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From Dreams to Destinations

Panama Residence Permit

Panama offers residency by investment through programs like the Qualified Investor Visa, Friendly Nations Visa, and Forestry Investor Visa. You can invest in real estate, bank deposits, stocks, or approved reforestation projects to get residency.

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Advantages of Becoming a Panama Resident

Easy Path to Citizenship

When you get permanent residency in Panama, you can apply for citizenship after five years. You only need to show some basic Spanish language skills and civic knowledge.

How to Qualify for Panama Residence by Investment

Qualified Investor Visa

Investment Options:

  • Real Estate: Buy property worth USD 300,000 or more in approved areas
  • Bank Deposit: Place USD 750,000 in a fixed-term deposit at a Panamanian bank
  • Panamanian Securities: Invest USD 500,000 in government-approved stocks or bonds
  • Residency Status: You get permanent residency right after approval
  • Processing Time: Usually around 30-60 days
  • Citizenship: You can apply after 5 years of permanent residency
Qualified Investor Visa requirements for Panama residency

Friendly Nations Visa

Eligibility: Citizens of countries that have friendly relations with Panama.

Investment Options:

  • Real Estate: Buy property worth USD 200,000 or more
  • Bank Deposit: Deposit USD 200,000 in a Panamanian bank
  • Business Investment: Start or invest in a Panama-based business
  • Residency Status: You will get temporary residency for 2 years, which can become permanent after 2 years
  • Processing Time: About 4-6 months
  • Citizenship: You can apply after 5 years of permanent residency
Friendly Nations Visa requirements for Panama residency

Forestry Investor Visa

Investment Options:

  • Temporary Residency: Invest USD 100,000 in approved teak or mahogany reforestation projects for 2 years
  • Permanent Residency: Invest USD 350,000 in reforestation projects to get permanent residency immediately
  • Processing Time: Usually 60-180 days, depending on the project
  • Citizenship: You can apply after 5 years of permanent residency
Forestry Investor Visa requirements for Panama residency

Panama Residence Permit - Eligibility

  • You must be at least 18 years old
  • Meet the minimum investment for the program you choose:
    • Qualified Investor Visa: USD 300,000–750,000
    • Friendly Nations Visa: USD 200,000 or more
    • Forestry Investor Visa: USD 100,000–350,000
  • Show that your funds are legally obtained
  • Meet Panama's health and character requirements

Your Gateway to Global Citizenship

Traveling and going on business trips to a plethora of countries without visas

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How to Get Panama Residency - 5-Step Process

How to Get Panama Residency - 5-Step Process

Choose Your Program and Gather Documents

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Panama has three paths to residency, and you need to pick the program that works best for you and start gathering your documents from your home country.

Regardless of your visa, you'll usually need these documents:

  • A valid passport with at least six months left
  • A certified criminal record from your country (must be apostilled or legalized)
  • Passport-sized photos
  • Certified copy of your birth and marriage certificates
  • Proof of financial stability, like bank statements or an employer letter
Choose Your Program and Gather Documents

Hire a Panamanian Immigration Attorney

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Your lawyer will be your main guide and representative. The attorney will:

  • Check all your documents to make sure they meet Panamanian legal rules
  • Prepare a power of attorney so the Attorney can act for you
  • Advise you on the legal and financial requirements for your chosen visa
  • Handle all communication and submissions with Panama's National Migration Service
Hire a Panamanian Immigration Attorney

Travel to Panama and Submit Your Application

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You need to be physically in Panama to submit your application. During this visit, you will:

  • Register with the National Migration Service and provide biometric data
  • Submit all your documents
  • Get a medical certificate from a Panamanian doctor
  • Pay all government and legal fees

Your lawyer will schedule everything for you.

Travel to Panama and Submit Your Application

Get Your Temporary Residency Card

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After submission, you'll get a temporary residency card. This lets you stay legally in Panama while your application is processed.

  • The temporary card is usually valid for one year
  • Processing time for full approval can vary
Get Your Temporary Residency Card

Get Your Permanent Residency Card

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Once approved, you receive a permanent residency card. The timeline depends on your visa: Friendly Nations Visa usually requires two years of temporary residency before you can get permanent status, while Qualified Investor Visa often grants permanent residency much faster, sometimes in as little as one month. After this, you can apply for a Panamanian ID card (Cédula). For many residency programs, you only need to visit Panama for a minimum of 24 hours every two years to maintain your permanent status.

Get Your Permanent Residency Card

Limitations of the Panama Residence Permit

Rules for Family Members

Panama allows you to include your family, but there are limits. Children usually must be under 18 or full-time students. Parents or grandparents must depend on you financially. Other family members cannot be included.

Language and Civic Requirements

Residency is only the first step toward citizenship. To become a Panamanian citizen, you must know basic Spanish and understand local laws and civics. This may be challenging if you don't speak Spanish or have limited knowledge of Panama.

Visa-Free Access Is Only for Citizens

Permanent residents get many benefits, but visa-free travel comes only after you become a Panamanian citizen. Until then, you will need to follow the visa rules of your own country, which may limit travel compared to a passport holder.

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