Step-by-Step Guide to the Friendly Nations Visa in Panama Through Business Incorporation Process
Step-by-Step Guide to the Friendly Nations Visa in Panama Through Business Incorporation Process.
Email Template, and Attorney/Expeditor Contacts
🛠️ Friendly Nations Visa via Business Incorporation (Family of Four)
This path works by creating economic ties through a Panamanian company. Here’s how it typically flows:
Step 1 — Pre-Arrival Preparation
Gather documents:
Passports (valid 6+ months)
Criminal background check (FBI or state police report for U.S., apostilled)
Marriage certificate (apostilled)
Birth certificates for children (apostilled)
Translate documents into Spanish (in Panama, official translators).
Engage a Panamanian lawyer/expeditor to incorporate your company before arrival.
Step 2 — Company Incorporation
Register a Panamanian corporation (S.A.) or limited liability company (SRL).
Appoint yourself (and optionally your wife) as shareholders and directors.
Assign a Panamanian registered agent (mandatory).
Obtain a RUC (tax ID) and register at the Public Registry.
Open a Panama bank account in the company’s name (lawyer usually helps).
Issue an employment contract between your company and yourself. This contract shows your “economic tie.”
Step 3 — Visa Application (Trip 1)
File the Friendly Nations Visa application with your lawyer.
Submit all family documents + business incorporation proof + employment contract.
Pay government filing fees, national migration fees, and multiple-entry visa fees.
Receive a temporary residency card valid for the processing period (usually 6 months).
Step 4 — Provisional Residency (Trip 2)
After ~2–6 months, return to Panama to collect your 2-year provisional residency card.
Dependents (wife, daughters ages 15 & 11) are added under your application.
Step 5 — Permanent Residency & Cedula (Trip 3)
After completing the 2-year provisional period, apply for permanent residency.
Once approved, you can also request your E-Cedula (national ID).
Family members receive permanent residency under your file.
đź’µ Typical Cost Categories (Business Route)
Government filing fees (applicant + dependents)
Migration Service fees (provisional, permanent, cedula)
Multiple entry visa (while pending)
Notary + translations
Apostille/legalization of foreign docs
Criminal record authentication
Medical exam fee
Business incorporation (company registration, public registry, resident agent, annual franchise tax ~$300, annual agent fee ~$300–500)
Lawyer/expeditor fees (varies widely: $3,500–$10,000 family + company setup)
đź“© Email to Attorneys/Expeditors
Subject: Request for Full Cost Breakdown — Friendly Nations Visa (Business Incorporation + Family of Four)
Dear [Law Firm / Service Provider Name],
I am planning to apply for the Friendly Nations Visa through business incorporation for List your name and whomever you are bringing.
Could you please provide a complete and itemized breakdown of all costs involved in this process, visa plus business setup and include your legal service fees (clearly separated per applicant and for the business)?
We understand the following expenses may apply:
Government filing fees (main applicant, spouse, dependents)
Migration Service fees (residency cards, provisional residency, permanent residency)
Multiple-entry visa fee (during processing)
Notary + translation + apostille costs
Criminal record authentication
Medical exam fees
Cedula issuance
Business incorporation (company registration, public registry, resident agent, annual franchise tax, maintenance fees)
Your legal service fees: [please specify for main applicant, spouse, dependents, and business setup]
We also understand the process typically requires three trips to Panama (initial filing, provisional residency collection, and permanent residency/cedula). Please confirm if this is accurate or if there are streamlined options.
Additionally, could you provide:
The total estimated cost for my family of four including business setup.
Your fee structure by applicant and for the business incorporation.
The estimated timeline from application to provisional residency and then to permanent residency.
Any recommendations for families with minor children who also plan to open a business.
Thank you in advance for your detailed response.
Best regards,
Need Help with any of this contact us WWW.CPRFIRM.COM
Kellen Coleman
📧 [email protected]
📱 9253675478
đź“Ś Contact Sheet Attorneys & Expeditors
Panama Legal Center
Email: [email protected]
WhatsApp: +507 6404-0388
Website: panamalegalcenter.com
Abel GĂłmez Tomiczek Law Firm
Phone: +507 6980-0688 (WhatsApp)
Website: gomitom.com
PGS Attorneys
Website: panamags.com
Kraemer & Kraemer
Website: kraemerlaw.com
B&A Law Firm
Email: [email protected]
Website: ba-lawfirm.com
International Relocation Firm (ReloFirm)
Email: [email protected]
Phone: +507 6983-5114
Website: relofirm.com
Miranda & Contreras
Website: mirandacontreras.com
Wolff & Bauer
Website: wolffbauer.com
Business Panama Group
Email: [email protected]
Phone: +507 227-6645
Website: businesspanama.com
Need Services Contact [email protected] 925 367.5478