Migrating to Panama From a Country in Economic Crisis and Political Turmoil

Recent political and economic instability in countries like South Africa, Chile, and France, have forced their citizens to consider the difficult option of migrating to more stable and business-minded countries, such as Panama. When this is the case, it is fundamental to have the proper legal guidance from day one, in order to adequately structure all aspects of your migration, regarding residency and work permits, real estate, asset management, business opportunities, and special protections to foreigners.

Why Panama?

  • Social and political stability, product of its democratic and representative government
  • Use of the US Dollar, a stable currency
  • Solid banking institutions, granting confidentiality protection to bank accounts and transactions
  • Investment opportunities in several fields, such as tourism, services, construction and real estate
  • A swift legal process for obtaining the permanent residency guaranteed for nationals from countries such as South Africa, Chile and France
  • Special migration permits for retirees, including those from countries as South Africa, Chile and France
  • Legislation protecting foreign investment
  • Attractive real estate market, with a wide range of options for every budget and needs

At Bufete Illueca we are fully aware that one of the consequences of living under unstable and uncertain conditions causes distrust in legal systems and institutions, no matter where they are. For such reason, it is even more important to work with recognized lawyers and law firms, with ample experience in migration, corporations, tax obligations, and even human rights.

Our specialized team of attorneys at Bufete Illueca are fully prepared to answer all your questions regarding your migration to Panama.

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