VLOG – I own my business in Panama. Can I work on it?

Foreginers are allowed to own a business in Panama (for example, under their name, in an IBC, or a LLC) without having Panamanian Residence or Work Permit.

However, if a foreginer wants to work in his own business, Panamanian laws require him to have a work permit.

See Marcos Kraemer’s explanation in this video.

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Related pages:

• Immigration
• Panama Work Permit
• Business and Corporations in Panama
• Do I need Nominee Directors or Officers in my Panama IBC?