I want to apply for a residency visa that will give me the flexibility to relocate and explore new business opportunities. However, I travel a lot because of my company. I hear Panama is a good option because I don't have to live all the time. Would you recommend this?
Panama is often recommended for frequent travelers seeking residency due to its friendly visa policies, minimal in-country stay requirements, and tax benefits for income earned abroad. The Friendly Nations Visa offers a straightforward path to residency, requiring a visit every two years to maintain status. Plus, Panama's strategic location and high quality of life make it an attractive base.
Panama offers several residency options by granting temporary, provisional, and permanent residency status, for which country visiting requirements to maintain the status are at least once every 2 years, which has resulted in beneficial for some foreigners, while other countries require visiting every 6 months.
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