Residency & Golden Visas / Panama / Route
Panama · Residency route
Secure Panama permanent residency by investing in qualifying real estate. Fast-track approval, family inclusion, and expert guidance from XIPHIAS.
Last updated: 2026-10-01
Programme overviewنظرة عامة
Advising UAE residents on residency abroad from our Dubai office.
The real estate threshold is USD 500,000
Panama's Qualified Investor Visa is widely advertised at USD 300,000. That was a transitional rate, and it has either already expired or is about to:
| Route | Current minimum |
|---|---|
| Real estate | USD 500,000 |
| Securities (five-year hold) | USD 500,000 |
| Fixed deposit (five-year term) | USD 750,000 |
The transitional USD 300,000 sits in an amended article whose wording is genuinely ambiguous about which decree starts the clock. On one reading it lapsed in October 2024; on the other it lapses on 13 October 2026. Both readings point the same way for anyone planning today: budget USD 500,000.
Friendly Nations has changed too
It no longer grants permanent residence immediately. It now gives two years provisional residence first. Eligibility is limited to the nationalities listed in Executive Decree 226 of 2021, so XIPHIAS confirms whether India is on the current list with Migración before advising on this route.
Your Indian passport is safe on a residency
Section 9(1) of India's Citizenship Act 1955 ends Indian citizenship only on the voluntary acquisition of another country's citizenship. Holding a residence permit, permanent residence or a long-term visa does none of that.
So every route on this page is safe to hold. What differs between countries is the endpoint — and we will tell you plainly where a route can never become a citizenship, where it can, and what taking that step would cost you.
Talk to an immigration consultant in Dubai
XIPHIAS Immigration has guided families abroad since 2009, and our Dubai team works with UAE residents. We were named Best Immigration Consultant by The Times of India in 2022. Our immigration consultants in Dubai will take you through the legal requirements, costs and timeline.
Sources
Verified against government sources on 30 September 2026.
What you getالمزايا
Permanent residency through a qualifying real estate investment of USD 500,000.
Low stay requirements: as a practical rule, plan to visit Panama at least once every two years to keep permanent residence active.
Family inclusion: spouse, dependent children, and dependent parents (subject to dependency rules).
Foreign-sourced income is generally not taxed under Panama’s territorial tax system.
Opportunity to rent out the investment property.
Eligible to apply for Panamanian nationality after five consecutive years of residence; naturalisation requires renouncing your existing nationality.
Investment & costsالتكاليف
Qualifying investment
Minimum Real Estate Investment
Before submission · Invest at least USD 500,000 in titled real estate under Panama’s Qualified Investor permanent residency route.
Figures are indicative and exclusive of professional fees. Your advisor confirms an exact, written cost breakdown for your family size.
Eligibilityالأهلية
Requirements
Be at least 18 years old and legally admissible.
Clean police clearance certificate (apostilled/authenticated as required).
Qualifying real estate investment of at least USD 500,000.
Maintain the qualifying investment as the Qualified Investor rules require; XIPHIAS confirms the holding conditions for your file.
Valid passport (minimum 6 months validity recommended).
Health certificate from an authorized doctor.
Proof of lawful source of funds and completed application forms.
Proof of funds
Who cannot apply
Failure to prove the lawful source of investment funds.
Criminal record or inadmissibility issues.
Non-qualifying or non-compliant real estate investment structure.
The processكيف نعمل
Step 1 – Eligibility Assessment
Contact XIPHIAS for a preliminary assessment and route selection based on your profile and goals.
Step 2 – Complete the Investment & Documentation
XIPHIAS supports you in completing the qualifying real estate investment and assembling required documents.
Step 3 – File the Application
Authorized local representatives submit the permanent residency application to the Panamanian authorities.
Step 4 – Background & Funds Verification
Authorities verify background, source of funds, and investment compliance.
Step 5 – Approval & Permanent Residency Card
Upon approval, you receive permanent resident status and a permanent residency card in Panama.
Document checklistالوثائق
Identity & Civil
Documents may require apostille/authentication and certified translation.
- ✦Valid passport (all applicants)
- ✦Passport-size photos
- ✦Marriage certificate (if applicable)
- ✦Birth certificates for children
Police & Health
Requirements depend on where you apply and your country of residence.
- ✦Police clearance certificate (apostilled/authenticated)
- ✦Certificate of good health (issued recently)
Investment & Funds
Must demonstrate the investment funds’ legitimate source.
- ✦Proof of real estate investment (purchase contract/title/registration as applicable)
- ✦Bank statements and proof of lawful source of funds
- ✦Proof of payment of government fees
Dependents (if applicable)
Dependency requirements may vary for adult children and parents.
- ✦Relationship proof (marriage/birth certificates)
- ✦Proof of dependency for adult children (student status/financial dependency)
- ✦Dependency proof for parents
Your XIPHIAS advisor prepares a personalised document list at onboarding. The checklist above is indicative and may vary by family size.
Family scopeالأسرة
All eligible dependants can be included in one application or added after approval.
Age limits, dependency definitions, and addition fees vary by jurisdiction. Your advisor confirms exact rules at onboarding.
Risk notes
The real estate threshold is USD 500,000. The USD 300,000 transitional rate under Executive Decree 722 of 2020, as amended by Executive Decree 109 of 2022, either lapsed in October 2024 or lapses on 13 October 2026, depending on how the transitional article is read. Either reading gives the same practical answer: budget USD 500,000.
Panama does not permit dual citizenship. Migración’s own naturalisation form requires an express and irrevocable renunciation of the previous nationality, and Article 13 of the Constitution treats acquiring another nationality as tacit renunciation.
Panama’s Friendly Nations Visa is limited to the nationalities listed in Executive Decree 226 of 2021. XIPHIAS confirms your nationality against the current list with Migración before advising that the route is open to you.
Compliance
Qualified Investor Visa: real estate USD 500,000; securities USD 500,000 held five years; or a fixed deposit of USD 750,000 on a five-year term. Grants permanent residence.
Friendly Nations Visa now grants two years provisional residence and then permanent residence — the former immediate-permanent route no longer exists. Real estate USD 200,000, or a fixed deposit of USD 200,000 for three years, or an employment letter.
Naturalisation after five years under Article 10 of the Constitution, or three years with a Panamanian spouse or children.
Government fees are payable to the Servicio Nacional de Migración and the National Treasury; XIPHIAS confirms the current schedule for your file.
Questionsأسئلة شائعة
This route, answered.
A residency-by-investment route that grants permanent residency after investing at least USD 500,000 in qualifying real estate.
Start the Panama route.
A senior advisor will confirm the exact costs, timeline and documents for your case — privately, and entirely off the record.