Panama introduced four new residency by investment options (and kept its most popular residency routes)

Sovereign Confidential

Alert

As we wrap up a tumultuous 2020, this year should present you a few lasting lessons…

Among these: Government policies can change. Quickly. (Note: Not a new lesson for us; we’ve written about this for years.)

Borders within Europe, open and free to fellow Europeans for decades, abruptly shut. Tourists were no longer welcome in many countries around the world.

And it wasn’t just travel that closed this year. Opportunities did as well.

But if you had a foreign residency or second citizenship, you had a prized ticket. You could punch that ticket, and off you went to a more peaceful, relaxing place for a few months. And once there, your local spending helped to keep the economy afloat.

With economies ravaged, more countries are realizing that it’s wise to lure more productive individuals to their shores. Panama is one example. Already with over 50 ways to obtain residency, Panama recently introduced four new residency by investment options. (The popular pensionado and Friendly Nations visas still stand.)

In this SMC Alert, we’ll first review Panama’s Pensionado and Friendly Nations visas. And if you don’t qualify for either of these, we’ll discuss your four brand new residency by investment options in the beautiful country of Panama.

As we wrap up a tumultuous 2020, this year should present you a few lasting lessons… Among these: Government policies can change. Quickly. (Note: Not a new lesson for us; we’ve written about this for years.) Borders within Europe, open and free to fellow Europeans for decades, abruptly shut. Tourists were no longer welcome in…

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