Executive Decree No. 722 of October 15th, 2020, establishes the creation of the new migratory subcategory called Permanent Residency for Qualified Investor. It permits to obtain Permanent Residence in Panama within a maximum of thirty (30) days.
This new subcategory, whose principal requirement is to invest US$500,000.00 in the Republic of Panama, seeks to encourage foreign investment in the country while offering unique advantages for foreigners wishing to apply for residence. Details of the visa program are available below: