Stepan Makarov Panama Golden Visa
Investors can obtain permanent residence in Panama by investment to live and do business in a country with a US
No residence requirement
Before or after obtaining status
Indefinite
Residence validity period
3 options
For investors
After 5 years
Passport may be obtained and investment returned
Panama grants permanent residence to foreigners who invest at least $300,000 in the country’s economy. The programme is called the Qualified Investor programme and is regulated by Decree No. 722 of October 15th, 2020.
Applicants choose one of 3 options: purchasing real estate, investing in securities, or opening a deposit with a Panamanian bank.
Family members can be included in the residence application: a spouse, children, and parents.
5 years after obtaining permanent resident status, the investment can be realized. 5 years of residence in Panama also entitles the investor to apply for citizenship.
9 benefits of Panama permanent residency
Immediate permanent status
Fast process
No need to relocate
Status for the whole family
Returnable investment
Reinvestment opportunity
Citizenship prospects
Stable economy
Tax optimisation
Get maximum information about the process
- Step by step procedure
- Requirements for applicants
- Answers to frequently asked questions
Requirements to apply for Panama residency by investment
Aged over 18
No criminal record
In good health
Legally married partner
Children aged up to and including 17
Study
Financially dependent on the investor
Not married
Financially dependent on the investor
Investment options for obtaining Panama permanent residency
Schedule a meeting
Help with the choice
Passportivity experts will analyse your situation and offer the most suitable solution.
Investment property for obtaining Panama permanent residence
Panama, Playa Caracol$279,000+
112 m²
2—3
2
Panama, Playa Caracol$253,000+
Cosy apartments in Punta Chame
70—91 m² 2—3 2
Panama, Panama City$289,000+
Stylish apartments in a prestigious district
74—133 m² 1—3 2 Panama, Playa Caracol$279,000+
112 m² 2—3 2 Panama, Playa Caracol$253,000+
Cosy apartments in Punta Chame
70—91 m² 2—3 2 Panama, Panama City$289,000+
Stylish apartments in a prestigious district
74—133 m² 1—3 2Key documents to apply for Panama residency by investment
- Copies of passports of all applicants
- Police clearance certificate for all applicants over 18
- Medical certificate issued in Panama
- Affidavit of personal background
- Documents proving relationship, for example, a marriage or birth certificate
- Education documents and confirmation of financial dependence for children over 18
How to obtain Panama permanent residency: step‑by‑step process
Preliminary check
A compliance specialist checks the investor’s identity against international databases to identify possible risks of refusal to issue permanent residence in advance. The check takes 2 business days.
Document preparation
Lawyers prepare an individual list of documents for the investor, and the investor provides the originals. Lawyers prepare the documents for submission for permanent residence: they assist with apostille and translation.
Fulfilment of the investment condition
Depending on the selected option, the investor buys real estate, purchases securities, or transfers money to a
The investment is transferred from a foreign account.
Application submission
The investor issues a power of attorney to a lawyer located in Panama. On behalf of the investor, the lawyer submits the documents for permanent residence to the National Migration Service.
The applicant pays government fees to the National Migration Service and the Treasury.
Application processing
The Migration Service reviews the documents and conducts a comprehensive check of the investor within 30 business days. In practice, the process can be delayed up to 90 days.
Arrival in Panama and obtaining permanent residence 🔥
The investor comes to Panama, submits biometrics, and personally collects the issued resident cards. Resident status is valid indefinitely, but the card is renewed every 10 years.
Why choose us
Reliable partner
Passportivity acts strictly within the conditions set out in Executive Decree No. 722 of October 15th, 2020, and Law No. 3 of February 22nd, 2008.
Deep Expertise
11+ years in investment immigration and financial matters to solve the most complex client challenges.
Individual Approach
We develop step-by-step plans, taking into account client requirements, to achieve optimal results.
Support at every stage
From the first consultation and even after receiving the desired document, we provide legal support.
Additional services
Get a tax number, sign a rental agreement or apostille additional documents — we will fulfill any request.
Flexible communication and 24/7 availability
Meet us in person or online, whatever suits you best.
We respond to inquiries within two hours. Your case is handled by a dedicated lawyer who is always in touch.
From idea to residence permit with expert support
For over 10 years, we've been helping clients navigate the path to citizenship and residency. Our approach combines
Frequently asked questions
Yes, the investor has the right to buy real estate through a legal entity if they are the ultimate beneficial owner. The property value must be at least $300,000.
The investor can take out a mortgage for part of the property value. It is important that the down payment is not below the investment threshold of $300,000.
For example, if the property costs $450,000, only $150,000 can be taken out as a mortgage. The remaining $300,000 must be paid immediately.
The investor has the right to rent out real estate bought to obtain permanent residence in Panama. The annual yield is around 6%, according to the analytical website Global Property Index.
An application for permanent residence can be submitted remotely through a Panamanian lawyer by power of attorney. However, the investor will need to come to Panama to submit biometrics and personally collect the resident card.
An
Panama does not set age restrictions for an investor’s children. Children over 18 are allowed to be included in the application if they study and are financially dependent on the investor. It is also necessary to confirm that the child is not married.
Residents with permanent residence in Panama cannot travel
Citizens of Panama travel
Investors obtain Panama citizenship by naturalisation if they live in the country for at least 5 years. They will also need to pass an exam on the Spanish language, history, geography, and law of Panama. There are no requirements for the level of Spanish, but the applicant must be able to maintain a conversation on everyday topics, this is approximately
Panama prohibits second citizenship. The investor needs to renounce the passports of other countries.
Citizens of Panama travel
Articles and news
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We will help you obtain Panama Golden Visa without unnecessary hassle. We minimize risks so you don't waste time and money.
