Future Projections for the Expat Community in Panama

 Future Projections for the Expat Community in Panama



https://theagencyrepanama.com/

https://theagencyrepanama.com/future-projections-for-the-expat-community-in-panama/


Panama recently rolled out a short-term work visa specifically to attract digital nomads. The visa is available for nine months and costs $300 on the condition that you earn at least $3000 US weekly to qualify.

A few years ago, they introduced a “Golden Visa” program that allows individuals with a high net worth to become citizens by investing at least $300,000 in Panamanian property and applying for citizenship five years later. The $300,000 threshold is much higher than other countries.

Combined with the short-term visa opportunity, it gives Panama a competitive edge in attracting digital nomads and other entrepreneurs who can help grow Panama’s economy. Another thing that works in Panama’s favor is that they don’t tax income earned abroad.


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