Residency by Self-Economic Solvency
To apply for Residency for Economic Solvency, the applicant may choose one of the following three investment modalities, designed to guarantee their stability and permanence in Panamanian territory:
Opening of a Fixed-Term Deposit: Establishment of a certificate of deposit for a minimum capital of $300,000.00 USD, maintained in a local banking entity for a period of no less than three (3) years.
Acquisition of Real Estate Assets: Direct investment in real estate for a minimum amount of $300,000.00 USD, free of liens or financing, and registered in the applicant's personal name. Additionally, proof of funds for subsistence expenses will be required.
Mixed Investment Strategy: A combination of real estate assets and fixed-term deposits in national banks that, together, reach the minimum value of $300,000.00 USD, complying with the ownership and permanence requirements described above.
Key Benefits:
Option for permanent residency.
Eligibility for a Work Permit in Panama.
Ease of transition to the E-ID card (Cédula E).
Option for Dependents.
What do I need for residency by economic solvency in Panama?
How to obtain residency in Panama through personal economic solvency?
How to obtain residency with a bank deposit in Panama solvency?
How to have residency by assets in Panama?
To manage this file, the aforementioned investments must be submitted accompanied by the Common Admission Requirements, which include:
Power of Attorney and Application through an immigration lawyer in Panama.
Identity Documentation: A copy of the entire passport, duly cross-checked before a notary or competent authority, along with three (3) recent passport-sized photographs.
Certifications of Suitability: Criminal Record Certificate from the country of origin or last residence (duly apostilled or authenticated) and a Health Certificate issued by a qualified professional in Panama.
Declarations and Forms: Sworn Declaration of Personal Background form.
Tax Obligations: Proof of payment via certified checks; one for the sum of B/.250.00 in favor of the National Treasury and another for B/.800.00 in favor of the National Immigration Service.
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