Procedure guide · Immigration and citizenship
Panama Residency by Economic Solvency
Requirements and steps to get residency in Panama by proving economic solvency with a fixed-term deposit or a real estate investment.
- Minimum solvency
- USD 300,000
- Open to
- Any nationality
- Process
- Through a Panamanian lawyer
- Updated
On this page
In short
Residency by economic solvency lets you live in Panama if you can show your own resources through a fixed-term deposit at a Panamanian bank, a real estate investment or a combination of both, for at least USD 300,000. It does not require a specific nationality or a pension.
Requirements
- A fixed-term deposit at a Panamanian bank, property in your name in Panama or a combination of both, for at least USD 300,000.
- Funds from a lawful, documented source.
- A valid passport and no criminal record.
- File the application through a Panamanian lawyer.
Required documents
Passport
Full authenticated copy.
- Apostille or legalisation
Criminal record certificate
From your country of origin or residence.
Fixed-term deposit certificate
Issued by the Panamanian bank.
Public Registry certificate for the property
If solvency is shown with property.
Health certificate
Issued by a doctor in Panama.
Step by step
01
Open the deposit or buy the property
With documented funds.
02
Gather the documents
Apostilled or legalized, and translated if they are not in Spanish.
03
Your lawyer files the application
With the National Immigration Service.
04
Get your residency
Residency may first be granted as temporary and later become permanent, according to the periods set by the regulations.
Costs
- Official government fees
- USD 250 to the National Treasury and USD 800 to the National Immigration Service
- Lawyer's fees
- Depends on the case
Frequently asked questions
Can I combine a deposit and property?
The regulations allow you to combine both to reach the minimum amount. Review with a lawyer how to document it.
Can I withdraw the deposit?
The deposit must be kept for the period set by the regulations; withdrawing it earlier can affect your residency.
How is it different from the Qualified Investor visa?
The Qualified Investor visa requires a larger investment and grants permanent residency directly through a fast track. Economic solvency requires a smaller amount and may first be granted as temporary residency.