Ask A Question  | Learn more about Panama

How can I change my investment assets inside Panama after completing my RBI application?

Can I buy property, get residency, then decide to sell the property to invest in other assets inside Panama or does it have to be the same property I used for the application? How fast would I get residency after purchasing the property?


Answers
  • Kraemer & Kraemer
    January 03, 2024

    As long as you keep the investment type (real estate vs bank deposit for example), you are allowed to switch investments. Holding them depends on the RBI type chosen, as some are required to be kept for 3 years while others for 5 years.

  • Prime Solutions Tax & Legal
    November 13, 2023

    We recommend keeping the asset for 2 years until you obtain permanent residency. You can buy property, get residency, then in 2 years apply for permanent residency and decide to sell the property to invest in other assets inside Panama.

  • Panama Global Solutions
    November 07, 2023

    Yes, it is possible to change your investment assets during your RBI application, as long as the minimum required investment amount is maintained. The timeline for achieving a permanent residency status will vary, depending on the type of residency permit category you apply to, in some cases, an applicant must keep their investment for three years, in others, up to five.