Panama is considered by many to be the easiest place in the world to obtain residency through their Friendly Nation Visa Program. The requirements are simple to fulfill. You first need to come from one of the fifty (50) eligible countries and demonstrate economic ties with the country to apply.
This is very simple like 1 2 3. Just by registering a company and making a deposit of approximately USD [5’000 – 10’000.] at a local Panamanian Bank. There is no requirement to keep the money after residency to renew your residency.
The great thing about obtaining permanent residency in Panama is that you don’t actually have to live there to maintain your residency. You simply must apply in Panama after two years to renew your residency.
After five years of permanent residency, you can apply for full citizenship. However, this option has been modified.
The last and most recent development for Panamanian Citizenship is through their Panama Golden Visa Program which allows residency through investment that gives you residency through two new programs; allowing investment in
- Real Estate;
- Stock Purchase; or
- Fixed Term Deposit.
Under the modified program, you have a work based option (with work permit – separate proceedings) or Real Estate Investment or Bank Account Term Deposit in the amount of US $200,000.
This new program will also firstly grant you a temporary residency for two years and thereafter you can directly apply for permanent residency.
Application to this program is subject to the client’s nationality and its inclusion on the list of approved countries.
There is also a qualified investor program which offers an “expedited” Residency Status. There are three available options –
- Invest US $300,000 in Real Estate.
- Invest US $500,000 in the Purchase of Securities on the Panama Stock Market.
- Invest US $750,000 in a Term Deposit at a Bank in Panama (the bank must have a general banking license) for a term of five (5) years.
Citizenship in Panama can only be obtained after a minimum of five (5) years as a permanent resident. There is no expedited or direct approach. This means that a serious physical presence is required to comply with all of the required steps.
For your residency in Panama under its Golden Visa Program contact us at WhinChester Corporate & Immigration Services PowerHouse . We will make it possible for you.
Least Expensive Citizenship And
Passport To Acquire
For persons who want to acquire their citizenship and second passport quickly, speed up the process and have the financial ability to do so, the Caribbean Nations are the answers. They offer some of the most affordable and fastest obtainable Citizenship by Investment options.
The benefit of these options is that they are extremely fast (usually under 4 months in total with expedited possibilities of two to three months). There is no residency requirement and the application can be handled by competent and experienced agents like ourselves, WhinChester Corporate & Immigration Services PowerHouse. You do not need to make any prior visit to your selected Caribbean Country of choice.
We will handle everything. Let us know your current immigration services requirement and what you are hoping to achieve. You will get an instant acknowledgment. The fields marked with an * are mandatory.
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Whilst there are a number of countries in the Caribbean that offer such Programs, the ones that stand out in the Eastern Caribbean and are highly recommended in order of priority are: –
- Antigua & Barbuda
- Cayman Islands
In all of the countries, citizenship can be obtained either through donation to an Economic Development Fund starting from US$100’000,or by investment into a Government Approved Real Estate Project; minimum investment sum being US$220’000.00. This form of investment is highly preferred by those with the availability of unencumbered funds and who wishes to recoup [ROI] some of their investment in the future.
We at WhinChester Corporate & Immigration Services PowerHouse can bring good things to you. Your exceedingly strong Caribbean Nation Passport is at your doorstep. Speak with your WhinChester Immigration Specialist.
We will handle everything. Let us know of your current immigration needs and what you are hoping to achieve. You will get an instant acknowledgement. The fields marked with an * are mandatory.
Panama Best Retirement Visa
In The World
Other Citizenship Program
Grenada Citizenship Program
Grenada citizenship is popular among investors due to the visa free access to China and their E-2 investor visa treaty with the USA.
Dominica Citizenship Program
Dominica is well known as one of the most reputed and affordable programs in the eastern Caribbean region.
Saint Lucia Citizenship Program
Antigua & Barbuda Citizenship Program
Antigua and Barbuda is known for the ease of access due to their international airport that serves as a terminal hub
Turkey Citizenship Program
Established in 2017, the Turkey Citizenship by Investment provides one of the fastest ways to secure a second passport.
Cyprus Citizenship Program
Cyprus offers the most assured path to Citizenship in Europe, popular among high net worth investors