Get second residency and pay no tax in these 18 tax-free countries

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Facts

14.Panama

Panama has some of Latin America’s strongest offshore banks and has become an open country for immigration, especially for citizens of Western countries. For these citizens, Panama’s Friendly Nations visa program offers instant permanent residence with a low bank deposit of $5,000 and one “economic tie”, usually a Panamanian company or the title deed to real estate. Learn more about residency in Panama.

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