RESIDENCY BY INVESTMENT

Panama

Panama, situated at the crossroads of the Americas with the iconic Panama Canal, offers a dynamic blend of modernity and cultural diversity in its capital, Panama City. Known for its strategic location, stable economy, and natural beauty, Panama is a key player in international trade and an attractive destination for both tourists and investors.

+150

Countries to travel to visa-free

USD 100,000

A minimum amount of USD 100,000 is required.

4-6 months

Or 30 days

 from submission depending on the route of application

Living in Panama promises a lifestyle that seamlessly merges natural beauty with modern comforts. The country’s diverse geography, featuring pristine beaches, dense rainforests, and volcanic landscapes, caters to a wide range of interests. Panama City, the vibrant capital, encapsulates this blend with its juxtaposition of historic charm and contemporary infrastructure, including the iconic Panama Canal.

Panama’s cost of living remains relatively affordable, making it an attractive option for expatriates seeking a comfortable lifestyle. The warm and tropical climate throughout the year adds to the appeal, providing residents with ample opportunities for outdoor activities and leisure.

A notable aspect of living in Panama is the warmth and friendliness of its people. Known for their hospitality, Panamanians contribute to a welcoming atmosphere, making newcomers feel at home. The cultural diversity is another highlight, with influences from indigenous communities, European settlers, and Afro-Caribbean traditions creating a rich tapestry of traditions and celebrations.

For those considering a move to Panama, the country offers various residency options, including the Friendly Nations Visa, facilitating a straightforward process for expatriates. The stable economy, driven by sectors like finance and tourism, provides a conducive environment for business opportunities and career growth.

Whether exploring the biodiversity of national parks, relaxing on Pacific or Caribbean beaches, or indulging in the vibrant arts and culinary scenes, living in Panama provides a harmonious blend of nature, culture, and modern conveniences. Overall, Panama stands as an inviting destination for individuals and families seeking a fulfilling and enriching life experience.

Benefits of Panama Residence by Investment Program

Unlock Global Travel Freedom:
Gain Visa-Free or Visa-On-Arrival Access to 153 Destinations, Including Europe’s Schengen countries.

Embrace Central American Paradise:
Attain Citizenship in a Nation Renowned for Its Mild Climate, Breathtaking Scenery, and Exceptional Standard of Living.

Extend Citizenship to Your Family:
Full Citizenship Privileges Granted to the Applicant and Included Family Members.

Who can qualify for the program?

Investor
Spouse
Children and Stepchildren Under 30
Mentally and Physically Disadvantaged Children and Stepchildren
Parents, Grandparents, Parents in Law, and Grandparents in Law
Siblings, Brothers in Law, and Sisters in Law
Future Spouse
Future Child

Requirements of Panama residency by investment

Requirements
To qualify for residence, applicants are required to select one of the following three investment routes:

Qualified Investor
-Investments must be held for at least five years to maintain permanent residence status. Additional government fees for the main applicant and dependents apply.
One of the following options:
— Real estate investment of USD 300,000
— Stock exchange investment of USD 500,000
— Fixed-term deposit of USD 750,000 in the banking sector

Friendly Nations
-For citizens of one of Panama’s ‘friendly nations’
-One of the following options:
— Real estate investment of USD 200,000
— Fixed-term deposit of USD 200,000
— Employment by a company in Panama for residence by labor reasons

Forestry Investor
Investment in a company that has a forest registry with the Ministry of Environment.
One of the following options:
— Real estate investment of USD 100,000
— Investment of USD 100,000 in teak reforestation. This option grants two years of temporary residence, after which the applicant can apply for permanent residence
— Investment of USD 350,000 in teak reforestation. This option grants immediate permanent residence

PROCESSING TIME

Phase 1: Client Onboarding
In the initial month, we initiate the client onboarding process by completing Form 1, which allows us to conduct the necessary initial Latitude due diligence. Following the completion of this screening, we provide you with a Client Agreement (CA) for your review and signature. Upon receipt of the signed agreement and retainer, our dedicated processing team assists you in completing forms and organizing required documents. If your investment involves property acquisition, you will need to establish a sales and purchase agreement with the developer. Subsequently, we facilitate communication between you, the property developer, and the Panama Citizenship by Investment Unit (CIU).

Phase 2: Application Review and Submission
During the following months (months 2-3), we meticulously review your application to ensure full compliance with the CIU’s requirements before submission.

Phase 3: Citizenship Issuance
Between months 3 to 4, the CIU evaluates your application. Upon approval, you are required to fulfill all necessary contributions and settle any government fees. Upon receipt of these payments, the CIU proceeds to issue Certificates of Naturalization, marking the successful attainment of citizenship.

Note: The timeframe for the real estate option may vary based on the project, highlighting the importance of selecting a project that can provide the necessary paperwork for the citizenship application.

Disclaimer: Residency requirements and investment details are subject to change. Please consult with our experts for the latest information.

FAQs

1. What sets BLS apart in terms of due diligence and application processing?

We prioritize thorough due diligence checks to ensure the smooth processing of your application. Our consultancy maintains close relationships with the Panama Citizenship by Investment Unit, facilitating efficient communication and expediting the approval process for our clients.

2. How does BLS support clients throughout the residency and citizenship acquisition journey?

Our consultancy offers ongoing support and assistance even after obtaining Malaysia citizenship. Whether you require guidance on relocation, property management, or citizenship-related matters, our dedicated team remains available to address your queries and provide personalized assistance.

3. Does BLS provide assistance with family inclusion in citizenship applications?

Our consultancy offers ongoing support and assistance even after obtaining Panama citizenship. Whether you require guidance on relocation, property management, or citizenship-related matters, our dedicated team remains available to address your queries and provide personalized assistance.

4. What expertise does your consultancy bring to the table in terms of navigating dual citizenship requirements?

With our extensive experience in citizenship and residency by investment programs worldwide, we offer expert guidance on dual citizenship matters. Our consultancy ensures compliance with relevant regulations and provides clarity on the benefits and responsibilities associated with dual citizenship.

5. How can I get started with your consultancy to explore Spain citizenship by investment opportunities?

To begin your journey towards Panama citizenship, simply schedule a consultation with our team. We will assess your requirements, address any concerns, and develop a customized plan tailored to your goals and aspirations. Let us help you achieve your dreams of acquiring citizenship in Panama.