PA country scene

Permanent Residence by Fixed-Term Deposit

PanamaInvestment

Explore the five recorded questions, answers and sources for this pathway.

Official link

What official minimum amount, tier or threshold applies to each relevant option?

A bank-certified fixed-term deposit in the applicant's name of B/.300,000.00 (three hundred thousand balboas) or its foreign-currency equivalent. Government fees are separate: a certified cheque of B/.250.00 to the National Treasury and a certified cheque of B/.800.00 to the National Migration Service.

See recorded sources

How long must the investment be maintained and what continuing ownership, investment or physical-presence conditions are important?

The fixed-term deposit must have a minimum duration of three years, at any bank holding a general licence in Panama; it must be free of liens and the funds must come from abroad. The official source does not state a physical-presence requirement.

See recorded sources
Limits of the record
  • The source does not say whether the deposit must be kept after the three-year term or after permanence is granted.
  • No physical-presence requirement is stated.

Which family members can be included where officially stated, and what broad residence/work rights result?

Dependants may be included; required are a notarised letter of responsibility, apostilled or authenticated proof of kinship, proof of domicile (utility bill or lease) and, for children over 18 up to 25, certificates of single status and studies. The official source does not state the residence or work rights of dependants.

See recorded sources
Limits of the record
  • Dependants' and holder's local work or business rights are not stated.

What status is obtained, how is it renewed, what longer-term residence/citizenship direction is officially stated, and what happens to the investment when relevant?

The final status is a permanent-resident permit for own economic solvency by fixed-term deposit (PRP-SEP-DPF). To request definitive permanence the applicant must meet the requirements of Article 192 of Executive Decree 320 of 8 August 2008, except the criminal-record certificate and cheques, and provide an income-tax clearance in the applicant's favour (Article 195). The official source does not state renewal, a citizenship direction or what happens to the deposit.

See recorded sources
Limits of the record
  • The duration of the provisional permit before permanence can be requested is not stated.
  • No physical-presence obligation, citizenship route or treatment of the deposit on exit is stated.

These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.

Your story.
Your next step.

Get your free results