Panama Residency & Business & Corporation Setup Package

Sun, sand and pool

Start your new life in Panama with peace of mind.

Our specialized legal team will guide you step by step through Panama’s Friendly Nations Visa Program, designed for professionals, entrepreneurs, and investors who wish to establish residency and form a Panamanian Corporation (Sociedad Anónima) in one of the most vibrant economies in Latin America.

1. Residency Permit – Friendly Nations Visa

Under Panama’s immigration law, citizens from specific countries (including the United States) can apply for Provisional Residency in Panama for two (2) years, with the possibility of later becoming permanent residents.

Benefits of the Panama Residency Permit:

✔ Legal residency in Panama for you and your family.
✔ Access to Panama’s world-class banking and healthcare system.
✔ Tax advantages under Panama’s territorial system and a stable economy.
✔ The option to later apply for Permanent Residency.

Our professional fee: USD $2,000 + 7% tax
Government expenses: ~USD $1,055 (immigration card, background checks, certificates).

2. Panama Corporation Setup (Sociedad Anónima)

To qualify and support your residency, you will establish a Panama Corporation — internationally recognized as a Sociedad Anónima in Panama. This structure also serves as the legal and financial foundation for conducting business in Panama.

Benefits of Panamanian Corporation Formation:

✔ Flexible corporate structure recognized worldwide.
✔ Ability to own property, open bank accounts, and conduct business in Panama.
✔ Asset protection, confidentiality, and global credibility.

Panama Corporation Costs:

  • Incorporation & Legal Fees: USD $1,200 + 7% tax
  • Annual Obligations (from year two):
    • Franchise Tax: USD $300
    • Resident Agent Fee: USD $300 + 7% tax

By establishing a Panama Corporation, you not only secure your residency permit but also unlock the benefits of international business opportunities and asset protection.

3. All-Inclusive Service for Residency & Corporation

When you work with us, you’re not just paying for paperwork — you’re investing in a smooth transition:

  • Personalized consultation before your relocation.
  • Document translation and notarization.
  • Step-by-step guidance at immigration appointments.
  • Corporate compliance support for your Panama business setup.

4. Total Investment (First Year)

  • Residency Legal Fee: $2,000 + 7% tax
  • Government Fees: ~$1,055
  • Corporation Setup: $1,200 + 7% tax

Estimated First-Year Total: ~$3,255 + taxes & government fees

From the second year onward, the only recurring costs will be the Panama Corporation Annual Fees (franchise tax and resident agent).

Contact Us

Panama offers a warm climate, business-friendly laws, and a tax-efficient environment for expats. Whether you are seeking a second home, a base for your international business, or permanent relocation, we provide the Panama Residency & Corporation Setup Package that covers it all.

Contact us today to schedule your free consultation and start your journey to Panama residency.

Johel Cruz Brown abogado

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