Panama: Your New Home as a Qualified Investor
Permanent Resident Visa
Learn how to become a permanent resident in Panama through an investment and the services offered by Delvalle & Delvalle Panama Law Firm in Panama
Panama, a country located in the heart of Central America, is known for its impressive Canal, its strategic position as a business center and its economic stability. This country has managed to position itself as an attractive destination for international investors seeking permanent residence, thanks to its sustained economic growth and its incentive programs for foreign investment.
The “Permanent Residence as a Qualified Investor in Panama” is one of the most attractive options for those looking to settle in this country. In this article, we will explain how to apply and obtain permanent residency through this program, and how Delvalle & Delvalle Panama Law firm in Panama can help you in this process.
Requirements to be considered as a qualified investor.
To apply for the Permanent Residence program as a Qualified Investor, the applicant must meet one of the investment options required by the government of Panama.
Types of investment to obtain Permanent Residence as a qualified investor.
There are three main categories of investment that can be made to obtain permanent residency as a qualified investor:
- Real Estate Investments: For this category, the applicant must invest a minimum of $300,000 in a property in Panama. The investment can be demonstrated with both the contract of purchase and sale of the real state or with a promise.
The investment can be done in one property or several, as long as the total amount reaches US$300,000.00.
The investment must be free of any mortgages or liabilities.
If the investment exceeds the required amount, the surplus can be financed through a mortgage loan with a Panama bank.
Note: The required amount of US$300,000.00 will be maintained until October 15, 2024. After this period the investment must be US$500,000.00. - Investments in fixed deposit accounts in a Panama bank: The applicant must deposit a minimum of $750,000 in a fixed deposit account in a Panamanian bank for a minimum period of five (5) years.
- Investments made through a licensed brokerage house approved by the Superintendence of the Securities Market of Panama: To obtain permanent residence through this option, securities of at least $ 500,000 must be acquired through a securities center in Panama.
Application Process for Permanent Residence as a Qualified Investor
- To maintain the permanent residence, as a qualified Investor, it is mandatory that the investment be held for a minimum period of five (5) years. To verify the above, a substantiation must be presented.
- To receive and process the application for permanent residence, as a qualified investor, a special department will be available to simplify and facilitate the process for investors.
- The government entity in charge must resolve the application within a period not longer than thirty (30) business days.
- The application can be submitted by the lawyer before the applicant travels to the country (applies also for dependents). But to complete the proceeding, all parties must travel to Panama for the affiliation process and to obtain the proper ids.
Why Choose Delvalle & Delvalle Panama Law Firm?
Delvalle & Delvalle is a law firm in Panama, with extensive experience in advising and processing immigration processes for many clients around the world. By choosing Delvalle & Delvalle to obtain your permanent residency as a qualified investor, you will receive:
- Expert advice: The firm has a team of highly qualified professionals with experience in the field of immigration and investment law in Panama.
- Personalized attention: Delvalle & Delvalle offers a personalized service, guaranteeing that each case is treated individually.
- Efficiency and speed: The team of Delvalle & Delvalle Abogados in Panama strives to expedite the procedures and obtain successful results in the shortest possible time.
- Transparency and confidentiality: The firm maintains open and transparent communication with its clients, ensuring that they are informed about the progress of their case and protecting their personal information at all times.
In conclusion, the permanent residence as a qualified Investor in Panama offers an excellent opportunity for those seeking to settle in a country with a stable and growing economy, attractive tax incentives and a high quality of life. If you are interested in obtaining permanent residency in Panama through this program, do not hesitate to contact Delvalle & Delvalle Panama Law Firm, who will guide and advise you at every step of the process.
The Panama qualified investor permanent residency program is an excellent option for those looking to invest in a country with a promising future and a business-friendly environment. With the advice of Delvalle & Delvalle Panama Law Firm, you can enjoy an efficient and successful application process, opening the doors to a new chapter in your life as a permanent resident in this vibrant country. Don’t wait any longer! Start exploring investment opportunities in Panama and turn this beautiful country into your new home.
Types of Visa
1. Temporal Residents
- Global Executives in Panama. Understanding the Temporary Resident Visa Process
- Executives or Businessmen for the City of Knowledge Foundation
- Personnel hired by a branch of a Multinational Company
2. Permanent Resident Visa
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