Ask A Question  | Learn more about Panama

Are there residency-by-investment bank deposit options for citizens from nations other than Panama’s Friendly Nations list?

I am aware of the $5,000 minimum for people from the Friendly Nations, but what about others? I want to immigrate to Panama but am not from one of those nations. I can contribute significantly more than that minimum in a bank account.

  • Mulford Abogados
    January 17, 2019

    Yes, in Panama there are several residency-by-investment programs that doesn't take into consideration the citizenship of the applicant. You can: invest in real estate (minimum of $300,000 U.S. dollars); fixed-term deposit in a local bank (minimum of $300,000); investment in real estate and a fixed-term deposit (minimum of $300,000); investment in an active corporation (minimum of $160,000 and five employees); forest investor (minimum of $80,000); investor in processing zones for export (minimum of $250,000); investor of the cinematographic and audio-visual industry (minimum of $150,000); investor of the Panama Pacific Economic Area (minimum of $250,000).

  • Panama Global Solutions
    January 17, 2019

    There is one residency-by-investment program, open to citizens of any country. It requires a minimum deposit of $300,000 U.S. dollars in a fixed-term account for three years. The applicant will first obtain a two-year residency permit, being eligible for a permanent one after that.

  • Kraemer & Kraemer
    January 16, 2019

    There are other options for your situation, applicable to any national, such as the self-solvency visa, which requires $300,000 U.S. dollars in a fixed-term deposit for at least three years in any bank in the country. This residence leads to permanent residency within a three-year time frame, approximately.