{"id":4470,"date":"2016-05-24T01:57:54","date_gmt":"2016-05-24T05:57:54","guid":{"rendered":"http:\/\/www.escapeartist.com\/?p=4470"},"modified":"2020-05-16T05:13:32","modified_gmt":"2020-05-16T09:13:32","slug":"how-to-get-residency-in-panama-for-free-guaranteed","status":"publish","type":"post","link":"https:\/\/www.escapeartist.com\/blog\/how-to-get-residency-in-panama-for-free-guaranteed\/","title":{"rendered":"How to Get Residency in Panama For Free – Guaranteed!"},"content":{"rendered":"
The most popular foreign residency program in the world is Panama. And, if you hold a passport from a \u201cfavored nation,\u201d Panama\u2019s is one of the easiest visas to get. Now, what if I told you that you can get residency Panama for free?<\/p>\n
First, let\u2019s talk about why you might want residency in Panama.<\/p>\n
If you’re concerned with the state of our State, the fact that spending and deficit are out of control, and believe that the US dollar is heading for a correciton, then you might want an exit plan.<\/p>\n
One of the most important steps in planning an exit is having a place to land. Somewhere that will allow you to live in peace and tax free. Somewhere you already have citizenship or residency.<\/p>\n
If you have $300,000 to spend, or $50,000 to spend and another $550,000 to invest, then you can buy a second passport from a country like St. Lucia or St. Kitts. For more information on second passports, checkout my Top 10 Second Passport Programs<\/a>.<\/p>\n If your budget for an escape package is a bit more conservative, go with residency in Panama rather than citizenship in a foreign country. This will allow you to travel and live in Panama for as long as you like, softening your landing as it were.<\/p>\n A residency visa will also get you access to local banks (something that is very difficult for Americans these days), and allow you to operate a business from Panama, possibly tax free.<\/p>\n