Strategically positioned between Central and South America, Panama is a global center for international banking. Significant seaborne trade — the result of the Panama Canal, connecting the Atlantic and Pacific oceans — offers investors access to the global commercial goods markets, from the USA to East Asia, Europe, and Oceania.
The Panama Residence by Investment Program, also known as the Panama golden visa, allows foreign nationals to make an investment into the country and apply for a residence permit.Enquiry Factsheet
Minimum investment of USD 100,000
30 days under the Qualified Investor route, or four–six months under the Friendly Nations and Forestry Investor routes
The right of free movement to Panama
Panama has a well-developed, service-based economy. The government’s residence by investment program is an opportunity for global investors to contribute to the tropical maritime nation’s development while acquiring residence status and the investment opportunities that come with the program. Under this program, high-net-worth individuals can make a contribution to the country and become Panamanian residents in 30 days or four–six months (depending on the investment option chosen), with the possibility to acquire citizenship after five years.
To qualify for residence, applicants are required to select one of the following three investment routes:
Applications must include completed application forms and should be accompanied by the appropriate fees and supporting documents, including details and the source (abroad) of the investment funds and the investor’s general data. Depending on the investment option chosen, the following documentation will be required: certificates from the Panama Public Registry, the National Authority of Land Ownership, the Securities House, and a license and/or registration certificate from the Panama Stock Exchange, as well as authenticated copies of the resolution granting the entity keeping the invested securities and a copy of the time deposit certificate.
Once the initial due diligence checks have been completed, then the application can be submitted. After further due diligence checks, the applicant can fulfill the requirements and the application may be approved.
The processing time for the residence application from the submission of the application to its approval is 30 days under the Qualified Investor route, or four–six months under the Friendly Nations and Forestry Investor routes.
The permanent residence permits are issued immediately (subject to review by the National Immigration Service) under the Qualified Investor and Forestry Investor routes, and after two years of holding a temporary residence permit under the Friendly Nations route.
Successful clients can apply for Panamanian citizenship after five years of residence. Citizens of some Latin American countries and Spain may acquire citizenship after one–three years.
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