Is Panama the right registration?
Panama maintains a large international ship register and permits foreign individual and corporate ownership routes.
A provisional patent can be arranged first, followed by permanent registration after original, legalised and technical documents are completed. Private pleasure use and commercial operation must be separated from the beginning.
International owners who want a recognised open-register route and are comfortable with local representation and a provisional-to-permanent process.
You need a single lifetime document, no continuing fees, or cannot provide an apostilled ownership and deletion file.