Residency and Passport programme by bank deposit - Panama


Residency and Passport programme by bank deposit


Grant:

Residency permit will be granted immediately; Permanent residency permit will be issued after 2 years of Residency permit; Passport will be issued after 5 years of holding resident status.

Can grant to couple, and children below 18 age, and for children who are above 18 and below 25 and are still at school; applicant can also bring parent of their applicant.

No need to stay in Panama


Conditions:

Investment amount: USD300,000

Open a personal bank account

Deposit of amount to the bank in Panama

3% to 5% interest rate for bank deposit



Processing time:

3 months