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Are you looking for a better quality of life for you and your family, or perhaps new opportunities overseas to expand your business or diversify your investments, but still feeling unsure after exploring different possibilities? We know it’s a big decision, and there’s never a straightforward answer. So why not ask the experts—those who have walked the same path before you and, after navigating all the intricacies, can now share their opinions?
We looked at what the largest online expat community had to say, combining their insights with our own experience and the experiences of the hundreds of applicants we’ve helped relocate to different countries. Whether they are professionals with families, digital nomads, retirees, entrepreneurs, or investors, their experiences provide valuable insights into where you should focus your attention in 2024.
If you're ready to explore your options for residency in Europe and take advantage of a Golden Visa program, you're in the right place! Our team has extensive experience assisting applicants from diverse backgrounds in obtaining their residency and citizenship through investment. Connect with us for a personalized assessment, click here.
After several years of shifting economic conditions and a pandemic that changed the way we live and work, global citizens are rethinking their priorities. For many, it’s not just about finding a good place to retire or relax but also a location that supports long-term growth, business expansion, and financial security. Countries that offer stable economies, attractive investment opportunities, and easy global mobility are on top of the list. Based on our own experiences—and backed by InterNations, the global expat community—Panama stands out as an ideal destination.
When asked about the best country for immigration in 2024, Panama repeatedly ranks at the top. According to the Expat Insider 2024 survey, Panama is rated the number one destination globally, surpassing many popular countries such as Mexico, Indonesia, and Spain. It isn’t just one factor that makes Panama stand out—it’s a combination of ease of integration, financial benefits, and its business-friendly environment.
If you're ready to explore your options for residency in Panama and take advantage of the Panama Golden Visa program, you're in the right place! Our team has extensive experience assisting applicants from diverse backgrounds in obtaining their Panama residency through investment. Connect with us for a personalized assessment, click here.
Panama stands out because of its unique ability to cater to a wide variety of needs. For those seeking business opportunities, Panama’s strategic location and dollarized economy make it an ideal hub for international operations. Its tax advantages, particularly the territorial tax system (where foreign income is not taxed), appeal to entrepreneurs and high-net-worth individuals.
For those looking to settle, Panama offers an exceptional quality of life with affordable housing, a welcoming community, and excellent healthcare services. Nearly three-quarters of expats feel comfortable with their financial situation in Panama, and over 80% of them report being happy with their life in the country.
Panama provides numerous visa options that cater specifically to investors, such as the Qualified Investor Visa, aka Golden Visa. It allows global investors to establish residency through real estate, securities, or business investments. This flexibility makes Panama not only a place to live but a key component of any international business strategy.
The country’s location—right at the heart of the Americas—offers easy access to North and South American markets, and the Panama Canal ensures it remains a critical part of global trade routes. For global citizens seeking to expand their business reach or diversify their investments, Panama offers opportunities that few countries can match.
If you're ready to explore your options for residency in Panama and take advantage of the Panama Golden Visa program, you're in the right place! Our team has extensive experience assisting applicants from diverse backgrounds in obtaining their Panama residency through investment. Connect with us for a personalized assessment, click here.
While Panama is clearly the frontrunner in 2024, it’s important to compare how it stacks up against other popular and less desirable destinations. Panama’s high ranking doesn’t mean there aren’t other options—but they don’t offer the same well-rounded benefits.
Mexico is often seen as a strong contender for global citizens looking to relocate, thanks to its vibrant culture and relatively low cost of living. In fact, Mexico ranks just behind Panama in 2024, coming in at second place. Mexico offers affordable housing and a welcoming atmosphere, particularly for those from North America. However, it falls short in areas such as safety and long-term financial security.
While Panama is regarded as a very safe country with low crime rates and stable government policies, Mexico continues to struggle with safety concerns, with only 66% of expats feeling safe there compared to Panama’s 90%. Additionally, Mexico's tax benefits aren't as favorable as Panama’s, especially for high-income individuals.
If you're ready to explore your options for residency in Panama and take advantage of the Panama Golden Visa program, you're in the right place! Our team has extensive experience assisting applicants from diverse backgrounds in obtaining their Panama residency through investment. Connect with us for a personalized assessment, click here.
On the other end of the spectrum, countries like Kuwait illustrate what global citizens are trying to avoid. Ranked at the very bottom of the list for 2024, Kuwait offers limited personal freedoms, challenging working conditions, and a lack of basic infrastructure. Expats report difficulties with social integration and dissatisfaction with the overall quality of life. Similarly, Turkey has ranked as one of the worst countries for working abroad, with expats facing bureaucracy, poor career opportunities, and dissatisfaction with job security. Finland, despite its beautiful landscapes, also fell to the bottom of the list due to high costs of living, difficulties settling in, and a declining work-life balance. These countries highlight the importance of choosing a destination that offers not only opportunities but also long-term stability and a welcoming environment.
It’s clear that Panama has earned its place as the best country for immigration in 2024, offering an unparalleled mix of business opportunities, global mobility, and lifestyle improvements. Compared to other nations, Panama stands out for its balanced appeal—it is equally suitable for business owners looking to expand globally and individuals seeking a better quality of life.
Whether you're an investor, an entrepreneur, or a family looking for a new beginning, Panama provides the stability, opportunity, and quality of life that global citizens crave.
If you're ready to explore your options for residency in Panama and take advantage of the Panama Golden Visa program, you're in the right place! Our team has extensive experience assisting applicants from diverse backgrounds in obtaining their Panama residency through investment. Connect with us for a personalized assessment, click here.
FAQs
Panama offers flexible residency options, a powerful passport with visa-free access to over 140 countries, and strategic geographical positioning, making it an ideal base for global citizens.
While Mexico offers a low cost of living and a welcoming culture, Panama surpasses Mexico in safety, financial security, and long-term investment benefits.
Panama provides several visa programs for investors, including the Qualified Investor Visa, which allows for residency through investments in real estate, securities, or businesses.
Panama operates on a territorial tax system, meaning foreign income is not taxed. This makes it highly attractive for entrepreneurs and investors who earn income globally.
Yes, Panama offers a high quality of life, affordable housing, excellent healthcare, and a welcoming community, making it an ideal destination for families seeking a better lifestyle abroad.
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If you're ready to explore your options for residency and take advantage of the Golden Visa or Residency programs, you're in the right place! Our team is experienced, having assisted applicants from various backgrounds in obtaining their residency through investment. Reach out to us now, click here.
If you’re ready to apply and would like a 1-on-1 session with one of immigration team members at INGWE, you can also book a session directly using this consultation link.
