Hi,
As I understand it, you're supposed to open a bank account and deposit at least $5k in panama, then start your business.
And if you're from the US then the Visa part is already taken care of.
However, is there any other formality/paperwork/application that has to be filled out before hand?
And if not, then do you handle the legal processing of the business just as you would in the states with a lawyer or filing your own LLC?
I'm having trouble finding anything other than conceptual information, even when asking the embassy and such.
Does anyone on here have experience with the process of working toward citizenship and permanent residence in Panama?