The Mundo team is interested in financial freedom and in helping people set out the tools and strategies to achieve it. In a business world that is wide and complex, especially in the interconnected world of the digital era, more creative combinations are needed to achieve the desired results. Today Mundo has picked our favorite country when it comes to second residency, a place where you can submit a permanent resident application through investment and become a legal resident: Panama. This is also the country with one of the most advanced retirement programs in the world. For Panama, 2024 was a successful year when it comes to residency applications and approvals, yet we thought it would be interesting to know how each program performed separately. When the Friendly Nations Visa was created, it was one of the most innovative of its kind. We're talking about a program that didn't require any investment and that offered immediate permanent residency to the lucky citizens of approximately 50 stipulated countries. But things have changed since that day. At the moment of writing, the Friendly Nations Visa accepts residency applications but grants temporary residency. Nonetheless, the essence of the program remains the same: applicants must be from one of the friendly countries and they must prove having financial ties to Panama. In 2021, major amendments were made to the program. One is the removal of the permanent residency application, changing it for a 2-year period. Another change was reflected in another option to prove financial connections. Before, you could prove your financial ties by owning a company, but now you need either a fixed deposit, a real estate investment, or a job contract.

Panama is not just a beautiful country with a warm climate and excellent living conditions—it is also one of the best places if you are looking for a new home abroad. With its investor-friendly policies and straightforward residency programs, Panama has become a top choice for individuals wondering how to get permanent residency through investment. For those wondering how to get permanent residency in Panama, it's essential to understand that the only program offering this status directly is the Qualified Investor Visa. This program is ideal for individuals who wish to establish a new home or business in Panama. With a simple and efficient application process, it allows investors to secure a permanent resident card relatively fast. To qualify, an individual must invest at least $300,000 in Panamanian real estate. Alternative investment options include securities or a fixed-term deposit in a Panamanian bank; however, most applicants opt for real estate investments. Once approved, the applicant enjoys nearly all the same rights as Panamanian citizens, with the exception of voting rights. How to get permanent residency in Panama? The first step is assessing the applicant’s eligibility and determining the associated costs. Essential documents, including identification copies and proof of financial stability, must be gathered. Additionally, a due diligence check is performed to ensure compliance with Panama’s regulations, a crucial step for securing a smooth application process. One of the most critical steps in the process is selecting a property that meets the program’s investment criteria. Panama offers a strong real estate market with reputable developers and a wide range of investment opportunities. 

Around the world, there are plenty of turnkey homes for sale that continue to attract investors looking for reliable and profitable opportunities. In 2025, turnkey investment properties are gaining popularity. The advantages of buying ready-made homes are many, and we will discuss them in this article. Purchasing a ready-made property ensures quality and a transparent transaction process. Buying turnkey homes eliminates many challenges for investors. Firstly, such a unit can be used immediately - whether it is for renting out, living in or reselling. Unlike regular real estate that may require repairs, remodeling, or additional investments, a finished object does not require time or additional costs and can be used right after the purchase or after the construction is finished. Secondly, when buying a turnkey unit, risks associated with possible delays or changes in the developer's plans are eliminated. The investor receives exactly the object that he sees, without the need to rely on renderings and promises. However, it is worth noting that some projects delivered turnkey can be bought during or before construction as well. Third, turnkey investment properties are often located in prestigious areas, increasing their value and appeal to tenants. These properties retain their value over the long term and can be resold profitably if investors decide to restructure their portfolio. Located on Uruguay Street in the heart of Panama City, this turnkey investment property is inspired by the famous Lincoln Road Mall in Miami. 

When considering international migration, it's crucial to distinguish between a work visa and a work permit application. These two processes are often mixed, but they serve different purposes and apply to different aspects of employment in a foreign country. For those interested in Panama’s residency programs, understanding these distinctions is essential, as each option provides different opportunities for working in the country. A work visa is an official document that grants a foreign national the right to work in a specific country. In Panama, just like in many other nations, a work visa is required for foreigners to take on formal employment under contracts with local employers. This type of visa is job-specific, meaning that the individual is tied to a particular employer. Obtaining a work visa is not always straightforward. There are specific qualifications required, and in many cases, employers must prove that they were unable to find a suitable local candidate before hiring a foreigner. In Panama, businesses must comply with regulations designed to protect local job markets, making the work visa application process highly regulated. However, it’s important to understand that the work visa is an immigration process. The work permit, on the other hand, is applying for the right to work once you have already acquired residency through any other path. Applicants must comply with local legal requirements and submit all necessary documentation.

History is a powerful reminder of resilience, strength, and the ability to rebuild things that we thought were lost forever. Few places embody this spirit as vividly as Panama. Nestled between two continents, this remarkable country has long been a meeting point of cultures, trade, and opportunity. But its journey has not been without challenges. In 1671, pirate Morgan, one of the most infamous figures of his time, led an attack that changed the course of the history of Panama forever. The city of Panama Viejo, then the country’s capital, was completely destroyed. What could have been the end of a thriving settlement instead became the start of a new chapter. The city was rebuilt in a new location, fortified, and designed to withstand future attacks. The new capital was Casco Viejo. Panama in turn became a country that symbolizes resilience, and that continues to inspire people from all around the globe today. Following the devastation caused by pirate Morgan, Spanish colonial rulers took no chances in rebuilding. They designed Casco Viejo as a walled city, surrounded by thick fortifications to defend against future invasions. The streets were intentionally narrow, the buildings strong and imposing, and the architecture reflected a blend of Spanish, French, and American influences. This fortified city soon became the heart of trade and governance in the region.  As time passed, the city expanded beyond them.

Panama has become an increasingly popular destination for retirees, offering a combination of warm weather, affordable living, and various benefits for those seeking to spend their golden years in comfort. If you're considering a retirement country and wondering how to get a Pensionado visa in Panama, you’re in the right place. The Pensionado visa is one of the most attractive immigration options for retirees worldwide, providing a simple process and access to significant retirees benefits. Let's explore why Panama could be the perfect choice for having a supreme retiree lifestyle and the steps required to secure this coveted visa. The Pensionado visa is an immigration program designed specifically for retirees who receive a stable pension. With its appealing retiree lifestyle, Panama offers more than just a place to live; it provides an opportunity to enjoy life in a country with modern amenities and a lower cost of living compared to many Western countries. To qualify for the Pensionado visa, applicants must meet certain criteria. One of the key requirements is proof of a monthly pension income of at least $1,000 USD. For those who purchase property in Panama worth $100,000 or more, the minimum pension requirement can be lowered to $750 USD. This flexibility makes the Pensionado visa an excellent choice for retirees looking to make the most of their retirement income. 

In recent years, many people have sought international banking options to diversify their financial portfolios, safeguard their assets, and enjoy the benefits of having a global presence. Panama, a country known for its robust financial system, offers one of the most straightforward paths to open an international account once you've obtained resident status. Whether you're looking to manage your finances, expand your business globally, or simply take advantage of the benefits that banking in Panama offers, this guide will provide you with everything you need to know about the process. Panama has long been a popular destination for individuals seeking a safe and stable banking environment. The country boasts a well-regulated financial system, making it an attractive option for international investors and entrepreneurs. As a non-resident, it is possible to open an international account in Panama, though the process may require additional documentation. However, gaining resident status significantly simplifies this process. When you become a resident, you open doors to easier access to banking options and fewer bureaucratic hurdles. Becoming a resident in Panama is not as complicated as one might think. The government has established a straightforward process for foreigners to obtain residency. One popular option is the Pensionado Visa.

Are you considering buying property in a prestigious area with modern amenities and excellent investment potential? Panama has become one of the most attractive destinations for real estate investments. With its stable economy, favorable tax policies, and high quality of life, it offers outstanding opportunities for property buyers. If you’re wondering how much money do you need for a down payment, Panama’s financing options make homeownership accessible. This article will guide you through the process of purchasing an apartment with a down payment plan, explaining every financial aspect. The property that Mundo offers in the Costa del Este neighborhood offers top-notch amenities, providing owners with a high standard of living. Here, you can buy an apartment with a down payment and enjoy an infinity pool, a modern terrace for meetings, a jogging track, a barbecue area, and an outdoor theater. Active lifestyle enthusiasts will appreciate the fitness center, wellness area, and yoga studio. Panoramic terraces offer stunning ocean and city views, making every morning truly inspiring. In addition, the complex offers a co-working area specially equipped for remote work, which is relevant for modern entrepreneurs and freelancers. There are also conference halls and lounge areas where you can hold business meetings or simply enjoy a comfortable atmosphere with friends and family. 

In the heart of Central America lies a country where nature’s brilliance meets incredible opportunities for those seeking a fresh start. Panama, a land of rich biodiversity and captivating landscapes, is also home to the golden Panamanian frog, an emblem of the country’s abundant natural wealth. The Panamanian golden frog is not just a beautiful amphibian but a symbol of good fortune and prosperity, making it the perfect representation of Panama's potential for those looking to build a new life or expand their business. The legend surrounding the golden Panamanian frog goes beyond its stunning appearance. This remarkable amphibian, which is native to Panama, has long been associated with luck and success. Its vibrant yellow color and rare presence in the wild have made it a symbol of hope, fortune, and prosperity. Many believe that encountering the Panamanian golden frog brings good luck, making it a beloved mascot for locals and a popular motif in souvenirs. As this frog is often seen as a harbinger of fortune, it perfectly mirrors the numerous golden opportunities available in Panama for expats, investors, and entrepreneurs. What makes the Panamanian golden frog even more remarkable is its status as an endemic species. This means that it can only be found in Panama, making it a rare treasure of the country’s rich fauna. 

During the past year, we've been focusing on Panama in several aspects. A quick glance at our blog section will show that Panama has been featured in all categories. This is not surprising if we consider that the country ticks all the boxes offering virtually every service available to perpetual travelers. If you've been paying attention and understand the significance of Panama and the opportunities it offers, you may be considering relocation. This is why Mundo has prepared this Panama trivia so you can see how much you actually know about the country. What language do they speak in Panama? Is Panama in Latin America? Let's see if you can get all the answers straight. The reason why we've been continuously highlighting Panama’s advantages is that we consider them wide and comprehensive. Besides maybe citizenship by investment, Panama has virtually all the necessary tools for an optimal financial plan. We even dare to say that this may be a jurisdiction to cover three of the five flags. Panama is at the forefront of modern immigration providing a wide scope of residency programs catering to different needs. The most popular one in 2024 was the Qualified Investor Visa. It's not surprising that it has gained popularity since its introduction as it provides an easy way to immediate permanent residency. There are three investment pathways.