Added
created. Two-stage forest investor residence at B/.100,000, then a five-year holding period (migracion.gob.pa).
PA
Forest Investor Visa
Active
Territorial
Panama · Residente Permanente en calidad de Inversionista Forestal · Investor visa · apply in country, agent
Minimum investment
$100,000
Business
Stay
24
months
Application fee
$250
plus $800 contribution
Tax
Territorial
Territorial tax system
Path to staying
- Residence permit24 months
- Permanent residencyafter 2 years
- Citizenshipafter 5 years
- Permanent residency 2 years
- Citizenship 5 years
- Dual citizenship not allowed
- Language required for citizenship
Overview
- Country
- Panama
- Program
- Forest Investor Visa
- Local name
- Residente Permanente en calidad de Inversionista Forestal
- Type
- Investor visa
- Status
- Active
- Initial duration
- 24 months
- Min stay
- 1 days per 24 months
Provisional residence, then permanent residence, for a foreigner who invests at least B/.100,000 in reforestation or a forest plantation authorized by the Ministry of Environment. The investment is made personally or through a company. The balboa is at par with the US dollar. A B/.350,000 investment is a separate immediate permanent route.
Investment options
| Type | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|
| Business | USD 100,000 | $100,000 | 5 yr | No | Required |
Eligibility
- Criminal record check required
- Health check required
- Health insurance not required
Work rights
- Employment not allowed
- Self-employment not allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 25
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Territorial
- Regime name
- Territorial tax system
- Foreign income taxed
- No
- Capital gains taxed
- Yes
How to apply
- Method
- in country, agent
- Apply from abroad
- No
- Local representative
- Required
Notes
The Migration Service checklist quotes article 180, as amended by Executive Decree 199 of 7 May 2021. This file is the B/.100,000 route. The same article lets an investment of at least B/.350,000 go straight to permanent residence. That route is a separate record because the wait is different. The provisional permit follows the two-year step in Decree Law 3, article 21. Permanent residence then requires proof that the investment and the forestry registration are still in force. The investment must be maintained for five years after permanent residence is approved, with an annual certificate. If it ends sooner, the Service cancels the residence. Each dependent adds B/.2,000, which may be shown by a local bank reference. The filing charges are B/.250 to the National Treasury and B/.800 to the Migration Service. The checklist requires a lawyer, a criminal record, a health certificate, a public accountant's certificate, registered shares or a contract with the forestry company, and the Ministry of Environment registration. It does not include a work permit. After permanent residence, an absence of more than two years can cancel the stay. Naturalization follows the ordinary five-year rule and requires renunciation of the existing nationality.
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Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source