City of Knowledge Visas:

City of Knowledge
Immigrant Visa Program
NOTE:
Panama continues to make significant changes to the Immigration Visa
framework, laws and regulations. These changes are often made
without advance notice. Please contact us for up to date
information.
Who Qualifies?:
City of Knowledge Investors, Executives, and other qualified foreign
workers. This includes the Technopark, Business Incubator, and
Academic areas. Also included are applicants' spouses and dependents
(children under 18).
Requirements:
The applicant
must be employed by a business or academic institution located in
Panama's City of Knowledge (Ciudad del Saber).
Benefits:
Panama's City of Knowledge (CoK) offers many technological benefits
and fiscal incentives for location there. Located within the
CoK are a technological park, a business incubator and several
leading universities and research institutions.
Visas
are issued for a two year period, and the visas also serve as a work
permit within the CoK. Visas are renewable for an additional
two year period.
Drawbacks:
There
is a good deal of paperwork and documentation required.
Getting the necessary paperwork and documentation authenticated (via
apostil or Panamanian consul) for the provisional visa application
is onerous. All documents must be in order before submission
to the Panamanian government. Most documents from abroad
require an apostil, or a certification from the Panamanian
consulate.
The Panamanian government is sometimes slow in processing the
applications and granting the provisional visas.
An Overview of the Process:
We will provide you with a checklist of all required documentation*
for processing the visas, as well a specific power of attorney
authorizing us to process your visas. We will also provide you
with a standard letter of responsibility, wherein you take financial
responsibility for your spouse and dependents (if applicable).
You must procure all required, authenticated documentation, and send
it to us, along with the signed power of attorney. We'll take
care of the rest.
The provisional visa process will require at least one face-to-face
visit with the Panamanian immigration authorities by the applicant, spouse and dependents (if any), as well as an examination by a
licensed Panamanian doctor. Additional meetings with the
immigration department may be required. We will accompany you,
of course, to all meetings.
Our Services:
We
provide investor immigrant visa services to a wide variety of
clients, primarily for those who also use us to set up
corporations and
foundations. Our fee for processing, submitting and overseeing the
entire CoK two year visa process (including
review of all documents, preparation, submission, follow up and
follow through, etc.) is US$1,450.00 for the
applicant, US$400.00 for
the spouse, and US$200.00 for each dependent. Our prices
do not
include the Immigration Service application fee of
US$100.00 per applicant, spouse and dependent.
Our
fees include all legal fees, Notary affidavits, Panamanian physician exam fees and
the blood test fees per applicant, Panamanian police record for
applicant and spouse,
certified translations into Spanish of submitted documentation,
carnet fees, and government stamp tax. Our price is complete (no hidden
charges) and includes:
- Provision of complete checklist of documents required, along
with detailed instructions and orientation to applicant.
- Provision of specific Power of Attorney for signature by
applicant
(and spouse and dependents, if applicable).
- Provision of Letter of Responsibility for signature by
applicant.
- Reception and review of all required documents submitted to us
by applicant.
- Presentation of CoK visa immigration application and
documentation to Panamanian immigration authorities.
- All legal fees.
- Provision of licensed Panamanian doctor and laboratory for
physical exam and HIV test.
- Inclusion of good health certification and HIV test with visa
application.
- Panamanian police record.
- All required certified translations.
- All government stamps and seals (timbres fiscales) and
carnet issuance fees.
- Accompany applicant and spouse and dependents (if any) to
meetings with immigration authorities.
- The reception of the CoK visas (good for two
years).
* Click
here for
the detailed checklist and online form to be filled
out for processing your City of Knowledge immigration visa.
[ Up ] [ City of Knowledge Visa Form ]

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