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Panama

Panama runs on the US dollar, taxes only what you earn inside the country, and offers some of the fastest permanent residency routes in the region. Miami is 3 hours away, the banks are real, and the paperwork is predictable if you do it in the right order. This page covers the routes we have checked on the ground, what each one costs, and how long it takes. PLACEHOLDER: JD to replace before launch.

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The ways into Panama

Panama offers 3 broad ways in: visas tied to your nationality and a local company, residency tied to an investment, and citizenship after years of residence. Most people start with a residency route and decide on citizenship later.

The right route depends on 3 things: your passport, how much you want to invest, and how fast you need permanent status. The program cards below lay out each route with its minimum, timeline and how often you need to be in the country.

PLACEHOLDER: JD to replace before launch.

Dollar economy

The US dollar is legal tender, so there is no currency risk on your savings.

Territorial tax

Income earned outside Panama is outside its tax base.

3 hours from Miami

Direct flights to most US hubs from Tocumen.

Permanent in 1 trip

The Qualified Investor route grants permanent residency on first approval.

Programs

Residency

Friendly Nations Visa

From
$200K property or deposit
Timeline
TBC
Status
Permanent after 2 years
Presence
TBC
  • For citizens of the friendly-nations list
  • Spouse and kids on the same file
  • Path to permanent residency
Residency

Residency via Company Formation

From
TBC
Timeline
TBC
Status
Permanent after 2 years
Presence
TBC
  • No property purchase required
  • Friendly Nations route through a company
  • Path to permanent residency
Residency

Qualified Investor Visa

From
$300K new-build property
Timeline
30 to 90 days
Status
Permanent on first grant
Presence
1 visit every 2 years
  • Permanent residency for the family in 1 trip
  • 5 qualifying investment routes
  • Foreign income outside Panama's tax base
Banking

Bank Account for Non-Residents

From
TBC
Timeline
TBC
  • US dollar accounts in a dollar economy
  • Banks that accept non-residents
  • The documents each bank asks for
Banking

Crypto Bank Account

From
TBC
Timeline
TBC
  • Banks that accept crypto-sourced funds
  • A clean paper trail for deposits
  • US dollar on and off ramps
Structure

Private Interest Foundations

From
TBC
Timeline
TBC
  • Hold assets outside your own name
  • Plan succession for your family
  • A long-standing Panama structure

Panama FAQ

Can my spouse and kids get residency with me?

Placeholder answer, 40 to 80 words. PLACEHOLDER: JD to replace before launch.

Do I have to live in Panama to keep residency?

Placeholder answer, 40 to 80 words. PLACEHOLDER: JD to replace before launch.

How long until I can apply for citizenship?

Placeholder answer, 40 to 80 words. PLACEHOLDER: JD to replace before launch.

Can I open a bank account before I have residency?

Placeholder answer, 40 to 80 words. PLACEHOLDER: JD to replace before launch.

Is Panama safe for a family?

Placeholder answer, 40 to 80 words. PLACEHOLDER: JD to replace before launch.

Get the Panama Primer

The routes, the costs and the order to do things in, in 1 short guide.