Panama has some very attractive benefits to entrepreneurs, who can enter the country on an investor visa. This visa is for those starting a business in Panama, or investing in an existing business. There are several stipulations:
The visa provides a two year residency permit. After two years, a permanent visa will be granted. After five years, the process of applying for Panamanian nationality and citizenship can be started.
To apply for the investor visa, it is necessary to provide the following:
This is a new visa. The minimum investment required is US$60,000. The investment must be in an agricultural area which is approved by the Ministry of Agriculture.
The conditions of this visa are that an export business must be established and rented through a 10 or 20 year concession in one of Panama's new tax-free zones.
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