Panama: Reduced Investment Amount and Other Relaxed Measures for Certain Permanent Residence Applicants
October 16, 2024

The Panamanian government has relaxed certain measures for foreign investors. First, it permanently extended the availability of a reduced minimum investment amount of USD 300,000 for foreign nationals seeking to apply for the Permanent Residence for Qualified Investors category through investments in tangible property or purchase agreements for unfinished property. The minimum investment amount was previously expected to be raised to USD 500,000 after October 15, 2024 for these types of investments. Additionally, these investors may now qualify if they invest in property under construction and pay the full value of the investment directly to the developer. Previously, a purchase agreement placed in escrow with an accredited financial institution was required (which also remains an option). However, the investor must secure a bank guarantee from the developer, among other requirements. Furthermore, applicants may now qualify if they co-own the property with their spouse or other family member, whereas previously, the applicant needed to personally own the property amounting to the full minimum investment amount.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
Explore more at Fragomen

Media mentions
Partner David Crawford discusses how Canada’s new Liberal government could bring more predictable immigration policies focused on labour needs.

Blog post
Partner Azeem Mohiuddin discusses how Qatar is implementing a strategic vision to develop a workforce that is prepared for future challenges and opportunities, highlighting the role of skilled migration in addressing gaps in the local workforce.

Media mentions
Partners Aaron Blumberg and Daniel Pierce discuss the SEVIS reversal and the continued challenges US international students may face.

Video
Practice Leader Kate Praphakornphiphat discusses Thailand’s Digital Nomad Visa—officially known as the Destination Thailand Visa (DTV)—and how you can apply for it.

Media mentions
Partner Aaron Blumberg explains that children of H-1B visa holders must secure a new legal status or leave the US when their H-4 dependent visas expire at age 21.

Media mentions
Partner Kevin Miner discusses unusual biometrics requests in H-1B and I-140 cases, noting they depart from standard practice.

Blog post
Regional Immigration Manager David Makau provides essential information about the launch of Bahrain's new Golden Visa portal, highlighting key details for applicants.

Video
Partner Diana Quintas shares everything you need to know about Brazil’s Digital Nomad Visa – a great option for remote workers looking to live and work in Brazil.

Media mentions
Partner Haseena Enu discussed her role in a pilot program mentoring Afghan legal professionals as they rebuild their careers in the US.

Media mentions
Partner Aaron Blumberg explained that SEVIS terminations are creating uncertainty for international students in the US and their employers.

Media mentions
Partner Amy Cococcia discusses the impact of tightened US immigration policies on work visa processing.

Media mentions
Partner Kevin Miner comments on USCIS’s atypical RFEs citing “adverse information” in employment-based petitions.

Media mentions
Partner David Crawford discusses how Canada’s new Liberal government could bring more predictable immigration policies focused on labour needs.

Blog post
Partner Azeem Mohiuddin discusses how Qatar is implementing a strategic vision to develop a workforce that is prepared for future challenges and opportunities, highlighting the role of skilled migration in addressing gaps in the local workforce.

Media mentions
Partners Aaron Blumberg and Daniel Pierce discuss the SEVIS reversal and the continued challenges US international students may face.

Video
Practice Leader Kate Praphakornphiphat discusses Thailand’s Digital Nomad Visa—officially known as the Destination Thailand Visa (DTV)—and how you can apply for it.

Media mentions
Partner Aaron Blumberg explains that children of H-1B visa holders must secure a new legal status or leave the US when their H-4 dependent visas expire at age 21.

Media mentions
Partner Kevin Miner discusses unusual biometrics requests in H-1B and I-140 cases, noting they depart from standard practice.

Blog post
Regional Immigration Manager David Makau provides essential information about the launch of Bahrain's new Golden Visa portal, highlighting key details for applicants.

Video
Partner Diana Quintas shares everything you need to know about Brazil’s Digital Nomad Visa – a great option for remote workers looking to live and work in Brazil.

Media mentions
Partner Haseena Enu discussed her role in a pilot program mentoring Afghan legal professionals as they rebuild their careers in the US.

Media mentions
Partner Aaron Blumberg explained that SEVIS terminations are creating uncertainty for international students in the US and their employers.

Media mentions
Partner Amy Cococcia discusses the impact of tightened US immigration policies on work visa processing.

Media mentions
Partner Kevin Miner comments on USCIS’s atypical RFEs citing “adverse information” in employment-based petitions.