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IMPACT – MEDIUM
What is the change? Panama has simplified the process for Reinstatement of Status applications.
What does the change mean? Permanent residents who have been outside of the country for more than two years, and no more than six years, can now apply for reinstatement without having to submit updated versions of the documents required in the initial permanent residence card application. Applicants for reinstatement must instead submit a copy of their passport, a notarized declaration explaining the reasons for travel, and copies of the permanent residence card and permanent residence card approval resolution through an authorized attorney within 30 business days of arrival in Panama.
Analysis & Comments: The change is good news for permanent residents applying for Reinstatement of Status, as they will no longer be required to collect and submit updated versions of the documents required during the initial application. Eligible nationals needing to submit a Reinstatement of Status should ensure that required documents are gathered far ahead of their travel, as an authorized attorney must still submit the application no later than 30 business days ahead of arrival.
Source: Deloitte. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities. DTTL (also referred to as “Deloitte Global”) and each of its member firms are legally separate and independent entities. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more. Deloitte Legal means the legal practices of Deloitte Touche Tohmatsu Limited member firms or their affiliates that provide legal services. For legal, regulatory and other reasons, not all member firms provide legal services. This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms or their related entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication. © 2019. For information, contact Deloitte Touche Tohmatsu Limited.
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