[vc_row top_and_bottom_padding=»0px» left_and_right_padding=»» bg_type=»» class=»» style=»»][vc_column animation=»fadeInLeft» delay=»400″ delay_offset=»» bg_type=»» min_height=»» top_and_bottom_padding=»» left_and_right_padding=»» width=»1/2″ id=»» class=»» style=»»][clear by=»50px» id=»» class=»»][vc_gallery interval=»3″ images=»488,489″ img_size=»full»][/vc_column][vc_column animation=»fadeInUp» delay=»600″ delay_offset=»» bg_type=»» min_height=»» top_and_bottom_padding=»» left_and_right_padding=»» width=»1/2″ id=»» class=»» style=»»][clear by=»35px» id=»» class=»»][text]Square Tree Corp. is pleased to accompany the client who wishes to transfer his residence in Panama by helping him in the documentation and practical requirements:

[/text][clear by=»60px» id=»» class=»»][/vc_column][/vc_row][vc_row top_and_bottom_padding=»» left_and_right_padding=»» bg_type=»»][vc_column delay=»» delay_offset=»» bg_type=»» min_height=»» top_and_bottom_padding=»» left_and_right_padding=»» width=»1/1″][vc_custom_heading text=»Panama Residency for Europeans» font_container=»tag:h2|text_align:center» google_fonts=»font_family:Merriweather%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C800%2C800italic|font_style:800%20bold%20regular%3A800%3Anormal»][/vc_column][/vc_row][vc_row top_and_bottom_padding=»» left_and_right_padding=»» bg_type=»»][vc_column delay=»» delay_offset=»» bg_type=»» min_height=»» top_and_bottom_padding=»» left_and_right_padding=»» width=»1/2″][text]The most of European Countries have entered into specific Immigration agreements that would grant in favor of the applicant a permanent residence and would entitle him/her to request the Panamanian passport after 5 years.

There are different requirements to comply with for a European citizen to obtain the Panamanian residency. The assistance of a local Lawyer is essential for the immigration procedure to be finalized.

The government costs consist in USD 250.00 for “Tesoro Nacional” and USD 800.00 for “Servicio Nacional de Migracion”, to be paid by way of certified cheque.[/text][/vc_column][vc_column delay=»» delay_offset=»» bg_type=»» min_height=»» top_and_bottom_padding=»» left_and_right_padding=»» width=»1/2″][dima_embed_video id=»» class=»» style=»»][/dima_embed_video][/vc_column][/vc_row][vc_row top_and_bottom_padding=»» left_and_right_padding=»» bg_type=»»][vc_column delay=»» delay_offset=»» bg_type=»» min_height=»» top_and_bottom_padding=»» left_and_right_padding=»» width=»1/1″][text]The following are the documents to be presented, all to be legalized with apostille either with a notary or at the nearest Consulate of Panama in the Country of residence of the applicant:

The applicant is to bring with him/her the passport and ID card in original along with 6 photos, carnet size.

The opening of a personal bank account with a local bank is now compulsory for presenting the immigration procedure as a letter of reference to Servicio Nacional de Migracion, issued from this bank, is part of the documents to be provided.

For opening a personal bank account, the following documentation is to be provided, no legalizations required:

Finally, a local doctor will visit the applicant and will issue a medical certificate of good health.

The foreigner is usually expected to either rent or purchase a real estate where to elect his/her residence. Also utility bills such as electricity, water, telephone in name of the applicant are to be provided.

In addition the applicant for the permanent residence is requested to prove his/her activity in Panama that could involve either the development of a business or an investment in real estates. The best way to prove the intention to operate in Panama is to be both President and Shareholder of a Panamanian company that could carry out an activity and/or purchase properties.[/text][/vc_column][/vc_row]