Panama’s Permanent Residency by Investment Program, also known as the Panama Golden Visa, allows foreign nationals to invest in the country and apply for residency permits. Panama has a well-developed, service-based economy. The government’s residency-by-investment program offers global investors an opportunity to contribute to the growth of this tropical maritime nation while obtaining permanent residency and accessing investment opportunities that come with the program. Under this program, high-net-worth individuals can contribute to the country and become permanent residents of Panama, with the possibility of obtaining citizenship after five years.
- The application must include completed forms, fees, and supporting documents, including details of the investment fund’s origin and general information about the investor. Depending on the investment option, necessary documents may include certificates from the Panama Public Registry, Land Management Authority, Panama Stock Exchange, and fixed-term deposit certificates.
- After completing due diligence, the application can be submitted and proceed through the review stages. Permanent residency will be granted immediately (subject to approval by the Immigration Authority) or temporary residency after two years under the Friendly Nations visa.