Immigrating to Panama is a very attractive option for foreigners, thanks to the opportunities and advantages that the country offers from an economic point of view and its political stability.
But, how to immigrate to Panama as a citizen of the European Union?
Discover the process to achieve it, reviewing the advantages of living in Panama and the necessary steps that must be followed to immigrate.
Among the advantages that the country has, the following can be mentioned:
The country offers a lot of hospitality because Panamanians are people who offer cordiality to foreigners.
Panama is located between South America and Central America, so it has the Caribbean Sea to the north and the Pacific Ocean to the south, and this location allows having a tropical climate.
The economy is based mainly on the dollar and also on the Balboa, which is legal tender, having low inflation and offering legal security.
The steps that every citizen of the European Union who wishes to immigrate must follow to Panama, are the following:
It is recommended that the person interested in immigrating to Panama prepare for the process; This means that it is important that you have valid documents, as well as authenticated by the corresponding authority, and it is advisable to have capital that allows you to be in Panama for the first few months until you get a job or a business.
For the legal procedures that the person must carry out, it is necessary to have the service of a lawyer specialized in migration because it will guide you during the process, on how to legally enter and stay in the country.
c) Visa application
To legally enter Panama, the person must have a visa, which can be for employment or student. It is important to note that obtaining the visa requires 6 months for approval.
d) Residency Application
It is a very important step and it is recommended to continue with the support of the advisory lawyer, to process the residence permit, since the following requirements must be met:
e) Job application
To obtain a job, the interested person must have the specific documents: title and certified and apostilled notes, proof of work from the last job performed in their country of origin, 3 bank statements from the financial institutions of their country of origin.
To achieve nationality, it is important to note that the person must be of legal age, have temporary residence and work permits; stay 5 consecutive years in the country, and renounce their nationality.
More and more people dare to live in another country like Panama, where they can enjoy new and pleasant experiences, so we invite you to stay tuned to our blog to find all the additional information you need to immigrate to Panama.
El Consejo de Gabinete dispuso dejar sin efecto la resolución, mediante la cual se autorizaba la compra de uniformes y útiles escolares para...
Read More 02/01/2020
Panama is a very attractive destination. Many foreigners wish to immigrate both permanently and temporarily because it offers many favorable conditions...
Investing in Panama represents a great alternative thanks to its economic stability, the support of solid banking centers, and a complete compendium of...