How can South African investors use the Friendly Nations visa to gain residency in Panama during the pandemic?

I’m in South Africa looking to gain residency by investment in Panama without having to travel during the pandemic. Would I qualify for the Friendly Nations visa if I don’t visit? Would I need to show a vaccination certificate?

Answers

Emilio Cornejo Vernaza

Panama Global Solutions

On Emilio Cornejo Vernaza answered:

Unfortunately, at the moment, this type of residency permit still requires your physical presence in Panama for at least 10 business days. Vaccination certificates are not being requested, but a negative COVID-19 test, not older than 48 hours, will be required.

Marcos Kraemer

Kraemer & Kraemer

On Marcos Kraemer answered:

The Friendly Nations Visa requires a personal visit to file the application. Those who visited South Africa are required to go through mandatory quarantine upon arrival. Please note the current program is valid until Aug. 18 as per an executive decree.

Natalia Mulford

Mulford Abogados

On Natalia Mulford answered:

Unfortunately, it’s no possible to apply for the Friendly Nations visa without visiting Panama first; the applicant must be in the country. There are other visas that you can apply without visiting Panama, such as the qualified investor visa with an investment of 300,000.

Abel Gomez

Gomez Tomiczek

On Abel Gomez answered:

With the Golden Visa, it is not necessary to be on that list of Friendly Nations for investing in Panama.