Since 1966, Italy and Panama have maintained a unique treaty known as the Treaty of Friendship, Commerce, and Navigation. This treaty allows Italian citizens to obtain a Permanent Residence Visa in Panama. Additionally, Italian citizens can conduct business freely in Panama without the need for a work permit or a Foreign Investor Visa.
This treaty offers an indefinite Permanent Resident Visa, potentially leading to Panamanian citizenship after five (5) years. Its primary aim is to enhance trade between the two nations.
Italian citizens interested in relocating to Panama need to visit the National Immigration Service for processing.
Key Advantages Include:
- Approval of the application results in an almost immediate issuance of an Indefinite Residence Permit or Visa for «permanent resident» status for you and your family.
- You have the right to apply for a Panamanian ID after the naturalization period.
- No obligation to purchase properties or commit to any fixed terms deposit on a bank.
- Access to apply for an indefinite work permit without needing an employment contract or job offer.
- Your dependents do not need to be Italian citizens to receive the same benefits.
For further information, please feel free to contact us at +507 6418-8027