Your second residency.
Before you need it.
BUILD YOUR PLAN B
...For the unplanned.Lock in residency now for Panama or Paraguay.
No mandatory relocation until it makes sense.
A Plan B isn't an exit.
It's an option.
Set up residency now while requirements are open. Visit once every few years to maintain status. Move only when the timing works for you.
Read our approachCommon reasons people set up residency now.
Not seeing yourself in any of these? Skip ahead to view all 10 specific paths.
Jump to pathsPension
Inflation keeps eating into your pension... A Nest for it to stretch
Panama Pensionado gives you 25 to 50% legal discounts on healthcare, utilities, restaurants, and travel.
BEST FIT: Panama Pensionado · $1,000/month pension proof · 45 to 60 days
See retiree optionsBackup plan
You can't move yet (family, business, life)... Lock in a Plan B option
Lock in residency now while requirements stay open. Visit once every few years to maintain status.
BEST FIT: Paraguay Temporary Residency · no investment · ~90 days
Find your Plan BInvesting in residency
You have capital to protect... Find direct Permanent Residency
Investment-based pathways grant Permanent Residency on first approval. No 2-year wait.
BEST FIT: Panama Qualified Investor · $300K · 30 to 45 days
Compare investment pathsWorking remotely
Your online work is taxable everywhere... Establish a low to no tax residency
Both countries have 0% tax on foreign income. Stay flexible while building toward citizenship.
BEST FIT: Paraguay Temporary or Panama Friendly Nations · low investment
Compare tax structuresItalian citizen
Italian paying high taxes... Exercise your right to a treaty pathway
The Italy-Panama Treaty grants direct Permanent Residency with just a $5,000 bank balance — plus access to Panama's territorial tax system.
BEST FIT: Italy-Panama Treaty · $5,000 balance · ~60 days
See Italian pathwayLooking for Safety
You're worried about stability... Secure a residency option now
A second residency is the simplest insurance. The door stays open without needing to move.
BEST FIT: Either country · multiple pathways available
Compare your optionsNot seeing yourself in any of these?
See all 10 pathsWhy Panama.
Why Paraguay.
What life looks like. Why it works.
Find your path
Ten pathways, mapped by nationality and investment level.
Pensionado · $1,000/mo
45–60 days No investment
Italy-Panama Treaty
~60 days Work permit eligible
Qualified Investor
30–45 days $300K until Oct 15
Still not sure which fits?
30-minute consultation. We map your situation to the right path. Free, no obligation.
Talk with usWhy Plan B Expat?
Guidance from someone who has done it.
Practical residency strategy backed by real in-country experience. A clear process, proper compliance, and honest timelines from start to finish.
Trilingual
EN / FR / ES
Dual Permanent Resident
Paraguay & Panama
Firsthand Experience
In-country, not theoretical
Meet the founder
Michael Lederman
Permanent resident of Panama with firsthand experience in both Panama and Paraguay residency processes. 20 years as a real estate broker, trilingual (EN / FR / ES), MBA in International Business.
Read Michael's storyLatest from the blog
Paraguay Just Shortened the Road to Permanent Residency for Foreign Investors
Paraguay just opened three new routes to direct permanent residency: $150K in tourism, $200K in real estate, or $200K in the local stock exchange. No two-year provisional period. No job creation. Here is what the government actually announced, what is still being clarified, and how it compares to the existing $70K SUACE route.
Moving to Panama? CRA Taxes You on the Way Out
Canada taxes you on your way out. Panama doesn't tax foreign income. Here's how to make the move without getting burned by either country.
Why Paraguay? The Honest Case for a Residency Nobody Talks About
Paraguay is landlocked, lesser known, and nobody's first pick for a second residency. That's exactly why it works for a specific kind of person. Here's the honest case, minus the paradise brochure language.
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