Panama Qualified Investor Visa

About Panama

Panama is a small, beautiful country located in Central America; bordered by the Caribbean on the North, the Pacific Ocean on the South, and connected by the infamous Panama Canal. While mountainous terrains and rich forest canopies cover half the country, this tropical paradise also offers over 1550 miles of coastline with some of the world´s most spectacular beaches.

Panama is the fastest growing economy in the Americas and has become a well-known international hub for business and living. With the highly developed banking sector, sophisticated infrastructure for commercial and financial activities, and the territorial tax system, Panama is on the list of top offshore jurisdictions for businesses and investors.

Introduced in October 2020, the qualified investor’s visa (QIIP) offers one of the most appealing residency by investment programs in Panama, offering successful applicants permanent residency in 1 month.

Current president:
Laurentino Cortizo

Government:
Constitutional democracy

Economy:
Services sector including the Panama Canal, banking, commerce, and the Colón Free Trade Zone

Currency:
US Dollar

Capital City:
Panama City

Population:
Over 4.2 million

Language:
Spanish

Tax system:
Territorial Tax System

Members of:
United Nations, Inter-American Development Bank, OAS (Organization of American States)


Benefits


Eligibility

Applicants proceeding with the residency by investment program in Panama must be at least 18 years of age and hold a clean criminal record. Applicants are required to provide personal documentation such as passports, national IDs, birth and marriage certificates, proof of investment.



Full Requirements Checklist


Investment Options

Real
Estate

Invest a minimum of USD 300,000 in real estate for a minimum of 5 years*

*Investment amount will increase to USD 500 000 in October 2022.

Addtional Fees

Securities in the Panamanian
stock market

Invest a minimum of USD 500,000 in securities purchased through a qualified and licensed Panamanian brokerage firm.

Fixed
deposit

Invest a minimum of USD 750,000 in an approved Panamanian bank for a minimum of 5 years.

Addtional Fees

Addtional Fees


Process

1. Speak with one of our advisors to determine the best solution for you and your family. We will discuss the various residency options along with the process and investment options of each program. We offer tailored solutions to assist and meet your goals.

2. We will conduct our initial due diligence check to ensure that you do not currently hold any criminal charges and are eligible to proceed with the Panama Residency program. To process the initial due diligence check, a copy of passports for all applicants over 16 and proof of address (such as a utility bill) is required.

3. Offshore Circle requires a non-refundable retainer to supply application forms and work on your application file.

4. Offshore Circle will assist you with your preferred investment option.

5. Offshore Circle will provide a customized and itemized list of requirements to ensure you meet and comply with all requirements set by the Panama Residency program.

6. Offshore Circle will submit your application at immigration by a licensed attorney, as required by law. The typical processing time is 1 month.

7.Upon approval, we will finalize the residency process and immigration will then issue a resolution. Applicants will then be considered permanent residents. Applicants must visit Panama within 2 years of approval to submit biometrics and obtain their permanent IDs at the immigration offices in Panama City. Permanent residency must be maintained by visiting Panama every 2 years.

Speak with one of our advisors to determine the best solution for you and your family. We will discuss the various residency options along with the process and investment options of each program. We offer tailored solutions to assist and meet your goals.

We will conduct our initial due diligence check to ensure that you do not currently hold any criminal charges and are eligible to proceed with the Panama Residency program. To process the initial due diligence check, a copy of passports for all applicants over 16 and proof of address (such as a utility bill) is required.

Offshore Circle requires a non-refundable retainer to supply application forms and work on your application file.

Offshore Circle will assist you with your preferred investment option.

Offshore Circle will provide a customized and itemized list of requirements to ensure you meet and comply with all requirements set by the Panama Residency program.

Offshore Circle will submit your application at immigration by a licensed attorney, as required by law. The typical processing time is 1 month.

Upon approval, we will finalize the residency process and immigration will then issue a resolution. Applicants will then be considered permanent residents. Applicants must visit Panama within 2 years of approval to submit biometrics and obtain their permanent IDs at the immigration offices in Panama City. Permanent residency must be maintained by visiting Panama every 2 years.


Frequently Asked Questions


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