Tax residence in Panama but living in a different country

wdf123 said:

Hi.

So, I've been thinking about moving my tax residence over to Panama but, on a personal level, I'd like to physically live somewhere else. I'm aware that most of the countries would only allow me to stay for ~6 months if I'm not a tax residence, but I thought of asking: do you know some exceptions to the rule? I mean, places where I could be non-tax resident but still allowed to stay longer than ~6 months?

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Tax Residency and Tax Certificate​

Becoming a permanent resident will not automatically make you a tax resident in Panama. The terms of becoming a tax resident are stated in article 762-N of the Tax Code, executive decree 958 of 2016, issued by Dirección General de Ingresos.

In order to be considered a tax resident, you need to meet either one of the following criteria:

• be present in Panama for more than 183 calendar days in a tax year or the year immediately preceding.
• show proof that you have established your permanent home in Panama

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