New category of Panama permanent residency (PR) as qualified investor launched in October 2020 with a minimum investment in real estate of US$ 500,000*
*Opportunity of residence for 300,000!
The applicant can obtain permanent residence by investing US $300,000 in real estate during the program’s first 24 months
This benefit expires in October 2022.
Once you obtain your residency, you only need to spend one day every two years in the country to maintain your status. This can be as easy as a layover via the airport.
After five years of permanent residency, you can apply to get your Panamanian passport, which gives you visa-free or visa on arrival access to 140 countries.
Panama has a territorial tax system, where Panamanian tax residents and companies must pay tax on their Panamanian-sourced income only. Panamá does not tax the worldwide income of its tax residents.
The country offers great infrastructure for international businesses and at the same time solid options for asset protection. In fact, Panamanian corporations and foundations are some of the best tools in the world. At the same time, Panamá gives you access to regional and international banks, investments, and law firms.