Once you get your residency you can live in Panama fully legally and forget about inconvenient trips and tiresome paperwork. Now ahead of you is the best part. It's time to think “what can I do in Panama” and most importantly “where should I live”. Although it's a small country, Panama has lots of charming places that you can call home.

International entrepreneurs, perpetual travelers, and modern businesspeople look for the best banking to protect assets. This is only natural considering the very essence of their activities. Banking offshore is convenient for everyone, but those individuals particularly involved with cross-border businesses and operations find it more than necessary: for them, nothing short of the best banking in the world will do. 

If you're analyzing ways to protect money and wondering why open a Nevis trust, or if you should establish a foundation instead, you’ll find this article useful. This trust vs foundation comparison will help you go to the core of each structure and understand its essence and best uses.

If you want to open a company in Panama, you may not be aware that this is a path to residency. A friendly nations company allows you to get residency without a major investment allowing you to become a legal resident in this beautiful country. All in all, this is the perfect option, except for one major downside which we will disclose in this article. Get to know Panama immigration best-kept secrets and get the second residency that you need before the end of the year.