


Panama Tax Free Processing Zone Investor Program
Panama Offshore Legal Services provides competent immigration
attorneys to assist foreigners with a Panama Tax Free Processing
Zone Investor Visa.
This program allows
Panama foreign investors to obtain Panama legal residency under
the condition that they must rent a plot of land or an office
or building (rented through a 10 to 20 year concession) within
one of the new tax free processing zones in Panama, for the purpose
of operating a business from Panama that exports its products
or services. This is a Panama Visa providing Panama legal residency
for Panama foreign investors. All Panama Tax Free Processing Zones,
including the Colon Free Trade Zone, investors qualify for this
Panama Visa. Panama immigration officials welcome foreign investors
who can generate business from Panama across the globe.
Since the turn-over of the US military bases
in Panama, the Panamanian government has designated several of
these areas as "Tax Free Processing Zones", with similar
tax benefits as the existing Colon Free Trade Zone (the second
largest distribution center in the world). These tax free processing
zones have distinct tax advantages for operating manufacturing
plants, assembly plants, software creation facilities, call centers,
and other such businesses that export their products or services.
These businesses also get a substantial tax break on a certain
percentage of their products or services sold locally.
Documents
that are necessary to process Panama legal residency and passport:
1. Power of Attorney allowing our law firm
to act on behalf of the applicant (and dependents - if applicable).
2. Certificate of Good Health, signed by
a registered, licensed physician, indicating that the applicant
(and dependents - if applicable) has no contagious diseases and
is in good mental and physical condition.
3. Notarized and authenticated police record
from the place of residence for the applicant (and spouse &
children - if applicable).
4. Certified or notarized Birth Certificate
of the applicant (and dependents - if applicable).
5. Marriage Certificate for the applicant
(and dependents - if applicable).
6. Valid passport of the applicant (and dependents
- if applicable).
7. Four (4) passport sized photographs of
the applicant (and dependents - if applicable).
8. Financial reference letter from your bank,
credit union, or brokerage / investment firm.
*All
documents must be apostilled or authenticated by the Panama Consulate
in your country.
Note
that immigration request that the applicant for any type of visa,
be present physically at the immigration office in Panama, at
the time of Visa application.
Panama Immigration will not allow people to visit wearing
shorts, t-shirts, or sandals. Immigration will not accept U.S.
currency in denominations of $50 or $100.
When the immigration visa is approved plan to visit Panama for
two weeks because immigration may hold onto your passport for
5 business days while they insert the official stamps and information
in the passport.
If you are interested
in relocating to Panama, or obtaining legal residency in Panama,
please contact us for a personal consultation with Panama Offshore
Legal Services.
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