Colon Free Zone Visas:

Colon Free Zone Executive

 Immigrant Visa Program

NOTE:  Panama continues to make significant changes to the Immigration Visa framework, laws and regulations.  These changes are often made without advance notice.  Please contact us for up to date information.

Who Qualifies?:

     Colon Free Zone (CFZ) Executives, their spouses and their dependents (children under 18).

Requirements:

     The individual must be an executive or investor  in a business operating in Panama's Colon Free Zone (CFZ).  The business can be an existing, ongoing operation, or a new start-up.  The business must be recognized and certified by the Government of Panama as operating or preparing to operate in the CFZ.

Benefits:

     Panama offers significant tax incentives for businesses operating in the CFZ.  Panama is a good place to do business, and an excellent location for conducting international business.  Panama's economy is on the upswing after a three-year recession.

Drawbacks:

     There is a good deal of paperwork and documentation required.  Getting the necessary paperwork and documentation authenticated (via apostil or Panamanian consul) for the provisional visa application is onerous.  All documents must be in order before submission to the Panamanian government.  Most documents from abroad require an apostil, or a certification from the Panamanian consulate.  The Panamanian government is sometimes slow in processing the applications and granting the provisional visas.

An Overview of the Process:

     We will provide you with a checklist of all required documentation* for processing the visas, as well a specific power of attorney authorizing us to process your visas.  We will also provide you with a standard letter of responsibility, wherein you take financial responsibility for your spouse and dependents (if applicable).  You must procure all required, authenticated documentation, and send it to us, along with the signed power of attorney.  We'll take care of the rest.

     The provisional visa process will require at least one face-to-face visit with the Panamanian immigration authorities by the CFZ executive, spouse and dependents (if any), as well as an examination by a licensed Panamanian doctor.  Additional meetings with the immigration department may be required.  We will accompany you, of course, to all meetings.

Our Services:

     We provide executive and investor immigrant visa services to a wide variety of clients, often for those who also use us to set up corporations and foundations.  Our fee for processing, submitting and overseeing the entire provisional (good for one year) executive visa process (including review of all documents, preparation, submission, follow up and follow through, etc.) is US$1,450.00 for the executive, US$400.00 for the spouse, and US$200.00 for each dependent.  Our prices do not include the Immigration Service application fee of US$100.00 per applicant.

     Our fees include all legal fees, Notary affidavits, Panamanian physician exam fees and the blood test fees per applicant,  Panamanian police record for executive and spouse, certified translations into Spanish of submitted documentation, carnet fees, and government stamp tax. Our price is complete (no hidden charges) and includes:

1. Provision of complete checklist of documents required, along with detailed instructions and orientation to executives.
2. Provision of specific Power of Attorney for signature by executive (and spouse and dependents, if applicable).
3. Provision of Letter of Responsibility (if applicable) for signature by executive.
4. Reception and review of all required documents submitted to us by executive.
5. Presentation of executive visa immigration application and documentation to Panamanian immigration authorities.
6. All legal fees.
7. Provision of licensed Panamanian doctor and laboratory for physical exam and HIV test.
8. Inclusion of good health certification and HIV test with visa application.
9. Panamanian police record.
10. Panamanian Notary Certifications.
11. All required certified translations.
12. All government stamps and seals (timbres fiscales) and carnet issuance fees.
13. Accompany executive and spouse and dependents (if any) to meetings with immigration authorities.
14. The reception of the provisional executive visas (good for one year, renewable thereafter).

     * Click here for the detailed checklist and online form to be filled out for processing your Colon Free Zone immigration visa.

[ Up ] [ Colon Free Zone Executive Visa Form ]