Panama

Full asset confidentiality, zero tax on overseas income, no residency requirements

Minimum Investment
From $300,000
Processing Time
From 1 month
Visa-Free Access
Remote processing available
Panama City skyline at night, PanamaPanama City skyline across the bay under a blue sky, Panama

Programme Overview

Panama’s investment residency programme grants permanent resident status through one of four qualifying routes: property, a fixed-term bank deposit, listed securities, or a Panamanian company capitalised from overseas.

The country operates a territorial tax system and a fully dollarised economy, and its Qualified Investor route was created to process approvals on a compressed timetable.

Key Benefits

Permanent Status on Approval

Residency is permanent from the moment the application is approved, and a 24-hour visit every two years maintains it.

Entire Family in One Application

Spouse, children up to 25, and parents of any age may be included in the same filing, with access to medical care and education on the same terms as Panamanian citizens.

Zero Tax on Overseas Income

Panama’s territorial system exempts residents from tax on income earned outside the country.

Dollar-Based Economy

The economy runs on the US dollar, removing currency risk from the investment and from local costs.

Regional Banking and Trade Infrastructure

A banking centre with strict confidentiality law where resident status eases account opening, and the Colón Free Trade Zone for duty-free regional trade.

Who this serves

Property Investors

Panama City, Coronado and Playa Bonita, with rental yields quoted up to 5.48%.

Entrepreneurs with Global Businesses

A base for Latin American markets, with Canal logistics and Colombia, Ecuador and Venezuela within reach.

Affluent Retirees

Low living costs, private healthcare, and the Pensionado discount scheme on services and transport.

Digital Business Owners

A working day that overlaps both the United States and Europe, on infrastructure that supports it.

Investment Options

Property Investment

The Qualified Investor route grants permanent residency on purchase of unencumbered property from $300,000 (after October 2026, $500,000), held directly or through an irrevocable developer trust for 5 years.

Fixed-Term Bank Deposit

A deposit from $750,000 with a general-licence bank, placed for 5 years with proof of the origin of funds.

Panama Stock Exchange Investment

From $500,000 in securities through a licensed local broker, held for 5 years and regulated throughout.

Company Formation with Investment

A Panamanian company capitalised from $500,000 introduced from overseas, trading within the tax system and maintained for 5 years.

Cost Breakdown

Route 1 — Property investment

  • Investment — $300,000
  • Administrative fee — $3,000
  • Per family member — $1,500
  • Transfer tax (2.5%) — $7,500
  • Legal, due diligence and processing — $8,000

Total: from $320,000.

Route 2 — Fixed-term bank deposit

  • Investment — $750,000
  • Administrative fee — $3,000
  • Per family member — $1,500
  • Legal, due diligence and processing — $10,000

Total: from $764,500.

Route 3 — Stock exchange investment

  • Investment — $500,000
  • Administrative fee — $3,000
  • Per family member — $1,500
  • Legal, due diligence and brokerage — $12,000

Total: from $516,500.

Route 4 — Company formation

  • Investment — $500,000
  • Administrative fee — $3,000
  • Per family member — $1,500
  • Legal, incorporation and due diligence — $15,000

Total: from $519,500.

Figures assume a single applicant plus one dependent. Government fees are confirmed in writing before any payment is made.

Eligibility

Spouse

In an official marriage or registered partnership.

Children Under 18

Including children from previous marriages.

Adult Children Up to 25

Unmarried, enrolled full-time, without children.

Children of Any Age with a Disability

No conditions regarding programme participation.

Parents of Any Age

Financially dependent on the principal applicant.

Trusted by 550 clients yearly.

Protect Wealth, Expand Globally.

Cross-border decisions with clarity — from relocation and structuring to long-term planning, risk reduction, and private coordination.

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Step-by-Step Process

1. Due Diligence and Assessment — 3 Working Days

Mirsatori runs a preliminary integrity, financial-history and reputation check against the chosen route’s criteria.

2. Document Preparation and Submission — From 2 Weeks

The file is assembled to migration-service requirements, with apostilles, Spanish translation and notarial certification arranged.

3. Review and Approval — From 3 Weeks

Qualified Investor applications are approved within 21 days under VIP processing, with status tracked in real time.

4. Investment Execution — After Approval

Transfers, the property purchase or the deposit are completed under Mirsatori’s supervision and evidenced to the migration service.

5. Resident ID Card (Cédula) Collection — One Visit of 2–3 Days

Personal attendance for biometrics and card collection; bank account opening and a driving licence can be arranged in the same trip.

How this compares

CategoryPanama PRCyprus PRMalta PRTurkey RP
Investment AmountFrom $300,000From €300,000From €182,000From $200,000
For Entire FamilyYesYesYesYes
Status DurationIndefiniteIndefiniteIndefiniteFrom 1 year
Processing TimeFrom 1 monthFrom 9 monthsFrom 3 monthsFrom 60 days

Alternative Programmes

Frequently Asked Questions

What are the minimum investments for Panama permanent residency in 2026?

From $300,000 in property (after October 2026, $500,000), $500,000 via the stock exchange or a company, or $750,000 on deposit.

Is physical residence in Panama required to maintain status?

No — a 24-hour visit once every two years is sufficient.

May grandparents be included in the application?

Parents and grandparents of any age qualify where they are financially dependent on the principal applicant.

Can the investment be recovered after residency is granted?

The investment must be held for 5 years; after that, property may be sold and deposits released whilst resident status is retained.

Does Panama permanent residency lead to citizenship?

Naturalisation is open after 5 years of permanent residency, subject to demonstrable links to the country, basic Spanish and an interview; nationals of Spain and certain Latin American countries qualify in 1–3 years.

Before you commit to this route

Send a one-paragraph brief on the decision in front of you. You will have a considered reply within one business day, under signed NDA — the first conversation carries no fee. Where the position is complex, we scope a written memo from there.

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