PANAMA HAS A NEW RESIDENCE PROGRAM FOR INVESTORS
After the global crisis caused by covid_19, Panama’s government has approved some favorable policies in order to stimulate economic reactivation.
This is one of the reasons why NOW it is the perfect moment for those who are in search of good investments.
PANAMA OPENS ITS DOORS TO INVESTORS WITH AN INVESTMENT CAPITAL OF $300,000.
✔ As long as the purchase becomes effective within the first two years from the date the law was approved. After this time, the amount rises to $500,000.
✔ Real Estate investments can be for existing property or also on pre-construction properties.
ALL INVESTMENTS MUST BE KEPT FOR A MINIMUM OF 5 YEARS.
The investor can obtain immediate permanent residence after the completion of the process, which is estimated to take 30 days.
THIS IS THE FIRST TIME, THERE WILL BE A PROGRAM THAT ALLOWS QUALIFIED INVESTORS TO APPLY FROM ABROAD.
You can make the investment from abroad, through a local lawyer, and complete the process when you are in Panamanian territory.
If you want more information about this new residency program for investors, please do not hesitate to ask me.