Living & Investing

The third line of the Panama Metro, a crucial project for the western part of the country, is now halfway done, as reported by the project administration.

The Tocumen International Airport is the largest airport in Panama with 31 airlines; 15 cargo airlines and 17 passenger airlines. The Airport had registered the transit of 1,503,860 passengers in November, reaching a total of 16.2 million passengers processed for the year 2023. According to the general manager of the Tocumen air terminal, Raffoul Arab, […]

Having a living will and testament is like having a safety net. You might never use it, but it’s there, chilling in the background just in case life throws a curveball your way.

A total of 6,514 new businesses emerged in the Capital District as of March 2021, following the easing of COVID-19 pandemic restrictions, as reported by the Municipal Treasury of Panama.

Most of the biggest banks in Panama require clients to be either citizens or residents of the country (or in the process of obtaining residency in Panama) in order to open a bank account.

There are 11 different ways for foreigners to obtain work permits in Panama. Each option serves specific purposes and caters to various employment scenarios.

The adviser to the Ministry of Economy and Finance (MEF) reported that the country has experienced a notable recovery, far exceeding the rest of the region, for which reason they anticipate that 2023 will have solid growth.

Panama is an appealing destination for living and conducting business, offering a secure environment, favorable tax policies, stable infrastructure, and a thriving international community.

The National Migration Service (SNM) reported that during the “2022-2023 Cruise Season” they have served over 400,000 people between passengers and crew, who arrived in Panamanian waters on 67 cruise ships.

Panama offers different types of immigration residency visa programs, from temporary or permanent residency permits to full citizenship and Panama passports.