When will Panama increase the minimum property acquisition amount in 2022?

Will the real estate investment option under the Qualified Investor Permanent Residency program be available for $300,000 throughout the year?

Answers

Natalia Mulford

Mulford Abogados

On Natalia Mulford answered:

After October 15, 2022, the real estate investment option will increase to $500,000.

Marcos Kraemer

Kraemer & Kraemer

On Marcos Kraemer answered:

The $300,000,00 investment amount is valid until October 2022, after which it will increase to $500,000.

Emilio Cornejo Vernaza

Panama Global Solutions

On Emilio Cornejo Vernaza answered:

The $300,000 real estate investment option under the Qualified Investor Residency program will increase to $500,000 on October 15, 2022.