Our Services
Comprehensive legal and financial solutions for your Panama journey
Our Comprehensive Services
Complete solutions for your investment and residency in Panama
Panama Golden Key offers specialized services for international investors seeking to establish in Panama, from company formation to obtaining residency.
Company Formation and Banking
Incorporation and banking services
Comprehensive services for company formation in Panama with tax advantages and multi-level banking account opening.
Real Estate
Real estate investment and residency
Complete advisory for real estate investment in Panama, including luxury properties and options to obtain residency.
Accounting and Corporations
Accounting management for companies
Specialized accounting services for Panamanian corporations with international standards and tax optimization.
Pensionado Visa
Residency for retirees
Special program for retirees with exclusive benefits, discounts and tax advantages in Panama.
Investor Visa
Residency through investment
Obtain Panamanian residency through real estate investment or bank deposits with path to citizenship.
Why choose Panama Golden Key?
Trilingual Team
Service in Spanish, English and Mandarin
Legal Security
Complete protection of your investments
Proven Results
More than 10 years of experience
Premium Service
Personalized and exclusive attention
COMPANY FORMATION
Panama: Financial and Corporate Hub for International Investors
The Singapore of the Americas: A Strategic Jurisdiction in the Heart of the Continent
Panama has established itself as one of the most attractive financial and corporate centers in Latin America, offering a robust business ecosystem that combines political stability, competitive tax advantages, and a privileged geographical location.
Advantages of Incorporating a Company in Panama
Territorial Tax System: Legitimate Optimization
One of the most attractive features of the Panamanian system is its territorial tax regime. Companies incorporated in Panama only pay taxes on income generated within the national territory. This means that international commercial operations, services provided outside Panama, and income from foreign sources are exempt from local taxes.
Corporate Confidentiality and Asset Protection
Panamanian legislation offers significant levels of corporate privacy. Company shareholders do not necessarily appear in public records, providing discretion in ownership structure. This feature, combined with a solid tradition of respect for private property, makes Panama an attractive jurisdiction for asset protection and wealth diversification.
Operational Flexibility and Remote Incorporation
The business incorporation process in Panama stands out for its simplicity and efficiency. Companies can be established in approximately two weeks without directors or shareholders needing to travel to the country. Panamanian corporations offer flexibility in their structure: they can operate with a single shareholder, directors do not need to be residents of the country, and board meetings can be held anywhere in the world.
Currency and Economic Stability
Panama has used the US dollar as its official currency since 1904, eliminating exchange rate risk and facilitating international commercial transactions. This dollarization represents a distinctive advantage, eliminating operational friction and conversion costs for companies that primarily operate with North America, Europe, or markets that trade in dollars.
Free Trade Agreements and Global Connectivity
Panama maintains free trade agreements with more than 40 countries, including the United States, European Union, Canada, Chile, Singapore, and recently China. These agreements facilitate preferential access to markets representing more than a billion consumers, making Panamanian companies ideal platforms for international trade operations.
OFFSHORE AND ONSHORE BANK ACCOUNT OPENING
Offshore Banking in Panama
First-Class International Banking Center
The Panamanian banking system stands out for its solidity, sophistication, and international orientation. With the presence of more than 80 international financial institutions, Panama offers banking services comparable to the world's leading financial centers, combining cutting-edge technology with robust regulatory standards.
Advantages of Panamanian Banking
Asset Diversification and Protection
Maintaining offshore bank accounts in Panama allows international investors to geographically diversify their assets, reducing exposure to political or economic risks of a single jurisdiction. This diversification strategy constitutes a globally recognized prudent wealth management practice.
Multi-Currency and Operational Facilities
Panamanian banking institutions offer accounts in multiple currencies, allowing balances to be maintained in US dollars, euros, and other major currencies. This flexibility is especially valuable for companies with international commercial operations that need to manage cash flows in different denominations.
Digital Banking and Remote Management
Panamanian banks have developed advanced digital platforms that allow complete account management from any location. International transfers, supplier payments, investments, and balance inquiries can be executed securely and efficiently without the need for physical presence.
Comprehensive Financial Services
Beyond basic transactional banking, Panamanian institutions offer sophisticated wealth management services, including investment products, structured financing, internationally accepted cards, and payment gateways for e-commerce.
Transparent Regulatory Framework
Panama has adopted international financial transparency standards, including tax information exchange agreements and anti-money laundering regulations. Banks implement rigorous due diligence processes (Know Your Customer), ensuring only legitimate clients access banking services.
Comparison: Panama vs. Singapore
| Aspect | Panama | Singapore |
|---|---|---|
| Strategic Position | Control of Panama Canal, bridge between oceans | Control of Malacca Strait, bridge between continents |
| Tax System | Pure territorial (0% on foreign income) | Territorial with exemptions (17% on local income, incentives available) |
| Official Currency | US Dollar (eliminates exchange risk) | Singapore Dollar (stable currency, but requires conversion) |
| Annual Operating Cost | USD $700-$1,000 | USD $3,000-$5,000+ |
| Formation Time | 2 weeks, 100% remote | 1-3 weeks, more documentation |
| Initial Bank Deposit | From USD $3,000 (personal) / $10,000 (business) | From USD $20,000-$50,000+ |
| Time Zone | GMT-5 (compatible with Americas and Europe) | GMT+8 (compatible with Asia-Pacific) |
| Preferential Markets | Americas, Europe, FTA with China and 40+ countries | Asia-Pacific, ASEAN agreements |
| Business Languages | Spanish, English | English, Mandarin, Malay |
| Cost of Living/Operation | 40-50% lower than Singapore | High (one of the most expensive cities in the world) |
Strategic Combination: Company + Banking
The true competitive advantage emerges when combining the incorporation of a Panamanian company with local banking services. This integrated structure allows efficient commercial operations, legitimate tax optimization, international credibility, and operational flexibility to completely manage international operations remotely.
Considerations for Chinese Investors
Specifically for the Chinese market, Panama offers additional advantages. Since the establishment of diplomatic relations in 2017, the flow of bilateral investment and trade has grown exponentially. The China-Panama Free Trade Agreement, in force since 2019, eliminates tariffs in numerous product categories and facilitates commercial exchange.
A Strategic Decision
Incorporating a company and establishing banking services in Panama represents a strategic decision for international investors seeking to expand operations in the Americas, diversify assets, and optimize corporate structures. The combination of political stability, tax advantages, financial sophistication, and international connectivity positions Panama as the Western equivalent of Singapore.
This content is for general informational purposes and does not constitute specific legal, tax, or financial advice. It is recommended to schedule a consultation with our specialized professionals before making corporate or estate planning decisions.
REAL ESTATE
Panama Golden Key | Definitive Guide for Chinese Investors
Residency through real estate investment | Advisory for Chinese citizens | Property purchase in Panama
Why Panama is the new trend among Chinese investors?
In recent years, Panama has established itself as one of the most attractive destinations for international investment, especially among investors and families of Chinese origin seeking:
Asset diversification
Stable properties with good profitability
A second home in a safe country
Residence through investment
Future access to Panamanian citizenship
Exceptional quality of life
Panama Golden Key
Leader in Panama specialized in international mobility, relocation and acquisition of real estate for Chinese investors. Our service combines:
1. Opportunities in Panama's Real Estate Market
A. Luxury Segment: Panama as a premium residential center in Latin America
Areas that stand out for their high demand and sustainable value:
Punta Pacífica
Iconic skyscrapers with panoramic ocean views
Santa María
Exclusive residences with world-class amenities
Costa del Este
Premium financial and residential district
Advantages for the Chinese investor:
B. Mid-Range Segment: The engine of the Panamanian market
Strategic areas with strong growth:
San Francisco
Established neighborhood with excellent appreciation
Avenida Balboa
Strategic location with stunning views
Amador
Growing area with canal views
Panamá Pacífico
Emerging area with high growth potential near Metro Line 3
Typical investment range: between $150,000 and $350,000, ideal for young investors and families looking to combine housing and investment.
2. How real estate investment allows obtaining Panamanian residency
Panama offers various migration programs for those who invest in real estate, being the most used by Chinese citizens:
A. Qualified Investor Visa (Qualified Investor Program)
The fastest path to Panamanian residency.
B. Advantages of obtaining residency in Panama for Chinese citizens
3. Megaprojects that drive the increase in real estate value
Panama is executing works that will transform the country and raise the value of properties, especially in strategic areas:
Metro Line 3
Direct connection with Panamá Oeste, increasing the value of properties in the area
Fourth Bridge over the Canal
New connection that will improve accessibility and land value
New roads and coastal expansion
Infrastructure improvement that will boost real estate development
National train project
Planned to connect the entire country, generating new opportunities
These developments generate significant increases in capital gains, a key point for Chinese investors seeking safe returns.
4. Legal and tax advantages for foreign investors
Panama offers a safe and attractive legal framework:
Legal Security
The Public Registry protects property transparently
Tax Benefits
Exemption from property tax for new constructions
Clear contracts
Guaranteed compliance ideal for foreign investors
Ideal for foreign investors who require total security.
5. Why Chinese investors choose Panama Golden Key
We are a firm specialized in exclusively serving the high and medium net worth Chinese market. Our approach:
Specialized Trilingual Team
Native coordinators in Mandarin who facilitate communication at every stage
Deep understanding of the Chinese client
Knowledge of regulations on capital outflow and wealth structuring
Access to unique opportunities
Exclusive projects before launch and properties suitable for migration programs
Comprehensive turnkey support
From analysis to integration into local communities
6. Recommended investment strategy for Chinese citizens
Panama Golden Key recommends following a professional strategy based on the analysis of the Panamanian market:
Identify the main objective
– residency, profitability, second home, or diversification.
Select the appropriate area
– luxury, mid-range, or emerging areas driven by infrastructure.
Perform complete due diligence
– titles, taxes, liens, project history.
Post-purchase management
– administration, rental, maintenance and revaluation.
Panama is the next strategic destination for the modern Chinese investor
Panama combines:
Panama Golden Key is your trusted partner
To accompany you at every stage of the process, from property selection to obtaining your Panamanian residency.
Accounting Services for Panamanian Corporations
Strategic Guide for Foreign Investors, Entrepreneurs and Business Owners
In the dynamic international business landscape, Panama stands out not only for its iconic canal but for offering a business ecosystem that combines regulatory flexibility with global standards compliance. For those who have taken the strategic step of incorporating a Panamanian corporation, accounting management represents not just a formal obligation, but a fundamental piece in optimizing your investment.
As a firm specialized in corporate law and complementary services, we share this essential guide on accounting services for Panamanian corporations, designed especially for international investors, entrepreneurs and business owners.
Accounting in Panama: A Balance Between Flexibility and Compliance
The Panamanian accounting framework offers distinctive features that position it favorably compared to other jurisdictions:
Fiscal Territoriality Principle
Only income generated within Panamanian territory is taxed, allowing efficient planning for international operations.
Adoption of International Standards
Panamanian accounting standards follow IFRS (International Financial Reporting Standards) principles, facilitating consolidation with global structures.
Differentiated Requirements
The intensity of accounting obligations varies according to the company's operational profile, being lighter for holding entities or passive investment.
Focus on Economic Substance
The system privileges the economic reality of transactions over their legal form, allowing efficient yet solid structures.
Accounting Obligations According to Your Company Profile
For operational companies in Panama:
Full accounting according to IFRS
Annual income tax return
Tax refunds
Dividend and profit participation reports
Payroll records and labor obligations
Reports for municipal taxes and commercial patents
For holding or international investment companies:
Basic accounting records of assets and transactions
Corporate minutes of significant operations
Economic substance reports (for jurisdictions that require it)
Informational returns (without necessarily generating tax)
The Practical Process: Simplicity and Efficiency
We have refined our process to minimize administrative burden for you:
Initial Evaluation
Analysis of your company's structure and operations to determine specific requirements.
Accounting System Design
Configuration of chart of accounts and processes adapted to your activity.
Periodic Document Collection
Secure systems for transmission of vouchers and relevant documentation.
Processing and Classification
Accounting registration with optimized fiscal criteria.
Report Generation
Monthly, quarterly or annual financial statements according to needs.
Declaration Preparation
Management of applicable territorial and municipal tax obligations.
Review Meetings
Periodic sessions to analyze results and plan strategies.
Documentation Required for Efficient Accounting Management
To maintain optimal records, we will need:
Bank statements from corporate accounts
Operational expense invoices
Service provision or purchase-sale contracts
Board of directors minutes for significant decisions
Documentation of transfers between related parties
Asset valuation reports when applicable
Next Steps: Towards Optimized Accounting Management
We invite you to an initial consultation where we will evaluate the specific needs of your Panamanian company and design a customized accounting program that maximizes benefits and minimizes administrative burdens.
Consult with our experts todayYour Panamanian company's accounting can and should be more than a cost center
A strategic tool to enhance your international investment. Let us show you how.
This article is for informational purposes and does not constitute professional advice. Each situation requires individualized analysis considering particular circumstances and current regulations.
Pensionado Visa in Panama
Your Gateway to Retirement Paradise
As you contemplate the next chapter of your life, a fundamental question emerges: where to fully enjoy those golden years you've worked so hard for? If you're reading this from your home in the United States, Canada or China, let me present you an option that thousands of your compatriots have already discovered: Panama, a country that has perfected the art of welcoming international retirees.
At Panama Golden Key we specialize in Panamanian immigration, accompanying people like you in their transition to a new life. We can affirm that Panama's Pensionado Visa Program remains the most attractive in the Western Hemisphere. More than a simple residence permit, it's a welcome embrace to your new community.
Why Panama is the ideal destination for your retirement?
Before delving into the technical aspects, allow me to share why so many North Americans choose our country:
visa_pensionado.panama_advantages.political_stability.title
visa_pensionado.panama_advantages.political_stability.description
Dollarized currency
No exchange rate risk for those receiving pensions in dollars.
First-class infrastructure
Hospitals affiliated with Johns Hopkins and Cleveland Clinic; high-speed internet; modern shopping centers.
Privileged climate
From the eternal summer of the beaches to the perpetual cool of the highlands of Boquete.
Established expatriate communities
You will find thousands of compatriots who have made the same decision.
Geographic proximity
Direct flights of 3-5 hours to major North American cities.
The Pensionado Visa Program: Exceptional Benefits
What truly distinguishes Panama is its Pensionado Visa Program, designed specifically to attract international retirees through tangible benefits:
Tax benefits:
Exemption from taxes on foreign income
Your pensions, investments and other income generated outside Panama are 100% tax-free.
Exemption from taxes on household goods import
Bring your personal belongings duty-free (up to $10,000).
Tax-free vehicle import
Every two years you can import a new vehicle without paying duties.
Property tax exemption
For the first 15-20 years for new constructions.
Retiree Discount Program ("Discount Law"):
These benefits are legally guaranteed and widely respected throughout the country, with no need for special negotiations.
public services
Electricity, water, telephone
restaurants
Including international chains
hotels during weekdays
Better accommodation rates
airline tickets
Airlines with offices in Panama
mortgage loans
For primary residence
medical services
10% additional on prescription medications
entertainment
Cinemas, theaters, sporting events
The step-by-step process: Simplicity and certainty
Our firm has refined a process that minimizes complexities:
Preliminary evaluation
We verify that you meet the basic requirements before initiating any procedure.
Document collection
We guide you in obtaining each necessary document, both in your country of origin and in Panama.
Document authentication
We supervise the apostille or consular legalization process, ensuring everything meets Panamanian standards.
File preparation
We meticulously organize your documentation for optimal presentation.
Submission to Immigration
Our lawyers personally present your application to the authorities.
Residency card processing
Once the application is approved, we process your permanent identity document.
Post-approval services
From opening bank accounts to finding housing, we facilitate your transition to Panamanian life.
Documentary requirements: Clarity and precision
To qualify for the Pensionado Visa Program you will need:
Minimum lifetime pension of $1,000 monthly
From governmental or recognized private source.
Passport with at least 6 months validity
Valid travel document.
Apostilled criminal record certificate
From the last 5 years.
Medical certificate issued by Panamanian doctor
Current health status.
Proof of address in your country of origin
Verifiable residential address.
Six passport-sized photos with white background
Recent and in good condition.
Notarized power of attorney in favor of our firm
To represent you legally.
Important note: If your pension is less than $1,000 but exceeds $750, you may qualify by combining it with a real estate investment in Panama.
Our Approach: Client-centered experience
Our firm understands that this decision transcends the legal; it's a life change. That's why we offer:
Initial consultations
We explore your specific needs without commitment.
Constant communication
Weekly updates on the progress of your procedure.
Comprehensive packages
From initial guidance to complete installation.
Bilingual service
Our entire team is perfectly bilingual.
Community connections
Connection with expatriate groups and local resources.
Post-residency support
We remain available after obtaining your visa.
Beyond the visa: Building your new life
Once you obtain your residency, we support you in practical aspects such as:
Opening bank accounts
Property acquisition
Domestic staff hiring
Registration in health systems
Guidance on expatriate communities and clubs
The time to act is now
In an increasingly uncertain world, Panama offers a haven of stability and quality of life. Thousands of North American retirees have already discovered this secret. As our clients frequently comment: "My only regret is not having come before."
We invite you to contact us for a personalized consultation
Where we will evaluate your specific situation and answer all your questions about this fascinating immigration program.
This article is for informational purposes and does not constitute legal advice. Each situation requires individualized evaluation according to particular circumstances.
Economic Solvency Visa in Panama
Complete Guide for Chinese Citizens
Panama Economic Solvency Visa
In recent years, Panama has become one of the most attractive destinations for Chinese citizens who wish to live, invest or establish a second residence in Latin America. Its strategic position, economic stability and friendly immigration policies make it an excellent option for those seeking a new beginning outside of Asia.
Among all the options, one of the most popular is the Economic Solvency Visa, known by many Chinese investors as the 经济实力签证. Today I explain in a simple way how it works, what requirements it has and why it is one of the safest ways to obtain residence in Panama.
Strategic Location
Natural bridge between North and South America
Economic Stability
Dollarized economy with sustained growth
Friendly Immigration Policies
System designed to attract investors
What is the Economic Solvency Visa?
Detailed explanation of the Economic Solvency Visa
It is a type of Panamanian residence designed for people who can demonstrate economic capacity through an investment.
The most attractive thing is that you don't need to get a job, it doesn't require specific nationalities and doesn't impose limited quotas. That is, Chinese citizens qualify without restrictions.
This visa first grants you a provisional residence for 2 years, and then you can apply for permanent residence. After five more years of continuous residence, it is possible to access Panamanian citizenship and obtain the Panamanian passport that allows visa-free travel to more than 142 countries including all of Europe.
Investment Methods
The Economic Solvency Visa offers three very flexible paths, depending on your preference as an investor.
Fixed-Term Deposit
Fixed-Term DepositOpen a bank account in a Panamanian bank with a minimum 3-year term deposit.
Real Estate Investment
Real Estate InvestmentAcquire a property in Panama with a minimum value of USD 300,000.
Mixed Option
Mixed OptionCombine property plus bank term deposit, as long as the total sum is at least USD 300,000.
Main Requirements for Chinese Citizens
Although the process is quite simple, Panama requires certain basic documents:
Valid Chinese Passport
With minimum validity of 6 months
Criminal Records issued in China
Official criminal record certificate
Proof of Legal Origin of Funds
Documentation proving legality of funds
Financial Documents of Investment
Property or bank deposit
Passport-sized Photographs
Recent and in good condition
Signed Immigration Form
Complete official documentation
Important note: All Chinese documents must be apostilled or authenticated by the Panamanian Consulate.
Path to Permanent Residence and Citizenship
Provisional Residence
2 yearsFirst stage of the immigration process
Permanent Residence
At the end of 2 yearsTransition to definitive residence
Panamanian Citizenship
Several years laterPossible access to Panamanian passport
Automatic Citizenship for Children
When born in PanamaChildren born in Panama obtain citizenship
For Chinese families who want an 'open door' to the American continent, this path is particularly attractive.
Advantages of the Economic Solvency Visa
Available for Chinese citizens without restrictions
No need for employment in Panama
No sponsor or employer required
Safe, flexible and controlled investment
Allows bringing immediate family (spouse and children)
Realistic path to permanent residence and eventually citizenship
Compared to other Panamanian visas, this offers lower government costs compared to the Golden Visa (Qualified Investor Visa), but the path to the passport is longer due to the initial 2 years of provisional residence versus the direct residence granted by the Golden Visa.
Practical Tips Before Starting
Work with Panama Golden Key
We have experience with Chinese citizen cases. Professionals who speak English, Mandarin and Cantonese.
Prepare documentation in advance
Have all your Chinese documents apostilled in advance (this step takes time in China).
Plan your trip to Panama
Get the tourist visa and prepare to sign documents and carry out in-person procedures (we accompany you in this process).
Panama is an excellent option for Chinese citizens
The Economic Solvency Visa is an open door for those seeking stability, international mobility, investment opportunities and a safe path to permanent residence in Latin America.
If you are looking for a strategic immigration plan, Panama offers:
Friendly immigration system
Stable economic environment
Large and well-established Chinese community
Proximity to United States and South America
Clear path to permanent residence and citizenship
Perfect for Chinese families, investors, entrepreneurs and professionals
who wish to expand their options abroad.