IF YOU ARE AN ITALIAN CITIZEN, YOU CAN EASILY BECOME RESIDENT OF PANAMA
The residency visa for Italian citizens was created by a treaty in 1966. This treaty is called the Friendship, Business, and Navigation treaty and exclusively designed for Italians. Panama Italy visa treaty is between the Republic of Panama and Italy. The objective of this special visa treaty is to encourage Italians to establish residency in Panama by way of economic and professional activities.
Panama Italy Visa Requirements
Valid Italian Passport & ID card is a must. In addition, the Italian applicant must supply the following documents:
- Police Background check.
- Applicant’s economic activities in Panama ( Panama Company ).
- Panamanian bank account with a balance more than USD $5,000,
- Proof of economic ties with Panama, in the form of a corporation, ownership of a titled property, or a job offer.
- If the applicant has dependents, the applicant must provide his relationship with dependent such as as certificate of marriage for wife, or a certificate of birth for child.
- Proof of address – applicant and dependent must live in the same address.
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 application. This process also provides a path to obtaining Panamanian ID card (cedula).
ADVANTAGES & BENEFITS OF PANAMA ITALY VISA
Easy Permanent Residency
The Panama Italy Visa offers a straightforward path to permanent residency without the need for extensive investments or a provisional period. Italian passport holders and their dependents, regardless of nationality, can obtain permanent residency.
No Investment Needed
Unlike the Friendly Nations Visa, where you must invest in Panama, the Panama Italy Visa doesn’t require any investment. Italian citizens need to show that have $5,000. in their Panamanian bank account. Panama Italy visa is one of the most affordable visa options in Panama.
NO WORK PERMIT IS REQUIRED FOR ITALIAN CITIZENS
YES, WE CAN ASSIST YOU TO OPEN A BANK ACCOUNT AND COMPANY IN PANAMA
Bank Account in Panama is Required
To qualify for the Panama Italy Visa, applicants must have a Panamanian bank account with a minimum balance of $5,000. This requirement ensures financial stability during Italian citizens reside in Panama. The flexibility of this visa is evident here, as it doesn’t mandate substantial investments.
Our team can assist you to openi a Panamanian bank account for you, ensuring a smooth and easy process.
NOTE: YOUR POLICE REPORT MUST BE APOSTILED BEFORE SENDING IT TO US TO PROCEED WITH YOUR VISA APPLICATION.