Duration
Duration
The qualified investor program or the golden visa for Panama is considered one of the most efficient ways to gain permanent residency. The best part is that there is no need for a continuous physical presence in the country. Foreign investors may choose to invest in real estate, bank deposits, or securities.
The applicant must make one of the following eligible investments:
Apart from that, the applicant may have to pay an extra 2,000 USD for each dependent.
The applicant must fulfil the following requirements while applying for this visa.
After having all the documents mentioned above, you may apply for this visa. The process of application is online but you can also visit the nearest consulate.
Visa Processing Time
There is no definite time needed to process a visa application. However, in most cases, it is processed within a month. So, you should apply for at least a couple of months before you want to move to Panama.
How to Apply
Follow these steps while applying for a qualified investor program.
Duration
The residency-by-investment or Panama Qualified Investment Program normally demands a minimum investment of 300,000 USD. You may stay in the nation for at least five years once you acquire the visa. To keep the permit, you must visit at least once every two years.
Fees
The Panama government's immigration fee for the Qualified Investor immigration program is 5,000 USD. This is the national migration fee for the main applicant. An additional fee is required for each dependent.
The visa holder may file for an extension after five years. It can lead to permanent residence in the country. You must maintain the investments in the country and keep visiting at least once in two years.
What kind of investments can be made by the applicant?
The applicant may invest in property, funds or bank deposits. Moreover, this investment can't be in any way less than 300,000 USD.
Can the qualified investor program lead to citizenship?
Also known as a golden visa, the qualified investor program can be a way to citizenship. In fact, it is thought to be one of the best methods to be a Panamanian citizen.
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