Panama

Panama's Friendly Nations visa might be Central America's best-kept secret. Since 2012, citizens from 47 specific countries have been getting residency in Panama faster and cheaper than almost anywhere else in the world.

While tax optimization and regulatory arbitrage drive most residency decisions, Panama offers something few other jurisdictions can deliver: proximity without presence requirements. Three hours from Miami. Five hours from New York. Same time zone as the Eastern United States. This creates competitive advantage, not just convenience.