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Short-Stay Special-Law Merchant and Investor Visa

PanamaStarting a business

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

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Get your free results Read the five questions ↓

Is this for a founder, startup entrepreneur, self-employed person, freelancer, company owner or another business profile?

The visa is for a foreigner entering Panama to analyse investment possibilities or carry out transactions in Export Processing Zones, Call Centers, or special areas designated for the film and audiovisual industry.

See recorded sources
Limits of the record
  • The document does not explicitly state whether the applicant must be a founder, startup entrepreneur, self-employed person, freelancer, company owner, or another business profile; it only describes the purpose of entry.
  • Artículo 54
    Podrá solicitar esté permiso el extranjero que ingresa al territorio nacional para analizar posibilidades de inversión o a efectuar transacciones en Zona Procesadoras para la Exportación, Call Center o Áreas especiales designadas para el desarrollo de la Industria Cinematográfica y Audiovisual

What must actually exist or be demonstrated: business plan, company, innovation, clients, contracts, economic activity, job creation or other substance?

The checked official sources did not provide enough route-specific evidence to confirm what business substance must exist or be demonstrated.

What investment, capital, income, revenue, funding or viability evidence is central to this pathway?

The applicant must present a bank reference from an internationally recognised bank or proof of economic solvency of no less than B/.1,000.00 monthly income.

See recorded sources
Limits of the record
  • The document does not specify any investment amount, capital, revenue, funding, or other viability evidence beyond the bank reference or proof of monthly income.
  • Requisitos, item 8
    Referencia bancaria expedida por un banco reconocido internacionalmente o prueba de solvencia económica no inferior a los mil balboas (B/.1,000.00) de ingresos mensuales.

What business/self-employed activity may the holder conduct? Are there important restrictions? What is the family position where clearly stated?

The visa is for analysing investment possibilities or carrying out transactions in Export Processing Zones, Call Centers, or special areas designated for the film and audiovisual industry. The official source does not state restrictions or the family position.

See recorded sources
Limits of the record
  • The document does not state any restrictions on business or self-employed activity, nor does it mention family position.
  • Artículo 54
    Podrá solicitar esté permiso el extranjero que ingresa al territorio nacional para analizar posibilidades de inversión o a efectuar transacciones en Zona Procesadoras para la Exportación, Call Center o Áreas especiales designadas para el desarrollo de la Industria Cinematográfica y Audiovisual

What approval/application sequence applies, how long is the status granted, how is it renewed, and what longer-term residence direction is officially stated?

Applicants must meet the requirements of Article 46 of the Executive Decree plus the listed documents; the visa is granted for the term and under the conditions established in Law No. 25 of 1992 (the term is not stated in the official checklist). A return ticket to the country of origin valid for one (1) year is required. Renewal and a longer-term residence direction are not stated.

See recorded sources
Limits of the record
  • Actual length of stay not stated in the checklist (deferred to Law No. 25 of 1992).
  • No renewal or longer-term residence direction stated.

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

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