Decree Law #16 of 30th of June of 1960, the Decree Law #13 of 20 of September of 1965, the Law 6ta of 5 of March of 1980, Law 47 of 1999 and Executive decree #52 of 19th of February of 2003, and Resolution 1.451 of 25 of February of 2005.
Approximated time of process: 2 to 4 months.
Candidates:
A domiciled legal person in Panama can contract a foreigner in order to work, temporarily within the company, as a Manager or Worker of Confidence, Technician or Expert. This permission grants to those foreigners of majority of age that can’t count on their own rents and work contracted by legal people as dependants perceiving in opinion of the National Office of Migration and Naturalization, sufficient minimum entrance, as long as it contributes Resolution sent by Ministry of Labor and Social Development that authorizes the Leave of Work within 15% of the Personnel Specialized as a Manager or Worker of Confidence. The National Office of Migration and Naturalization has fixed the solution or minimum entrance that must prove that the foreigner receives FIVE HUNDRED DOLLARS (USD$500.00) monthly, plus SEVENTY FIVE DOLLARS (USD$75.00) additional by each employee.

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