Panama is a country of opportunities, both for nationals and foreigners. This is why at Legacy Group Services we will share how Investors can obtain a Business Visa to continue promoting their businesses successfully from Panama.
Thus we have that there are different types of Visa, which will depend on the commercial intention of the client, for which, our commitment is to advise you in an effective and comprehensive manner towards the procedure that best suits your objective.
SHORT STAY VISA FOR BUSINESS:
SHORT STAY VISA FOR BUSINESS: When it comes to establishing foreign subsidiaries, carrying out commercial transactions and/or participating as a bidder in terms of Public Tenders. In this case, you must prove the economic solvency of the applicant or the person who invites you, with a minimum of five (5) average figures and other requirements established by our Immigration Law.
SHORT STAY VISA FOR QUALITY OF MERCHANTS AND INVESTORS BY SPECIAL LAWS:
This type of Visa is requested when we are in the presence of Investors who enter our territory to analyze possible Commercial opportunities, to carry out transactions in Export Processing Zones, for Call Center business reasons, among others; provided that they comply with the provisions of our Immigration Law.
In the same way, we must specify that in those cases where the Investor needs to apply for Residence, he must prove various types of Economic Solvency and comply with the requirements established by our regulations on immigration matters.
It could be seen as cumbersome and complex procedures, which indeed they are, however, for such purposes the Legacy Group Services law firm facilitates the processing and administrative management with a guaranteed positive result.
RESIDENCY REQUIREMENTS FOR ECONOMIC REASONS:
MACRO-COMPANY INVESTORS:
In these cases, the client's minimum share capital must be no less than ONE HUNDRED AND SIXTY THOUSAND DOLLARS (US$160,000.00), for each applicant, said permit will be valid for two (2) years, in the same way they must prove that this figure is part of their own pocket.
ECONOMIC SOLVENCY BY OPENING OF FIXED DEADLINES:
The sum of THREE HUNDRED THOUSAND DOLLARS (US$300,000.00) must be invested in a Fixed Term deposit and it must be shown that the funds come from abroad and that they belong to his estate. Initially, the permit will be granted for two (2) years and then the foreigner may opt for Permanent Residence.
ECONOMIC SOLVENCY BY INVESTMENT OF REAL ESTATE:
A real estate investment is required for the minimum amount of THREE HUNDRED THOUSAND DOLLARS (US$300,000.00) in Real Estate within the Republic of Panama, demonstrating that the funds come from abroad, you may first request a Permanent Residence permit and after two (2 ) years, the foreigner is allowed to opt for Permanent Residence.
ECONOMIC SOLVENCY BY MIXED INVESTMENT:
In these cases, the foreigner is allowed to present a combination between Real Estate and Fixed Term, provided that the minimum amount is THREE HUNDRED THOUSAND DOLLARS (US$300,000.00); This permit will be for a term of two (2) years and after this time has elapsed, the applicant may opt for Permanent Residence.
RESIDENCY REQUIREMENT FOR SPECIAL POLICIES:
RESIDENCY REQUIREMENT FOR SPECIAL POLICIES
This procedure is widely used by our clients due to the nature of the commercial act, since it presents a wide range of minimum investment possibilities for the sum of TWO HUNDRED AND FIFTY THOUSAND DOLLARS (US$250,000.00) in Enterprise Venture Capital of the Panama-Pacific Area or in Developer or Operator Companies. You must demonstrate that this capital comes from abroad, in turn you must meet the other requirements established by the Immigration Law and the special laws that govern the Panama-Pacific Area.
The peace of mind of our clients is our priority, which is why in the event that it is required to apply for Residence for Economic Reasons, Special Policies or Special Laws, or any other procedure before Government entities, we guide you on the best options that allow you to comply with the procedure of Law. In this way, as an Investor, you focus on the execution of your business plan and commercial procedures in Panama, and we solve the legal part for you.
Legacy Group Services offers you the opportunity to make a business improvement and protect your corporate and family assets from Panama. If you have any questions, please write to us at info@legacy-groupservices.com.
English 
Español