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© 2019 by Michael Jähne Panama 

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RESTART

Restart in Panama

Why does YOU cast a spell over Panama? What are the main reasons for thousands from Europe and North America to make a fresh start in Panama? Usually it is one of the following facets with which Panama picks you and me up and takes you in as a PEOPLE:

01

PERSONAL FREEDOM AND DEVELOPMENT

NO OVERREGULATION

NO GUARDIANSHIP

NEVER MORE 9to5-JOB

ENJOYING THE FRUITS OF YOUR LABOR FOR YOURSELF

02

POSITIVE

FATALISM

 

THE POLITICAL DEVELOPMENT IN YOUR COUNTRY IS NO LONGER YOUR FIGHT. NOR YOUR FRUSTRATION.

VIVE LA VIDA.

03

HEALTH AND 

WELL-BEEING

NO MORE

 WINTER DEPRESSION

IMPROVEMENT OF

SKIN AILMENTS 

PAIN DISORDERS

& MORE

04

A NEW LIFESTYLE

& LIGHTNESS

 

YOU PROFIT FROM

TWO WORLDS:

THE CHEERFUL LATIN SERENITY AND THE "PLAY THE GAME" OF AMERICANS

The Permanent Residence Permit for Panama under the Friendly Nations Program

This programme was launched in 2012 to attract professionals, investors and wealthy individuals with their families to the country. It is cost-effective and flexible, without having to settle on your place of residence. This programme not only provides permanent residence permits, but also work permits and Panamanian citizenship after five years.

 

The Friendly Nations Program can therefore be the ideal solution for you to make a fresh start, to invest strategically, to start a new place of residence, to start your own business or as a tax residence.

Welcome, New life

When you have arrived in the beautiful country of Panama, not as a guest but as a resident, then take the following steps. With this you set the base for a successful and satisfied life in your new homeland.

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Allow yourself a few days of rest and relaxation in the hotel until the follow up rental stands, even if it is only a rental contract for 3 months.  Get an overview of the rental offers and the vehicle market. Take a look at a few objects. Sign a short-term rental contract - so you stay flexible until you explore the country.

In Panama common platforms are: encuentra24.com and olx.com

For long-term rent or properties to buy contact me here

What does the car market offer? Where will I live for the next 3 months?

Hotel days and networking

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Most short-term rentals are furnished, but you will probably need to apply for your own broadband connection. For example, Cable Onda. Usually takes 2 days and can be terminated before moving in.

Then get to know the surroundings. Where is the best place to shop? Where can I find good doctors and a private hospital? Have the courage to try the Panamanian lunch where the Panamanians eat. Very tasty and inexpensive for 3-4 dollars.

This is your new base for all the following activities

Moving into your first home in Panama

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Since new vehicles in Panama are now financed for up to 7 years, the range of used vehicles is large (see encuentra24.com or olx.com). But beware! Checkbook maintained is a unknown word, also in Spanish. If you are interested in a vehicle, then spend a few dollars and drive with the owner to a garage.

The license plate is only valid for 1 year, after that you pay the car check and taxes and you get a new one with the same number.

Recomendation: 4 x 4 or at least sufficient ground clearance

Car Purchase

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The "Cédula E" is similar to an identity card or ID card. The complete package of my partner law firm includes the application for the Cedula. But you have to go personally to the "Tribunal Electoral".

After a maximum of 3 months in Panama, you have to authenticate your home country driving licence and on this basis obtain a Panamanian driving licence (Consulate, Ministry of Foreign Affairs, Blood Grouping Laboratory, Certracen). Duration 1-2 days.

A lawyer must be employed to obtain a work permit. Duration 3 months

Requirement for everything: your residencia permanente

Cedula, Driving licence, Work permit

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Make a well planned trip around Panama. Or weekly excursions. Or let me show you gated communities where you wouldn't be able to get in otherwise. Here you will find an overview of the different residential areas of Panama.

With pleasure I advise also to the topics "rent or buy", "house or apartment" as well as " buy used or build new ". 

If it doesn't come down to a long-term rent for you, then at this point the note: With a small "change of mindset" you can save more than 50'000.00!

Get to know the country and climate regions

Find your place of residence

 (+507) 670 750 96