Why Choose This Option?
Most structured pathway — The most structured and widely used pathway for Panama residency.
Business presence — Combines residency with a compliant business presence in Panama.
Long-term flexibility — Strong compliance and long-term flexibility built into the structure.
Your Step-by-Step Process
Step 1: Complete KYC and Submit Required Documents
Complete your Know Your Customer verification and submit all required documents to begin the process.
Step 2: Incorporate Your Panamanian Company
Your Panamanian company is incorporated and structured as the foundation of your residency application.
Step 3: Prepare and Submit Your Residency Application
Your residency application is prepared and submitted to immigration authorities.
Step 4: Travel to Panama to Obtain Temporary Residency
First Trip: 4 business days. You travel to Panama to complete biometrics and processing. You receive your temporary residency ID within 3-4 business days during this trip.
Step 5: Receive Full Residency Approval
Second Trip: 2 business days. Once your case is reviewed and approved, you return to Panama to collect your final residency card. Final approval typically takes 4-6 months.
Requirements
Passport — Required for both company formation and residency application
Secondary ID — Required for company formation (KYC)
Bank Reference Letter — Required for company formation (KYC)
Proof of Income — Tax ID or employment letter, required for company formation (KYC)
Proof of Address — Required for company formation (KYC)
Apostilled Criminal Record — From your country of nationality or residence, required for residency application
What's Included
Company formation and structuring — Full incorporation and structuring of your Panamanian company
Residency application preparation — Complete preparation of your residency application
Government filing and coordination — All government filings handled on your behalf
Temporary residency card — Issuance of your temporary residency card during your first trip
End-to-end legal guidance — Full legal support throughout the entire process
Timeline
Milestone | Timeframe |
|---|---|
Company Formation | 16 business days |
First trip to Panama | 4 business days |
Legal residency status (temporary ID) | 3-4 business days (during first trip) |
Residency process (full review) | 3-6 months |
Second trip to collect final residency card | 2 business days |
Important Notes
Temporary ID — A 6-month temporary ID is issued while your case is reviewed.
Legal residency — You become a legal resident within 3-4 business days during your first trip to Panama.
Final approval — Final approval typically takes 4-6 months after your first trip.
Two trips required — Two trips to Panama are required to complete the full process.