Business Investor Visa

If you plan to invest or buy a Panamanian business, you can qualify for a permanent residence visa as a business investor. It is applicable to business that operate in the commercial, financial and industrial sectors in Panama. However, it excludes retail. Two options are available:

Micro Enterprise Investor - $40,000 investment
Macro Enterprise Investor - $150,000 investment

Micro Enterprise Investor

To qualify, applicant must invest a minimum of $40,000 and an additional $4,000 for each dependent. Investment must be placed in a registered Panamanian company in which they are a member of the executive board. The company must employ at least three Panamanian citizens full-time.

When approved, a one-year provisional residency visa is issued that can be renewed three times. After the final renewal, applicants can apply for permanent residency and citizenship.

Macro Enterprise Investor

Applicants must invest a minimum of $150,000 (plus $4000 for each dependent) in a registered Panamanian company in which they are in the executive board. The company must also employ at least three Panamanian citizens full-time.

Upon approval, a one-year provisional residency visa is issued, after which applicant can apply for permanent residency and citizenship.

Documents Required

• Corporation papers including Commercial License, copy of utility bill, income tax declaration
• Proof of investment, including copies of shares, bank deposits, commercial invoices
• Social Security registration of employees
• Good Health Medical Certificate from Panama
• Police report from the country where you have lived the last two years
• Copy of passport
• 4 Passport-sized photos
• Marriage certificate (for dependent spouse); must be official
• Birth certificate (for dependent children under 18 years of age)
• An additional $4000 investment for each dependent

Please note:

• These documents (except the Health Certificate) should be gathered before arriving in Panama
• All official documents must be issued within 3 months of application
• No copies of official documents will be accepted (except in the case of the passport
• All documents must be notarized and certified by the nearest Panama consulate in your country**
• Certified translations of all non-Spanish documents by a recognized public office translator in Panama are also required
• Your passport should be valid for at least six months from the date you apply for residency
• Two short visits to the Immigration Department in Panama will be necessary, to register your passport, and to take the picture for your Permanent Resident card once the application is approved; otherwise you need not remain in Panama for the application process.
• If you wish to leave Panama and re-enter during the application process, you must apply for a Multiple Reentry Visa

Our Services

Vertical Realty will provide you with all necessary forms, including:

Power of Attorney, authorizing our law firm to process the immigration applications and documentation
We will assist you in gathering all the necessary documentation to ensure the process is as smooth and unhindered as possible. Once all the documents are in place, we will review, prepare and submit the application on your behalf with Panama's Department of Immigration.