30 Day Investor Visa for Panama
One of the things that make Panama such a great country for expats, is the ease to get residency in comparison with other nations. One of the most popular categories is the Friendly Nations visa, but with changes coming in the future to that program, many are starting to look around for other options. If you’re looking to call Panama your home, the 30 Day Investor Visa (officially called the Qualified Investor Visa) is one not to be missed. Currently favoured by those who wish to invest in real estate in Panama, this tried and tested method is a truly one-of-a-kind visa.
As of last year, a new category of visa was approved by the Panamanian government, allowing for investor visas to get fast-tracked and approved within 30 days of being filed in the immigration offices, as opposed to months for other types of visas. Requests for Qualified Investor Visas can be made prior to entering the country.
With the Qualified Investor Visa, you can even request for it in advance before even entering the country, a determining factor for those who are living in countries with limited air-travel regulations in place or people looking to make their trip to Panama a short one.
Specially designed for those who are looking to invest a minimum of $500,000 USD originated from a foreign country, this residency program requires that this investment remain in place for a minimum of 5 years.
You can invest in real estate, and for the first 24 months of the publication of thee decree (starting November 2020) , the government is allowing people to make an investment of only $300,000 USD instead of the usual $500,000 USD exclusively for those looking to invest in real estate. Real estate projects in the pre-sale stage (meaning, not currently under construction) can qualify, so if you’re interested in properties that meet the requirements for the qualified investor visa, don’t hesitate to contact us.
If you’re looking for alternative options, you can also invest in the stock market or make a deposit of at least $750,000 USD in a Panamanian bank. However since that amount is over twice the amount that investing in real estate in the next several months would be, many are opting to invest in real estate, particularly given what you can get in Panama for this kind of money. We’re talking about luxury designer apartments such as YOO, Armani or even Fendi, as well as gated-community houses in very desirable neighbourhoods right in the heart of Panama City.
Get permanent residency in Panama with this This 30 Day Investor Visa which also grants you a Cédula (national ID card), unlike other visas that sometimes don’t give you the right to get a cédula. We recommend getting a lawyers opinion before committing to any type of visa, especially since every case is different, but this seems like a great visa for those looking to get their foot in the door with investing in Panama. You can read more about the different types of Visas Panama offers here.