Panama has different residency application options. If eligible, applying for a permanent rather than a temporary residency option is preferable if the applicant has a long-term residency and investment interest in the country.
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How can I move to Panama and obtain the permanent residency?
Is it more convenient to start living in Panama through the Business Investors Visa valid and then apply for permanent residency? Or is it better to get the permanent residency application started from the beginning?
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