Panama

Update November 2026: Investors who completed before Decree 17 may use the former rules if they apply by about 16 March 2027.

Panama links central america and south america through the isthumus. Panama has commerce, banking, and tourism are major and growing sectors and is the second largest economy in the central america. Panama is a immensely popular jurisdiction for its offshore tax free companies and foundations.

Residence program

Qualified Investor visa from US$300,000 (first-sale property).

Citizenship program

No citizenship by investment. Naturalisation after 5 years of legal residence.

Investment name

Panama investor visa

Minimum investment

US$ 300,000 (first-sale property) or US$ 500,000 (resale)

Qualifying investments

Under Decree 17 of 2026: real estate (first-sale US$300,000, resale US$500,000), securities (US$500,000) or fixed deposits (US$500,000 at state banks, US$750,000 at private banks).

Visa type

Immediate permanent residency

Processing time

3 months

Residence requirements

None, unless citizenship is requested

Permanent residence

Immediate under this program

Panama Citizenship

After 5 years of residence

Dual citizenship

Restricted. Dual citizenship is only possible in some cases.

Last reviewed November 2026. Programme rules change often, so confirm details with us before investing.