Moving to Panama
We are happy to assist you in all matters concerning your move to Panama City or relocation to Boquete, for example.
Questions about your move to Panama?
- How much does a container to Panama City cost?
- What costs should I expect for transport to David or Colón?
- What do I need to consider for the customs procedure in Panama?
- How big does the container have to be to hold my household goods?
Comprehensive service and advice
We at OTC global are your competent partner for removals to and from Panama. Thanks to our know-how and reliable local partners, your belongings will reach their destination safely!
After a personal consultation, a senior staff member will take care of the entire process of your move. In this way, we find a solution that meets your needs:
Ask us your individual questions
Will you be living in Panama for a longer period of time and would you like to take your household goods, personal belongings and vehicles with you? Do you have questions about immigration to Panama?
Removal with overseas container
You can decide:
- whether you will pack your removal goods on your own and let us load them.
- whether you will pack and also load on your own.
- or whether you will let us pack and load your complete removal goods including your furniture.
If required, we will carry out a safe vehicle transport for you! However, there are high import costs for imported used cars. Since you can buy relatively inexpensive used vehicles locally, it is rarely worth taking your own car with you.
Moving to Panama – important information on Visa and entry
For the relocation for the first time in the country in which there is an isthmus connecting Central and South America, you will be exempted from the import duties for household goods. There are special facilities also for issuing the visa. Thus permanent employees, managers from foreign country and their families obtain a five year visa, which can be again renewed for five years. One who has such a visa does not require another work permit. However, this regulation is not applicable for temporary employees.
German nationals can stay in the country for 180 days without Visa.
If you would like to stay longer than 180 days in Panama, you must apply for Residence permit (Residencia). You can obtain this permit (Visa) from Consulate or Panamanian embassy of your home town. Children require separate identification document.
With the “Friends of Panama” Visa, immigrants can ensure a stay for longer duration. For that, you require a local bank account with a credit balance of at least 5,000 US-Dollar; in addition to this, you must produce a valid employment agreement, open a shop or acquire a property. The investors willing to immigrate must make a basic investment here. You can obtain the detailed information for entry requirements for your moving to Panama in the concerned embassies and consulates of your home town.
Note: You have to arrange the necessary documents promptly because monitoring in the country is very strict and can lead to immediate expulsion (see the relevant information from the ministry of Foreign affairs).
A rising economy
Your moving to Panama brings you to an earthquake-proof country with a stable banking system. Many migration incentives are offered to you here. Qualified staff from the foreign country enjoys considerable tax related and labour law related advantages. Moreover, foreign and national investors are legally on equal terms. These factors make Panama an attractive place for multinational corporations. Apart from that, the geographical location and US-Dollar as official currency create a favourable climate for investment.
Panama – always a popular immigration country
As the country is considered to be politically stable, it is popular with the European immigrants. They prefer Panama-City as the place of residence. The capital benefits from a new Metro-line and other infrastructure projects. Similarly, popular places of residence are Boquete in Highland and the cities of David and Constanza. As the country suffers from an acute shortage of skilled Manpower, the dependents having technical profession and qualified skilled workers are welcome.
For imported used cars, high import costs arise. However, as you can purchase here used cars at relatively low costs, it is not worth taking your own car.
Around 9.5 % of tourists arrive in the country via cruise ships. Most holidaymakers, however, reach the Panamanian republic by plane. Since 2016, Lufthansa has been flying five times a week in 11.5 hours from Frankfurt to Tocumen.
Also because the country is considered politically quiet, it is popular with European immigrants. They prefer Panama City as their place of residence. The capital benefits from a new metro line and other infrastructure projects. Equally popular places to live are Boquete in the highlands and the cities of David and Colón.