The clients
that simply wish to move to Panama or live
in Panama as residents with the least amount of hassle
and paperwork, we usually recommend the pensioner
visa. However, this is not the only alternative for
residency in Panama, and is obviously only available
to those persons who receive pensions or social
security payments.
Decree Law 16 (1960) - which we shall refer to as The Immigration
Act (1960) - regulates immigration and the status of foreigners
in Panama. Under this law, its amendments and regulations, foreigners
who enter Panama can be classified as:
- Tourists
- Travellers in Transit or Travellers in Direct Transit
- Persons passing through
- Immigrants ( Immigration Programmes )
- Temporary Visitors ( Visas
)
Obtaining a second
passport in Panama is useful for those who wish to:
- Relocate
to a more "tax friendly" country where
foreign earned income, capital gains, and interest income is not
taxed.
- Relocate to a country where one can begin business operations
economically, and without heavy restrictions, regulations, or
taxes that hinder the growth of the business.
- Relocate to a country where real estate is still affordable
for purchasing homes in the city or land at the beaches, mountains,
lakes, etc.
- Have a second home overseas in a tropical country where they
can live at or visit.
- Have a "safe haven" to escape to in the event of war
or any type of civil unrest that may threaten their family.
- Actually live in Panama permanently, perhaps after retirement.
- Relocate to a tropical, stable, safe country where it is very
economical to live in comparison with most other developed countries
such as the US, Canada, Europe, etc.
More
info please Call:
++507.264.8920 /
Contact Us: astral@cableonda.net
