Restart in Panama
Why does YOU cast a spell over Panama? What are the main reasons for thousands from Europe and North America to make a fresh start in Panama? Usually it is one of the following facets with which Panama picks you and me up and takes you in as a PEOPLE:
PERSONAL FREEDOM AND DEVELOPMENT
NEVER MORE 9to5-JOB
ENJOYING THE FRUITS OF YOUR LABOR FOR YOURSELF
THE POLITICAL DEVELOPMENT IN YOUR COUNTRY IS NO LONGER YOUR FIGHT. NOR YOUR FRUSTRATION.
VIVE LA VIDA.
A NEW LIFESTYLE
YOU PROFIT FROM
THE CHEERFUL LATIN SERENITY AND THE "PLAY THE GAME" OF AMERICANS
The Permanent Residence Permit for Panama under the Friendly Nations Program
This programme was launched in 2012 to attract professionals, investors and wealthy individuals with their families to the country. It is cost-effective and flexible, without having to settle on your place of residence. This programme not only provides permanent residence permits, but also work permits and Panamanian citizenship after five years.
The Friendly Nations Program can therefore be the ideal solution for you to make a fresh start, to invest strategically, to start a new place of residence, to start your own business or as a tax residence.
It is the most effective, affordable residency program of its kind compared to any country in the Caribbean, Europe or the Middle East.
No need for investment, be it in
government bonds, public programs
or real estate.
You don't have to bring up new evidence after a few years.
once granted is permanent.
After only five years,
it is already possible
Panamanian citizenship, which brings with it
You can obtain
Welcome, New life
When you have arrived in the beautiful country of Panama, not as a guest but as a resident, then take the following steps. With this you set the base for a successful and satisfied life in your new homeland.
Hotel days and networking
What does the car market offer? Where will I live for the next 3 months?
Allow yourself a few days of rest and relaxation in the hotel until the follow up rental stands, even if it is only a rental contract for 3 months. Get an overview of the rental offers and the vehicle market. Take a look at a few objects. Sign a short-term rental contract - so you stay flexible until you explore the country.
In Panama common platforms are: encuentra24.com and olx.com
For long-term rent or properties to buy contact me here
Moving into your first home in Panama
This is your new base for all the following activities
Most short-term rentals are furnished, but you will probably need to apply for your own broadband connection. For example, Cable Onda. Usually takes 2 days and can be terminated before moving in.
Then get to know the surroundings. Where is the best place to shop? Where can I find good doctors and a private hospital? Have the courage to try the Panamanian lunch where the Panamanians eat. Very tasty and inexpensive for 3-4 dollars.
Recomendation: 4 x 4 or at least sufficient ground clearance
Since new vehicles in Panama are now financed for up to 7 years, the range of used vehicles is large (see encuentra24.com or olx.com). But beware! Checkbook maintained is a unknown word, also in Spanish. If you are interested in a vehicle, then spend a few dollars and drive with the owner to a garage.
The license plate is only valid for 1 year, after that you pay the car check and taxes and you get a new one with the same number.
Cedula, Driving licence, Work permit
Requirement for everything: your residencia permanente
The "Cédula E" is similar to an identity card or ID card. The complete package of my partner law firm includes the application for the Cedula. But you have to go personally to the "Tribunal Electoral".
After a maximum of 3 months in Panama, you have to authenticate your home country driving licence and on this basis obtain a Panamanian driving licence (Consulate, Ministry of Foreign Affairs, Blood Grouping Laboratory, Certracen). Duration 1-2 days.
A lawyer must be employed to obtain a work permit. Duration 3 months
Find your place of residence
Get to know the country and climate regions
Make a well planned trip around Panama. Or weekly excursions. Or let me show you gated communities where you wouldn't be able to get in otherwise. Here you will find an overview of the different residential areas of Panama.
With pleasure I advise also to the topics "rent or buy", "house or apartment" as well as " buy used or build new ".
If it doesn't come down to a long-term rent for you, then at this point the note: With a small "change of mindset" you can save more than 50'000.00!