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Why Choose Panama for Residency? Exploring Visa Options

In recent years, Panama has positioned itself as an ideal country to live in, offering a higher quality of life and a lower cost of living compared to the United States and Canada. Expats recognize this and are increasingly choosing Panama as their new home.

Panama boasts a tropical climate, modern infrastructure, and a vibrant culture, making it a top choice for those seeking a better lifestyle. The cost of living is significantly lower, allowing expats to enjoy a comfortable life without breaking the bank.

Panama’s economic stability and growth have also contributed to its appeal. The country offers various incentives for retirees and investors, making it an attractive destination for those looking to stretch their retirement savings or start new business ventures.

Panama Visas & Residence Options

Panama has been continuously updating its residency visa options to cater to expats who want to stay temporarily or settle permanently. The country offers a variety of visas that suit different needs and circumstances, making it easier for expats to find the right fit for their residency plans.

Pensionado Visa

Friendly Nations Visa

Panama Italy Treaty Visa

Reforestation Visa

For more details on all visa types, visit our Visas & Citizenship page.

The work permit is not the same as getting a Residence.

Expats need to navigate various institutions to legalize their stay in Panama. The National Migration Service handles residency permits, which grant the right to live in Panama.

However, obtaining a work permit requires dealing with the Ministry of Labor. Each process has distinct requirements and procedures, and each type of permit provides a different card.

Panama Residence Card

The Panama residence card grants expats the legal right to live in Panama. Issued by the National Migration Service, it signifies your official residency status and allows for extended stays in the country.

Work Permit Card

The work permit card, issued by the Ministry of Labor, authorizes expats to work legally in Panama. This card is essential for employment and requires a separate application process from the residency permit.

While the residence permit allows you to stay in Panama, a work permit is necessary if you plan to work. The residence permit process involves proving your eligibility and fulfilling the National Migration Service’s requirements, while the work permit process is overseen by the Ministry of Labor, ensuring you meet the criteria to work legally in the country. Each permit results in a separate identification card, specific to its purpose.

The Panama Immigrations Lawyers

Immigration lawyers are vital in the Panama immigration system. They handle the submission of your visa or work permit applications because you cannot do this by yourself.

These professionals know the process well and make sure all your documents are in order, reducing the chance of mistakes and delays. By hiring an immigration lawyer, you ensure a smoother and faster application process, as they guide you through Panama’s legal and bureaucratic requirements.

Their expertise helps you avoid common pitfalls and successfully obtain your residency or work permit. If you need assistance, we can help you. Contact us.

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