Nomad Capitalist Audio Experience

Start a Company in Panama, Get a Residence Permit

4 snips
Jul 14, 2025
Javier Correa, known as the Tax Terminator, shares his expertise on the benefits of starting a company in Panama. He details how establishing a business can lead to advantageous immigration pathways and offers insights into various residency options. Javier also uncovers lesser-known strategies, such as employing Panamanians to qualify for residency. This engaging conversation highlights the unique advantages of Panamanian companies for asset protection and tax optimization, making it a compelling option for entrepreneurs.
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INSIGHT

Panama's Unique Business-Residence Combo

  • Panama offers a rare combination of starting a company and obtaining a residence permit through it.
  • Its territorial tax system ensures foreign income remains largely untaxed whether the company is onshore or offshore.
ADVICE

Friendly Nations Visa Route

  • Friendly nation passport holders can start a company, hire themselves, and get a Friendly Nations Visa.
  • This permits two-year temporary residence, leading to permanent residence and eventual naturalization.
ADVICE

Marrakesh Agreement for Non-Friendly Nations

  • Nationals from non-friendly nations can use the Marrakesh Agreement by hiring at least one Panamanian.
  • The permit renews annually for up to six years but lacks a path to permanent residence.
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