I own a farm in my home country and want to know how I can qualify for the agricultural investor program of Panama and obtain residency in the country.
Answers
The Agro-Investor program grants a temporary residency permit for two years, which can be renewed two times, totaling a length of six years. The applicant will need to invest a minimum of $60,000 in any authorized agricultural-related business.
Currently, the Agricultural Investor Visa in Panama allows you to invest at least $60,000 in an agricultural project in Panama, including that can be involved in it, but only grants the Temporal Residency valid up to six years.
Foreigners can become Panama temporary residents by investing in aquaculture, farms, or agriculture in Panama, with a minimum investment of $60,000. The maximum period for temporary residency under the Panama Agriculture Investor Visa is six years with the temporary residency permits being extended every tow years. This investment program does not provide Panama permanent residency or Panama citizenship.