About Panama
Panama sits in an ideal location between Central and South America. In recent years, Panama has earned the reputation of being a vibrant and rapidly developing nation known for its strong economy and dynamic business environment. It is best recognized for the world-famous Panama Canal (one of the busiest and most important trade routes on the planet) connecting the Atlantic and Pacific Oceans. Panama enjoys a tropical maritime climate, making it a well-regarded destination year-round for both business and leisure. The capital city, Panama City, is a thriving metropolis with a modern skyline, modern infrastructure, and a reputation as a leading international banking and logistics center. The official language is Spanish, though English is commonly used in business. Its economy is primarily service based, driven by sectors such as logistics, finance, real estate, and tourism. With its investor-friendly policies, stable governance, and favorable tax environment, Panama has emerged as an attractive destination for high-net-worth individuals looking for residency and long-term investment opportunities in the Americas.
Panama
Benefits of Panama Residence
Visa-Free
The right to live, work, and study in Panama
Family inclusion
Applicable to spouses, children under 18, full-time students up to 25, differently abled children of any age, and parents of any age
Strategic Access
Strategic access to Central, South, and North American markets. Strong logistics infrastructure, including the Panama Canal (one of the most strategically placed waterways globally)
Proximity to Regional Markets
Proximity to key regional markets such as Colombia, Ecuador, and Venezuela
Citizen Rights
Pathway to citizenship after five years of residence
Investment Friendly
A stable, investor-friendly economy with growing real estate and business opportunities
Travel Passport
This is not a citizenship, but a regular passport which can be used for travel purposes.
Who Can Obtain Panama Residence?
To qualify for the Panama Residence by Investment Programme, applicants must select one of the following investment routes and maintain the investment for a minimum of five years (unless otherwise stated):
1. Qualified Investor
USD 300,000 in real estate investment USD 500,000 investment in Panama’s stock exchange USD 750,000 fixed-term deposit in the Panamanian banking sector
Contact us for the latest investment details.
Panama Golden Visa Application Process
Process The application process to apply for the Panama residency by investment programme is straightforward, and it may take up to 16 months between initiating the process and receiving the citizenship documents. The application process can be divided into the following stages:
Assessment & Onboarding
- •Consult with Passport Legend’s client advisors.
- •Passport Legend’s due diligence check is conducted.
- •Client is onboarded and retainer fees are paid.
Application Submission
- • Client travels to Panama.
- •Investment requirements are fulfilled, legal process commences, and bank account is opened.
- •Biometrics appointment is booked in Panama.
- •Documents are prepared and an application for Panama Golden Residence Permit is submitted.
Application Processing
- •Application is processed.
- •Application is approved.
Passport Handover
- •Golden Residence Permit is granted.
- •Our team continues to support until the permit is stamped.
Cyprus Residency Through Investment FAQ's
How long does it take to obtain Panama residence?
Applications are typically processed within a few months, depending on the chosen investment route and due diligence clearance.
What are the investment options available?
Applicants may invest in real estate, the stock exchange, or fixed-term bank deposits under the Qualified Investor category, or choose the Forestry or Friendly Nations options.
Can family members be included in the application?
Yes. Spouses, dependent children, differently abled dependents, and parents of any age can be included.
Are there residence requirements to maintain the permit?
There are no strict physical residence requirements, although maintaining investment conditions and compliance with Panamanian immigration regulations is mandatory.
When can I apply for citizenship?
There are no strict physical residence requirements, although maintaining investment conditions and compliance with Panamanian immigration regulations is mandatory.
Does Panama recognize dual citizenship?
Yes. Panama allows dual citizenship, meaning investors are not required to renounce their existing nationality.
Overview
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Nestled in southwestern Europe, Portugal is a historic country that enthrals visitors with its rich blend of history, culture, and natural beauty. Portugal covers an area of approximately 92,212 square kilometres and has a population of over 10 million people.
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Global Citizen?
Our experts are ready to guide you through every step of the Panama Residence by Investment process. Schedule your private consultation today.