Panama Pacific Economic Area Investor Visa

The Panama Pacific Economic Area Permanent Resident Visa for Investors is an option designed for foreigners who want to invest in this special zone, taking advantage of its tax and commercial advantages, and establish their permanent residence in Panama.

As an expert law firm in immigration law, Legalia Panama offers you comprehensive and personalized advice to guide you in the process of obtaining this visa and facilitate your investment in the Panama Pacific Economic Area.

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What is the Panama Pacifico Economic Area Investor Visa?

It is a residence permit that allows foreigners to obtain permanent residency in Panama through an investment in economic activities within the Panama Pacifico Special Economic Area, a zone with tax and labor incentives created to promote economic development and attract foreign investment.

Purpose of this Permit

The objective is to attract investors who contribute to the growth and development of the Panama Pacific Area, promoting strategic sectors such as logistics, services, industry and technology, among others.

Legal Basis

The Panama Pacific Economic Area Investor Visa is based on:

Law No. 41 of July 20, 2004

Creates the Special Regime for the Establishment and Operation of the Panama Pacifico Special Economic Area and the Panama Pacifico Agency.

Decree-Law 3 of 22 February 2008

Decree-Law No. 3 of 22 February 2008 regulates Panama’s migration policy, establishing rules and procedures for the entry, stay and residence of foreigners in the country.

Main Requirements

Minimum Investment

Make a minimum investment of US$250,000 in a company established and operating within the Panama Pacifico Special Economic Area.
The investment can be in shares or shares of a company, or in fixed assets necessary for the operation of the business.

Investment Documentation

Certification from the Panama Pacific Agency:
- Document that certifies the investment made and that the company is registered and authorized to operate in the area.
Financial Documents:
- Audited financial statements demonstrating the investment made.
- Evidence of the lawful origin of the funds invested.

Personal Documentation

Valid passport and authenticated copies.
Criminal record certificate from the country of origin or residence, duly apostilled or authenticated.
Medical certificate of good health issued in Panama.
Passport-size photographs .

Do you need legal advice?

To learn more about our immigration or naturalization services in Panama, or to discuss your specific needs, please do not hesitate to contact us.

Application Process

The process of applying for a Panama permanent residency visa is meticulous and requires careful preparation of the necessary documentation. At Legalia Panama we can help you with the entire process you need to obtain your visa in order to save you time and money.

These applications may be submitted prior to the entry into the national territory of the applicant and his dependents, through a special proxy. As long as the filiation process is completed in the Immigration Registry of the National Migration Service

Required Documentation

Legal Documents

Power of Attorney and Visa Application:
- Prepared and presented by a Panamanian lawyer.
Affidavit of Personal Background:
- Form where the applicant declares that he or she has no criminal record.

Investment Documents

Certification from the Panama Pacific Agency:
- It certifies the company’s investment and operation in the area.
Audited Financial Statements:
- They demonstrate the investment made.
Proof of Investment:
- Share purchase contracts, share certificates, asset acquisition invoices, etc.

Personal Documents

Original Passport and Full Copies:
- Copy of all passport pages.
Criminal Record Certificate:
- From the country of origin or residence of the last five years.
Medical Certificate:
- Issued in Panama by a qualified doctor.
Photographs:
- Four passport-size photos.

Other Documents

Proof of Economic Solvency:
- Recent bank statements.
Proof of Payment of Immigration Fees:
- Repatriation application and deposit fees (if applicable).

Steps to follow

Document Preparation: Gather all required documentation, ensuring that it complies with legal and immigration requirements.
Registration with the Panama Pacifico Agency: Ensure that the company in which you invest is duly registered and authorized.
Submission of the Application: Submit the visa application to the National Migration Service, accompanied by all the necessary documents.
Evaluation by Authorities: The authorities will review the application to verify compliance with the requirements.
Visa Approval and Issuance: Once approved, the permanent resident card will be issued

Benefits of working with Legalia Panama

We specialize in immigration processes and offer personalized and professional advice to ensure a hassle-free experience.

We have a team of lawyers with extensive experience in immigration law and a thorough knowledge of Panamanian regulations.

Our commitment is to provide an efficient service tailored to the individual needs of each client, ensuring your peace of mind and success in the process of obtaining permanent residency in Panama.

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