ARTICLES
The 5 best places to retire in Panama
Panama stands out among the world’s expat and retiree destinations. This country offers solid infrastructure, modern amenities, beautiful landscapes and enjoyable tropical weather. Panama is a regular favorite in International Living’s Annual Global Retirement Index…
VLOG – Can I Drive in Panama with my Foreign Driver’s License?
Some clients applying for residency programs in Panama wonder whether they are allowed to drive in Panama with their foreign driver’s license. As tourists, they are allowed to drive in Panama with their foreign driver’s…
Advantages of Living in Panama
Panama welcomes thousands of tourists every year, who come to visit the Panama Canal, enjoy the beaches, or explore the highlands. This Central American country is also internationally recognized as one of the easiest places…
VLOG-Do I need $2000 Extra in the Bank Account for each dependent?
Many clients have the misconception of requiring US $2,000 extra when filling for residency for each dependent. For Friendly Nations Visa, the applicant only needs $5000 in the bank account regardless of the number of…
What can go wrong: Panama Residency Process
Panama is recognized as one of the most attractive places to immigrate thanks to its hospitality, modern infrastructure, and economic growth. Besides, the country offers many immigration programs for those pursuing permanent residency. Among the…
VLOG- Can I visit Panama with a One-Way Ticket?
Clients who are in the process of getting permanent residency in Panama wonder if they can visit the country with a one-way airplane ticket. Whether a person is in a residency process or not, any…
How To File Personal Income Taxes in Panama
Filing taxes for the first time in a foreign country can be confusing, especially if you are not familiar with their system or the language. With the video and instructions below, you can follow the…
VLOG – Can I be the Sole Member of a Panamanian Corporation?
The structure of a corporation in Panama consists of dignitaries, board of directors with at least three persons, and shareholders. However, many people ask whether one person can be the sole dignitary, director, and shareholder…
VLOG – Is my Foreign Will Valid in Panama?
Many clients ask if a will from abroad will be valid in Panama. The answer is YES, as long it fulfills the requirements established by Panamanian law. In general, every testament must identify those who…
VLOG – Are our fees all inclusive?
During the residency process, many clients ask if in Panama the legal fees, costs, and expenses are all inclusive, and the answer is YES. Kraemer & Kraemer also offers services for work permit, eCedula, citizenship,…
