Gray and Co, lawyers, abogados, international legal services, Panama City

Beth Anne Gray J., LL.B. (Hons.)

P.O. Box 832-0816 - World Trade Centre - Panama City - Republic of Panama

International Legal Services

 

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Investment Proof

Investors & Businesspeople in Panama - Investment in an operating business ($160,000.00)

All documents issued overseas must be Authenticated before being presented in Panama

Process in a Nutshell | Requirements: Immigrant Visa | Requirements: Permanent Residence

This requires an investment of $160,000.00 into a company licensed to operate in any part of Panama. 

Where the investor has dependents who will also be included in the application, an additional US$2,000.00 capital per dependent must be invested. 

Process in a Nutshell

  1. Register with the Immigration Department
  2. Incorporate the Company, get the business license, register with Social Security and set up the payroll (see Doing Business in Panama);
  3. Apply for the Immigrant Visa as an Investor;
  4. Receive your temporary permit for a 3-month period (Provisional Residency Permit) from the Immigration Department.  If you would like to be able to travel out of the country, you will also need to get the 3-month Multiple Entry/Exit Permit;
  5. Upon approval of your visa, you will be issued a 2-year residency card;
  6. Before your Provisional Residency Permit expires (at the end of the 2 years), you should apply for Permanent Residency as an Immigrant Investor;
  7. You will be granted at this time another temporary permit (3-months) while your paperwork is reviewed;
  8. Granting of your Permanent Residency by the Immigration Department, and issuance of the letter to the Civil Registry authorising the granting of a Cédula (see explanation regarding cédulas);
  9. Go to the Civil Registry and get your Cédula;
  10. After 5 years of Permanent Residence, you will be eligible to apply for naturalisation and citizenship.

Requirements for the Immigrant Visa as an Investor

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All documents listed in the general requirements

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Proof of the investment in the company  

Note:  Where the applicant has dependents, please refer to the information regarding dependents, on our general requirements page.

Requirements for applying for Permanent Residence as an Investor

In addition to the documents presented above, you must present: 

  1. Certificate of Good Standing of the applicant - by the tax authorities
  2. Certificate of Good Standing of the company - by the tax authorities
  3. Company's tax return, with the original payment receipts.  This must show a paid in capital of at least $160,000.00. 
  4. Copy of the Form 03, submitted with the Tax Return
  5. Certificate of Good Standing from the Social Security Board
  6. Expired Provisional Residency Permit

Note:  Where the applicant has dependents, please refer to the information regarding dependents, on our general requirements page.

For more information regarding the Immigrant Investor option, please do not hesitate to send an email.

To request an immigration form, please email us, or download a word document.

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Last modified 05-Aug-2009 10:19 -0400

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