middle_east
UAE Retirement Visa
From ~USD 2.0M
1-2 mo · 30yr to citizenship
Americas
Panama Friendly Nations Visa / Qualified Investor Visa
Easy residency for 50+ friendly nations with territorial taxation. Foreign income is tax-free with path to citizenship in 5 years.
Program overview
- Status
- Active
- Minimum Investment
- USD 400K
- Established
- 2012
- Processing Time
- 1-6 months
- Schengen Access
- No
Investment options
Real Estate
USD 200K
Other disbursements
Refundable deposit
USD 200K
Citizenship requirements
Eligibility
After 5 years
Language
Spanish
Test
Required
Key benefits
Territorial tax system - foreign income not taxed
Travel to Panama passport grants 90/180 Schengen
Family inclusion
Spouse
Dependent children up to age 18
Parents
Tax situation
Territorial Tax System
- Eligibility
- Residency
- Duration
- Indefinite
- Income Tax
- 0-25%
- Foreign Income
- Exempt
- Capital Gains
- 10%
- Dividends
- 5% / 10% / 20%
- Wealth Tax
- None
- Inheritance Tax
- None
| Tax Type | Territorial Tax System |
|---|---|
| Eligibility | Residency |
| Duration | Indefinite |
| Income Tax | 0-25% |
| Foreign Income | Exempt |
| Capital Gains | 10% |
| Dividends | 5% / 10% / 20% |
| Wealth Tax | None |
| Inheritance Tax | None |
| Learn more |
Program details
Panama offers two main pathways for investors. The Friendly Nations Visa is available to citizens of 50+ qualifying countries (including US, Canada, UK, EU nations, and Australia) through property investment or bank deposit. The Qualified Investor Visa requires investment in pre-approved real estate, with thresholds potentially increasing to USD 500K after October 2026.
Panama's tax system is territorial, meaning foreign-source income is not taxed. The economy uses the US dollar, providing currency stability.
The pathway to citizenship takes 5 years but requires renouncing original citizenship, as Panama does not permit dual nationality. Applicants must demonstrate Spanish language proficiency and pass a civics test.
No minimum stay requirements apply for maintaining residence status, making it attractive for those seeking flexibility.
Interested in Panama's Friendly Nations Visa / Qualified Investor Visa?
Our advisors can guide you through the application process and help you evaluate if this program fits your goals.
Schedule consultationOther Residency programs
Population
World Bank Data, Panama - Population, total (2024)·Last checked: 13/01/26
Territorial concept + PIT brackets
PwC Worldwide Tax Summaries - Panama - Individual - Taxes on personal income·Last checked: 13/01/26
CGT mechanics, no wealth / no inheritance taxes
PwC Worldwide Tax Summaries - Panama - Individual - Other taxes·Last checked: 13/01/26
Dividend WHT bands (5% / 10% / 20%)
PwC Worldwide Tax Summaries - Panama - Corporate - Withholding taxes·Last checked: 13/01/26
Immigration authority
Servicio Nacional de Migración (SNM)·Last checked: 13/01/26
Expert guidance
Find your path to permanent residency
Our advisors help you compare programs, understand citizenship timelines, and structure your investment for maximum benefit.
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