If they are not citizens of one of the approved nations, which do not require a visa for stays up to 180 days, travelers must have a passport valid for three months in order to enter Panama.
Panama is a nation in Central America that shares borders with Colombia in the southeast, Costa Rica to the west, the Caribbean Sea to the north, and the Pacific Ocean to the south. Almost half of the 4 million people living in the country reside in the metropolitan region of Panama City, which is also its capital and largest city. In the end, it is unclear where the name Panama actually originated. There are several reasons for its name. According to one of them, the nation was called for a type of tree that is frequently seen there. According to the other theory, the name means “many butterflies.” There were an abundance of butterflies in Panama when the first settlers arrived in August.
Paleo-Indian projectile points are among the oldest items discovered that are connected to the prehistoric inhabitants of Panama. The Cueva, Chocoan, and Chibchan peoples had colonized much of Panama before the arrival of the Europeans. The Cueva were the largest group to settle there. It is unknown how many native people lived on the isthmus during the period of European colonization. Although estimates vary from over two million, more recent research places the figure closer to 200,000. Early European explorers’ archeological discoveries and studies characterize a variety of indigenous Isthmian communities, exhibiting cultural diversity, and they suggest that these groups originated through regular local trading channels.
The climate of Panama is tropical with few seasonal fluctuations. A typical dry-season day may have a low temperature of 24 °C in the early morning and a maximum temperature of 30 °C (86.0 °F) in the afternoon. Seldom does the temperature rise above 32 °C (89.6 °F) for an extended period of time. In much of the country, winds tend to pick up speed after sunset, and temperatures on the Pacific side of the isthmus are marginally lower than those on the Caribbean. The upper altitudes of the mountain ranges have noticeably colder temperatures, and frosts occasionally occur in western Panama.
As the majority religion in Panama, Christianity is practiced by its citizens. According to official statistics from 2015, a quarter of the population identified as evangelical Protestant, and 63.2% of the population as Roman Catholic. With 1.4 percent of the population, Jehovah’s Witnesses were the third-largest churchgoers, after the Adventist Church and The Church of Jesus Christ of Latter-day Saints (0.6 percent each). The nation also has sizable populations of Jews (0.1%) and Buddhists (0.4%).
Over 40,000 people are listed as members of the Church of Jesus Christ of Latter-day Saints (LDS Church). There are also minorities in religion.
Principal Cities
Panama City, the country’s capital, is the biggest city. There are 880,691 people living in the city, while 1.5 million people live in the metropolitan region. The village is in the province of Panama, right near the Panama Canal’s Pacific entrance. Currently, Panama City serves as the nation’s political and administrative hub.
Spanish conquistador Pedro Arias Davila built the city of Panama on August 15, 1519. The hamlet served as the ideal launchpad for expeditions that led to the conquest of Peru’s Inca Empire.
Privateer Henry Morgan set fire to the old city on January 28, 1671, resulting in its complete destruction. Two years after the fire, the city was rebuilt in 1673. The once-devastated city’s site remains in ruins.
San Miguelito, a separate city in Panama, is the country’s second-biggest city. There were 293,745 people in all. The separate is 50 km² in size. San Miguelito is a part of the Panama City Metropolitan Area and is located inside Colon and Panama City.
In Panama, Las Cumbres is a subdivision of distinct. The population of this place is 32,867.
Located about 30 kilometers to the southwest of Panama City, in the heart of the country, is the city of La Chorrera. One of the bigger cities in the nation, it is well-known for its lovely ladies, friendly locals, and exciting nightlife. La Chorrera lies about seven kilometers from the Pacific coast, nestled between the districts of Capira and Arraiján. Although the name’s origin is unknown, it is thought to have originated from the abundance of waterfalls in the area. El Chorro Trinidad, El Chorro de La Chorrera, El Chorro de Canoa Quebrada, and more waterfalls are among them.
With 74,952 residents, Tocumen is a city and a subdivision of a region in Panama. With 47,032 residents in 1990, it nearly doubled in size by 2000. In this city is Tocumen International Airport. Tocumen’s climate is classified as tropical monsoon under the Climate Classification system.
In the Panamá District in the Province of Panama, Pacora is both a town and a subdivision. After Tocumen International Airport is Panama. Many international corporations are said to be relocating to this area of Panama as their industrial hub and logistics center. More than 250 global companies are relocating there, providing services, IT, and manufacturing.
We offer comprehensive services for all your immigration needs in Panama, including immigration for Panama, business immigration for Panama, investor immigration for Panama, work permit for Panama, permanent residency by investment for Panama, visa service for Panama, embassy and consulate of Panama, visa-free countries for Panamanian passport holders, company registration in Panama, and opening bank account in Panama. Together with other services like job search assistance, rental apartment assistance, and business property investment assistance, we offer comprehensive solutions for Panama. beginning a business in Panama, financial planning consulting in Panama Business sales in Panama, legal services in Panama, immigration attorneys in Panama, due diligence in Panama, and much more.
We offer a comprehensive solution for businesses looking to expand internationally from Panama. We can hire both professional and unskilled laborers to fill positions in Panama. Human resources solutions in Panama, offshore companies, business sales in Panama, trademark registration in Panama and 119 other countries, virtual offices, offshore bank accounts, VoIP in Panama, legal services, business valuation in Panama, financial planning in Panama, CRM software solution in Panama, payment gateway or merchant account in Panama, equipment financing in Panama, virtual numbers in Panama, and IT services such as web development, e-commerce, app, and blockchain development in Panama at reasonable prices in Panama. You may look for job seekers, independent contractors, interns, and the best prospects in Panama by using our jobs portal.
We provide business consulting services for starting a business in Panama and 106 other countries. These services include company formation, opening bank accounts, sales and purchases, virtual offices, virtual numbers, international expansion to Panama, legal services, business valuation, real estate advisory, customized HR solutions, VoIP services, CRM solutions, merchant accounts, and payment gateways. We also have software companies in Panama that offer services like Ecommerce Development, Web Development, App Development, Software Development, Digital Marketing, and Blockchain Development at reasonable prices. Additionally, you can utilize our Panama employment and real estate portals to look for rental properties in Panama, including homes and offices, as well as land and agricultural land for sale.
Too many permanent resident visa programs are available in Panama. There are various options available to foreigners wishing to reside permanently in Panama. You must first establish a Panama corporation and deposit $5,000 in a Panama bank to be granted permanent residency before you may become a citizen of Panama. You can petition for citizenship with your family after five years of residency.
Foreign nationals are allowed to work in the Colon Free Zone and apply for the Panama Temporary Residency Visa if they are employed in managerial roles or as specialist technicians in firms in Panama and make at least $2,000 per month.
The procedure of becoming a resident in Panama is extremely simple, and citizenship can be obtained in just five years. Applying for residency in Panama can be initiated by starting a business, investing, or depositing money into a bank account.
Therefore, the simple fact that Panama is a very beautiful country is the reason that someone should become a citizen. Although Panama speaks Spanish, it is also a country that speaks English fairly well. You can live and work in Panama for the rest of your life if you have been granted permanent residence.
Foreign employees may make up 10% or less of a Panamanian organization’s workforce, provided they get at least $850 a month and are employed for no more than six years.
A decision made by the Ministry of Labor in cases where an employer requests an exemption or special treatment above the 10% maximum quota and the employee is paid at least $850 a month for a maximum of six years.
Temporary Visitors under the Marrakech Treaty: This applies to temporary employees who intend to stay in Panama for no more than five years. The World Trade Organization was established by the Marrakech Treaty. Only businesses with three to ten employees who make at least the minimum wage are eligible for this kind of visa. One foreign employee is allowed in these businesses, and that employee must make at least $1,000 per month.
Five unique work permits are available to foreign investors who operate businesses in Panama’s City of Knowledge for their foreign staff members. For a maximum of six years, foreign technicians, academics, researchers, businesspeople, and students may use this work permit.
Marrying a Panamanian gives you the chance to apply for a work permit.
This is a novel kind of visa that permits a work permit for up to nine months. A responsible, qualified government agency will register companies that are involved in specialty activity in Panama. Until the immigration department issues laws and standards outlining what kinds of work titles or tasks qualify as being “special,” no one has any information about the “Specialist.” Since the maximum stay is nine months, this is meant to be a temporary specialist employment.
Employers are allowed by immigration law to employ foreign nationals for periods of time sufficient to do technical, cultural, musical, educational, sports, artistic, professional, or scientific activity. They can request this visa for a maximum of three months at this time. This is not a visa that can be renewed.
A new immigration legislation permits a citizen of Panama or a permanent or temporary resident to employ a foreign national as a domestic worker. They can apply for a visa to work as foreign domestic workers in Panama. It has a one-year expiration date and is renewable four times. The category that is being targeted includes butlers, nannies, chauffeurs, cooks, maids, and gardeners.
This new type of visa to Panama allows a maximum stay of nine months for the following purposes: setting up business subsidiaries; scientists and investigators working for embassies, foreign companies, or governments; investors or business people coming to Panama to assess potential investments or conduct business in the Food Processors Zone for Export, Call Center, or areas designated for the growth of the Audiovisual and Film Industry.
This law permits foreign nationals to work and reside in Panama for a period of six years as government employees, small business contractors, semi-autonomous companies, executives or managers employed by foreign governments in Colon Free Zone companies or international agencies, and news media correspondents.
This offers six years of temporary residency for all workers in the film or audiovisual industries, workers in the Panama Canal, foreigners hired by companies in the Food Processors for Export Zone, workers in the Panama-Pacific Special Economic Area, foreigners working in call centers for profit, and foreigners working as executives for foreign companies with a Panamanian subsidiary.
Application requirements for a work permit in Panama:
1. The application for a Panama Work Permit must be filed by an attorney.
2. A letter of responsibility from a prospective employer in Panama is required.
3. The prospective full-time employment contract, in original and two copies.
4. Apostillea or Panama Consul Certificate of School Records and Professional Experience, provided by an internationally accredited body.
5. Eight passport-sized photographs.
A lifetime pension or annuity paying at least $1,000 a month is sufficient for an individual who is at least eighteen years old. The “Panama Pensionado Visa” is another name for a pensioner visa. Additionally, each dependent should receive $250 per month from the annuity or pension. The right to receive the pension and annuity belongs to the military, the government, agencies, banks, corporations, or trusts. There are too many benefits to the pensioner visa. A foreign national with a retiree visa is entitled to discounts at hotels, movie theaters, and music venues. Pensioner visa holders can also receive various discounts at restaurants. What is important is that persons with that visa receive larger discounts at pharmacies. Additionally, there are other services of this type that also offer this form of deduction.
Certain nations grant their people the ability to enter Panama with their family and get both permanent residency and other visas. Additionally, they can work professionally for a Panamanian corporation or purchase a business here.
Foreign nationals can apply for permanent residency after two years of residency, two years of “professional” work experience working for a Panamanian company, payment of social taxes, a college degree, and a professional license.
A minimum of $80,000 must be invested in a forestry project that meets government requirements, comprises at least 5 hectares of titled property, and requires an additional $2,00 per dependent.
To entice affluent overseas citizens, this visa comes in two varieties.
a. A minimum asset investment of $300,000 in any type of real estate in Panama, plus an extra $2,000 for each dependent.
b. A minimum three-year investment of $300,000 in a Panama bank CD, plus a $2,000 deposit for each dependent.
Invest a minimum of $160,000 in a Panama corporation’s capital stock. It is legal for foreigners to hold officers, shares, and invest. Additionally, each dependent should receive $2,000 in payment.
Married Panamanian nationals can apply for a permanent visa with ease.
After their child turns five years old, the parents of a child born in Panama can apply for a permanent visa.
In particular, our Panamanian immigration lawyer, one of the most reasonably priced and outstanding immigration attorneys in Panama City, offers assistance with immigration to the country for families, individuals, and students. A Panamanian immigration lawyer can also help corporations and companies expand in the country by facilitating team immigration, mostly for resident permits in Panama City and work permits for companies moving to Panama.
Upon gaining a knowledge of your motivations for relocating to Panama, our team of immigration lawyers in Panama may recommend choices that are not available in Panama, thereby expanding your opportunities in Panama as well as those for your family and business.
offering you a specialized, made-to-order relocation to Panama solution that satisfies your needs.
Before recommending possibilities and options in Panama, we make sure we understand our clients’ goals for Panama and their intention to immigrate there or to another country.
Our extensive knowledge of the Panamanian system, together with the range of other services we offer in Panama and 105 other nations, enable families, individuals, and businesses to relocate, thrive, and grow in Panama thanks to our specific knowledge. We are in a good position to help you in Panama along the way to success.
After learning about your immigration goals, our Panamanian immigration lawyer will walk you through each step of the process, including obtaining a visa, obtaining a work permit, obtaining temporary residency, obtaining permanent residency, and obtaining citizenship, all to ensure you have all the information you need to make an informed immigration decision to Panama.
If you intend to launch a business in Panama, our business consultants there will assist you with registering your company, opening a bank account, purchasing an already-existing firm, and looking for funding or a strategic partner in Panama based on your needs.
If needed, our Panamanian real estate partners can help you look for an apartment to buy or rent as well as an office to rent in Panama.
Finding the best applicants for your HR needs in Panama can be facilitated by our HR staff in Panama.
You can get assistance from our Panamanian education consultant in selecting the best university for you.
Our experts in Panama can help you save money and time by providing you with any support you may require while in the country.
Following your approval, a team of Panamanian immigration lawyers will send you a feasibility report for your immigration, which will include information on work permits, temporary or permanent residency permits, citizenship, and other options that may be appropriate for your needs.
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