Panama's Immigration Policy

 

In the days, Diablo Heights, which was reffered to as Diablo Camp, was a cultural HUB 24 hours a day. Thanks to new s immigration decree it's far more easier to fasttrack in becoming a permanent resident and thereafter obtaining a working permit, allowing a return of intermingling cultures.

 
 

An important factor that makes all of this possible is the Decree 343 of May 16th 2012 emitted by President Ricardo Martinelli witch makes it a lot easier for foreigners from most of the western countries to apply and get a permanent residence visa after 30 days in the country and then easily apply for a working visa.

 

 

This opportunity given to citizens of those countries has to be considered. Panama is changing and a real economic boom is happening. It's evident the economics of this country are booming, thanks to President Martinelli who has foreseen the results of his groundbreaking politics, but we have to balance these advances by better education, developing arts, mind-awakening the Panamenian people.

 
 

New Easy Retirement Residency in Panama

Furthering its reputation as one of the world's top choices for foreign retirees and expats, Panama, through a series of presidential decrees beginning in May 2012, has made a significant addition to its already generous list of residency programs. Panama's pensionado program, which allows retirees who can show an income from a pension or Social Security of at least $1,000 per month, is the gold standard of overseas retirement residency options. Now, with what is being referred to as the "Specific Countries" program, this Central American country is opening its doors even wider to citizens of countries deemed "friendly" by the Panamanian government.

Panama is experiencing unprecedented growth. As a result, one of this little country's biggest problems is a limited workforce. This nation of 3.5 million people doesn't have enough educated, trained, qualified, English-speaking labor to go around. Panama has been attracting foreign investors and entrepreneurs, big and small, in ever-growing numbers for the past half-dozen years at least. The country has made it very appealing to do business here, and more foreign businesspeople are taking notice of this fact all the time. Now these business folks are noticing something else — the job market is getting competitive. Salaries are rising, and often, even if you're willing to pay top dollar, you can't find the staff you need for the job you're trying to get done.

The long-term solution is education. Panama must train up her own sons and daughters to continue to fuel the country's growth, and efforts to that end are under way. But that takes time. Where are all the foreign businesses basing themselves here going to get the labor they need today? Panama's President Martinelli recognized that the only possible solution would be to import it.

That's the motivation behind this new residency option. However, you don't have to be in the job market to benefit. Retirees, too, can take advantage of what amounts to one of the easiest foreign residency options available anywhere in the world. All of Panama's other options for foreigners interested in establishing residency in this country take time and require various applications and renewals. As a result, this country's immigration department is overwhelmed. Processes that should take weeks take months, and processes that should take months can take years. The new Specific Countries option cuts through all the red tape.

 
 

Forty-seven countries are currently included on the list, as follows

  • Andorra
  • Argentina
  • Australia
  • Austria
  • Brazil
  • Belgium
  • Canada
  • Chile
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Estonia
  • France
  • Finland
  • Germany
  • Greece
  • Hong Kong
  • Hungary
  • Ireland
  • Israel
  • Japan
  • Latvia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Norway
  • Malta
  • Monaco
  • Montenegro
  • Netherlands
  • New Zealand
  • Poland
  • Portugal
 
  • San Marino
  • Serbia
  • Singapore
  • Slovakia
  • South Africa
  • South Korea
  • Spain
  • Switzerland
  • Sweden
  • Taiwan
  • U.K.
  • United States
  • Uruguay
 
 
 

If you hold a passport to any one of these countries, you, your spouse, your parents, your children under age 18, your children with disabilities, and your children aged 18 to 25 who are single and registered at a university can all claim residency. And this is not temporary residency requiring a series of renewals, as with most visas, but permanent residency immediately.

In addition, you can also qualify for a work permit under this program. This can be an advantage even for "retirees". Some retirees would like to work if given the opportunity, and not all retirees can afford not to work. Panama's pensionado visa specifically restricts holders from taking a job. Qualify for retirement residency in Panama under the new Specific Countries program, however, and you can also get a job if you'd like one.

 

Read the original article

USnews.com

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