The following are some key aspects to consider when applying for the permanent residence permit as a qualified investor, in accordance with the recent reforms introduced by Executive Decree No. 193 of October 15, 2024:

▪ The minimum investment of US$300,000.00 for the acquisition of real estate in the Republic of Panama remains unchanged. The property must be free of mortgage liens, and if it is valued at more than US$300,000.00, the difference can be financed.

▪ Two new modalities have been introduced for investing through a real estate purchase promise contract:

a. Through a deposit in a trust managed by a bank or trust company licensed to operate in Panama.

b. By paying the developer or seller 100% of the value of the property that has not yet been built, subdivided, or registered with the Public Registry of Panama.

▪ The investment in securities remains at US$500,000, while the fixed-term deposit investment remains at US$750,000.00.

▪ In cases of joint ownership or co-ownership through a legal entity, the co-owners must be spouses or dependents, and they must also be the ultimate beneficiaries of the legal entity used to make the investment.