Panama Permanent Residency for a qualified buyer

• can be obtained from the Buyer's home country
• can be obtained within 30 days of application
• includes immediate family members and older family members who are under their care
• minimum purchase in approved Panama real estate only needs to be USD $300,000. After two years this minimum increases to USD $500,000
• purchase contracts for buyers are conditional upon approval of Panama Permanent Residency, and Pensio pays qualified Buyer's immigration and real estate legal fees
• no minimum stay, visit, or residency requirement, unlike every other country
• property must be held for 5 years, although property can be sold in the first 5 years to take advantage of investment gains but the buyer must purchase another property in Panama and hold it for the balance of 5 years
• no requirement to own property after 5 years
• can apply and obtain Panama Citizenship after 5 years

Advantages Of Panama Tax Residency

• Panama permanent residents have similar tax advantages as Hong Kong or Singapore: no worldwide taxes, low capital gains taxes, no inheritance taxes, and no wealth taxes. Probably one of the lowest taxation systems in the World today.
• Panama is one of the World's leading Banking and offshore centers with a choice of over 50 banks and access to Chinese Banks Like Bank of China as well as numerous international banking options. CRS reporting will be to Panama if you are a tax resident and not to other countries
• Permanent Residents are encouraged to incorporate a Panamanian company to make their purchase to further capital gains tax advantages.
• Panama companies and Panama registered Foundations can provide excellent asset protection and tax optimization.
• Panama is the home to many Family Offices registered for global investments

Other information

• For some, Panama is the Hong Kong or Shanghai of Latin America with multiple shopping, restaurants, and nightlife.
• It is extremely safe to live in Panama.
• Panama is a friendly and diverse country.
• There are more than 300,000 Chinese residents in Panama City, one-quarter of the City's' population.
• There are many thriving and successful Chinese technology, investment and construction companies, restaurants, shops and businesses in Panama. There are two Chinese schools located in the City of Panama.
• Panama is one of the best places in the World to retire, according to Forbes International living for the past 10 years.
• Panama is a beautiful playground. The only country in the World that combines big city life close to untouched beaches and ecotourism. It has the largest biodiversity on earth, with Caribbean and Pacific beaches, mountains, forests, rivers, and reefs only a few hours apart.
• Panama has a new international airport, with flights to all of the leading destinations in the World. The Panama canal is the global sea lane.
• Private schooling is offered in Chinese, Greek, English, French, Italian and Spanish. There are many university and college options, and Permanent Residents whose children want to study in America can easily obtain a student visa as a Panama Permanent Resident.
• Panama's private health care system is affordable and one of the best private health care systems in the World today, one of the reasons why it was ranked as one of the best places to live in the World today