PANAMA: EXPATRIATES, EXPATS IN PANAMA
Panama is an incredible place with a
wide variety of residential venues which include beautiful
beaches, city communities’ and mountains. It is also
one of the safest places in the world where the cost of living
is a fraction of what it is in the United States! So if you
have been thinking of moving to Panama, then it will be a
smart move.
Residency
in Panama
Residency in Panama is very easy to obtain
as compared to other countries. Pensioners can qualify for
residency if they have a pension of $500 per month and $100
for each dependant. However residency is not limited to just
a pensioner or an elderly person, anyone above the age of
18 can easily qualify. You can also apply for residency if
you can invest in real-estate. By investing $200,000 or more
in real estate, you automatically receive an investor residency
that allows you to live in Panama legally.
There are four types of retirement visa options available
in Panama. You can check the different Panamanian retirement
visas options with us and select the one that suits you the
best. The four retirement visa types are:
• Pensionado Visa
• Private Income Retiree Visa
• Person of Means Visa
• Forestry Investor Visa
We have negotiated special discounted
fees for obtaining a Panama retirement visa, for example a
Panama retirement (pensionado) visa can be obtianed for as
little as $900. Contact
us for more information.
Health Benefits:
Panama has one of the best medical facilities possible. State
of the art medical equipment, board certified doctors who
are attentive and more importantly can converse in fluent
English, medical services’ ranging from general surgery
to cosmetic surgery,
Panama offers medical services that are on par with services
in the United States.
Prescription and over the counter drugs
are available at low costs, most full health
insurance in Panama are priced quite reasonably, besides
offering discounts on doctor’s visits, dental visits
and prescription drugs. And if you still need convincing,
Panama has some of the safest drinking water available.
We offer several packages for any of
your health requirements. Please check the different services
we have available here or contact
us for further information.
Panama has 1st Class infrastructure:
Panama has world class infrastructure. You will find all the
familiar brands in modern shopping malls, internet facilities,
some of the finest hotels the world over, bright city lights,
excellent business services and telecommunications.
Panama City is the new hot spot of Central
America and is gaining repute as a world class destination.
Political Stability:
Panama has one of the most stable democratic governments in
Central America and has no military. It is also one of the
safest places the world over with a very low crime rate. The
Panamanian government is dedicated to offering some of the
best benefits to expatriates, business investors and retirees.
Great weather:
Panama is one place in the world where
you can enjoy tropical climate and the fresh, cooling mountain
air all a short distance from each other. No hurricanes or
destructive earthquakes Panama is blessed with a fantastic
climate unlike her Central American neighbors so you can enjoy
some of the best weather conditions the year round.
You can contact us for any
tours and travel packages. Select from a list of sample
packages available with us, or
contact us for more information.
Real Estate Investment:
Currently real estate is at an all time high in Panama. With
investor friendly laws the Panamanian government has made
it possible for foreigners to buy or own property with excellent
tax benefits and either own in whole or partnership businesses
both international and local. Panamanian laws are similar
for both foreigners and locals when it comes to owning property
of business.
Conveniently located: Panama is located
a mere 2 ½ hours from Miami and has direct flights
to all major US cities, including Houston, Atlanta and Newark.
Please check the different flights
to all major destinations here or contact
us.
Lifestyle/ Tropical beauty:
Panama’s natural tropical beauty
is such that it should be experienced first hand. Beautiful
serene beaches, cool, crisp mountains, modern city life, friendly
locals and a lifestyle that is cheap and affordable you can
have it all in Panama.
With a banking centre that’s is the second largest in
the world, investment and earning benefits and services are
excellent, safe and discreet. The inflation rate is almost
negligible and is placed at 1% to 2% per year. The Colon Free
Zone (CFZ) which is the largest distribution centre in the
Americas, ensures a low production cost benefit for Panama
The Panamanian Government is aggressively
promoting the tourism industry at international levels. The
tourism investment programmes is one of the best and most
beneficial schemes in the Caribbean’s and Central Americas.
Panama’s law 54 clearly stipulates that both locals
and foreigners have the same rights when it comes to investments.
As an expatriate in Panama the benefits and advantages are
manifold besides offering one of the most beautiful and safest
places in the world to live in.
For a general discussion about Panama and information about
Panama expat groups, please visit our Panama
Forum, or contact us
for more information.
|
