Three investment routes
Real estate is the most popular and, while the discounted price lasts, the cheapest entry. Securities and a bank deposit cost more but need no physical asset management.
What the full cost consists of
Government fees and legal work add a meaningful amount on top of the investment — a separate line item.
How the process runs
A good fit if
A poor fit if
Who runs this programme
Your request goes to two or three firms from this list. You see exactly which ones before it is sent, and you can exclude any of them.
This is an independent list of firms in the market, not our partners — we do not forward requests to them or receive payment for referrals. Contact them directly via the link.
Frequent questions
Will the price really go up?
Yes. The $300,000 real-estate threshold is a temporary discount expiring 15 October 2026. Without an extension from the regulator, the price returns to $500,000 — matching the securities route.
Why does the site say 6–9 months when the official target is 30–90 days?
The statutory period only covers the regulator’s review of the application. The full real-world process, with several mandatory trips to Panama for filing and biometrics, usually stretches to 6–9 months.
Is permanent residence really granted right away?
Yes, this is one of the few programmes in this index with no interim temporary-residence phase — the status is permanent from the moment it is approved.
What is territorial taxation?
Panama taxes only income earned inside the country — foreign-sourced income is not taxed. This is a separate tax system, not directly tied to permanent-residence status.
How many years until citizenship?
5 years of residence while maintaining the investment — since the physical-presence requirement is minimal (1 day every 2 years), it is worth confirming exactly what counts as "residence" for naturalisation.
Who can be included in the application?
Dependants — the government fee is lower for children: $2,000 from age 12, $1,000 under 12, against $10,000 for the main applicant.
Sources
Figures are for reference only. Verified against official sources on 26 August 2026. A precise quote is issued by the appointed firm after document review. This material is not legal advice, a public offer or investment advice.