Panama Citizenship by Investment: 4 ways to obtain it

The Golden Visa: Panama Permanent Residency in 30 days

In Panama, there are investment residency programs that allow the applicant to obtain permanent residency, one of them in only 30 days.

Also applicants can get the Panama Citizenship on a time frame of 1 to 5 years after get permanent residency.

Panama Citizenship by Investment
Panama Citizenship by Investment

Below we show 4 options for acquiring residency and citizenship by investment in Panama:

Panama Qualified Investor Visa

INVESTMENT REQUIRED

  • At least 300.000 USD on Real Estate Investments.
  • or at least 500.000 USD on Securities issued in the Panama Stock Exchange.
  • or at least 500.000 USD Opening of Time Deposits in Local Banks in Panama.

Timeframe

Panama Permanent Residency30 days
Panama Citizenship 1 – 5 years
Timeframe to get Panama Permanent Residency and Panama Citizenship by Investment with a Panama Qualified Investor Visa

About investment amount for Golden Visa

To obtain the golden visa requires a minimum investment of $500,000.00 free of encumbrances; with the entry into force of Executive Decree No. 109 of 2022, the minimum investment in real estate must be at least USD $300,000 (instead of USD $500,000) until October 15, 2024. If it is with opening of a Time Deposit in Local Banks in Panama: US$750,000.00

Panama Self Solvency Visa

INVESTMENT REQUIRED

  • At least 300.000 USD on Real Estate Investments.
  • or at least 300.000 USD Opening of Time Deposits in Local Banks in Panama.

Timeframe

Panama Permanent Residency3 years
Panama Citizenship 1 – 5 years after permanent residency
Timeframe to get Panama Permanent Residency and Panama Citizenship by Panama Self Solvency Visa

About Panama Self Solvency Visa

It is a procedure designed to attract investors to Panama by offering them permanent residence while making investments in capital goods (such as real estate in Panama) or in fixed-term bank accounts in a bank with a general license in the Republic of Panama.

Check out this article where we explain in depth the requirements and processes to obtain the Panama Self Solvency Visa

Panama Friendly Nations Visa

INVESTMENT REQUIRED

  • At least 200.000 USD on Real Estate Investments.
  • or at least 200.000 USD Opening of Time Deposits in Local Banks in Panama.

Timeframe

Panama Permanent Residency3 years
Panama Citizenship 1 – 5 years after permanent residency
Timeframe to get Panama Permanent Residency and Panama Citizenship by Panama Friendly Nations Visa

About investment amount for Panama Friendly Nations Visa

Friendly nations visa program is a residence permit program in Panama, which grant Panamanian residency card to citizens of some specific countries (see Friendly Nations Visa Countries here) who meet all requirements.

Check out this article where we explain in depth the requirements and processes to obtain the Panama Friendly Nations Visa

Panama Forestry Investor Visa

INVESTMENT REQUIRED

  • At least 100.000 USD through the purchase of a minimum of 5 hectares of land to implement a forestry plantation project endorsed by the Government of Panama.

Timeframe

Panama Permanent Residency5 years
Panama Citizenship 1 – 5 years after permanent residency
Timeframe to get Panama Permanent Residency and Panama Citizenship by Panama Forestry Investor Visa

About Panama Forestry Investor Visa

Foreigners who invest on their own account or through a legal entity in reforestation or authorized forest plantation activities, or any other activity authorized by the National Environmental Authority, of at least 5 hectares and whose minimum investment is one hundred thousand U.S. Dollars.

Differences between Panama Citizenship by Investment and Panama Permanent Residency

The Panama Permanent Residency allows foreigners to reside indefinitely in the country without being Panamanian citizens, even they can enjoy the benefit of avoiding double taxation if they reside for more than 180 days in Panama during the fiscal period.

While Panamanian citizenship lets holders enjoy all the rights and privileges of native-born citizens, including the right to vote and hold public office, and gives applicant the opportunity to get a Panamanian passport.

Panama Citizenship by Investment Requirements

To be eligible for the Citizenship by Investment program, applicants must have been permanent resident for one to five years (it depends of applicant nationality), must fulfill specific criteria related to their investment, financial standing, and background. The application process involves thorough due diligence, background checks, and the submission of comprehensive documentation to demonstrate compliance with program requirements. Engaging the services of a reputable immigration attorney or agency is advisable to navigate this process successfully.

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Law Source https://www.migracion.gob.pa/