Migration to panama

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Panama is such an amazing country and surprises everyone who visits. If you are planning on coming to Panama be prepared to be overwhelmed.

LIVING IN REPUBLICA DE PANAMA

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Exotic tropical rainforests, beautiful mountain refuges, Caribbean-style beaches, seven living Indian cultures, a Miami-style capital city, historical sites, golf, diving, rafting, sport fishing, not to mention that 8th wonder of the world and engineering marvel- The Panama Canal. And it's all in a country just 50 miles wide, the size of South Carolina. Panama is safe. Panama has the highest rating for tourist safety from the Pinkerton Intelligence Agency. In a Newsweek magazine article on tourism safely worldwide, Panama received same tourism safety rating as the USA. Foreign residents in Panama will tell you how safe they feel living in Panama compared to any other country in Central America.

Panama has a First World infrastructure. Panama has a first-world infrastructure starting with a safe cosmopolitan Miami- style capital city with high speed internet, first rate hotels, fine dining and beautiful shopping malls. The highway infrastructure, medical care, telecommunications and business services are excellent-comparable to the USA as noted in the ARRP's Modern Maturity magazine. Panama also has the second largest Free Trade Zone in the world and a banking sector with 100 banks.

Panama is close. As part of Central America, Panama is just a short plane ride away. Eight major US cities offer direct daily flights to Panama City: Los Angeles, New York, Newark, Miami, Houston, Dallas, Atlanta and Orlando. Panama is tourist friendly. English is spoken as a second language. The Panamanian people are amongst the friendliest in the world. They are known for their peaceful, get-along and fun loving nature. As a result of the 90 year presence of Americans in the Canal Zone, Panamanians understand and appreciate Americans- thousands have worked with Americans as well as studied in the United States. Panama has the US dollar as its currency. Panama's currency is the US dollar. That's right! What a great convenience. In Panama, there's no need for currency exchange. No need to be a mathematical genius to figure out what that meal just cost or how much to tip the bellboy. Your bank accounts and investments are also all of course in US dollars.

A re y ou l o ok in g f o r a v i s a

f o r P an am a o r t o wo rk i n

P a na má ?

VG SC INVE S TME NT &

L EGA L SE RV ICES i s a

c om p an y w i t h h i g h

s uc ce ss ra te i n m i g ra t i o n

s e rv i ce s , s pe c i a l i z i ng i n

h e l p i n g p e op l e w i t h t h e i r

c om p le te m i g ra t i o n t o

P a na má .

A l l o f ou r m ig ra t i on a g en ts

a re h i g h l y sk i l l e d ,

q u a l i f i ed a nd ex p e r ie nc e d .

W e p rov id e a ho s t o f

s ec o nd a ry se rv ic es a im e d

a t a ss is t i ng o u r c l i en t s t o

re l o ca te t o P an am á .

Th e se i nc lu d e he l p w i t h

f i n d in g h o us e i n Pa n am á ,

re n t i n g an d b uy i n g a

h o us e i n P an am a a nd a

ra n g e o f f i na nc i a l se rv i ce s

t o h e l p m ax im iz e y ou r

a ss e ts a nd i nv es tm e n ts .

I f y o u ' re lo ok i ng f o r a

P a na ma n ia n V is a , ou r

m i g ra t i o n a ge n ts c an o f fe r

y o u a f i r s t c l as s

p ro fe ss io n a l se rv ic e

d u r i n g y o u r m i g ra t i o n t o

P a na má .

Panama has a great variety of world-class attractions all in close proximity.

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We V G S C I N V E S T M E N T &

LE G A L S E R V I C E S , a r e

sp ec i a l i s t s i n A ss e t

P r o t ec t i on , C om m er c i a l

Law s , C o r p o r a t i on s ,

F oun d a t i o ns , P an am a

o f f s ho r e B a nk A c co un t s ,

M i g r a t i on s e r v i c es an d

I nv es t m en t Le g a l A dv i c e .

V G S C I N V E S T M E N T &

LE G A L S E R V I C E S i s a

yo un g a nd r es po ns i b l e f i r m

de d i c a t e d t o p r om o t e l eg a l

an d m i g r a t i o n so l u t i o ns t o

ou r cu s t om er s

O u r f u n dam en t a l ob j e c t i v e

i s t o g i ve c on t i nu ou s ad v i c e

t o ou r c l i en t s an d p r o t e c t

t he i r a ss e t m a ke t h e i r

m on ey w o r t h .

Y ou w i l l f i n d e ve r y

ad va n t a g e , a dv i c e a n d t i p .

O u r g oa l i s t o s e r v e an d

sa t i s f i ed a l l o u r c l i e n t s ’

ne ed s .

Contact :

T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]

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Many Panamanian doctors are speak English and are American-trained. Several hospitals have medical services on a par with US hospitals. Sanitary conditions are excellent- there is almost none of that tourism scrouge- "Montezuma's Revenge". You can even drink the tap water- a rarity in Latin America. An amazing abundance of fresh and inexpensive fruits and vegetables makes healthy living a pleasure. Panama is the best place for nature travel, ecotourism and eco-adventure today.

Panama has the easiest-to-get-to exotic nature in the world. Its position as a narrow land bridge connecting two continents has endowed it with some of the worlds’ most pristine and bio-diverse rainforests in national parks covering 5 million acres. A key indicator of its bio-diversity: Panama has 944 recorded bird species, more than the U.S. and Canada combined. Furthermore, all that great nature is very accessible, with some of the best locations less than an hour from Panama City. There is a local saying that while in other countries you have 20 tourists looking at one bird, in Panama you have one tourist looking at 20 birds

Panama has world-class medical care and a healthy environment.

Panama has a wide selection of beaches and island venues and activities. With two coasts, one thousand islands and Caribbean-style beaches, there is much to choose from for beach vacations from the all-inclusive resorts to exotic island retreats.

Panama is world-class for adventure. International experts rave about river running in Panama which includes rafting, kayaking and motorized river boats. There are rivers in Panama where you can ride 20 sets of rapids in one afternoon. Canyoning, trekking, rapelling and surfing offer similar world-class experiences for the hard and soft adventure seeker.

Panama has world class fishing, diving, snorkeling and sailing. One place in Panama, Pinas Bay, holds 170 world fishing records. There are five world class diving areas: Coiba National Marine Park, the Pearl Islands, Bocas del Toro archipelago, Portobello and for historical diving the Panama Canal.

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P a na ma ha s b ec om e o n e

o f t h e 1 5 be s t wo r l d

d e s t i n a t i o ns fo r

re t i re m en t , on l y r ec e n t l y

ha ve t h e a dv an t ag es o f t h i s

co un t r y be en m a d e po pu l a r

am o ng r e t i r ee s i n N o r t h

A m er i ca a nd E u r o pe :

P an am a ha s l on g b ee n t h e

p r i m e c ho i ce f o r r e t i r ee s ,

sec o nd - ho m e b uy e r s , an d

p r o pe r t y i n ve s t o r s a l i k e .

P an am a w a s t h e w i nn e r f o r

s i x y ea r s i n a r ow o f

I n t e r na t i on a l L i v i n g

m ag az i ne ’ s A nn u a l G l ob a l

R et i r em en t I n d ex . M o de r n

M a t u r i t y , C o nd e N a s t

T r ave l e r , A A R P M aga z i n e

an d M S N . com a l l p r a i se d

P an am a a s t h e be s t p l ac e

t o r e t i r e . T h e N ew Y o r k

T i m es r e ce n t l y com p ar e d

B oq ue t e , P a nam a t o

C a l i f o r n i a ’ s f am ed N ap a

V a l l ey .

B r i t i sh r e se a r ch e r s h av e

r e l e as ed a su r ve y c a l l e d

t he “ H ap py P l a n e t I n de x ” .

T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


Panama is blessed by nature-unlike the rest of her Central American neighbors, Panama has no hurricanes-amazingly it’s in a special climate area that is totally hurricane-proof. It also has no major earthquakes. Your Panama vacation will never be re-scheduled due to natural events. Your property investment will always be safe from hurricanes and earthquakes. Panama is Survivor Country. How exotic and interesting is Panama? 14 countries have filmed their Survivor programs in the islands of Bocas del Toro and the Pearl Islands. CBS's Survivor series for Fall 2003 and Winter 2004 took place in Panama’s Pearl Islands.

Panama Has no Hurricanes nor major destructive earthquakes.

Panama City Nightlife Panama city is inmensely active in regards to nightlife. There are tons of restaurants, bars and clubs where people go out to have a drink, relax, listen to music and dance. You will find that panamanians love to dress well, impress and be impressed when going out. Casinos throughtout the city constantly host events to keep people coming, and they do come.

Concerts, conventions, pro boxing fights, inaugurations, coupled with the great influx of Americans seeking retirement, Colombians, Venezuelans and many other nationalities are increasing the activity at which Panama City celebrates as the never before seen real estate boom is taking the country to economic levels that have not been seen before.

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Du e to i t s g eo g ra ph ic a l

p o s i t i on , t he I s t hm u s o f

P an am a be c am e on e o f t h e

f i r s t f i na nc i a l an d

com m er c i a l C en t e r s o f t h e

A m er i ca s . A n o u t s t an d i n g

se r i e s o f a dv a n t a ge s

i nv i t e s e n t r e p r en eu r s an d

i nve s t o r s t o es t a b l i sh t h e i r

o f f i ce s h e r .

T he P a nam a C a na l , o ne o f

t he m o s t i m p o r t a n t

w a t e r w ays o f t he w o r l d .

A ne t w o r k o f m o de r n

co n t a i ne r po r t s , r a i l r o ad s

an d a i r p o r t s , w h i c h

su pp o r t s a f as t ex ch an ge o f

m e r c ha n d i se f r om a nd t o

t he m o s t i m p o r t an t po r t s o f

t he w o r l d

A F r ee T r ad e Z o ne w i t h a

l a r g e s t o r a ge c a pa c i t y ,

w h i ch a l l ow s r e - e xp o r t o f

m e r c ha n d i se t o La t i n

A m er i ca a nd t he C a r i b be a n

A m od e r n s ys t em o f

t e l ec om m un i ca t i on s an d

co nn ec t i on po i n t s f o r h i g h -

sp ee d , b r o a db an d , op t i c -

f i be r c a b l es , w h i c h

co nn ec t s t he A m er i ca s w i t h

t he w o r l d

For more information about our

services please contact us:

T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


Panama, a city of over 1 million people, it is one of the most important international finance and insurance centers in Latin America, and of course a center for the maritime industry. This fact has also helped Panama become a "tazita de oro" in Central America these days. Panama has become one of the 15 best world destinations for retirement, only recently have the advantages of this country been made popular among retirees in North America and Europe. Panama has long been the prime choice for retirees, second-home buyers, and property investors alike. Today you can still find apartments in sought-after areas of Panama City for $80,000 and live well on $1,200 per month. Panama was the winner for six years in a row of International Living magazine’s Annual Global Retirement Index. Modern Maturity, Conde Nast Traveler, AARP Magazine and MSN.com all praised Panama as the best place to retire. The New York Times recently compared Boquete, Panama to California’s famed Napa Valley. British researchers have released a survey called the “Happy Planet Index”. Designed to measure life satisfaction, life expectancy and ecological footprint, Panama ranked fifth in the world. (For comparison, the U.S. came in at #150, and the U.K. at #108!)

Panama, is one of the most important international finance and insurance centers in Latin America

Clubs don't close until the manager says he is closing and you might find yourself seeing the sunrise as you leave a bar or club. It all takes place in three sectors of the city: The downtown business district, Casco Viejo, the historic Spanish Colonial sector and on Amador Causeway which is connecting four islands in Panama Bay. When in Panama go out and dance the night away anywhere. The Casinos area just behind the Hotels and bank area is an awesome place to hang out and dance and there other new clubs that cutting edge and rival those in New York and Miami so ask around and you'll get the right answer.

Like at any other country stay safe and always obey your instincts.

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L o w c os t o f l a bo r a n d

h e a l th ca re

L a rg e n um be r o f U .S .

t ra i n e d h ea l t hc a re

s p ec ia l i s ts

B i l i n gu a l ass is ta nc e

re a d i l y av a i l a b l e i n

u rb a n c e n te rs .

S u bs tan t i a l d i sc o un ts

i n re s ta u ra n ts , t rav e l

a n d h ea l t hca re f o r a l l

r e t i r e e s

A d o l l a r ec on om y a n d

l o w i n f l a t io n p ro te c t

f i x ed i nc om es

A cc ess t o s ta te s i d e

p u b l i ca t i on s a n d

m e d i a

Re a l es ta te a t p r i ce s

b e l ow tho se o f

s t a tes id e a nd o the r

Ca r i b be a n

d e s t i n a t i o ns

F i n a nc in g by ba nk s

f o r re t i re es w i t h

s ta b l e in co me s

E n g l i s h i s w i d e l y

s p ok en .

L o w c r i me le ve ls

L a rg e ex p a t a n d

i mm i g ra n t

c om mu n i t i es f ro m

th ro u g ho u t t he wo r ld

T (507) 397-3630

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C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

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Even though this is a yearly celebration, an

often asked question even by locals is: "When

is the carnival this year?" That's because the

celebration is always 40 days before the

christian holly week. The most famous of all

towns is Las Tablas in the province of Los

Santos which is also located in the Azuero

peninsula. Panama city, the capital of the

country, and Penonome are also places to

celebrate it in all its glamour.

The celebration is a huge party, yes that's

exactly what it is. In fact it is the most famous

of all parties in Panama.

Carnival in Panama is a celebration that takes place

in just about every town of the country

You might be familiar with carnival of Rio de

Janeiro, and Mardi Gras in New Orleans. Well the

carnival in Panama is also celebrated on the

same dates and it is celebrated in one way or

another by the whole country.

Carnival in Azuero is by far the most exhuberant

and most popular celebration where in Las

Tablas, in particular, two streets in the same

town battle it out to outdo eachother on parades

during the day and night for the 5 days that the

carnival lasts. Calle Arriba (High Street) and Calle

Abajo (Low Street) put out excellent shows with

very expensive thrones and dresses for each of

their queens that rival those in Rio de Janeiro.

This carnival is one you will never forget if you

attend. In Azuero, Chitre, Guarare, and La Villa de

Los Santos are also known for celebrations but

cannot compare to the one in Las Tablas.

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THE P ARA DE

There is a parade with the Queens

rolling by that come through while

people standing on top of the water

trucks spray the water over tons of

people.

MOJADERA

Eighteen-wheelers with water

tanks show up and pump water out

of it to throw it at the crowds

celebrating the parades. This, you

might think, is weird but if you

attend this carnival, you will soon

find out that it is actually nice

because Panama is hot and the

carnival takes place during the

summer.

FRIDAY NIGHT

Friday night kicks off the party with

the formal presentation and

crowning of the queens and a

parade follows.



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C (507) 6713-7306

C (507) 6759-2771

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People throw water at each other which a characteristic of every carnival celebration throughout the country. Eighteen-wheelers with water tanks show up and pump water out of it to throw it at the crowds celebrating the parades. This, you might think, is weird but if you attend this carnival, you will soon find out that it is actually nice because Panama is hot and the carnival takes place during the summer (dry season in Panama takes place in February...yes February!) a good splash of water is very welcomed to beat the heat of the radiant sun.

The Las Tablas carnival days is organized in the following way. Friday night kicks off the party with the formal presentation and crowning of the queens and a parade follows. Everyone is dressed nice and the all attend the parade celebration and the crowning. Following the parade there is a fireworks show which lasts tor about 30 minutes. Afterwards, everyone is free to either hang out at the park or go to various parties organized around town. Drinking is of course allowed on the streets but drunks disturbing the peace are quickly round up by police and locked up until the end of carnival because the government courts are shut down. The party doesn't stop until about 5am.

En Panama City also celebrates the carnival

by closing main arteries of the city for parades

and the traditional "mojadera"

Saturday morning comes with the start of the "mojadera" at 10am. By that time the eighteen wheelers with are lined up around the town's central park and the crowds are already showing up. An occasional short pants, a shirt you might not be wearing again, cheap snickers, sunglasses and a cap or hat is all you need to wear. You don't need to worry about how clean you look after the party because everyone will be wet, maybe dirty from colors people use to color other people's cloths among other things. Dancing, drinking, hanging out while you get wet is mostly what is going to happen all day until 5pm. There is a parade with the Queens rolling by that come through while people standing on top of the water trucks spray the water over tons of people. After 5pm, everyone except the drunks start heading out to go home to change into nice clothes to go have dinner and then go back to the central park to enjoy the night parade, followed by more of what happened on Friday night. This is basically repeated through Tuesday.

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HO TE LS

In Panama City, there are very

many hotels and it might be

easier to find accomodations that

if you decide to go to Las Tablas

or any other city.

P ROP IE TARIO S

No hay restricción en cuanto a la

nacionalidad o el número de

propietarios, pudiendo ser

nacionales o extranjeros.

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C (507) 6713-7306

C (507) 6759-2771

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Friday is the Opening, Saturday is the International Day, Sunday is Pollera day, Monday is costume day, Tuesday is Queens day and on the hours before 5am on sunday is the "entierro de la sardina"(the sardine burial). Well, the question is answer with two short words: Plan ahead. In reality you need to plan ahead well in advance if you want to participate in any of the carnivals. Understand that the whole country is participating and ALL hotels are going to be booked to capacity just like you would expect any city in the world preparing for any carnival. Reserve your hotel months in advance you can stay at a nice one. In Panama City, there are very many hotels and it might be easier to find accomodations that if you decide to go to Las Tablas or any other city. Make friends in Panama and try to go in a group to any of the cities in the country. That will be the best way you will reassure yourself to have a blast while staying safe.

Every carnival day is themed as follows

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Th e Am e r ic an Ass oc i a t i o n

o f Re t i red Pe rs on s

(A A RP ) , a n d vo te d

Nu mb e r O n e

With this as an incentive, as well

as tax breaks, residency

programs and discounts on

airfares and dining; why would

people not opt for retirement in

Panama? The Republic of

Panama has offered a great life

for people who have retired, and

has attracted thousands of

people from the United States. It

was recently voted one of the top

five destinations by the American

Association of Retired Persons

(AARP), and voted Number One

by International Living.



T (507) 397-3630

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C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


More and more people today are choosing to move abroad when they retire, in search for a better and more relaxed life. With an increase in the cost of living, as well as poor social security and pension plans, many people cannot afford to stay in their country of residence, and they opt to move away to a place where they can afford a better way of life. Wont you?

Many places abroad have a cost of living so low, that it is often compared to what prices may have been like about a hundred years ago. With this as an incentive, as well as tax breaks, residency programs and discounts on airfares and dining; why would people not opt for retirement in Panama? The Republic of Panama has offered a great life for people who have retired, and has attracted thousands of people from the United States. It was recently voted one of the top five destinations by the American Association of Retired Persons (AARP), and voted Number One by International Living.

Voted top five destinations by the American Association of Retired Person

People have found that retirement in Panama has offered unbeatable price differences compared to the United States. Medical Services only cost 30% of what they do in America, which is reason alone to move over once retired. As a retired person, you will automatically get a discount on all dental bills, eye exams, doctors’ bills, medicines and hospital services. This can be very important as you start getting older, and will offer you a little bit of added security and take a load off your mind.

There are a great range of incentives offered for retirement in Panama, including some great discounts on entertainment. On weekends, you will receive a 30% discount on hotels, and during the week you will only have to pay half price. You will be able to travel all over the country, and enjoy your retirement with these fantastic offers Panama have for you.

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RE TIREME NT IN PA NAM A

If you decide to make your

retirement in Panama, you will

receive some great discounts

Para obtener más información

acerca de cualquiera de nuestros

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Even visiting banks or any other

public institutions is hassle free,

with separate and shorter lines

for retired people. Prices are

cheaper, and you will be able to

afford things that you may never

have considered before such as

a maid or a gardener to help you

out in and around your home.

With fantastic offers on flights,

holidays, hotel rooms and

events, retirement will be fun and

something for everyone to look

forward to!



T (507) 397-3630

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C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]



In Panamá You will also get discounts on tickets to the movies, sports games and cultural events which you can enjoy throughout the year. Retirement in Panama offers a whole lot of great days out, and activities that you can enjoy with your friends and family. If you decide to make your retirement in Panama, you will receive some great discounts on utility bills and mortgage bills. If you are importing your furniture over from another country, you will be tax exempt for all items to the value of US$10,000. There is also an import tax exemption on your car, as well as on other household goods.

Retirement in Panama offers a whole lot of great days out, and activities that you can enjoy with your friends and family

Panama takes good care of retired people, offering some fantastic discounts and tax exemptions.

Even visiting banks or any other public institutions is hassle free, with separate and shorter lines for retired people. Prices are cheaper, and you will be able to afford things that you may never have considered before such as a maid or a gardener to help you out in and around your home. With fantastic offers on flights, holidays, hotel rooms and events, retirement will be fun and something for everyone to look forward to!

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P ANAMA IS , WHE RE THE

COS T O F L IV ING I S

A FFO RDAB LE

Panama! Safe, beautiful,

accessible. Panama is an

extraordinarily beautiful country

with a marvelously diverse

ecology. Whether you prefer

tropical beaches, open farm

spaces, cool forested highlands,

gated communities or private

coffee estates, Panama has

them all at still affordable prices.



T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


That’s right. Panama. The little country with the big heart where the Panama Canal is, where the cost of living is affordable, infrastructure is US style, health care is excellent (and inexpensive), the political environment is stable and LIVING THE GOOD LIFE is still possible! Panama! Safe, beautiful, accessible. Panama is an extraordinarily beautiful country with a marvelously diverse ecology. Whether you prefer tropical beaches, open farm spaces, cool forested highlands, gated communities or private coffee estates, Panama has them all—at still affordable prices. Modern Maturity Magazine (AARP), Fortune Magazine, the LA Times, International Living and the Wall Street Journal all consistently rank Panama as a leading choice worldwide for retiring baby-boomers and investors. Consider this: •Since the early 20th century Panama has been a true international crossroads. •People from the US, Canada, South America, Europe and Asia are increasingly moving to this multi-cultural country, where diversity is celebrated. •English is the official second language and the currency is the US dollar (though Euros are welcome). •Panama is one of the safest countries in the world with the highest rating for tourist safety from the prestigious Pinkerton Intelligence Agency.

That’s right. Panama. The little country with

the big heart where the Panama Canal is,

where the cost of living is affordable

•Panama City is a modern capital city with international banking facilities, first-rate hotels and restaurants and shopping on a par with the US. Truly a multi-cultural crossroads, Panama City is definitely first world. •Panama is one of the few remaining countries to offer true banking privacy. Your investments are safe and secure here…and private. •Panama has reliable communications and road infrastructure. High speed internet is available in even remote areas. Public transportation—by bus, air or taxi—connects all parts of the country. •International flights arrive and leave daily between the US, Canada, Europe and South America. •Health care facilities are top notch. Health insurance is a fraction of the cost in the US. Prescription drugs are significantly less expensive than in the US. The water is safe to drink. There is no malaria. •Geographically, Panama is the size of South Carolina, but with a population of only 3 million. There is lots of room to grow here…and the expatriate population has been rapidly growing as more and more Americans, Canadians and Europeans have tested the waters and made the decision to invest in and move to Panama.

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Do you want fabulous beachfront property, where the monkeys call out from the jungle, the whales migrate past, and life is muy tranquilo? Or are the green mountains calling your name, so that you can glimpse the rare Royal Quetzal bird while drinking Arabica coffee grown in your own back yard? Like to scuba dive or snorkel through fabulous coral reefs?

If not here…where? If not NOW…when?

Want to climb a sleeping volcano and view the Caribbean and the Pacific Ocean simultaneously? Looking to take life easy or to have a thrilling adventure? Panama has it all…. Let VGSC INVESTMENT & LEGAL SERVICES help you make your dreams come true…live life large. VGSC can help you with the HOW and the WHERE. The only question for you is, WHEN? If not here…where? If not NOW…when?

VGSC INVESTMENT

&

LEGAL SERVICES

P ANAMA IS , WHE RE THE

COS T O F L IV ING IS

A FFO RDAB LE

Panama! Safe, beautiful,

accessible. Panama is an

extraordinarily beautiful country

with a marvelously diverse

ecology. Whether you prefer

tropical beaches, open farm

spaces, cool forested highlands,

gated communities or private

coffee estates, Panama has

them all—at still affordable

prices.

Panama has it all…. Let VGSC

INVESTMENT & LEGAL

SERVICES help you make your

dreams come true…live life

large.



T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


M IG RA TIO N V IS AS

- Retired or Pensioned Program

- Retiree Rentier

- Self Economic Solvency

- Large Business Investor

- Reforestation Investor

- Immediate Passport Program

- Self Economic Solvency Visa

- Agricultural Investor Program

- Tax Free Processing Zone

Investor

- Reforestation Visa (New)


- City of Knowledge Work Visa

- Missionary Visa

- Student Visa

- Multiple Entry and Exit Visa

T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


The Panamanian government created several Panama immigration laws which, depending on the particular type of Panama residency visa applied for, enables foreigners to obtain legal temporary or permanent residency in Panama, Panama work permits, and in some cases, Panama citizenship and / or Panama passports. Most of these Panama immigration laws have been created to promote foreign investment in Panama which benefits the local environment or local economy of Panama. Our Panama immigration law firm specializes in all of the Panama immigration programs and Panama visas. We have listed several of the Panama residency visas as well as other Panama visas such as work visas in Panama. Some of these Panama immigration visa programs offer Panama temporary residency permits, or Panama permanent residency permits, some offer Panama citizenship, and Panama passports and others may not. Some of these Panama immigration programs only offer Panama temporary resident visas, or Panama work permits. Many international investors and companies find excellent opportunities for Panama investments in reforestation, manufacturing plants, assembly plants, distribution facilities for import/export, software creation facilities, call centers, and a variety of other business activities.

Many times, investors find that a Panamanian residency visa is just an "extra benefit" to the Panama investments that they are making. The fact that there are different Panama immigration visas and Panama residency programs suited for investors is an incentive for relocating to Panama and obtaining Panama citizenship and a Panamanian passport. Relocating to Panama and getting Panama legal residency can be easier by using our experienced Panama immigration lawyers.

VGSC INVESTMENT

&

LEGAL SERVICES

Panama Immigration and Panama Residency Visas.

Self economic Visa

Retired Pension Visa

Investor Visa

Reforestation Visa

Student Visa

Worker Visa



- Retiree Rentier








Investor




- Missionary Visa

- Student Visa




T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


Have a second home in Panama, a tropical country where one can peacefully live in Panama, or visit Panama on a part-time basis. - Have a "safe haven" in Panama to escape to in the event of war or any type of political or civil unrest that may threaten ones’ family. - Actually live in Panama permanently, perhaps after retirement and obtain a Panamanian residency visa. - Relocating to Panama to a tropical, stable, safe country where it is very economical to live in comparison with most other developed countries such as the US, Canada, Europe, etc. - Relocate to a more "tax friendly" country where foreign earned income, foreign earned capital gains, and bank interest income are not taxed nor need to be declared. - Relocate to a country where frivolous lawsuits are not recognized by the courts, and one can protect their assets through a corporate structure, without the risks of "piercing the corporate veil". - Relocate to a country where one can do business operations economically, and without heavy restrictions, regulations, or taxes that hinder the growth of the business. - Relocate to a country where real estate is still affordable for purchasing homes in the city or land at the beaches, mountains, lakes, etc. - Relocating to Panama and purchasing a second residence in Panama or taking advantage of the Panama immigration programs, Panama resident visas, and choosing Panama citizenship with a Panamanian passport if you wish.

Panama is a developing nation, but living here means anything but living in the Third World. Panama is full of the comforts and luxuries that many search for overseas but can rarely find in combination with an affordable cost of living. In fact, most people can significantly improve their quality of life by living in Panama, and they do so without having to live in an unsafe country with poor infrastructure. Panama is a surprisingly safe country, where you may actually live safer than you might in large U.S. cities. The developed infrastructure of Panama is astounding to those who arrive anticipating Third-World conditions. Panama City boasts a tremendous skyline of high-rise buildings, including chrome and steel modern office complexes, massive hotels, and enormous apartment buildings. Panama City is an important hub for international banking and commerce, so if you are looking to invest or start a business while living in Panama, you will have plenty of resources at your disposal. Culturally, living in Panama means five-star restaurants, theater, symphonies, ballet, and boutiques. Yes, the infrastructure in Panama is well developed: The telephone service is quite advanced, so international calls are always easy to make; high-speed Internet is widespread; and Panama City's international airport is completely modern, offering daily flights to many international destinations. Panama is so welcoming to foreigners partly because it is already a very diverse society.

VGSC INVESTMENT

&

LEGAL SERVICES

Obtaining a second residency in Panama is useful for those who wish to improve their quality of life



- Retiree Rentier








Investor




- Missionary Visa

- Student Visa




T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


VGSC INVESTMENT & LEGAL SERVICES offers the obtaining a Panama Self Economic Solvency Visa. Law N° 16, of June 30,1960 created this program to offer international investors the opportunity to obtain Panama legal residency, Panama citizenship by making certain Panama investments. Currently, the Panama Self Economic Solvency Visa offers three (3) different Panama investment options to qualify for Panama residency: Panama Investment Option #1: Panama Investment: Invest a minimum of US$300,000 (Three Hundred Thousand US Dollars) in a three (3) year time deposit (or "certificate of deposit" or "CD") at any Panama bank. Stipulations: (1) The Panama bank time deposit (CD) account must be in the personal name of the primary applicant (it may not be in the name of a Panama corporation, Panama foundation, or trust). The interest earned from the Panama bank time deposit (CD), will be deposited monthly into any savings account at the Panama bank that you designate (the Panama savings account may be a personal account, or a corporate account). The interest income is NOT taxed by the Panamanian government, nor is it subject to any tax reporting requirements. Dependents: For each additional dependent that applies for residency under the primary applicant, the primary applicant must prove that he or she has sufficient income to support the general costs of living of each dependent.

Panama Investment Option # 2: Panama Investment: Invest a minimum of US$300,000 (Three Hundred Thousand US Dollars) in titled Panama real property. This must be equity, as mortgages do not count. Stipulations: (1) The titled Panama real property can either be in the personal name of the primary applicant or in the name of a Panama Private Interest Foundation; as long as the primary applicant is either the Founder or a Beneficiary (it may not be in the name of a Panama corporation or trust). (2) The primary applicant must also prove that he or she has sufficient income to support him or herself. Dependents: For each additional dependent that applies for residency under this Panama immigration program, the primary applicant must prove that he or she has enough income to support the living costs of each dependent. Panama Investment Option # 3: The third option is a mixture of a 3-year Panama bank CD with Panama real estate purchases equity (excluding mortgages) with both totaling a minimum of $300,000. Requirements to Qualify for a Self Economic Solvency Visa Foreigners that invest the minimum sum of Three Hundred Thousand dollars ($300,000) in Panama real estate or a Panama bank time deposit or a combination of both will be able to qualify for this visa. If the foreigner has dependents, the applicant needs to invest an additional Two Thousand Dollars ($2,000) for each dependant.

VGSC INVESTMENT

&

LEGAL SERVICES

Panama Self Economic Solvency Visa



- Retiree Rentier








Investor




- Missionary Visa

- Student Visa




T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


VGSC INVESTMENT & LEGAL SERVICES provides retirees and persons with pensions with a Panama Pensioned Visa, also called the Panama Pensionado Visa. The Panama Retired or Pensioned Program allows foreigners to obtain legal residency in Panama under the condition that they are retired or pensioned. According to the Panama Immigration Department, there is no minimum or maximum age required to qualify you only need to provide the requirements documents. The applicants' retirement income (or pension income) must be at least a LIFE TIME US$1,000 per month. Another option is to purchase at least $100,000 in Panama real estate, which reduces the lifetime monthly income to $750. The applicants' income must be proven by providing documentation such as a letter from the institution or company that pays the retirement or pension income. This certification must be notarized and authenticated by the Panamanian Consulate nearest you (or by apostile).

Discounts: As a qualified Panama "pensionado" (retiree), you will be entitled to: - 50% off entertainment anywhere in the country (movies, theatres, concerts, sporting events, etc.) - 30% off bus, boat & train fares - 25% off airline tickets - 50% off hotel stays from Monday through Thursday - 30% off hotel stays from Friday through Sunday - 25% off at restaurants - 15% off at fast food restaurants - 15% off hospital bills (if no insurance applies) - 10% off prescription medicines - 20% off medical consultations - 15% off dental & eye exams - 20% off professional & technical services - 50% off closing costs for home loans - 25% off residential power up to 600 kw - 25% off residential phone service charges - 25% off residential water bills of up to US$30 Tax Exemptions: As a qualified Panama "pensionado" (retiree), you will be entitled to: - A one-time exemption of duties on the importation of household goods up to US$10,000 in total value - 100% duty exemption on the importation or purchase of an automobile.

VGSC INVESTMENT

&

LEGAL SERVICES

Panama Retired or Pensioned Program (Visa Pensionado)

Visa Type Requirements Advantages

Retired or Pensioned Program

(Visa Pension)

Public pension fund

Proof of lifetime pension for minimum of $1000/month + $250/month per dependant

Permanent Residency + large

number of discounts and tax

exemptions

No Citizenship

eligibility

Private pension plan

Proof of lifetime pension for minimum of $1000/month + $250/month per dependant

Retiree Rentier

Provide a 5-year time deposit (CD) at the Banco Nacional de Panama which must earn a minimum of

$2000/month in interest income

Obtain an immediate

Panamanian Passport

No Citizenship or

Permanent Residency eligibility

Self Economic Solvency

Option 1

Min. of $300,000 investment in 3-year time deposit (CD) at a licensed Panamanian Bank + $2000 per

dependant

Obtain a 2 years Temporary

Immigrant Visa

After 2 years you

may obtain a Permanent

Residency Visa

After 5 years you

may obtain a Panamanian

Citizenship and Passport

Option 2

Min. of $300,000 investment in a titled property in Panama + $2000 per dependant

Option 3

Combination of option 1 and 2. The total amount is for $300,000

Large Business Investor Program

Invest a min. of $160,000 in an established or new business in Panama and employ at least 5

Panamanians paying them min. wage + social security benefits + $2000 per dependant

Obtain Permanent Residency Visa after 2 years

After 5 years you



Agricultural Investor

Large business investment of at least $60,000 in a agricultural project + $2000 per dependant

Reforestation

Investor

Large business investment of at least $80,000 in a

reforestation project + $2000 per dependant

Obtain Permanent Residency Visa after 2 years

After 5 years you



VGSC INVESTMENT

&

LEGAL SERVICES

MOST POPULAR MIGRATION VISA


The Panamanian government

has created several laws which,

depending on the particular type

of visa applied for, enable

foreigners to obtain legal

temporary or permanent

residency, work permits and

citizenship and/or passports in

Panama.

Most of these laws have been

created to promote foreign

investment in the country which

benefits the local environment or

local economy of Panama.

People wishing to immigrate to

Panama have several options.

Non-residents can apply for one

of several visas. The following is

intended as a brief summary of

the most popular residency visas

offered to foreigners.



T (507) 397-3630

F (507) 397-3632

C (507) 6713-7306

C (507) 6759-2771

E-MAIL:

[email protected]


Documents

Migration to panama