Could I withdraw some funds at some point to invest in real estate inside Panama?
Answers
Depending on the residency option taken by bank deposit, the funds would need to be kept for 3 or 5 years, being available for withdrawal upon the term completion.
Depending on the type of residency permit you apply to, a bank fixed deposit should be done for either 36 or 60 months. Friendly Nations Visa requires a USD 200k deposit for 36 months; the Self-Solvency Residency program requires a USD 3000k deposit, for 36 months; the Qualified Investor’s Visa will require a deposit of USD 750k for 60 months. There are some available options where you may invest directly in real estate and obtain residency, as well.