The Panama Qualified Investment Immigration procedure, often known as the Panama Golden Visa, is a residency-by-investment procedure that normally takes fewer than 30 days to complete.
The program necessitates a minimum investment of USD 300,000, which must be held for at least 5 years.
Panama’s golden visa provides investors with perpetual residency without the necessity for physical presence. Keeping your permanent resident status requires you to visit Panama at least every two years.
Investors can qualify through real estate purchases, bank deposits, or fund investment.
The Panama Investment Residence Program
Panama has a thriving service-based economy. The government’s residence by investment initiative allows worldwide investors to contribute to the development of the tropical marine nation while gaining residence status and the investment opportunities that come with it.
High-net-worth individuals can contribute to the country and become Panamanian residents in 30 days or four to six months (depending on the investment option chosen), with the option of acquiring Panama citizenship after five years under this permanent residency program.
The Benefits of a Panamanian Golden Visa
This residency visa is applicable to a spouse, children under the age of 18, children aged 18-25 who are single, full-time students with no children, children of any age who are physically or mentally differently abled, and parents of any age.
Panama is one of the world’s most strategically positioned countries in Latin America, with the Panama canal as one of the most used waterways, and motor vehicles, products and grains, petroleum, and coal being the primary commodities transported through it.
Proximity to Colombia, Ecuador, and Venezuela, which allows for easier access to business prospects with these countries.
The prerequisites for the Panama Golden Visa
To be eligible for residency, applicants must choose one of three investment options:
1. Experienced Investor Visa
To preserve permanent residency status, investments must be held for at least five years. There are additional government fees for the main applicant and dependents.
Choose one of the following:
- USD 300,000 in real estate investment
- USD 500,000 in stock exchange investment
- USD 750,000 in banking fixed-term deposit
2. Friendly Nations visa
Citizens of one of Panama’s ‘friendly nations’ (contact us for the most up-to-date list of friendly states).
Choose one of the following:
- A USD 200,000 real estate investment
- A USD 200,000 fixed-term deposit
- Employment with a Panamanian company for labor reasons
3. Investor in Forestry
Invest in a corporation with a forest registration registered with the Ministry of Environment.
Choose one of the following:
- A $100,000 property investment.
- A $100,000 teak reforestation investment. This option allows the candidate to stay in the country for two years before applying for permanent residency.
- A USD 350,000 investment in teak reforestation. This option allows for immediate permanent residency.
