get to know one of the easiest residencies through Panama’s Friendly Nations

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Panama’s Friendly Nations

Big countries are usually also large economic powers, and this comes with pros and cons. Many people are thinking “I want to leave the US” and this is understandable if we consider that this is a high-taxation country, with high control over people's assets even if they are allocated abroad.


This is why it's only natural to go out and search for the easiest residencies. Through easy residency programs, it's possible to obtain a legal permit to live in a different country in which conditions might be friendlier.

get to know one of the easiest residencies through Panama’s Friendly Nations

contact us

Panama’s Friendly Nations

Big countries are usually also large economic powers, and this comes with pros and cons. Many people are thinking “I want to leave the US” and this is understandable if we consider that this is a high-taxation country, with high control over people's assets even if they are allocated abroad.


This is why it's only natural to go out and search for the easiest residencies. Through easy residency programs, it's possible to obtain a legal permit to live in a different country in which conditions might be friendlier.

Panama’s Friendly Nations Visa: one of the easiest residencies out there

The Friendly Nations Visa is one of the easy residency programs that we know and love at Mundo. It doesn't require a mandatory investment. All it takes is that you prove having financial ties to the Republic of Panama. The only catch is that you have to be a citizen of one of the considered friendly countries according to Panama, a prerequisite that you won't find in other programs like the Qualified Investor. This list includes The United States and also Ireland, the UK, Australia, and New Zealand.
This makes it an excellent option for those thinking “I want to move out of the US” since citizenship is one of the main requirements for eligibility.

 how to prove a financial connection to the country

If you are from one of the friendly nations, the next step is proving to have a financial connection which can be done in any of the following ways.

Get hired by a local company

The Panamanian company must hire you with a legal contract registered with the Ministry of Labor.

Establish your own company and hire yourself

If you don't have such a contract there's the option to establish your own company and hire yourself, which includes paying your own salary and Social Security. This option is more expensive, but you don't depend on a third party to write you a contract.

Make a real estate investment

The minimum is $200,000. The property must be already built and duly registered. Applying through a developing project is not an option.


What do I need to obtain the Friendly Nations visa

Legalized Copy of Your Passport

A complete copy of your passport, including all pages, must be authenticated by a notary or the appropriate consulate.

Health Certificate

A certificate issued by a licensed doctor in Panama confirming you are in good health.

Clean Police Record

A background check from your home country or your place of residence for the past five years, showing no criminal activity.

Proof of Financial Solvency

A deposit of $5,000 in a Panamanian bank account is required to demonstrate your financial stability. This amount will be reimbursed once the requirement is validated.

Additional Deposit for Dependents

If you are including dependents in your application, an extra deposit of $2,000 per dependent is required to prove financial capacity.

why choose Panama

Avoid high taxation worldwide

The US is one of the only countries in the world that taxes worldwide income. If you have international structures this creates an extra tax burden, even if you live elsewhere.

Access a territorial taxation system

In Panama, things work the other way around. If you live in Panama for at least six months each year and you have assets abroad, those assets are not taxed.

Low taxation rates

The income derived or received in Panama is taxed but at convenient rates.

High-end living at lower costs

Panama offers a cosmopolitan environment, luxury living, and incredible landscapes at much lower costs than you find in New York, Miami, London, or Sydney.

Advantages of the Friendly Nations Visa

Easy residency programs

This is one of the easiest residencies if you are citizen of a friendly country like for example the US.

Two-year permit

It offers a two-year residency permit which can be changed to a permanent one after this period.

No investment required

Unlike other programs, the Friendly Nations does not require a mandatory investment.

Accessibility

If you can't obtain a job contract, you can create your company and hire yourself, a process that is much less costly than other options such as real estate.

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Contact Us

Thanks to our tight connections with experts, agents, and advisors in different jurisdictions, our team of experts can guide you through every step of the process. Feel free to reach out with any questions and learn how we can assist you in fulfilling your objectives.

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+50762095035
info@mundo.expert