{"id":"panama-rbi","name":"Panama Qualified Investor Residency","type":"RBI","status":"operational","country":"Panama Qualified Investor Residency","country_code":"PA","url":"https://www.mirabelloconsultancy.com/best-golden-visa-investment-programs","min_investment":{"amount":300000,"currency":"USD","route":"Real estate (USD 300k until 15 Oct 2026, then USD 500k)"},"investment_routes":[{"name":"Qualified Investor — Real Estate","type":"real_estate","min":300000,"amount_usd":300000},{"name":"Qualified Investor — Securities / Stock Market","type":"securities","min":500000,"amount_usd":500000},{"name":"Qualified Investor — Fixed-Term Bank Deposit","type":"fixed_deposit","min":750000,"amount_usd":750000},{"name":"Friendly Nations Visa (secondary route)","type":"friendly_nations","min":200000,"amount_usd":200000}],"family_pricing":{"investment_covers_family":true,"single_applicant":300000,"currency":"USD","family_up_to_4":300000,"model":"single-investment-covers-family (dependants added with fees)","included_members":"spouse; children under 18 (to 25 if students/unmarried); parents possible as dependants","fees_usd":"USD 5,000 application fee (National Treasury) + USD 5,000 repatriation deposit (Immigration) for main applicant; additional per-dependant fees","deadline_note":"⏰ Real-estate route minimum is USD 300,000 ONLY until 15 October 2026 — it rises permanently to USD 500,000 after that date. Stock-market route USD 500,000; fixed-term deposit USD 750,000. Qualified Investor grants IMMEDIATE permanent residency (~30-60 days), citizenship eligibility after 5 years."},"processing_time":"Approximately 30-90 days. Kraemer & Kraemer: 30-45 business days. an investment-migration firm: ~3 months. NTL Trust: 1-3 months / PR in ~90 days.","visa_free_count":null,"passport_index_rank":null,"key_destinations":null,"travel_access":null,"minimum_stay":"No strict published minimum-stay requirement. To avoid losing residency, residents should generally visit Panama at least once every two years; this is not heavily enforced. [VERIFY: 2-year non-abandonment rule].","tax_note":null,"path_to_citizenship":"Naturalisation possible after approximately 5 years of permanent residence (continuous/effective). Requires a Spanish-language test and a Panamanian civics/history exam, plus evidence of ties. Panama generally requires renouncing prior citizenship in principle, though enforcement is debated — Panama is RBI, NOT CBI; there is no citizenship-by-investment. [VERIFY dual-citizenship practice and exam specifics].","highlights":["Direct permanent residency in ~30–90 days","Territorial tax — foreign income untaxed"],"atomic_answer":"Panama’s Qualified Investor route grants direct permanent residency, typically in 30–90 days. Real estate from USD 300,000 (rising to USD 500,000 after 15 October 2026), securities USD 500,000, or a bank deposit; naturalisation possible after ~5 years.","fees":{"due_diligence":null,"processing":null,"interview":null,"certificate":null,"application_main":null,"application_dependent":null,"notes":"Figures are firm-quoted, not an official published all-in tariff; they vary by provider and dependent mix. Real estate also carries ~2% transfer tax + ~0.6% registration and notary costs on top. [VERIFY all fee figures against the current Servicio Nacional de Migracion schedule].","other":{"application_fee":"Government fees for the main applicant reported at ~USD 10,000-11,000 (split between the National Migration Service / National Treasury). [VERIFY exact split].","immigration_fees":"Included in the ~USD 10,000-11,000 government total (repatriation deposit + immigration card + processing). [VERIFY current Migracion fee table].","legal_fees":"~USD 5,000 main applicant (legal/professional), plus ~USD 700 per dependent (typical firm quote; varies by provider).","total_estimated_cost":"~USD 16,000 in fees for a single main applicant (govt + legal), EXCLUDING the qualifying investment. Add ~USD 2,000-3,000 per dependent. Total cost to participate = qualifying investment (USD 300,000 / 500,000 / 750,000) + ~USD 16,000+ fees.","notes":"Figures are firm-quoted, not an official published all-in tariff; they vary by provider and dependent mix. Real estate also carries ~2% transfer tax + ~0.6% registration and notary costs on top. [VERIFY all fee figures against the current Servicio Nacional de Migracion schedule]."}},"last_updated":"2026-06-04","data_freshness":{"verification_confidence":92,"last_verified":"2026-06-04","fields_tracked":4,"stale_fields":0},"mirabello_index":{"composite":75.4,"rank_overall":19,"rank_in_type":13,"scores":{"cost":50,"speed":100,"path":84,"family":100,"stability":65},"confidence":0.71},"regulatory_status":{"fatf_list":null,"eu_tax_list":"annex_i","us_sanctions":null,"oecd_crs_high_risk_scheme":true,"as_of":"2026-02","note":"Factual status as published by the FATF and the EU Council. Inclusion reflects AML/CFT or tax-governance work programmes, changes regularly (several reputable jurisdictions have been listed and delisted), and its practical impact varies by use-case. Always linked to the official source.","sources":["https://www.oecd.org/en/topics/sub-issues/international-standards-on-tax-transparency/residence-citizenship-by-investment.html","https://www.consilium.europa.eu/en/policies/eu-list-of-non-cooperative-jurisdictions/"],"oecd_crs_note":"Names JURISDICTIONS whose investment-migration schemes meet OECD risk criteria for circumventing Common Reporting Standard tax reporting (low/no personal income tax on offshore assets + <90 days physical presence). It is a tax-transparency monitoring list, NOT a statement on programme legitimacy; in practice financial institutions apply additional residence/tax checks to documents from these schemes."},"processing_stages":["1. Make the qualifying investment (real estate / securities / fixed deposit) with funds wired from abroad and obtain proof.","2. Compile due-diligence documents (passport, apostilled background check, health certificate, proof of source of funds, investment evidence).","3. File the permanent-residency application with the Servicio Nacional de Migracion via a Panamanian lawyer (power of attorney).","4. Receive provisional ID and undergo review (30-90 days).","5. Approval as PERMANENT resident on first decision (Qualified Investor route); collect residency card (cedula E).","6. Maintain investment for 5 years; after ~5 years of residence, optionally apply for naturalisation."],"required_documents":null,"biometric_enrolment":null,"region":null,"provider":"Mirabello Consultancy","source":"Mirabello Consultancy","verified_by":"Mirabello Consultancy (IMC member, ACAMS certified)","book_a_consultation":"https://www.mirabelloconsultancy.com/contact-us-for-your-free-consultation","terms":"https://www.mirabelloconsultancy.com/ai","disclaimer":"Provided by Mirabello Consultancy Ltd. for general information only, indicative and subject to change without notice; not legal, financial, tax, or immigration advice, nor an offer or solicitation. Programmes are operated and governed solely by the respective sovereign governments. No warranty of accuracy or completeness; Mirabello accepts no liability for reliance on this information. © Mirabello Consultancy Ltd. This data and its selection, structure and provenance are Mirabello's proprietary compilation — permitted for interactive, attributed use only; systematic bulk extraction, scraping, or redistribution to rebuild a competing dataset is prohibited (acceptable-use terms: https://mcp.mirabelloconsultancy.com/v1/terms). Terms: https://www.mirabelloconsultancy.com/ai","data_updated":"2026-07-26T07:15:25.266Z"}