As the digital nomad lifestyle becomes increasingly popular, more and more countries are recognizing the economic benefits of attracting remote workers. Panama is one such country that has recently launched a Digital Nomad Visa to encourage remote workers to live and work in the country.
The Panama Digital Nomad Visa allows foreign nationals to reside in Panama for up to 18 months while working remotely for a company located outside of Panama. This visa is a great option for those who wish to live in a tropical paradise while still maintaining their job and income from abroad.
To shed some light on this new visa option, we spoke to a Panamanian immigration lawyer who explained the details of the Panama Digital Nomad Visa in English.
According to the lawyer, the process of obtaining the Panama Digital Nomad Visa is relatively simple. Applicants must provide proof of their remote job, such as a letter from their employer stating their position, salary, and duties. They must also show proof of income of at least $4,000 per month for the duration of their stay in Panama.
In addition, applicants must have medical insurance that covers them while in Panama and must not have any criminal record. The visa application fee is $250, and the visa is valid for up to 18 months, with the option to renew for an additional 18 months.
One of the main advantages of the Panama Digital Nomad Visa is that it allows for a quick and easy relocation to Panama. With a low cost of living, beautiful scenery, and a well-developed infrastructure, Panama is an attractive destination for remote workers looking to combine work with travel.
Furthermore, as a hub for international business and commerce, Panama offers a range of amenities and services that cater to expats and digital nomads. English is widely spoken, and Panama City has a modern business district with plenty of coworking spaces and cafes for remote workers to set up shop.
Overall, the Panama Digital Nomad Visa provides an excellent opportunity for remote workers to experience the best of both worlds – a tropical paradise and a stable work environment. With the help of experienced immigration lawyers, navigating the visa process can be a smooth and hassle-free experience.
For those considering a move to Panama as a digital nomad, the Panama Digital Nomad Visa is definitely worth exploring. With its ease of application, flexibility, and attractive benefits, it is a great option for those looking to live and work in paradise while still maintaining their job abroad.
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