Panama's Permanent Residence Permit for Qualified Investors

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Panama is an attractive destination for investors looking to establish permanent residency in a thriving and welcoming country. The Permanent Residence Permit for Qualified Investors, also known as Golden Visa or Red Carpet Visa, is designed to encourage foreign investment, providing a clear pathway to residency for those who meet the necessary requirements.

In this guide, we'll outline the various investment options that can qualify you for permanent residency in Panama.

Understanding the Investment Options for Qualified Investors

There are four primary investment options to qualify for the Permanent Residence Permit as a Qualified Investor:

1. Real Estate Investment:
   Invest a minimum of B/. 300,000 in real estate in Panama, ensuring the property is free from any encumbrances. Starting October 2024, the minimum investment requirement will increase to B/. 500,000.
2. Real Estate Investment through Purchase-Sale Promise Contract:
   This option involves investing a minimum of B/. 300,000 through a trust deposit managed by a local bank or fiduciary licensed in Panama. The investment is made via a purchase-sale promise contract for acquiring real estate. From October 2024, the minimum investment requirement will rise to B/. 500,000.
3. Investments through a Licensed Brokerage House:
   Make investments through a licensed Brokerage House approved by the Superintendence of the Stock Market of Panama, with a minimum investment amount of B/. 500,000.
4. Investment in Fixed-Term Deposits in the Banking Sector:
   Open fixed-term deposit(s) in Panama's banking sector, with a minimum investment amount of B/. 750,000 to be eligible for the Permanent Residence Permit as a Qualified Investor.

Benefits of Obtaining Permanent Residency in Panama

By meeting the investment requirements for the Permanent Residence Permit as a Qualified Investor, you unlock a wealth of benefits, including:

• Access to a stable and growing economy
• Residency in a country with a high quality of life
• Favorable tax policies and incentives
• A gateway to exploring business and investment opportunities in the region

Let Legal@Work Assist You in Your Journey

Navigating the process of obtaining permanent residency in Panama can be complex, but Legal@Work is here to guide you every step of the way. Our team of experts will help you understand the investment options and requirements, ensuring a smooth transition to your new life in Panama.

Contact Legal@Work today to learn more about how we can help you secure your Permanent Residence Permit as a Qualified Investor and unlock the opportunities that await you in this vibrant country.

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