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What should investors keep in mind when choosing between the self-solvency visa and the other option to simply invest in real estate in Panama?

Are there any advantages to opting for the self-solvency visa for investors over the other permanent residency options?


Answers
  • Panama Global Solutions
    March 23, 2022

    It depends on different circumstances, from the nationality of the applicant, to the amount to be invested and how fast will the applicant require a permanent status. Both, the self-solvency and the Friendly Nations residency program will first grant a two-year permit, whereas the qualified investor will grant permanency upon the first application. A minimum investment of $200,000 will be enough to qualify under the Friendly Nations program, whereas $300,000 will be needed to fall under the self-solvency or the qualified investor’s program; however, the minimum requirement for this latter one will be increased to $500,000 after October 2022.

  • Kraemer & Kraemer
    March 23, 2022

    Self Solvency Visa has similar processing time as other residency options such as the Forestry Visa or the Friendly Nations Visa, while the processing time for the Qualified Investor Visa is expedited and more advantageous as it can be filed while the applicant is abroad.