Qualified Investor Visa
Through Executive Decree No. 722 of October 15, 2020, the Republic of Panama created the Qualified Investor Visa which grants Permanent Resident in the country.
With this decree, permanent residence is granted in a single stage to those foreigners who invest a minimum amount between of US$500,000.00 and US$ 750,000.00 from a foreign source, personally or through a legal entity.
To maintain the Permanent Residence, the investment shall be kept for a minimum period of five (5) years. If the investment ceases or ceases to exist before the completion of the term, the authorities will have the right to cancel the granted permanent residence.
| INVESTMENT OPTION | MIN. INVEST |
|---|---|
| REAL ESTATE INVESTMENT | US$ 500,000.00 |
| REAL ESTATE INVESTMENT THROUGH A PROMISE PURCHASE CONTRACT (it must be done through a trust deposit managed by a bank or trust company within the country) |
US$ 500,000.00 |
| FIXED TERM DEPOSIT IN BANKING SECTOR | US$ 750,000.00 |
| DUE TO INVESTMENTS THROUGH A BROKERAGE HOUSE WITH A LICENSE APPROVED BY THE SUPERINTENDENCE OF THE STOCK MARKET OF PANAMA | US$ 500,000.00 |
The foreigner, through his attorney, may initiate the residency application process without necessarily having entered the country. Once the Applicant arrives in Panamanian territory, it will be necessary to completes the affiliation process to be able to issue any Migration Identity card.
The procedure will be handled by a special office (Single Window), designed to deal with these requests within a period of thirty (30) business days.
For more information on these issues, please contact.
