Investor
Personal Income
Married to Panamanian
Small Investor
Dependent of Resident
Agricultural Investor - Farmer
Reforestation
Employee - Panama Canal
Work Permit

[ Investor ] [ Personal Income ] [ Married to Panamanian ] [ Small Investor ] [ Dependent of Resident ] [ Agricultural Investor - Farmer ] [ Reforestation ] [ Employee - Panama Canal ] [ Work Permit ]

Summary of the Immigrant Investor  

This immigration visa requires a minimum investment of USD$150,000.01 in a Panamanian company or business of the Investor. 

The application for the Immigrant Visa should be requested, and upon completing a year from the approval date, the applicant will be eligible to request permanent residency with the right to a Cédula. 

Nevertheless, it should be noted that upon requesting the Immigrant Visa, the applicant will receive a temporary permit, valid for three months, while the Immigrant Visa is being processed.  If, at the end of these three months, the application has not yet been approved, the applicant will receive another temporary permit, valid for a further three months. Upon the application being approved, the applicant will receive their immigrant card, as an Investor, and the respective stamp in their passport, both of which are valid for one year.  

At the end of this year, the applicant may then apply for Permanent Residency, with the right to a cédula. (See Requirements) It takes approximately two years, from the original application for the immigrant visa, to obtain Permanent Residency. 

The same procedure is followed to request the Permanent Residency.  The applicant will receive a temporary card, valid for three months, while the application is being processed.  The temporary card may be renewed for a further three months if the application has not yet been approved.  Upon approving the application, the applicant will receive indefinite residency, with a letter authorising the issuance of a Cédula for personal identification.  

After five years of consecutive residency in Panama, as of the date of approval of the permanent residency, the applicant may request citizenship (letter of naturalisation). 

Note:  All documents which are issued overseas must be duly authenticated via Apostille or by the closest Panamanian Consulate or Embassy in the applicant's home country, and by the Panamanian Ministry of Foreign Affairs. 

Prepared by Beth Anne Gray J. & Roberto Ríos

Requirements to Obtain an Immigrant Visa as an Investor 

Note:  Where the applicant has dependents, the following documents should be included:  

Requirements to Obtain Permanent Residency with the Right to a Cédula as an Investor

1. Power of Attorney and Application via an attorney/law firm.  

2. Medical Certificate of good health, issued no more than three (3) months previously to the presentation date.  (Should have the signature and seal of the doctor, showing the doctor's name, code and medical registration number). 

3. AIDS/HIV test, taken no more than six (6) months previously to the presentation date.  (Should specify the method used, and have the signature and seal of the laboratory/technician, with their name, code and registration number).  

4. Police Record (Good Behaviour Certificate) from the local Panamanian police (P.T.J.) 

5. Fotocopy of the passport page where the applicant's general details and photo appear.  

6. Four (4) passport-size photos. 

7. Original passport, which must be valid for at least six (6) months. 

8. Certification of the complete names and nationalities of the applicant's parents. 

9. Sworn Income Tax Return of the company, with the corresponding receipt of payment (if copies are presented, these must be duly authenticated by the Ministry of Economy and Finance). 

10. Photocopy of the company Payroll, as presented to the Social Security Board, duly authenticated by the Social Security Board, which must show at least three (3) Panamanian employees.  (This must correspond to no more than 3 months before the date of presentation). 

11. Certificate of Good Standing issued by the Social Security Board in favour of the company. 

12. Certificate of Good Standing of the applicant - by the tax authorities. 

13. Expired Provisional Residency Permit. 

14. Certificate of Good Standing by the Public Registry, showing the Company's authorised capital, as well as the officers and directors. 

Note:  Where the applicant has dependents, the following documents should be included:  

1. Each dependent of legal age should issue a Power of Attorney to the lawyer/law firm to represent them; parents should issue the Power of Attorney for any minor. 

2. Medical Certificate, issued no more than three (3) months previously to the presentation date Should have the signature and seal of the doctor, showing the doctor's name, code and medical registration number).

3. AIDS/HIV test, taken no more than six (6) months previously to the presentation date.  (Should specify the method used, and have the signature and seal of the laboratory/technician, with their name, code and registration number).  (*Not required for those younger than 12 years old). 

4. Police Record (Good Behaviour Certificate) from the local Panamanian police (P.T.J.)  (*Not required for minors). 

5. Photocopy of the principal page of the passport, where the dependent's general details are.  

6. Four (4) passport size photos for each dependent. 

7. Original passport, valid for at least six months. 

8. Certification of the complete names and nationalities of the parents of each applicant. 

9. Certificate of Good Standing from the tax authorities, for each dependent of legal age. 

10. Expired Provisional Residency Permit of each dependent. 

11. Letter of responsibility from the principal applicant for each of the dependents.  

Prepared by Beth Anne Gray J. & Roberto Ríos

[ Investor ] [ Personal Income ] [ Married to Panamanian ] [ Small Investor ] [ Dependent of Resident ] [ Agricultural Investor - Farmer ] [ Reforestation ] [ Employee - Panama Canal ] [ Work Permit ]