Treaty of Friendship, Trade and Navigation between the Republic of Panama and the Republic of Italy

If you're an Italian citizen looking to establish permanent residency in Panama, you may be eligible for a special permit known as the Permanent Resident Permit for Special Laws: Treaty of Friendship, Commerce and Navigation between the Republic of Panama and the Republic of Italy (PRP-CPI). This permit is only available to Italian citizens, and it allows you to reside in Panama indefinitely.

To apply for this permit, you'll need to meet the requirements outlined in Article 28 of the Decree Law and provide the following documents:

1.     Power of attorney (notarized)and application form

2.     Three (3) photographs

3.     A copy of your passport(notarized or authenticated)

4.     Criminal background check

5.     Health certificate

6.     A certified check for B/.250.00made out to the National Treasury

7.     A sworn statement of personal background

8.     A document showing your purpose for establishing residency in Panama, such as:

·       Certificate of paid and released shares and nominative shares

·       Employment contract endorsed by the Ministry of Labor with salary no lower than 850.00

·       Public registry of the company in any of the cases

9.     Proof of sufficient economic solvency, which can be demonstrated through a bank certification or account statement of the last month that reflects a balance of at least four digits average (stamped by the bank)

10. If you have dependents, they will need to provide:

·       A notarized letter of responsibility and repatriation

·       Proof of relationship

·       Proof of address

·       If over 18 years of age, a certificate of single status and certified studies

Please note that this permit is indefinite, so you will not need to renew it. The cost for this service is estimation exclusive of our legal fees.

At LEGAL@work, we understand that navigating the process of obtaining a permanent residency permit can be complex and time-consuming. That's why we're here to help. Our team of experienced attorneys can guide you through the application process and ensure that all of the necessary documents and requirements are met. We will provide you with a clear list of steps and costs, and we'll work with you in a positive, reassuring, and professional manner to make the process as stress-free as possible. With LEGAL@work on your side, you can feel confident that your application will be handled with accuracy and efficiency.