About the Service

The Panama Friendly Nations Visa (PFNV) is a pathway to residency for individuals from select countries, offering a streamlined process to obtain long-term legal residency in Panama. One of the most effective ways to qualify is through company formation, allowing applicants to meet the economic ties requirement by establishing a Panamanian business.

Benefits

• Obtain temporary residency in as little as 30–60 days, with permanent residency available after two years.
• Maintain your residency without the need for continuous presence in Panama.
• Your company allows you to open bank accounts and operate in Panama.
• Eligible to apply for Panamanian citizenship after five years of permanent residency.
• Panama operates a territorial tax system, meaning foreign-earned income is not subject to Panamanian taxes.

Step-by-Step Process

1. Company Formation & Registration
   • We establish a Panamanian company in your name, fulfilling the economic activity requirement.
   • Assistance with company structuring, registration, and legal compliance.
2. Visa Application Submission
   • We prepare and submit your Friendly Nations Visa application to the Panama immigration office.
   • Includes all necessary government fees, translations, and legal processing.
3. Travel to Panama for Biometrics
   • A short visit to Panama (typically 5–7 days) is required for biometric data submission and temporary residency approval.
   • You will receive your temporary residency card at this stage.
4. Permanent Residency & Cedula
   • After two years, we assist with upgrading to permanent residency.
   • Once permanent residency is granted, you can apply for your Panamanian Cedula (national ID).

General Requirements

• Valid Passport – At least 6 months of validity.
• Criminal Record Certificate – Apostilled from your country of residence.
• Panama Company Formation – Required for visa eligibility (included in our service).
• Proof of Financial Solvency – Bank reference letter showing sufficient funds (typically $5,000 minimum).

Important Notes

• Unlike other visa options, company formation allows you to qualify without needing employment in Panama.
• Your company can be used to open business and personal bank accounts in Panama.
• Panamanian companies only pay tax on income generated within the country.
• After five years of residency, you may apply for Panamanian citizenship and a passport.
• Temporary residency is typically approved within 60 days, while permanent residency is granted after two years.

Our service ensures a fast, compliant, and hassle-free process to obtaining Panama’s Friendly Nations Visa through company formation. Contact us today to begin your journey to residency in Panama!

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