{"id":30523,"date":"2020-12-25T09:39:43","date_gmt":"2020-12-25T14:39:43","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=30523"},"modified":"2020-12-25T09:39:43","modified_gmt":"2020-12-25T14:39:43","slug":"one-stop-new-life","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/one-stop-new-life\/","title":{"rendered":"One-Stop To Your New Life!"},"content":{"rendered":"

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My friend\u00a0LIZ LARROQUETTE just put out her new blog post and it is great!<\/p>\n

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I\u2019m not sure if it\u2019s just 2020 or if I\u2019m permanently into wanting to make things really simple. If I can purchase a gift or dinner with a one-stop solution, I\u2019m going to do it. Remember when we thought we all had to go into the office? Every morning we\u2019d put on \u201cprofessional\u201d clothes and pour into elevators that took us to cubicles and offices. Well, that was 2019.<\/p>\n

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Panama boasts some of the best internet on the planet and is one of the reasons people enjoy setting up a tax-friendly business in areas such as Costa del Este or Panama Pacifico.<\/figcaption><\/figure>\n

Today, we may or may not change out of our pajamas and our commute is from the bedroom to the kitchen table. CNN reported pajama sales were up 143% and pant sales have fallen through the floor. Will we ever go back to the routine of getting the kids into the car, a coffee on the way, and the need to ask the office-mate who really irritates you about her weekend?<\/p>\n

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Post pandemic trends are beginning to emerge in Panama including making things easier for foreign nationals to enter Panama, set up businesses, and enjoy robust initiatives encouraging foreign investment. Panama has always had one of the best pensionado programs in the world and now things are being made even easier for ex-pats.<\/p>\n

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A few years ago the Panamanian government established a law that required foreign nationals to hire a Panamanian lawyer to process all the paperwork for becoming a resident. Before that people tried to do it themselves, frustrating federal workers and applicants alike so the law was good but it cost on average about $5,000.<\/p>\n

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A Fast Track Permanent Residency Program<\/b><\/p>\n

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Now that we are spending more time at home, why not make it luxurious with a stunning view from the master bath!<\/figcaption><\/figure>\n

After the pandemic, to stimulate foreign investment and make it more attractive for individuals to move to, invest in, build a business or retire in Panama, the government passed a law that said obtaining permanent residency should be easily obtained by investing in the country.<\/p>\n

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One of the most popular programs offered during this remarkable time has been gaining permanent residency in as little as 30 days with an investment of $300,000 in Panamanian real estate. There are other fast-track residency programs including investing $750,000 in the Panamanian stock market or simply depositing $500,000 in a Panamanian bank. The sweet spot for many has been moving ahead on buying real estate, oftentimes something individuals had been considering for several years.<\/p>\n

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Perfectly Priced Residences<\/b><\/p>\n

There are one- and two-bedroom residences in the upscale tower of Casa Bonita, located just over the Bridge of Americas in Veracruz, which are priced around $300,000. If you have ever considered diversifying your financial portfolio to include foreign real estate, now is the time!\u00a0https:\/\/www.lizlarroquette.com\/casa-bonita-property\/<\/a><\/p>\n

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Why now? There are several reasons including:<\/p>\n