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Unlocking Opportunities: Benefits of Relocating to Panama for US Expats in 2025

by Pavan Bhandari 16 Dec 2024 0 Comments
Unlocking Opportunities: Benefits of Relocating to Panama for US Expats in 2025

Unlocking Opportunities: Benefits of Relocating to Panama for US Expats in 2025

Discover why Panama is becoming the go-to destination for US expats. This presentation explores the advantages of relocating to this Central American gem in 2025.

Tax Advantages

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Territorial Tax System

Panama's territorial tax system means you only pay taxes on income earned within the country.

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No Capital Gains Tax

Enjoy tax-free profits from selling property or investments outside Panama.

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Foreign Income Exempt

Your US-sourced income remains untaxed by Panamanian authorities.

Cost of Living

Housing

Affordable real estate options, from beachfront condos to mountain retreats. Rental prices are significantly lower than in major US cities.

Healthcare

High-quality medical care at a fraction of US costs. Many doctors are US-trained and speak English.

Daily Expenses

Fresh produce, dining out, and entertainment are budget-friendly. Utilities and transportation costs are lower.

Visa and Residency Benefits

1

Pensionado Visa

Retirees with a monthly income of $1,000 can easily obtain residency.

2

Friendly Nations Visa

Entrepreneurs and professionals from the US can fast-track residency.

3

Permanent Residency

After five years, you're eligible for permanent residency and citizenship.

Panama city skyline with modern buildings and a waterfront view

Tax Advantages

Tropical Paradise

Enjoy year-round warm temperatures and abundant sunshine. Perfect for outdoor enthusiasts and beach lovers.

Diverse Landscapes

From pristine beaches to lush rainforests and cool mountain retreats. Experience microclimates within a small area.

Natural Beauty

Home to diverse wildlife and flora. Ideal for nature photography and eco-tourism adventures.

Infrastructure and Amenities

1

Modern Cities

Panama City offers world-class shopping, dining, and entertainment options.

2

Connectivity

High-speed internet and excellent cellular coverage throughout the country.

3

Transportation

Modern airports, well-maintained highways, and efficient public transit systems.

Cultural Experience

Immerse yourself in Panama's rich cultural tapestry. Experience a blend of indigenous, colonial, and modern influences in art, music, and cuisine.

Expat Community and Lifestyle

Thriving Expat Communities

Find support and friendship in established US expat groups across Panama.

Active Lifestyle

Enjoy outdoor activities, sports clubs, and social events year-round.

Work-Life Balance

Embrace a more relaxed pace of life while maintaining productivity.

Proximity to the US

Short flights to major US cities make visiting home easy.

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Refund & Cancellation Policy

What are cancellation & refund policies for Tour Packages? If you want to cancel your booking, you must advise us in writing to travel@itaglobal.com by email. The letter must be signed by the lead name on the booking and once we receive it you should expect to receive a cancellation letter within 24 hours. If you do not then please contact us to ensure your letter has been received.

To cover the cost of processing your cancellation and to compensate us for the risk that we may not be able to resell your travel arrangements, we make a cancellation charge on the scale shown below. The person who made the booking is responsible for paying this charge. The size of the charge depends on when we receive your cancellation notice or letter or how you would like us to deal with your payment providing that we have received your full payment for the tours.

Flexible Cancelation Policy:

Cancellations 30+ days before trip date: FULL REFUND

- $100 processing fee.

Cancellations within 30 days of trip date: PARTIAL REFUND.

- $350 Cancellation Fee

- $50 Processing Fee

- VISA Fee is nonrefundable (The fee will vary by country)

Cancellations within 10 days of trip date: NO REFUND.

- Not eligible for reimbursement

- Money paid can be used as credit for future travel with ITA to any destination within 12 months, minus the processing fee.

If a confirmed and paid reservation is canceled, customers should expect a refund in 90 business days.

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