Investor of the Panama Pacific Economic Area

At LEGAL@work, we understand that the process of obtaining an Investor's Visa for the Special Economic Area of Panama Pacific can seem overwhelming. We are here to guide you through the process and ensure that you have a positive and successful experience.

To obtain an Investor's Visa, there are a number of steps that must be taken and requirements that must be met. These include submitting:

• Notarized Power of attorney
• Three passport-sized photographs
• Certified copy of the passport
• Criminal background check
• Health certificate
• Two certified cheques (one for 250 balboas and one for 800 balboas)
• Sworn statement of personal history
• Certification from the National Export Promotion Director of the Ministry of Commerce and Industry

You will also need to provide a original certification issued by the AAEEPP, which will confirm the existence and location of your company, the company's compliance with its obligations with the agency, and that the company is authorized under the special regime established by Law No. 41 of 2004.

Additionally, you will need to provide a certification from the company's treasurer or secretary that confirms the ownership of the shares in favor of the foreigner and that they are paid and cleared.

You will also need to provide a certification issued by the company's public accountant detailing the total amount invested by the applicant in the company and that the capital is owned by the applicant, copies of the share’s certificates issued in the applicant's favor, and proof that the company is up to date on its taxes.

You will also need to provide proof that the company employs at least three Panamanian citizens who earn at least the minimum wage established by law, and that the company is up to date with its social security payments, as well as a bank letter that confirms that the funds invested by the foreigner come from abroad.

Finally, investment proof is required, which will be demonstrated by presenting at least two of the following: bank statements, real estate deeds, or stock market investments.

We understand that this process can seem daunting, but at LEGAL@work, we have the knowledge and experience to guide you through every step and ensure that you have a successful outcome. If you have any questions or concerns, please do not hesitate to reach out to us.