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Panama Residency by Investment via Stock Market
At a glance

Quick facts

Minimum investment $500,000; Typical timeline 3 months; 4 highlights

Minimum investment
$500,000
Currency: USD
Typical timeline
From application start
Highlights
  • Panama
  • Panama Stock Market Residency
  • Panama Residency by Investment
  • Panama Qualified Investor Visa
Program

Program specifics

Route type
Residency By Investment / Securities (Stock Market)
Eligible residency pathway
Last updated
Subject to regulatory change

Information is indicative and may change; confirm current terms with an advisor.

~10 sec

Quick eligibility check

Answer 6 short questions. No data is sent to our servers.

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1Question 1 of 6 Are you at least 18 years old?
2Question 2 of 6 Do you have a clean criminal record and can you obtain an apostilled police clearance?
3Question 3 of 6 Can you invest at least USD 500,000 in qualifying securities through a licensed Panamanian brokerage?
4Question 4 of 6 Can you provide proof of a legitimate source of funds and the foreign origin of the funds?
5Question 5 of 6 If applying with family, are your dependent documents ready (birth/marriage/passports and student proofs where applicable)?
6Question 6 of 6 Can you travel to Panama for photo/fingerprinting if required?

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Program overview

The Panama Stock Market residency route is part of Panama's Qualified Investor Permanent Residency framework. It grants permanent residency to foreign investors who make a qualifying securities investment via a licensed Panamanian brokerage firm connected to the Panama Stock Exchange.

This is a strong fit for applicants who want a structured, regulated investment route and a fast track to long-term legal status in Panama.

Investment overview

To qualify through the Stock Market route, you must:

  • Invest at least USD 500,000 in qualifying securities via a licensed and accredited Panamanian brokerage firm.
  • Ensure the investment is registered and properly documented through the relevant Panamanian securities market framework.
  • Maintain the investment for a minimum of 5 years.

Costs & proof of funds

Costs & funds

Program fees & proof of funds

Fees listed: 3 line items. Estimated totals: $500,061 (USD). Proof of funds items: 1.

Estimated program totals
USD: $500,061
Required proof of funds
USD: $500,000

Detailed fee table

Program fee breakdown with price, timing and notes.
ItemPriceWhenNotes
Minimum Securities Investment$500,000Before submission

Invest at least USD 500,000 in qualifying securities through a licensed Panamanian brokerage via the Panama Stock Exchange route.

Investment Holding Period$60After approval

Maintain the qualifying securities investment for a minimum of 5 years (60 months) to avoid cancellation of permanent residency.

Minimum Presence (to keep PR active)$1Every 2 years

Visit Panama at least once every 2 years to maintain permanent residency active.

Swipe horizontally to see all columns.

We’ll share a personalized cost sheet after your pre-screen.
Estimates only — final costs may vary by case & government updates.

Proof of funds

  • Proof of Lawful Source of Funds$500,000

    Banking/legal/financial documentation showing the investment funds originate legally and were transferred from abroad.

Required (USD): $500,000

Figures are indicative and may change with family size, project selection and program updates.

Official

Government fees

Total (USD): $12,000
  • National Treasury - Application Fee (Main Applicant)

    Government fee paid to the National Treasury for the main applicant (per official Qualified Investor rules).

    $5,000
  • National Immigration Service - Repatriation Deposit (Main Applicant)

    Repatriation deposit paid to the National Immigration Service for the main applicant (refundable subject to rules).

    $5,000
  • National Treasury - Application Fee (Each Dependent)

    Government fee paid to the National Treasury per dependent (if included in the application).

    $1,000
  • National Immigration Service - Repatriation Deposit (Each Dependent)

    Repatriation deposit paid to the National Immigration Service per dependent (refundable subject to rules).

    $1,000

Eligibility

  • Be at least 18 years old and legally admissible.
  • Clean police clearance certificate (apostilled/authenticated as required).
  • Qualifying securities investment of at least USD 500,000 via a licensed Panamanian brokerage (Panama Stock Exchange route).
  • Maintain the qualifying investment for at least 5 years.
  • Valid passport (minimum 6 months validity recommended).
  • Health certificate from an authorized doctor (issued recently).
  • Proof of lawful source of funds and evidence the funds came from abroad.
  • Pay required government fees and provide proofs of payment.

Key benefits

  • Immediate permanent residency upon approval.
  • Option to apply for an E-Cedula (Panamanian resident ID) after approval, subject to local procedures.
  • Eligible dependents can be included (spouse, dependent children, and dependent parents, subject to documentation).
  • Eligible to apply for Panamanian citizenship after 5 years of residency, subject to legal requirements.
  • Diversify holdings through regulated securities investment, with potential liquidity relative to real estate.
Checklist

Document checklist

15 total items

Documents vary by profile and family composition; we'll tailor your final list.

Identity & Civil
4 items
  • Valid passport (all applicants)
  • Passport-size photos
  • Marriage certificate (if applicable)
  • Birth certificates for children

Documents may require apostille/authentication and certified translation.

Police & Health
2 items
  • Police clearance certificate (apostilled/authenticated)
  • Certificate of good health (issued recently)

Requirements depend on where you apply and your country of residence.

Investment & Brokerage (Stock Market Route)
3 items
  • Brokerage certification stating investor name, investment amount, and securities details
  • Notarized copy of the brokerage firm license/resolution issued by the securities market regulator
  • Certification of registration of the securities corresponding to the investment

These are route-specific documents required for the securities investment option.

Funds Transfer & Source of Funds
3 items
  • Bank letter confirming transfer/receipt of funds from abroad
  • Bank statements showing the transfer trail
  • Affidavit or supporting documentation showing lawful source of funds

Must demonstrate the investment funds' legitimate source and foreign origin.

Dependents (if applicable)
3 items
  • Relationship proof (marriage/birth certificates)
  • Student certificate for dependent children aged 18-25 (if applicable)
  • Dependency evidence for parents (if applicable)

Additional documentation may apply depending on the dependent category.

Snapshot

Eligible dependents

3 of 4 categories included

3 of 4 categories eligible. Children up to 25. Parents from 0+ years. Spouse included. Siblings not included.

IncludedNot included
Spouse
Included
Yes
Children
Up to 25 years25
Yes
Parents
From 0+ years0+
Yes
Siblings
Not included
No

Application process

Process

How it works

  1. Step 1: Step 1 - Eligibility Assessment

    For a preliminary eligibility assessment and guidance, the candidate gets in touch with XIPHIAS.

    GuidedAvg. 2–4 weeks
  2. Step 2: Step 2 - Complete the Investment & Documentation

    XIPHIAS assists the candidate in completing the qualifying securities investment and submitting the required documentation.

    GuidedAvg. 2–4 weeks
  3. Step 3: Step 3 - File the Application

    Authorized local representatives work with XIPHIAS to submit the application for permanent residency to the Panamanian government.

    GuidedAvg. 2–4 weeks
  4. Step 4: Step 4 - Background & Funds Verification

    Panamanian officials look into and confirm the applicant's investment, funding source, and background.

    GuidedAvg. 2–4 weeks
  5. Step 5: Step 5 - Approval & Permanent Residency Card

    The individual receives a permanent resident card and direct permanent status in Panama upon acceptance.

    GuidedAvg. 2–4 weeks
Disclosure

Risk & compliance

Please read carefully. These notes are informational and do not constitute legal or financial advice.

Risk notes

3 items
  • Securities may fluctuate in value; consider market and currency risks.
  • Residency and investment rules may change; ensure documents and investment structure are compliant at filing.
  • Failure to meet the minimum visit requirement may impact the ability to maintain permanent residency.

Program rules change periodically. Always consult the official source and independent counsel.

Approved projects

Government-approved developments or investment options vetted for eligibility and exit horizons.

  • Panama Stock Exchange Securities Portfolio project in Panama

    Panama Stock Exchange Securities Portfolio

    Min buy-in
    500,000 USD
    Hold period
    60 mo

    Qualifying securities investment via a licensed brokerage firm, registered through the Panama securities market framework.

Cost estimator

Calculator

Cost estimator

Indicative estimate. Excludes exchange/transfer charges and third-party legal costs. Official fees may change without notice.

Choose a base option

Family size

Adults (incl. principal)
Children (<18)

Government & due-diligence fees

  • $8,000
    1 × $8,000 = $8,000
  • $15,000
    1 × $15,000 = $15,000

Summary

Minimum Securities Investment
fixed • Qty 1
$500,000
$500,000
Travel & Relocation Costs
fixed • Qty 1
$8,000
$8,000
Professional & Legal Fees
fixed • Qty 1
$15,000
$15,000
Estimated total
$523,000

Key Benefits

  • Immediate permanent residency upon approval.
  • Ability to apply for an E-Cedula (Panamanian resident ID), subject to local procedures.
  • Family inclusion for eligible dependents.
  • Potential eligibility to apply for citizenship after 5 years of residency (subject to legal requirements).
  • Market exposure and potential liquidity compared to some other investment forms.

Document Checklist

Basic documents typically include:

  • Valid passport (minimum 6 months validity recommended).
  • Completed application forms and personal history/background declaration.
  • Passport-size photos.
  • Police clearance certificate (apostilled/authenticated as required).
  • Certificate of good health.

Stock-market route documents typically include:

  • Brokerage certification with investor details, amount, and securities.
  • Evidence the brokerage is licensed/authorized.
  • Securities registration certification for the investment.

If applying with dependents: marriage certificate, birth certificates, and dependency documentation (including student proofs for adult dependent children where applicable).

Risks And Compliance

Risks:

  • Securities may change in value.
  • Panama's investment or immigration rules could change.
  • Economy and market conditions can affect returns.

Compliance:

  • Provide proof of the legal origin and foreign origin of funds.
  • Maintain the investment for the required period.
  • Provide correct documents for you and all dependents.
  • Meet presence rules (visit Panama at least once every 2 years to keep PR active).

Application Process

  • Step 1: For a preliminary eligibility assessment and guidance, the candidate gets in touch with XIPHIAS.
  • Step 2: XIPHIAS assists the candidate in completing the qualifying investment and submitting the required documentation.
  • Step 3: Authorized local representatives work with XIPHIAS to submit the application for permanent residency to the Panamanian government.
  • Step 4: Panamanian officials look into and confirm the applicant's investment, funding source, and background.
  • Step 5: The individual receives a permanent resident card and direct permanent status in Panama upon acceptance.

Faqs

  1. What is the Panama Qualified Investor Visa?
    It is a permanent residency program in Panama obtained through a qualifying investment (e.g., real estate, securities, or bank deposit).

  2. Who can apply?
    Applicants must be 18+, have a clean criminal record, be in good health, and prove a lawful source of funds.

  3. Can dependents join?
    Yes. Typically spouse, children under 18, students aged 18-25 who are financially dependent, and dependents with disabilities may be eligible (documentation required).

  4. How can I become a permanent resident of Panama through the Stock Market route?
    Invest at least USD 500,000 in qualifying securities through a licensed Panamanian brokerage, submit the required documentation, and maintain the investment for the required period.

Who this program is NOT for

  • Criminal record or inadmissibility issues.
  • Failure to prove the lawful source and foreign origin of funds.
  • Non-compliant brokerage documentation or non-qualifying securities/investment structure.
  • Failure to maintain the qualifying investment for the required period.

Not a match? Explore other programs in Panama.

Frequently asked questions

It is a permanent residency program in Panama obtained through a qualifying investment (e.g., real estate, securities, or bank deposit) under the Qualified Investor framework.

Applicants must be 18+, have a clean criminal record, be in good health, and prove a lawful source of funds.

Yes. Typically spouse, children under 18, students aged 18-25 who are financially dependent, and dependents with disabilities may be eligible (documentation required).

You must invest at least USD 500,000 in qualifying securities through a licensed Panamanian brokerage connected to the Panama Stock Exchange, and maintain the investment for at least 5 years.

Typical processing is about 2-3 months depending on document readiness, verification, and appointment availability.
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