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

Answers

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  Natalia Mulford

  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).

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  Emilio Cornejo Vernaza

  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.

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  Marcos Kraemer

  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.