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The following are the four most popular visa and residence options and their benefits and requirements.
Visa & Residence Options
Visa Program Basic Requirement Benefits
Self Economic Solvency One of these options
# $200K CD for 2 years; or
# Buy $200K property; or
# Any combination which amount to $200,000
Permanent Residency, plus Right to opt for Panamanian Nationality & Permanent Residency after 5 years
Pensioned (Pensionado) Pension of $500/ month Permanent Residency & duty free auto/ household
Small Business Investor Min investment of $40K in Company & hire 3 Panamanian employees Permanent Residency, plus Right to opt for Panamanian Nationality & Permanent Residency after 5 years
Agricultural Investor Agricultural Business Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 5 years
Second Passport* 5 year CD with BNP producing $750/ monthly interest Passport for travel, renewable every 5 years

* important advantage when you travel with this Passport is that Panama has Visa-Free agreements with 34 countries. Please click here for a list of the 34 countries.

Alemania
Argentina
Australia
Bélgica
Brasil
Bolivia
Chile
Colombia
Costa Rica
República Dominicana
Dinamarca
Luxemburgo
Ecuador
Inglaterra
El Salvador
Espana
Finlandia

Francia
Grecia
Guatemala
Holanda
Honduras
Hungría
Israel
Korea
Nicaragua
Noruega
Paraguay
Perú
Polonia
Portugal
Suecia
Suiza
Uruguay

Argentina
Australia
Belgium
Brazil
Bolivia
Chile
Colombia
Costa Rica
Dominican Republic
Denmark
Luxembourg
Ecuador
England
El Salvador
Finland
France
Germany

Greece
Guatemala
Holland
Honduras
Hungary
Israel
Korea
Nicaragua
Norway
Paraguay
Peru
Poland
Portugal
Spain
Sweeden
Switzerland
Uruguay

Requirements to Obtain a Second Passport

1. Certification by Banco Nacional de Panama that confirms that the applicant receives a minimum monthly income of US $750.00 from the interests earned by the time deposit.
2. Good health certificate that indicated that the applicant do not suffer any disease, including HIV
3. Two photocopies of passport or document valid for travel
4. Certificate of good conduct
5. Sworn declaration
6. Power of attorney
7. Petition
8. Six photographs

For more information on how to obtain a time deposit in the National Bank of Panama (BNP) or any of the above please contact us.