Re:Ask HN: Where to Register a Company When Being a Travelin...
by ameen on Monday January 26, 2015 @05:57AM
(#8946425)
What're the alternatives for those from other countries? Would getting a Permanent Residency be the only issue?
Re:Ask HN: Where to Register a Company When Being a Travelin...
by diginomad2015 on Saturday February 07, 2015 @05:13PM
(#9015502)
Do I really need residence somewhere? What if I live 3 months in each country?
Notice also that I left my home country 15 years ago, and have been a legal resident of 3 other countries during that time. I wonder if I just forget about residency altogether. I can't find a clear answer for that.
From Panama City it's a 2.5 hour flight to Miami, 5 hours to New York / Toronto, about 7 hours to LA / Vegas, 10 hours to Amsterdam. Copa airlines has its base in Panama city and operates direct flights to many US and South American destinations.
A lot of people in Panama speak English so it's fairly easy to get by even if you don't know much Spanish. I found people in Panama City to be very friendly and helpful. Panama City also has great infrastructure, Internet, roads, apartments..
If you're a citizen of one of the 48 "friendly" countries you can be a legal permanent resident in Panama is a matter of months for under $5000.
And if your profession / business is global and online, you can likely break free of highway-robbery tax rates and the mind-numbing, time-wasting accounting / reporting requirements of your home country by moving to Panama.
Unfortunately for US citizens, they're still on the hook for US taxes even if non-resident in the US. But for citizens of 47 other countries, Panama is just about the #1 easiest and most practical residence option on the planet at the moment.
Search for "Panama Friendly Nations Visa".