DIFFERENCE BETWEEN A PANAMA REGULAR RESIDENCE VISA AN A PANAMA QUALIFIED INVESTOR VISA

DIFFERENCE BETWEEN PANAMA REGULAR RESIDENCE PROGRAM AND PANAMA QUALIFIED INVESTOR VISA PROGRAM


Regular Residence Program

Qualified Investor Residence Program

Type of Residence:

2 years provisional residence

1 year and 11 months before provisional residence expires, you must apply for permanent residence

You will be granted permanent residence immediately after approval.

Process Time: Process Time: 6 months for each type of residence.

Process time of the Qualified Real Estate Investment Visa: 30 days after the investment is certified.

Process at Immigration Office

It is Processed at a special department of the Ministry of Commerce and at a special department of the Immigration Office

Investment: Not time limit to maintain the investment after approval

Investment: You need to keep the investment for five years, and submit yearly reports to the Ministry of Commerce and Immigration Office

Government Fees: regular

Government Fees: Higher

Paperwork: You must submit the same documents to apply for permanent residence, with the exemption of the criminal history.

Paperwork: You only need to submit the documentation once. However, every year you must submit a report proving that you still have the investment.

Visit to Panamá: You must be in Panamá when the paperwork is submitted.

Visit to Panamá: You do not need to be in Panamá to submit the paperwork.