Panama has a new visa to give immediate residency for people that come from 24 countries. This new visa is for the citizens of those 24 countries that start a business, buy an existing business, or become employed by a professional Panama business. Panama believes that foreigners with professional skills will relocate to Panama and create opportunities for Panama.
This is a fast track approach to becoming a permanent resident of Panama. You can accomplish the requirements by starting a new business, buying an existing business, or working for a Panama company. This visa states that one has professional or economic ties with the Republic of Panama. This means that the citizens of Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Czech Republic, Finland, France, Germany, Ireland, Japan, Netherlands, Norway, Singapore, Slovenia, South Korea, Spain, Sweden, Switzerland, United Kingdom, United States, and Uruguay can apply for this visa by establishing the ties. If anyone wants additional details just ask Zagova.
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