Legal Question in Immigration Law in Panama

visa

Hi: We are looking at purchasing a property in panama. We have 4 investors age 73 male retired, 56 femail semi retired, 44 male working,45 female working. Our hope is to plan our retirement for a 6 month stay in oaname over the winter months of our retirement and would be spending a limited amount of time over the next 10-20 years. ca we all go under the person of means visa under the same $200.000us dollars?


Asked on 5/15/07, 1:48 pm

2 Answers from Attorneys

gisela martinez Panama Legal

Re: visa

The only people that can come in on a visa program other than the main applicant would be the spouse and children of the applicant. This would require birth certificates and marriage licenses.

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Answered on 5/15/07, 2:00 pm
Ariel Perez Rojas Perez-Carrera & Co.

Re: visa

Dear Sirs

Regarding to your question, the only people that can come in on a visa program other than the main applicant would be the spouse and childrens of the applicant. In your case, if the other two persons of 44 and 45 which are working can apply to a visa of economic solvency, where they have a time deposit of US$200,000.00 in a bank account in Panama for at least 5 years, and the main visa holder can have a dependant, in this case his wife or childrens.

On the other hand the person of 73 and 56 can apply for a retirement visa.

if you have further question please contact us.

regards,

LLM. Ariel Perez

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Answered on 5/15/07, 6:27 pm


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