After the two (2) years' period, the applicant may opt for the permanent residence.
The permit of permanence is granted to those aliens who have their own capital from abroad to invest in economic, agricultural, commercial, industrial activities in companies duly registered in Panama.
Shall invest in a personal title or invest or through a legal person in activities of reforestation or authorized forest plantation by the National Authority of the Environment, of at least twenty (20) hectares and whose minimum investment is of eighty thousand dollars ($ 80.000,00). If it is a legal person, this permit may be requested by two (2) aliens who will be able to request for this permit up to two foreigners whenever they demonstrate that each one made the investment minimum of eighty thousand dollars ($ 80.000,00). This permit may be requested by the alien that invest provided that each one demonstrates that he did the minimum investment of eighty thousand dollars (B/.80,000.00).
Shall have to invest a minimum share capital of one hundred sixty thousand dollars ($160,000.00) per applicant, being these shareholders and dignitaries of the same company. Shall count with a Permit of Commercial Operation and have a payroll of at least of five (5) Panamanian employees.
Shall invest the minimum amount of three hundred thousand balboas (B/.300,000.00) in real estate or time deposit or the combination of both and validates that the funds come from abroad..
1.3.1 Economic solvency by Opening a Time Deposit
Shall make an opening of banking account with account of a Time Deposit on his name, with a minimum period of three (3) years, (the time deposit shall be free of all encumbrances) in any bank with general license in the national territory, for a minimum amount of three hundred thousand balboas (B/.300,000.00), or its equivalent in foreign currency.
1.3.2. Economic solvency for Investment in Real estate
Shall have a personal real estate title for a minimum amount of three hundred thousand dollars ($ 300.000,00) or its equivalent in foreign currency.
1.3.3. Own Economic solvency for Mixed Investment (Time Deposit and Real estate)
Shall make an opening of banking account with account of a Time Deposit on his name, with a minimum period of three (3) years, (the time deposit shall be free of all encumbrances) in any bank with general license in the national territory. Shall have a personal real estate title for a minimum amount of three hundred thousand dollars ($ 300.000,00) or its equivalent in foreign currency.
Shall be retired from active duty and receives a minimum monthly income of two thousand dollars ($2,000.00) coming from interests earned from an opening banking account with a time deposit account placed in the National Bank of Panama or Caja de Ahorros, which are two local banks, free from encumbrances or guarantee of any nature, that shall be for a fixed period of five (5) years. This Residence grants a Panamanian special passport.
Shall receive a retirement or pension payments from a foreign government, international organization or private company, that shall be confirmed by a letter of a foreign pension administrative company, of trust, mutual funds, insurances or banking that certifies that such funds exists to guarantee his lifetime pension and cannot be less than one thousand dollars ($1,000.00). In case that the applicant proves that has acquired a property for him within the national territory for an amount greater than one hundred thousand dollars ($100,000.00); then the pension could be seven hundred fifty dollars ($750.00).
Shall have a working contract with the Panama Canal Authority with a permanent status.
Shall make a minimum investment of two hundred fifty thousand dollars ($250,000.00) in the risk capital of a Company of the Panama-Pacific Area or in Developer or Operators Companies. Shall have a payroll of three (3) Panamanian employees.
Shall be hired by the company of the Panama-Pacific Area, which will be responsible and shall have a working permit.
Shall invest an amount not less than two hundred fifty thousand dollars ($250,000.00) coming from abroad, in a company duly authorized, as promoter or operator of an Export Processing Zone or companies established within these areas.
Shall invest an amount not less than two hundred fifty thousand dollars ($250,000.00) coming from abroad, in a company which activity is to offer services as call center for commercial use (call center) for export.
Shall invest in the Film Industry with an amount greater than one hundred fifty thousand dollars ($150,000.00).
To Italian nationality who wish to establish their residence indefinitely, with the purpose of exerting economic or professional activities of any kind. Shall be exempt from paying the deposit for repatriation to the Italian people to apply to permanent residence permits covered by the Treaty of Friendship, Commerce and Navigation between the Republic of Panama and the Republic of Italy.
Shall have to be married with a Panamanian and that live with him (or her) in a singular, stability and continuity conditions.
Could request it for spouses, children under 18 years old, relatives with disability and parents of provisional resident with two (2) years, permanent or local resident. Children over 18 years old and less than 25 years old, could be requested as dependents, as long as they are studying regularly and are under the economical dependency of the resident or local. The resident or local that confirms to have the custody of the minor person could be able to request him as dependent.
You must prove the purpose of requiring Permanent Residence according to the economic or professional activity to be carried out. That must be demonstrated by:
A. For Labor reasons: Through a company duly registered in Panama.
B. For investment reasons of a Real Estate: the minimum investment of $ 200,000.00 dollars.
The countries that can apply are:
| Andorra | Argentina | |
| Australia | Austria | |
| Belgium | Brazil | |
| Canada | Chile | |
| Costa Rica | Croatia | |
| Cyprus | Czech Republic | |
| Denmark | Estonia | |
| Finland | France | |
| Germany | Great Britain | |
| Greece | Hong Kong | |
| Hungary | Ireland | |
| Israel | Japan | |
| Latvia | Lithuania | |
| Liechtenstein | Luxembourg | |
| Malta | Mexico | |
| Montenegro | Monaco | |
| Netherlands | New Zealand | |
| Norway | Paragua | |
| Poland | Portugal | |
| Republic of Korea | San Marino | |
| Serbia | Singapore | |
| Slovakia | South Africa | |
| Spain | Switzerland | |
| Sweden | Taiwan | |
| Uruguay | USA |
You shall be hired by a private company, receiving a monthly salary of at least eight hundred fifty balboas (B/.850.00).
You shall be hired by a company as expert or technician, receiving a monthly salary of at least eight hundred fifty balboas (B/.850.00).
You can request it if they are priests and other members of the clergy, dedicated to the pastoral work and are of consecrated life, duly certified as such.
You can request it when you belong to churches, missions or religious communities, duly certified and registered as such.
