Panama Friendly Nations Visa

Panama

Entrepreneur , Investor
All Business Sectors
$5000

Panama Friendly Nations Visa is for foreigner from 50 nations considered “friendly” to Panama. To qualify, the friendly citizen can either buy an existing Panama business or create a new business here or be employed in a professional capacity for a Panama professional services company. For business sector, all sectors are eligible except “Retail” business

Panama Friendly Nations Visa

Panama Friendly Nations Visa is for foreigner from 50 nations considered “friendly” to Panama. To qualify, the friendly citizen can either buy an existing Panama business or create a new business here or be employed in a professional capacity for a Panama professional services company. For business sector, all sectors are eligible except “Retail” business

Country

For who?

Entrepreneurs , Investors

Time Granted Details

One year

Requirements

All documents must be within 2 months of visa application, translated in spanish by recognized translator and passports must have at least 1 year to run
- Original Professional Reference Letter (Not older than 6 month)
- Certified copy of Business License or Incorporation documents
- A written Statement describing the economic or professional activities to be conducted by the applicant in Panama
- Eight passport-size photos
- Certified copy of ID Card
- Certified copy of passport
- Evidence of Residential Address
- Original Bank Reference Letter (Not older than 6 month)
- Original Police Clearance Certificate
- Original or Certified copy of Birth Certificate (if applicable)
- Original or Certified copy of Marriage Certificate (if applicable)
- Affidavit of support for Dependents
- Medical Certificate

Minimum fund

$5000

Fund Source

This information is not available

Visa application fees

1050 USD

Duration

Up to 6 months

Documents required

This information is not available

Procedures

All visa applications must be made through a Panamanian lawyer

How to apply?

The website of the national service of migration in Panama : https://www.migracion.gob.pa/permisos-y-requisitos-para-visas/permisos-migratorios

Additional info

To get assistance from a Panamian lawyer, applicants can visit the website of POLS Attorneys : http://www.panama-offshore-services.com

Family

Dependents (Spouse and children under 18 or up to 25 if they are in school) can be included in the residency, however, the investment must be increased by Two Thousand US Dollars (US$2000) per additional dependent. The Spouse must provide a legal marriage certificate. Children must provide birth certificates.