Panama for Spanish nationals
Your life can continue in Spain while you build a second option in Panama: residency, investment and a business presence, with guidance at every step.
Message us on WhatsAppPanama for Spanish nationals: residency, investment and a Plan B beyond Europe
Your life stays in Spain. Your assets do not have to sit in a single jurisdiction.
Residency, investment or an international business presence need not be a reaction to urgency. They can form part of a gradual strategy to broaden your options, diversify part of your wealth and move closer to new markets.
Assess my Panama Plan BA single base
Residency, professional activity, property, investments, financial relationships and wealth concentrated in Spain and in euros. This may be a valid structure, but it offers fewer geographical alternatives when plans change.
Spain + Panama
Spain remains the centre of your life while Panama opens a second path: potential residency, US-dollar assets, real estate investment or a business platform for Latin America, according to your objectives and legal profile.
Does it make sense for every one of your options to depend on a single jurisdiction?
One strategy, different points of entry
Not everyone needs the same solution. The starting point is identifying which option adds genuine value to your circumstances.
Panama residency for Spanish nationals
Assess the immigration categories compatible with your profile, resources and family plans.
Investing in Panama from Spain
Explore US-dollar opportunities and a presence beyond Europe with clear objectives.
Buying property in Panama
Integrate a property purchase into a legal, financial and, where applicable, immigration strategy.
Opening a company in Panama
Explore a platform for Latin American operations with economic purpose and proper compliance.
Panama as a second residence
Prepare a legal alternative before you need it, without having to leave Spain today.
Spanish retirees in Panama
Review whether a lifetime pension and your retirement plans fit the available options.
Tax residency: Panama vs Spain
Understand what does and does not change when you obtain immigration residency outside the European Union.
A wealth plan B outside Europe
Prepare an orderly alternative in advance: possible residency, dollar-denominated assets and a corporate structure where appropriate.
Building a second base, step by step
Open each topic to learn the main criteria worth reviewing before making a decision.
Tax residency: Panama and Spain side by side
An indicative table to avoid the most common confusion: holding immigration residency in Panama is not the same as changing tax residency.
| Criterion | Panama | Spain |
|---|---|---|
| Basis of taxation | Territorial system: generally only Panamanian-source income is taxed. | Worldwide income for anyone holding tax residency there. |
| How tax residency is determined | Based on effective presence and the centre of economic interests in the country. | More than 183 days of presence, the core of activities or economic interests, and family presumptions. |
| Effect of the immigration permit | Allows you to reside legally under the conditions of your category. | On its own it does not change Spanish tax residency. |
| Reference currency | The US dollar is used day to day. | Euro. |
| Reporting duties | Beneficial owner registry and corporate compliance for Panamanian companies. | Reporting duties on assets and rights held abroad, subject to the thresholds in force. |
| Companies | Local or offshore company with a mandatory resident agent and a clear economic purpose. | Owning a foreign company does not remove the resident shareholder's own obligations. |
Informative table, not tax advice. Each case must be reviewed against the rules in force in both countries.
Spain can remain your home. Panama can become your second base.
Tell us what you want to protect, develop or prepare. NAWA coordinates an initial assessment to identify the immigration, wealth and business alternatives worth exploring in your case.
Assess my Panama Plan BGeneral information only; not individual legal, immigration, financial or tax advice. Eligibility, tax effects and obligations in Spain and Panama depend on each case and current law.
Who is this route for?
- Spanish nationals seeking a second residency outside the European Union.
- Professionals and entrepreneurs who want to operate from a dollarised country.
- Investors interested in real estate or fixed-term deposits in Panama.
- Spanish retirees planning long stays in the tropics.
- Families preparing a move with a spouse and dependent children.
- Business owners who need a Panamanian corporate structure with a resident agent.
Key points for a Spanish citizen
Spain is part of the agreement
Spanish nationality gives direct access to the Friendly Nations Agreement, one of the country's most used residency routes.
A genuine tie is required
The file is supported by an employment contract, professional activity or an actual investment in Panama.
Documents from Spain
Police records from the Ministry of Justice and civil registry certificates are validated with the Hague Apostille.
Degree revalidation
To practise a regulated profession, the Spanish university degree is revalidated at the University of Panama.
Residency is not tax domicile
Panamanian residency alone does not change your tax residency: that depends on each country's presence and centre-of-interest tests.
Reporting duties
Anyone keeping Spanish tax residency should review their reporting obligations on assets and rights held abroad.
Documents usually required from Spain
General guidance: requirements may change under current regulations. We confirm the exact list when we review your case.
- 01Valid Spanish passport.
- 02Apostilled police record certificate from the Ministry of Justice.
- 03Proof of the tie: employment contract, professional activity or investment in Panama.
- 04Health certificate issued in Panama.
- 05Apostilled marriage and birth certificates for dependants.
- 06Apostilled university degree if you choose the professional route.
- 07Power of attorney granted to a licensed Panamanian lawyer.
How we work
A clear process, from start to finish.
Assessment of your case
You tell us your situation on WhatsApp and we advise which immigration route fits you.
Plan and documents
You receive the exact document list and we prepare your complete file.
Filing the application
We handle Immigration, notaries and the remaining procedures. You simply sign.
Receiving your residency
We stay with you until your resident card is in your hands.
Questions from residents in Spain
Other immigration procedures and legal services
Panama residency
Every immigration route to obtain Panamanian residency, based on your nationality and profile.
Work permit
Work permit categories before the Ministry of Labour and ongoing renewal tracking.
Friendly Nations, Pensioners and Investors
The three most requested residency programmes, with requirements and benefits explained.
Procedures, documents and apostilles
Preparation, apostille, legalisation and translation of every document your file requires.
Legal services in Panama
Companies, tax compliance, trademarks, property and family matters for foreigners and businesses.
Other services by Nawa Group S.A.
Tell us about your case
Initial assessment at no cost. We reply promptly and tell you which route applies to you.
Message on WhatsAppLegal notice: the information on this page is general and informative in nature and does not constitute definitive legal advice. Eligibility for any programme depends on your particular case and Panamanian regulations may change. We recommend a personalized consultation to assess your situation.