Panama - The Plan B Paradise

Plan B residency and citizenship programs are quickly growing in popularity amongst people from the US, Australia, the UK, and Europe, with Bitcoiners in particular taking full advantage of having borderless wealth.

And is it really any surprise? Governments throughout the West have been progressively eroding their citizens’ rights, taxing them to oblivion, limiting their free speech, and making a mockery of the social contract. Why wouldn’t people start looking for a better deal?

In Australia, the government is looking at taxing unrealised gains; in Europe, political leaders are talking about using people’s pensions to fund the war machine; and in the UK, there are talks of an IMF bailout while the government is busy jailing citizens for daring to express their discontent on social media.

The headlines speak for themselves….

And of course, let’s not forget that it was less than 12 months ago that the incoming President of the United States was almost assassinated! Had that bullet found its intended destination, there’s no telling what kind of chaos and violence could have unfolded.

The West is no longer the peaceful epitome of stability it once was. It’s no longer safe in major European cities like London or Paris; bankrupt governments are introducing wealth and exit taxes to try and prop up their failing monetary Ponzis, and any form of dissent from their impoverished citizens is crushed with increasingly draconian censorship.

This must be what a debt spiral looks like in practice. The West is beginning to collapse under the weight of its own economic hubris, and as usual, it’s the average working citizen who will end up paying the price.

Thankfully, Bitcoiners have more options than most people. They don’t have to just sit there and put up with it. When your money can traverse borders without any restriction, the potential friction you might face when trying to leave a failing society decreases dramatically.

When you’re holding Bitcoin, you can vote with your feet and find a safe place to sit back and watch the collapse of Rome…

One of our favourite places to do that is Panama. It’s an ideal location where you can find freedom, sovereignty, and it’s a great option to explore if you’re considering putting a ‘Plan B’ in place.

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Panama – The Perfect ‘Plan B’

Looking for a Plan B option isn’t just about having somewhere to ‘bug out’ to. It’s not just about survival from some sort of potential apocalypse. It’s about respecting yourself enough to seek out the best deal for you and your family. It’s about maximising your happiness, your freedoms, and your opportunities.

If you’re seriously considering a ‘Plan B,’ then it’s important you find a place that aligns with your core values.

For us, that place is Panama. It offers a seamless blend of accessibility, modern amenities, and a welcoming approach to Bitcoin that sets it apart from most other nations.

Welcoming Residency Programs

When you’ve become numb to government bureaucracy in your home country, the efficiency and ease of the Panamanian residency programs really are a breath of fresh air. Yes, you will have to follow all the legal and financial processes correctly, but provided you have the right team around you, it should be a painless and efficient experience.

Depending on your circumstances, there are a variety of straightforward ways to obtain residency in Panama. The Friendly Nations Visa is available to citizens in over 50 countries, including the US, Canada, and most EU countries, and there are also straightforward routes for investors and retirees with a provable income.

In most cases, new residents will find themselves on a pathway to full citizenship in as little as 5 years, giving them a robust backup passport without having to relinquish their original nationality or permanently relocate.

Quality of Life in Panama

Panama delivers a quality of life comparable to any developed nation. Its modern infrastructure includes efficient transportation networks, high-speed internet, and access to top-quality healthcare from physicians who were predominantly trained in the U.S.

Panama is also a great place to raise a family. There are high-quality local and international schools, the streets are clean and safe, and crime is low, with Panama ranking as one of Latin America’s safest countries.

You can have a fantastic quality of life in Panama. Whether you enjoy fine dining and nightlife in Panama City’s modern metropolis, or prefer the serenity of pristine natural environments, Panama has something for everyone.

If you do choose Panama as your ‘Plan B’ and start spending time there, don’t be surprised if it quickly becomes your ‘Plan A’ instead.

Bitcoin Friendly Tax Legislation

Panama is a particularly attractive ‘Plan B’ option for Bitcoiners because the legislation around it is sensible and forward-thinking. First and foremost, if you spend your Bitcoin in Panama, the government doesn’t consider this a ‘disposal,’ and you won’t be liable for any capital gains. In fact, you can even pay for government services in Bitcoin.

That’s incredibly refreshing when all you want to do is use Bitcoin as money. In Panama, you can easily live on a Bitcoin standard without having to face an accounting and taxation nightmare every time you buy a cup of coffee with it.

Panama also has no wealth taxes, no inheritance taxes, no taxes on foreign assets, and low rates of VAT. If you’re in Europe, Canada, or the USA, you’re almost certainly getting a worse deal.

Sovereignty and Freedom

If you’re from pretty much any Western nation, you’ll find that the weight of government doesn’t rest so heavily on your shoulders in Panama. There is no central bank, no military, and the state doesn’t get involved in every aspect of your day-to-day affairs.
Residents enjoy safety, security, and sovereignty with minimal government interference, and firearm ownership is legal to allow you to protect yourself and your family.

Panama ticks a lot of boxes if you’re a Bitcoiner looking to exercise your sovereignty and live life on your terms.

Our Latest Trip to Panama

At The Bitcoin Way, we can do more than just help you secure your Bitcoin. We help you become fully self-sovereign. To date, we’ve helped hundreds of people secure second residencies in Panama, and in the process have created a very strong community of passionate, capable, freedom-seeking Bitcoiners.

Ahmed even made friends with the Mayor!

Our latest trip to Panama saw 30 people from 7 different countries join us for 5 days. We had Bitcoiners from the US, Australia, the UK, Germany, Canada, Belgium, and Sweden all there to secure or maintain their second residency.

Even with a small army of plebs with us, everyone in the group was either handed their first residency permit or had an existing one renewed within just 4 days. We take care of everything, leaving plenty of time to explore, connect with each other, and talk deep into the night about the separation of money and state.

We have so much fun on these trips we could wax lyrical about them all day. But we couldn’t sum the trip up better than this fantastic feedback we got from one of our clients:

White Glove Service All the Way! Choosing to move forward with a Plan B Residency is a significant life decision. The Bitcoin Way has thoroughly researched every detail and ensures everything is completely covered. The process, instructions, and preparation are crystal clear. White Glove Service begins from the very first contact. There is plenty of virtual “hand-holding” through the comprehensive documentation needed to ensure the process goes smoothly. Part of the journey involves entrusting our passports to the local attorney to begin the legal process. We felt completely confident entrusting our passports to The Bitcoin Way because of the security and professionalism demonstrated by everyone involved.

Meeting Endi and Ahmed in person on our first trip established this confidence right from the start. On our second trip, Amra added a personal touch by collecting our passports and IDs during a brunch meeting. Meeting Tony in real life was a wonderful surprise—he brought a smiling, warm, and congenial presence, along with his prophetic passion for the sovereign self-custody of Bitcoin. Learning more of his story turning trauma into triumph and transforming destruction into weaponization for the enlightenment and empowerment of others, lodges deeply in our souls. What is truly remarkable about The Bitcoin Way is their hallmark acceptance and non-shaming attitude toward those who make mistakes. Ahmed, your willingness to drive us to the mall and back for “pantalones” became a fun memory and a highlight of our trip—Tom calls it “true black pant service.”

The evening gatherings were spectacular. The first event at Filomena was truly wondrous—Tom described it as “magical” to take in the skyline and meet other Bitcoiners. The jazz night provided even more opportunities to hear stories of how others found their way to Bitcoin and The Bitcoin Way. The rooftop bar evening was a perfect opportunity to say goodbye and make plans for our next trip to Panama, where we look forward to reconnecting with The Bitcoin Way friends/team and our new Plan B friends.

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Become Borderless – The Bitcoin Way

If you’re using Bitcoin, your money is borderless. You can go anywhere on the planet and have full unencumbered access to your wealth. If that doesn’t spark your imagination, nothing will.

When you have freed yourself from the legacy financial system, the next logical step is to start exploring other ways to maximise your freedom. Securing a second residency is that logical step. It’s a great way to provide your family with more options, more security, and most importantly, more adventure.

When you’re ready to flex your sovereignty and become a truly global operator, then we’d love you to join us on our next trip. Just book a free 30-minute call with one of our team members and we can start helping you explore!