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Provision für Käufer RETIREMENT VISA Pensioners and retirees who receive a monthly pension from foreign government, international organization or private company can apply for a permanent residence in Panama with the retirement visa. The pensioner must received a guarantee pension or income for life of minimum US$1,000.00. In case of dependent (spouse and children) an additional sum of US$ 250.00 for each muss be added. If the applicant buy a property in Panama with a minimum value of US$100,000.00, the required monthly pension would be reduced to US$750.00.

Provision für Käufer RETIREMENT VISA GENERAL REQUIREMENTS • Power of Attorney • Four (4) flesh-size photos • Full copy of the Passport duly registered and Authenticated by a Public Notary • Non-criminal record from the country of origin or residence of applicant • Good health certificate issued in Panama • Affidavit of personal background. • Letter of retirement, stating the monthly income for life. *Additional requirementes shall be requested in case of dependents.

Provision für Käufer RETIREMENT VISA BENEFITS • Total duty-free allowance for the importation of articles for domestic or personal use, up to the amount of US$10,000.00. • Total duty-free allowance every two (2) years for the importation of a motor vehicle for personal or family use. • 50% discount in Cinemas, Concerts, Sports. • 30% discount on public transportation. • 25% discount on airline tickets. • 50% discount on hotels from Monday to Thursday.

Provision für Käufer RETIREMENT VISA BENEFITS • 30% discount on hotels from Friday to Sunday. • 25% discount in Restaurants. • 15% discount on Fast Food Restaurants. • 15% discount in Hospitals (if Insurance does not apply). • 10% discount on medicines. • 20% discount on Medical Consultation. • 13.15% discount on eye exams and dental exams.

CONTACT US Karen Dorcy [email protected] + 49 151 1232 9668

This presentation is intended to be informational. Laws are constantly changing and therefore, before acting on any information, it is recommended seeking the advice of a legal counsel for the most current version of the law. Fischer & Cie. Consulting, Corp. is not responsible for any damages arising for the use of the information before consulting an attorney. 18. August 2022 DISCLAIMER

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Visa Services Provision für Käufer Digital Nomad Forestry Investor Friendly Nations Own Solvency Qualified Investor Work Permission Possible Possible Possible Possible Possible Tax on Foreign Income No No No No No Min. Investment in USD 0,00 100.000,00 200.000,00 300.000,00 500.000,00 – 750.000,00 Asset(s) min. Income of 36.000,00 p.a. Reforest Project Real Estate or Job- Contract Real Estate and/or Bank Deposit Real Estate, Bank Deposit Min. Time Invested Guarantees/Financing No No No No No Government Fees Nat. Treasury Paymt. 0,00 250,00 250,00 5.000,00 Immigr.-Service Paymt. 250,00 800,00 800,00 5.000,00 Provisional Residency Yes Yes Yes Yes No Time to permanent Residence No 2 years 2 years 2 years 30 days Time to Citizenship (after permanent Residence) No 5 years 5 years 5 years 5 years