Panama Real Estate Investment Program

Introduction

The Panama Real Estate Investment Program is based on the legal framework of the "Qualified Investor Law." This law was initially launched in 2008. It has since undergone a series of amendments and updates, including Law No. 722 of 2020, Law No. 109 of 2022, and Law No. 193 of 2024, resulting in the current, relatively comprehensive policy system.

The program currently requires applicants to purchase real estate in Panama with a value of no less than USD 300,000. This allows three generations of the applicant's family to obtain Panama Permanent Resident Cards in one step. After holding the card for five years, applicants may apply for a Panamanian passport. The property can also be sold after five years without affecting the residency status.

Program Advantages

1. Three generations of the family can apply together.

2. No requirements for language, source of funds, and work experience.

3. After holding the PR card for five years, applicants can apply for the Panamanian passport, which offers visa-free access to 149 countries and territories.

4. No residency requirement, but a visit to Panama is required once every two years.

5. Approval is typically completed within 30 days after application submission.

Application Requirements

1. Applicants can include the main applicant’s spouse, unmarried children under 25 years old, and the main applicant's parents in the application (children aged 18-25 need to provide proof of financial dependency on the parents).

2. Purchase real estate valued over USD 300,000.

3. No Criminal Record.

Application Process

1. Sign the service agreement.

2. Prepare application documents.

3. Select a property and make the payment.

4. Sign the Power of Attorney (POA), then the attorneyprocessownership transfer of the property

5. Submit the PR application.

6. Application approved.

7. Go to Panama for Biometrics .

8. Receive the PR Card.