| This is a new concept but one that is
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| | Investor Visa (Inversionista)
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| gaining in popularity. This is for the
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| | Designed for those who wish to establish
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| nautically inclined only with boating
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| | a business in Panama (note, though, that
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| skills that are developed. Basically you
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| | some retail businesses and some
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| live your present country and become a
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| | professions are reserved to Panamanians).
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| citizen of the world traveling
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| | There must be a minimum investment of
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| perpetually on your yacht. While all this
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| | $150,000 and minimum of three, permanent
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| sounds great you still need to have
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| | Panamanian employees hired. It is granted
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| papers and documents of registration and
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| | provisionally for one year and after
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| passports to avoid constant hassles with
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| | renewal is granted permanently with the
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| authorities wherever you go. So what can
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| | right to be issued a cedula identity
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| be done is as follows:
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| | card. Five years after obtaining the
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| You form an anonymous Panama SA company
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| | permanent visa, holders will be eligible
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| (bearer shares). This company then buys a
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| | to apply for Panamanian nationality.
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| yacht for at least $150,000. Now you need
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| | Small Business Investor Visa
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| to hire three Panamanians for at least
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| | (Inversionista de Pequeña Empresa)
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| $253.00 a month each. So you have
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| | Designed for those who wish to establish
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| deckhands, crew, cook etc. This would let
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| | a small business in Panama (note that
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| you get residency in Panama quickly and
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| | retail businesses and some professions
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| after three years you could apply for
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| | are reserved to Panamanians). There must
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| citizenship and get a Panama passport.
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| | be a minimum investment of $40,000 and
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| You could also do a version of this using
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| | minimum of three permanent Panamanian
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| the small investor visa to do it with a
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| | employees hired. It is granted
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| $40,000 investment and three employees on
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| | provisionally for one year, and needs to
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| your fishing or touring boat. You can get
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| | be renewed three more times before it is
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| a Panama cell phone, mail box, bank
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| | granted permanently with the right to a
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| account, visa debit card, atm card and
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| | cedula. Five years after obtaining the
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| you can travel the world. For most this
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| | permanent visa, holders will be eligible
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| isn't feasible but it is fun to dream
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| | to obtain Panamanian nationality.
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| anyway.
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