Tuesday, Mar 02, 2021

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250 residence permits for foreign investors are approved

The National Migration Service of Panama reported that a total of 253 residence permits were approved in favor of foreign investors in 1 year and 6 months after the current administration.
"In the category of Own Economic Solvency (Real Estate Investor) from July 2019 to January 2021, 135 permits were approved; as a City of Knowledge Investor or Entrepreneur, the amount to date has been 45 permits, for Own Economic Solvency ( Mixed Investment) the total adds up to 35 residence permits, while per Macroempresa Investor the figure is 25 permits and in other categories related to investors 13 residence permits are registered," Migration Service indicates in a statement.

Regarding the detail of these permits, the entity points out that the nationalities with the highest number in the line of residence permits approved for investors are: Venezuelans (129), Chinese (55), Colombians (38), other countries (31).

The entity adds that the necessary requirements to apply to these types of permits can be found on the website of the National Migration Service,, specifically in the transparency section, in point 9.8 detailed as Requirements for Migratory permits.

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