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How long is the Panama Business Investors Visa valid for?

I was told that it is possible to start up a business in Panama with a business investors visa. How long is the visa valid for? Does the performance of the business impact the visa? Does this visa lead to permanent residency?


Answers
  • Panama Global Solutions
    June 04, 2020

    The business investor residency permit is first granted for a period of two years, after which you may opt for a permanent residency one, as long as you maintain the investment in place.

  • Kraemer & Kraemer
    June 04, 2020

    Most Panama investment visa/residency applications grant permanent residency, which is indefinite. The most common option is the friendly nation's visa by starting any business or owning property but limited to 50 nationalities. Another option available to all nationalities is by investing $160,000 in any local business and hiring at least five local employees.

  • Mulford Abogados
    June 04, 2020

    The Panama Business Investors Visa is valid for two years, and then you can apply to the permanent residency. The performance of the business doesn't impact the visa, however, the investment must be of at least $180,000 and hired five Panamanian employees.