Bilateral Treaty for Italians

This permanent residency option allows foreigners from Italy, to obtain legal permanent residency in Panama, under the condition that they are going to undertake in economic or professional activities of any type in the Republic of Panama.

Procedures to Apply for Residency:
1. Have complied with one of the methodologies to prove his/her above mentioned economic or investment activity.
2. A visit to Panama is required for your Passport Registration at the Immigration Office. You will also sign the Special Power of Attorney       for our law firm to handle your immigration paperwork and to start the processing of the Permanent Visa. (For the visit to immigration           you cannot wear shorts, sandals, or sleeveless shirts).
3. Provide all required original authenticated documents.
4. Our law firm submits your application for your permanent residency.
5. Next Day after Application, we will coordinate a trip with the applicant to the immigration offices to obtain six (6) month temporary                residency ID, so applicant has during the remainder of the residency application process.
6. After filing the application, within approximately six (6) months, the Immigration Department will issue the final resolution approving your      two (2) year temporary residency. We will notify you by e-mail, so that we can proceed and coordinate to obtain the indefinite residence      card.

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Note: For the accomplishment of the previous steps, we require that applicant and any dependent, schedule to be in Panama City, for at least five (05) business (05) days to accomplish the registration at immigration, application of residency and six (6) month temporary residency ID, so that you can leave the country under your new immigration status.

Required Documents (for Immigration processing):
1. Photocopy of complete valid passport of the applicant (and dependents - if applicable), including the picture page (that shows the                picture, name, date of birth, passport number, place of issue, etc.), and all other pages, including the stamp on entry into the country.         This should be provided after the Passport Registration is registered at the Immigration Office in Panama. Please note that the passport     must be valid for at least 6 months from the date of the immigration application. These photocopies can be made in our office.
2. Six (6) passport sized photographs of the applicant (and dependents - if applicable).
3. Certificate of Good Health, issued by a licensed Panamanian hospital or clinic, signed by a registered, licensed physician, indicating          that the applicant (and dependents - if applicable) has no contagious diseases and is in good mental and physical condition. We can          assist you in obtaining this document during your stay in Panama.
4. Proof of Financial Solvency:
    a. Bank Reference Letter: showing an amount of at least four mid-figures ($5,000.00 plus) in the bank account. The bank reference                letter must be issued by a bank licensed to operate in the Republic of Panama.
5. Documentation showing the reason for requiring a permanent residency in Panama based on economic activity or profession.

    a. Through a Panamanian Corporation:
        A. Copy of Public Registry Certificate showing that the applicant is President of a Panamanian Corporation
        B. Copies of the Shares of Same Corporation showing that the Police record from the country of last two (2) years of residency, for                  main applicant and any dependent over 18 years old.

6. Police record from the country of last two (2) years of residency, for main applicant and any dependent over 18 years old. The police          report must contain the following premises in order to have validity at moment of application:
    a. This police report cannot be older than six (6) months at the moment of application.
    b. If you are a U.S. Citizen this must be a document issued by the Federal Bureau of Investigation (F.B.I.) and for Canadians it must be          a fingerprinted R.C.M.P. report.
    c. If the applicant leaves Panama and returns home to their country, before the application is submitted, but after the police report has            been issued, then said Police Report loses validity for immigration purposes and a new one must be obtained.
    d. The Police Report must be authenticated by Panamanian Consulate in the country of its issuance or duly apostilled in the country of            its issuance of said police report.

7. Necessary documentation for the proof of dependents:

    a. For Spouses: Marriage certificate cannot have more than six (6) months of having been issued.
    b. For Children: Birth Certificate. For children between 18 - 25 years of age they will also need proof that they are enrolled, full time, in            a University in the Republic of Panama or outside of Panama.
    c. For Parents: Birth Certificate of the Applicants (for children under 18 years - if applicable). These documents must be authenticated            by the Panamanian Consulate in their country of issuance or duly apostilled in their country of issuance.

*Note: For these documents to be valid at the time of filing, they must be authenticated by the Panamanian Consulate in their country of issuance or duly apostilled in their country of issuance. 

8. Copy of second Identification (Driver’s License or Country ID).