Panama country guide
Business investment · Last checked 2026-08-10
Inversionista de la Macro-Empresa
A foreign applicant investing at least B/.160,000 of personal capital in the share capital of a Panamanian macro-enterprise under the current checklist
A provisional-to-permanent residence sequence based on personal capital invested in the share capital of a Panamanian macro-enterprise.
- Country
- Panama
- Applicant basis
- A foreign applicant investing at least B/.160,000 of personal capital in the share capital of a Panamanian macro-enterprise under the current checklist
- Responsible authority
- Servicio Nacional de Migración
- Official route status
- Current official route
- Information available
- Detailed guide
- Last checked
- 2026-08-10
Supported requirements
What the current source supports
- Apply to the Servicio Nacional de Migración through the current notarized power and application process.
- Provide passport, civil, and security documents required by the current checklist.
- Document share ownership and the Panamanian company through the current certifications.
- Provide a CPA investment certification, bank proof of foreign funds, and the required business and payroll evidence.
Applicant scope
Who this route generally serves
- Generally designed for
- Foreign applicants able to document at least B/.160,000 of personal capital, foreign-source funds, company ownership, and operating and payroll evidence.
- Legal basis named by the authority
- Decree Law 3 of 2008, Executive Decree 320 of 2008, and the current SNM macro-enterprise investor checklist.
Route lifecycle
What to confirm from application onward
- Financial basis
- At least B/.160,000 of the applicant’s personal capital invested in the share capital of a Panamanian macro-enterprise.
- Initial status
- A two-year provisional period under the current checklist.
- Renewal
- The later permanent filing separately re-establishes the investment and company-compliance evidence.
- Permanent residence
- Permanent residence requires a separate filing after the provisional period; it is not automatic.
Official evidence
Sources for this route
General planning information only—not legal, tax, or investment advice. A listed route does not determine eligibility. Verify current rules with the responsible authority before acting.