Panama is a country that has established treaties of friendship and cooperation with various nations, and one of the most significant is the Treaty of Friendship, Commerce, and Navigation signed in 1966 between the Republic of Panama and the Italian Republic and ratified by Law 15. In this article, we will explore how this treaty impacts migration and what opportunities it offers to Italian citizens who wish to live, work, or settle in Panama.
One of the main advantages offered by this treaty is the preferential treatment that Italian citizens receive in the territory of Panama, which includes:
- Access to Permanent Residence Permit in Panama: Italian citizens can apply for a Permanent Residence Permit in Panama, allowing them to legally reside in the country indefinitely.
- Option for Panamanian Citizenship: After five (5) years of permanent residence in Panama, Italian citizens have the opportunity to apply for Panamanian citizenship, granting them all the rights and benefits of a Panamanian citizen.
- Permanent Residence Permits for Dependents: Citizens applying for permanent residence permits can also apply for permits for their dependents, including spouses, dependent parents, minor children, and unmarried students under the age of 25.
The process of migration and obtaining permanent residence in Panama can be complex and may vary depending on individual circumstances. In terms of timing, the process may take four (4) to six (6) months to obtain the permanent residence resolution. This is where an immigration attorney can play a crucial role. Attorneys can:
- Guide you on specific requirements and necessary documentation.
- Agilizar el proceso y asegurarse de que se cumplan todas las regulaciones.
- Help you avoid common issues and challenges that could delay your application.
In summary, the Treaty of Friendship, Commerce, and Navigation between Panama and Italy provides Italian citizens with the opportunity to legally establish and live in Panama. However, it is essential to plan and seek legal advice to ensure a smooth process. If you are considering moving to Panama, we encourage you to explore this option and seek the assistance of an immigration specialist, such as the attorneys at MYD, to guide your path.