION SERVICES
Real Estate
Immigration
Schools visits and Meduca process
Shipping in /out personal stuff and vehicles
HOUSE AND PET SITTING
We provide in-home pet care for your furry friend so you don’t have to worry about Fido, or his ‘doghouse’, while you are away. We understand that your pet isn’t just a pet, he’s a member of your family, which is why we offer a variety of services to best suit you and your pet’s needs including; house sitting and pet sitting, boarding, walks, and drop-in visits. Whether you own a cat or a dog, a gerbil or a budgie, you can rest easy knowing that your fur baby is being lovingly cared for by a team of professionals who aren’t just respectful, and reliable, they are also bonded and insured to boot! So enjoy your vacation, go on that obligatory, once-a-year business trip, or spend the day at the spa without worry or fret, let we care for your pet.
CONCIERGE property management
Our dedicated rental management service provides 24/7 home concierge services and support for private home-owners and landlords. From stocking the fridge, to mail collection, maintenance and attending to emergency repairs, we manage every aspect, including the following:
Rent Collection • Secure Key Holding • Property Inspections • 24/7 Emergency Line • Float Holding Services • Ongoing Reactive Maintenance • Deposit Registration & Handling • Day-to-Day Services and Management.