This is very similar to the Reforestation Visa, and works for those who wish to invest in commercial, financial and industrial activities (excluding retail) in Panama. Investors in a Panamanian business can qualify for a permanent residence visa under the business investor program. There are two programs available:
Micro Enterprise Investor ($40,000)
Macro Enterprise Investor ($150,000)
To qualify for the Micro Enterprise Investor Visa, the applicant must invest a minimum of $40,000 (plus $4000 for each dependent) in a registered Panamanian company in which they are a director or officer. The company must employ at least three Panamanian citizens full-time.
When approved for this application, you will be issued a one-year, provisional residency visa, which can be renewed three times; after the fourth year, you can apply for permanent residency and eventually naturalization.
Applicants must invest a minimum of $150,000 (plus $4000 for each dependent) in a registered Panamanian company in which they are a director/officer; in order to qualify for a Macro Enterprise Investor Visa the Company must also employ at least three Panamanian citizens full-time. Once the application is approved, applicants will be issued a one-year, provisional residency visa, after which they can apply for permanent residency and eventual naturalization.