Citizenship by Investment in Panama
Panama offers great possibilities to those who wish to invest in this beautiful country. Panama has a stability that makes it the focus of foreign investments.
We can also highlight that Panama has a stable government, also has a solid economic situation, based on the US dollar. Likewise, the Republic of Panama has made various and favorable free trade agreements.
How is the citizenship for investment in the Republic of Panama?
To obtain the citizenship by investment or be a Panamanian citizen as a result of investing in Panama, there is a promulgated immigration program in the country.
This program allows foreigners to become residents, which leads them to be able to opt for citizenship after making a minimum investment.
The requirements for minimum investments differ between countries.
Those people who want to aspire to the permanent residence visa in Panama, must have a temporary residence visa for three (3) consecutive periods of two (2) years each.
Those foreign persons who want to invest in a business in Panama, which has a minimum share capital of US $ 160,000 per applicant, will be able to opt for the visa of residence by business investor in Panama as a shareholder or director of said company.
Foreigners who request the investment visa in Panama, should prove that the minimum amount invested of US $ 160,000, is from its own peculiar.
In Panama, a foreign person can take any business that is legal, except for businesses reserved for Panamanian nationals such as: lawyers, doctors or retail business.
If the investor wants to incorporate dependents under this program to opt for the residence in Panama, it must increase the investment of it in the amount US $ 2000 for each dependent person.
In ba-lawfirm.com we are ready to help you, we have Panamanian lawyers specialists in migration. You can contact us at our mail consultas@ba-lawfirm.com.
