To attract foreign investment and contribute to national development, the Government of Panama created the Qualified Investor Residence Visa program through Executive Decree 722 of October 15, 2020, amended by Executive Decree 109 of October 13, 2022,
This type of Visa grants permanent residency in Panama through a minimum investment of US$500,000 from any foreign source, either in a personal capacity or through a legal entity in which the applicant is always the final beneficiary of the shares of the corporation.
It allows the applicant the option of investing in any of the following:
- Real Estate: US$300,000 free of liens until October 2024; US$500,000 onwards.
- Real Estate Promise to purchase agreement for US$500,000.
- Brokerage House in Panama for US$500,000 free of liens.
- A fixed-term deposit for US$750,000 or more free of liens in a local bank in Panama.