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Benefits of the Panama Friendly Nations Visa

So, if you are looking for a quick and simple second residency in the gorgeous tax haven, Panama, the Panama Friendly Nations Visa is the easiest way to get it. For more information, visit us at https://www.confidentialbanking.com/.

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Benefits of the Panama Friendly Nations Visa

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  1. Benefits of the Panama Friendly Nations Visa

  2. About this template UNDERSTANDING THE PANAMA FRIENDLY NATIONS VISA • Back in 2010, the Government of Panama introduced the "Friendly Nations Visa" permanent residency program, which gave preferential treatment to citizens from 50 countries with professional or economic ties with Panama. The eligible countries include the United States, most of the European countries, Hong Kong, Argentina, Taiwan, Japan, Israel, Canada, and Brazil. • Citizens of these countries are eligible to apply for permanent residency and later obtain a Panamanian ID (cédula), allowing them to live and work in Panama indefinitely.

  3. BENEFITS OF THE PANAMA FRIENDLY NATIONS VISA • For one, the entire process is pretty straightforward. If you are a citizen of one of the 50 eligible countries, all you need to do is set up a local Panama corporation, open an offshore bank account and fund it with $5,000. After your application, you are issued a temporary residence card that is valid for up to one year, and once your case is approved, you get your own cédula. • And then there are the tax benefits. Panama uses a territorial tax system where its residents are only taxed on income sourced within its jurisdiction. This means that your company incorporated in Panama is exempt from the taxes on its income sourced from outside the country; you can conduct business from anywhere in the world and still enjoy Panama's tax advantages.

  4. So, if you are looking for a quick and simple second residency in the gorgeous tax haven that is Panama, the Panama Friendly Nations Visa is the easiest way to get it. Keep in mind, though: obtaining the Friendly Nations Visa can be quite bureaucratic. You need a representative like Liberty Enterprises to take you through the process. They can handle the complete process from submitting required documents to arranging meetings directly with the Panama immigration department so that you don’t have to spend weeks in the country dealing with the process.

  5. CONTACT INFORMATION 1-788-285-3888 (Calls outside North America) 1-800-577-0381 (Toll Free within North America) Website:www.confidentialbanking.com Please contact us online during office hours to initiate conversation on Skype: Skype User Name: confidentialbanking.com Office Hours: 9:00 a.m. to 5:00 p.m. Eastern Standard Time (U.S. and Canada) Head Office: Ricardo Arias St., Advanced Tower Panama City, Panama

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