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
Blog post
In this blog, Maja Sugui and Priyanka Gadekar explain how to obtain a Police Clearance Certificate in Germany, and the changes for the apostille and final certification request in 2025.
Media mentions
Country Manager María Inés Menvielle outlines Argentina’s updated immigration rules and their implications for business and foreign talent.
Media mentions
Media mentions
Partner Mark Buchanan says governments across Asia-Pacific are tightening visa rules while supporting key industries vital to economic growth.
Media mentions
Frankfurt Managing Partner Axel Boysen is recognized in the 2026 edition of The Best Lawyers™ in Germany.
Media mentions
Senior Associate Clara Gautrais and Immigration Paralegal Sean Pearce outline the impact of new visa skill requirements and sponsorship rules on UK construction firms.
Media mentions
This article in Irish Legal News covers the firm's recent announcement of its new office opening in Cork, Ireland.
Media mentions
Director Audrey Morew outlines how US retirees may apply for Finnish residency under the “residence permit on other grounds” route.
Media mentions
Partner Louise Haycock explains how the UK’s decision to double the qualifying period for Indefinite Leave to Remain is creating uncertainty for international talent and increasing pressure on employers.
Fragomen news
Fragomen announces the appointment of Partner Daniel Brown to the position of Chief Executive Officer of WorkRight U.S., the firm’s I-9 employee verification technology.
Fragomen news
Fragomen earned top rankings in Chambers USA 2025, with Band 1 recognition nationally.
Blog post
In this blog, Maja Sugui and Priyanka Gadekar explain how to obtain a Police Clearance Certificate in Germany, and the changes for the apostille and final certification request in 2025.
Media mentions
Country Manager María Inés Menvielle outlines Argentina’s updated immigration rules and their implications for business and foreign talent.
Media mentions
Media mentions
Partner Mark Buchanan says governments across Asia-Pacific are tightening visa rules while supporting key industries vital to economic growth.
Media mentions
Frankfurt Managing Partner Axel Boysen is recognized in the 2026 edition of The Best Lawyers™ in Germany.
Media mentions
Senior Associate Clara Gautrais and Immigration Paralegal Sean Pearce outline the impact of new visa skill requirements and sponsorship rules on UK construction firms.
Media mentions
This article in Irish Legal News covers the firm's recent announcement of its new office opening in Cork, Ireland.
Media mentions
Director Audrey Morew outlines how US retirees may apply for Finnish residency under the “residence permit on other grounds” route.
Media mentions
Partner Louise Haycock explains how the UK’s decision to double the qualifying period for Indefinite Leave to Remain is creating uncertainty for international talent and increasing pressure on employers.
Fragomen news
Fragomen announces the appointment of Partner Daniel Brown to the position of Chief Executive Officer of WorkRight U.S., the firm’s I-9 employee verification technology.
Fragomen news
Fragomen earned top rankings in Chambers USA 2025, with Band 1 recognition nationally.