Very good news for all those with Italian citizenship, because it has been announce the re-application of the International Convention between Italy and Panama, which grants residence and work permits to those Italians who want to live in Panama.
The Law 15 of February 1, 1966 covered by the Treaty Friendship, Commerce and Navigation between the Republic of Panama and the Republic of Italy, allows that citizens of each of the contracting parties enjoy in the territory of the other national treatment with regard to admission to business or professional of any kind and the pursuit of such activities with the exception of the exercise of the retail trade.
The Law 15 of February 1, 1966 covered by the Treaty Friendship, Commerce and Navigation between the Republic of Panama and the Republic of Italy, allows that citizens of each of the contracting parties enjoy in the territory of the other national treatment with regard to admission to business or professional of any kind and the pursuit of such activities with the exception of the exercise of the retail trade.
Since then, the Treaty had been kept in force until the entry of the Decree Law No. 3 of February 22, 2008 which suspends the granting of this type of residence permit for various reasons. However, this year, through the efforts of the Embassy of Italy and several law firms made the National Migration restored the effects of the Treaty of Friendship signed between Panama and Italy, which shows the commitment of the Government to meet its International affairs.
