WE ASSIST ITALIANS, TO OBTAIN PANAMA RESIDENCY
The Panama-Italy Treaty Visa (Treaty of Friendship, Commerce, and Navigation) was established in 1966, and it provides Italian citizens a direct path to permanent residency in Panama. To obtain Panama-Italy visa, it requires that Italian citizens provide financial solvency (e.g., minimum bank balance) and demonstrate business ties with Panama through a business, employment, or investment. This treaty enables Italian nationals to secure permanent residency in Panama without the need for investing in Panama. The purpose of this visa treaty is to promote economic and professional activities of Italians in Panama.
To qualify for the Panama-Italy Visa, Italian citizens must have a bank account in Panama with a minimum balance of $5,000. This requirement ensures financial stability during Italian citizens living in Panama. At Panama Legal Center, our attorneys assist Italian citizens to open bank account in Panama, ensuring a smooth and easy immigration visa process.
How to Obtain Panama-Italy Visa?
In order to apply and obtain Panama-Italy visa, Italian citizens must provide the following three (3) documents;
✔ Employment: Italian citizens must comply with the Panama immigration laws and provide financial ties via employment such as working for a Panama company or setting up their own business.
✔ Bank Account: Italian citizens must present a bank confirmation letter from a Panamanian bank showing an amount greater than USD 5,000.
✔ Police Record: Apostilled clean police record is requirement from Italian citizens
We Assist Italians to Open Bank Account & Establish a Company in Panama
BENEFITS OF PANAMA-ITALY VISA
Easy Permanent Residency Process
The Panama Italy Visa offers a straightforward path to permanent residency without the need for extensive investments. Italian passport holders and their dependents are also eligible to obtain permanent residency under Panama-Italy treaty.
No Investment Required
Unlike the Friendly Nations Visa, where you must invest in Panama, the Panama Italy Visa doesn’t require any investment. However, Italian citizens are required to show minimum of $5,000. in their bank account in Panama.
No Work Permit Required
Italian citizens do not need to apply for work permit and can-do business in Panama with Panama-Italy visa.
Tropical Climate
Italians can enjoy tropical climate of Panama all Year Round.
Cost of Living
Panama has much lower cost of living than Italy.
WHO IS ELIGIBLE?
The Panama Italy Treaty Visa is very unique and designed for Italian citizens who wish to relocate to Panama. Italians are required to show proof of financial solvency and to submit a personal history affidavit and a business proposal detailing their intended business activities in Panama. Italian applicants might form a Panamanian corporation to show their business activities.
Panama-Italy Visa Requirements
In order to apply for this visa, it is required that Italian citizens hold a valid passport and identification card. In addition, Italians must provide the following documents:
- Notarized power of attorneys
- Certificate of good health
- Apostilled Police Background check
- Five (5) passport size photos
- Panama company ownership & activities
- Bank account with a balance more than USD $5,000,
- Declaration of personal data
- Proof of Domicile
The Panama Italy visa has many benefits for Italian citizens. For instance, the applicant’s spouse and dependents do not have to be Italian citizens to be included in the visa application. This process also provides a path to obtain Panamanian ID card (cedula).
IF YOU ARE A CITIZEN OF ITALY, GET IN TOUCH WITH OUR TRUSTED ATTORNEYS TO OBTAIN YOUR RESIDENCY IN PANAMA
EMAIL: CUSTOMER@PANAMALEGALCENTER.COM
WHATSAPP: +(507) 6404-0388