Self-Economic Solvency

All of these visas give a right to indefinite permanence or “residence” in the National Panamanian Territory.

After a two (2) year term, the applicant may opt for a permanent residency, except for the cases in which the current regulations, special laws and agreements establish something different.

Foreigners that invest the minimum amount of three hundred thousand balboas (B/.300,000.00) in real estate or in a fixed deposit account or a combination of both, that proves that the funds come from abroad, may apply for this visa.

By Opening a Fixed Deposit Account

This visa is for foreigners that have opened fixed deposit account in their favor, with a minimum duration of three (3) years, (the fixed deposit account must be unburdened) in any bank with a general license in the national territory, with a minimum value of three hundred thousand dollars (US$300,00.00), or its equivalent in foreign currency.

Requirements

• Police and Criminal Records, issued in the place of residence for the last two (2) years, duly stamped, sealed and authenticated by a Panamanian consulate.
  
• Original passport with a minimum of 6 months left of validity.
  
• Four (4) carnet sized pictures.
  
• A certification from the bank stating that the fixed deposit account has been opened under the name of the applicant with a minimum duration of three years in any bank with a general license in the national territory, for a minimum value of three hundred thousand dollars (B/.300,000.00) or its equivalent in foreign currency; this fixed deposit account must be completely unburdened.
  
• A copy of the fixed deposit account certificate that is authenticated by the bank.

In case of dependents:

• The investment must be incremented by two thousand dollars (US$2,000.00) for each dependent, which may be justified with a local bank reference letter.
  
• Marriage and birth certificates for any children under the age of twenty five (25) that depend on the applicant, duly sealed and authenticated by a Panamanian Consulate.
  
• A letter of responsibility for the dependents. (Model provided by Delvalle & Delvalle)
  

By Real Estate Investment

Any foreigners that have purchased a real estate property with a value above three hundred thousand dollars (US$300,000.00) with said property completely unburdened may apply for this visa.

Requirements

• Police and Criminal Records, issued in the place of residence for the last two (2) years, duly stamped, sealed and authenticated by a Panamanian consulate.
  
• Original passport with a minimum of 6 months left of validity.
  
• Four (4) carnet sized pictures.
  
• A Public Registry Certificate that proves the ownership of the real estate, in the personal name of the applicant with a minimum value of three hundred thousand dollars (B/.300,000.00), and that is unburdened.

In case of dependents:

The investment must be incremented by two thousand dollars (US$2,000.00) for each dependent, which may be justified with a local bank reference letter.
Marriage and birth certificates for any children under the age of twenty five (25) that depend on the applicant, duly sealed and authenticated by a Panamanian Consulate.
A letter of responsibility for the dependents. (Model provided by Delvalle & Delvalle)

By Mixed Investment (Fixed Deposit Account and Real Estate Property)

Foreigners that invest a total of US$300,000.00 within the national territory may apply for this visa. This amount may be a product of the purchase of real estate property and a fixed deposit account, where the sum of both must reach US$300,000.00. For the Real Estate Property as well as for the fixed deposit account (which must be for a minimum term of three (3) years) which must be unburdened.

Requirements

• Police and Criminal Records, issued in the place of residence for the last two (2) years, duly stamped, sealed and authenticated by a Panamanian consulate.
  
• Original passport with a minimum of 6 months left of validity.
  
• Four (4) carnet sized pictures.
  
• A certificate from the Public Registry that proves the ownership of the real estate (in the name of the applicant), which must be unburdened.
  
• A bank certification that a fixed deposit account has been opened for a minimum duration of three (3) years in any bank with a general license in the national territory; this fixed deposit account must be unburdened.
  
• A bank authenticated copy of the fixed deposit certificate.

In case of dependents:

• The investment must be incremented by two thousand dollars (US$2,000.00) for each dependent, which may be justified with a local bank reference letter.
  
• Marriage and birth certificates for any children under the age of twenty five (25) that depend on the applicant, duly sealed and authenticated by a Panamanian Consulate.
  
• A letter of responsibility for the dependents. (Model provided by Delvalle & Delvalle)