🇵🇦 Panama: Apply for Residence and Permanent Residence

Panama combines a US dollar economy, territorial taxation and first-world infrastructure like no other country in the region. If your nationality is on the list, the Friendly Nations visa is the fastest serious route: two years of provisional residence based on an economic tie, then permanent residence. The tie can be your own Panamanian company, so company and residence come from one source. Panama requires an attorney for immigration procedures, so your case is handled by licensed local attorneys in any event. Panama suits entrepreneurs, investors and retirees with a solid budget; if keeping costs down is your main goal, Paraguay is the better fit.