Panama
Country Profile
- Official Name: Republic of Panama
- Capital: Panama City
- Population: Approximately 4.5 million
- Location: Central America, connecting North and South America
- Government Type: Presidential Republic
- Language: Spanish; English widely used in business
- Currency: Panamanian Balboa (PAB); US Dollar also used
- Exchange Rate: 1 PAB = 1.00 USD
- Passport Rank: 26th as of February 2026
- Visa-Free Travel: 147 destinations as of February 2026
- Residency Requirement: One visit to Panama every two years to maintain residency status
Benefits of Republic of Panama
- Flexible Stay Requirement: Maintain residency with just one visit to Panama every two years.
- Pathway to Citizenship: Eligible applicants may apply for citizenship after five years of residency.
- Family Inclusion: Include spouse, dependent children, and financially dependent parents.
- Territorial Tax System: Foreign-sourced income is generally tax-exempt.
- Dollarized Economy: Panama uses the US Dollar, supporting financial stability
- Strong Business Hub: Panama is a key gateway for trade, banking, and investment in the Americas.
- Quality Lifestyle: Modern infrastructure, healthcare, connectivity, beaches, and lower living costs.
Investment Options
Investment Option
Minimum Contribution
Description
Panama Residency by Investment
USD 300,000
Qualifying investment route under the program for applicants seeking permanent residency in Panama.
Family Application
Case-dependent
Eligible dependent family members may be included, subject to documentation and financial dependency requirements.
Business Investment
USD 1,500,000
Direct investment into an eligible business as a sole investor or joint investment totaling USD 5,000,000.
University of the West Indies (UWI) Fund
USD 150,000