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Panama

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Requirements

Restricted Nationalities

No nationality is officially restricted

Documents Required

  • Original and photocopy of passport
  • Original or Certified copy of Birth Certificate (if applicable)
  • Original or Certified copy of Marriage Certificate (if applicable)
  • Eight passport-size photos
  • Original Police Clearance Certificate
  • Medical Certificate
  • Affidavit regarding criminal records
  • Affidavit of support for Dependents
  • Certificate of the registrar of companies
  • Documents certifying Business Investment
  • Copy of tax return (if applicable)
  • Unique Registration of the Taxpayer (RUC) identity number
  • Original Bank Reference Letter (Not older than 6 month)
  • Business Plan
  • dual citizenship No
  • Family members included Yes
  • land ownership Yes
  • Physical residence required No
  • Personal visit required Yes
  • Language skills required No
  • Interview required No
  • Investment Single $160,000
  • Investment Family 4 $166,000
  • Minimum annual income -
  • Time to citizenship 84
  • Time to permanent residency 24
  • Visa-free countries 144
  • Financing available No

Country details

Panama
PAB
507
Panama City
North America
Spanish (Panama), English
3,410,676

Visa Free Travel

With your new passport from Panama you'll be able to access 144 countries visa free
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Taxes

  • Property tax Yes
  • Transfer tax No
  • Inheritance tax No
  • Net worth tax No
  • CFC law No
  • Tax residency days 183
  • Personal income tax rate 25%
  • Capital Gains tax rate 10%
  • Investment income tax rate 25%
  • Territorial taxation Yes

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