Easy permanent residence with Panama Friendly Nations visa

“Last year, the Panamanian government introduced its ‘Friendly Nations visa’, a permanent residence scheme for citizens of select ‘friendly’ countries.  Since its introduction, the government has added a total of 47 countries.  Qualifying for this visa is remarkably easy. Yes, there is still government paperwork and I’m told it could take up to nine months to process.  However, the barrier to entry is unbelievably low. You simply need to deposit $5,000 in a Panamanian bank account (plus $2,000 for each additional dependent, if applicable) and demonstrate some tie of ‘economic activity’ to Panama in the form of starting or buying a business, owning real estate, or even getting a job.”

http://nomadcapitalist.com/2013/02/07/panama-residence-program-means-you-have-no-excuses-anymore/

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