Panama
Panama
Investment from
USD 300,000
Timeline
5 years to citizenship eligibility
Visa-free access
144 countries
Residency required
At least one annual visit to maintain residency; no strict minimum days
Key Benefits
Investment Details
Qualifying Investor Visa: USD 300,000 in real estate (mortgaged property allowed) or regulated Panamanian securities. Alternative: Friendly Nations Visa for nationals of over 50 qualifying countries from USD 200,000 in real estate or a qualifying employment contract.
Passport Mobility
Source: Henley Passport Index. Figures approximate and subject to change.
Path to Residency
Initial Investment
USD 300,000 — Qualifying Investor Visa: USD 300,000 in real estate (mortgaged property allowed) or regulated Panamanian securities
Due Diligence & Processing
5 years to citizenship eligibility
Residency Granted
Eligible after 5 years of permanent residency. Spanish language test and civics knowledge required. Citizenship is discretionary and not automatic — many holders maintain permanent residency without naturalising.
Things to Know
Spanish language test for citizenship. Naturalisation is discretionary; many investors hold PR only and never naturalise. Verify current Friendly Nations eligibility.
Programme Facts
- Programme type
- Residency → Citizenship
- Residency requirement
- At least one annual visit to maintain residency; no strict minimum days
- Dual citizenship
- Allowed
- Family inclusion
- Spouse, dependent children
- Tax benefits
- Territorial tax system — foreign income not taxed
- Official source
- Government website
- Data checked
- 2026-09-20
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