Why Choose This Path?
No Company Formation Required — Avoid time and costs of setting up a business
Lowest Cost Residency Option — The most affordable way to obtain Panamanian residency
No Tax on Foreign Income — Panama's territorial tax system means zero tax on worldwide earnings
Minimal Physical Presence — No strict stay requirement to maintain residency
Who This Is For
This residency pathway is designed for:
- Digital nomads and remote workers seeking a low-tax base in the Americas
- Entrepreneurs who want residency without the hassle of forming a company
- Retirees looking for an affordable path to Latin American residency
- Investors and business owners seeking territorial tax benefits on foreign income
You rent an existing Panamanian company instead of forming one. This is the fastest, most affordable path to Panamanian residency under the Friendly Nations Visa.
Your 3-Step Process to Panamanian Residency
Step 1: Rent an Existing Panamanian Company and Apply for Residency
We provide a legally registered company that meets all requirements. Submit your application under the Friendly Nations Visa.
Step 2: Visit Panama for 5-7 Days
Attend biometric and legal appointments and obtain your temporary residency card.
Step 3: Apply for Your Panamanian Cedula (National ID Card)
Return after 6 months to apply for your cedula and maintain your residency status with minimal effort.
Requirements
Valid Passport — Minimum 6 months validity plus 1 blank page
Criminal Record Clearance — Apostilled, from your country of legal residence
Proof of Economic Solvency — Bank statements or a Panamanian bank account deposit
Company Rental Agreement — Handled entirely by us
What's Included
Full Legal Assistance — Guidance throughout the entire residency process
Government Application Fees — Included, excluding reciprocity fees for certain nationalities
Company Rental and Compliance Management — Ensuring all legal requirements are met
Document Preparation and Due Diligence — Assistance with all required paperwork
Concierge Services in Panama — Legal representation, translations, and local support
Timeline
Milestone | Timeframe |
|---|---|
Company rental and application submission | Immediate |
First trip to Panama | 5-7 days |
Temporary residency card issued | During first trip |
Cedula application (second trip) | After 6 months |
Permanent Residency eligible | Year 2 |
Citizenship eligible | Year 5 |
Important Notes
Panamanian Cedula — Must be applied for after 6 months, requiring a second trip to Panama
Permanent Residency — Can be applied for after 2 years of holding temporary residency
Citizenship Eligibility — Requires 5 years of permanent residency