Residence Permit

How to Obtain Permanent Residency in Panama Through Investment

A luxury property transaction displayed on a computer, representing the option of obtaining permanent residency in Panama through real estate investment.
Panama has become an attractive destination for those looking to reside abroad due to its stable economy, high quality of life, and flexible immigration options. One of the most popular ways to obtain permanent residency is through investment. Whether you are from a country listed under the Friendly Nations Visa program or from a non-listed country, this article will guide you through all the available opportunities to meet the legal requirements. At Limitless Legal, we will explain how to take advantage of these programs and secure your future in this beautiful country.

Why Is Panama an Ideal Destination for Migrant Investors?

Panama offers multiple benefits for investors seeking permanent residency. The main reasons include:

  • Economic stability: Panama has a strong economy backed by the U.S. dollar.
  • High quality of life: Modern infrastructure, quality healthcare, and a relatively low cost of living compared to other countries.
  • Tax advantages: Panama has a favorable tax regime for both individuals and businesses.

Additionally, thanks to its immigration policies, investors can establish legal roots and enjoy a smooth transition into residency.

Investment Options to Obtain Residency

1. Real Estate Investment

One of the most popular ways to obtain permanent residency is by investing in real estate. According to Executive Decree No. 722 of 2020, you may qualify if you make a real estate investment of at least $300,000. This amount remains unchanged for now, making it a great opportunity to invest.

2. Fixed-Term Deposit

Another option is establishing a fixed-term deposit for a minimum period of three years in the Panamanian banking system. The required initial amount is USD 750,000.00.

3. Qualified Investor Permit

Recently introduced, this program allows individuals to obtain residency by making investments in various sectors, including the Panamanian stock market.

Note: At Limitless Legal, we can help you choose the best option based on your profile and objectives.

What If You Are From a Country Not Listed in the Friendly Nations Program?

Although the Friendly Nations Visa program offers a fast-track residency option for citizens of certain countries, those from non-listed countries have equally viable alternatives.

  • Qualified Investor Permit: Considered one of the most flexible ways to obtain residency, this permit is open to citizens of any nationality.
  • Specialized Programs: Depending on your profession or financial situation, you could qualify for other visas or immigration permits in Panama.

At Limitless Legal, we analyze your individual case to determine the best path to residency.

Application Process for Permanent Residency in Panama

To obtain permanent residency in Panama, you must follow a series of steps and meet the requirements established by immigration authorities.

  • Submit the application with all required documents.
  • Pay the applicable government fees.
  • Undergo an evaluation and verification process conducted by the National Immigration Service.

Once the application is approved, the applicant will receive their permanent residency card.

Advantages of Obtaining Permanent Residency in Panama

Obtaining permanent residence in Panama offers multiple benefits for foreigners, such as:

  • Access to investment and business opportunities.
  • Easy to open bank accounts and purchase properties.
  • Possibility to apply for Panamanian nationality after a certain period of residence.

In addition, Panama has a favorable climate for expatriates and a growing economy.

✍🏼 Take note...

The process of applying for permanent residency in Panama requires meeting specific requirements, submitting documents, and undergoing an immigration evaluation. Obtaining this residency provides numerous benefits, from investment opportunities to banking and property ownership advantages. Panama remains an attractive destination for expatriates seeking stability and growth.

Need help with obtaining permanent residency in Panama?

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