|Panama City Skyline|
Photo by JurriaanH
The law is maddeningly vague and it's for people who can demonstrate specific economic or professional activity in Panama, are financially solvent (you only need a bank account with at least four figures!), and are not criminals. It applies to nationals from the following list of countries:
- United States
I find that list very interesting. The UK and Portugal are not on that list, for example, though I would have expected that.
The correspondent who tipped me off about this informed me that merely starting a business in Panama should be enough to qualify. As far as I can tell, accepting a job in Panama should also let you qualify.
Check out this English language description of the law at panama-guide.com.