PERMANENT RESIDENT BY SPECIAL POLICIES
Investment Proof
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RENTIER INVESTOR VISA | RETIREMENT VISA | FORESTRY INVESTMENT | PANAMA PACIFICO ECONOMIC ZONE INVESTOR | |
---|---|---|---|---|
Real Estate 100.000 USD | Optional | |||
Fixed term deposit around 325.000 USD by 5 years | ✅ | |||
Agri Forestry Company Investment in 5 ha with 80.000 USD | ✅ | |||
Investment In Company in Panama Pacifico Special Zone 250.000 USD | ✅ | |||
Fixed income for life from pension or retirement fund of USD 1,000/month +USD 250/ month for each dependent | ✅ | |||
Additional Investment each dependent 2.000 USD | ✅ |
Requirements Immigration
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RENTIER INVESTOR VISA | RETIREMENT VISA | FORESTRY INVESTMENT | PANAMA PACIFICO ECONOMIC ZONE INVESTOR | |
---|---|---|---|---|
Criminal history background | ✅ | ✅ | ✅ | ✅ |
Passport and Second ID | ✅ | ✅ | ✅ | ✅ |
5 passport size pictures | ✅ | ✅ | ✅ | ✅ |
Medical Certificate | ✅ | ✅ | ✅ | ✅ |
Multiple exit Visa | ✅ | ✅ | ✅ | ✅ |
Bank account opening | ✅ | ✅ | ✅ | ✅ |
Company incorporation | ||||
Marriage Certificate (if applying with wife) | ✅ | ✅ | ✅ | |
Birth Certificate for Children/ Parents of Main Applicant | ✅ | ✅ | ✅ | |
Life Pension certificate and 3 months of proof of receipt in account | ✅ | |||
Investment proof / share registration / company documentation | ✅ | ✅ | ||
Register at least 3 panamanian personnel | ✅ |
Requirement for Bank account
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RENTIER INVESTOR VISA | RETIREMENT VISA | FORESTRY INVESTMENT | PANAMA PACIFICO ECONOMIC ZONE INVESTOR | |
---|---|---|---|---|
Source of Income (working letter/tax return/financial statement) | ✅ | ✅ | ||
Utilty bill | ✅ | ✅ | ||
Passport and second ID individual or members | ✅ | ✅ | ||
Company Articles of Incorporation | ✅ | |||
Certificates of Good Standing/ Incumbency | ✅ | |||
Bank and commercial references | ✅ | ✅ |
Process and Timeline
RENTIER INVESTOR VISA
2 weeks
8 weeks
Application Filing with all required documents
8 weeks
3 days
Provisional Card
2 weeks
Travel passport to be renewed every 5 years
2 weeks
PENSIONADO VISA
4 weeks
Real Estate Property transfer and Registration (optional)
Certificate of life pension of USD 1000/ month (from origin country)
8 weeks
Application Filing with all required documents
8 weeks
3 days
Provisional Card
3 days
Permanent Card
3 days
FORESTRY INVESTMENT
3 weeks
Share Transfer certification
8 weeks
Application Filing with all required documents
8 weeks
3 days
Provisional Card
2 years
Permanent Card
2 years
PANAMA PACIFICO ECONOMIC ZONE INVESTOR
4 weeks
Real Estate Property transfer and Registration (Optional)
Company registration and Operation requirements
8 weeks
Application Filing with all required documents
8 weeks
3 days
Provisional Card
5 years
Permanent Card
5 years
Benefits
- Retirement Benefits:
· Duty Tax exemtion for new car importing
· 25% disscount on utility bills
· One time excemption for household godos up to 10.000 USD - Allegible to apply for citizenship after 5 years.
- One of the safest place to live in Latinamerica. Ranks #4 in Quality of Life in Latin America.(UNDP Human development index).
- Visit once every two years is the minimum stay requirement to retain your residence.
- Territorial tax system. Only income and capital gains obtained in Panama are taxed, not from overseas. Panama is one of the few countries in the world to offer residency whilst not taxing worldwide income.
- Applicants are able to work, invest or retire.
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