Education: As a citizen of a public education-rich country, you and your family will have access to the best public schools, and even priority with many private ones. There is no way to pay cash and get citizenship immediately, with no long-residence requirement, within any of currently existing legal programs in Panama. There are … The issue with the Panama programme is that it requires permanent residency in the country in order to then apply for citizenship and a passport. Make an initial investment into a sector of your new country’s approved options such as real estate, a government fund, or bonds. Marhaba Corporation Panama (MCP) helps people travel more freely and create safe havens for their families. 1:The first requirement which the principal applicant has to fulfil is to provide a clear copy of his/ her passport and a non-refundable processing fee of 5,000 US$ as a Single or 10,000 US$ for family.The background check will take up to 3 working days. This, of course, wasn’t called “citizenship by investment”, but many believe that the modern version of it was inspired by the precedent set by the Swiss. With heightened political uncertainty, investors all over the world are seeking quick and easy routes to earn citizenship in a new country. Send. Panama Instant Passport Program. A second passport from Panama is a very valuable upgrade for someone who holds a passport from India. Panama is a tropical ” TAX HAVEN” country located in Central America. Another benefit is infrastructure. Family Stability: This is a big reason for many who’s original citizenship may be in a place of conflict, or people who’d like to move their family somewhere else. By simply placing a 300,000 USD fund in an approved government bond or investment program, WHICH PAYS YOU INTEREST, and agreeing to lock it down for 5 years, you will acquire a Panamanian passport. Citizenship Invest offers second citizenship & passport programs through investment. To opt for the Permanent Residence Visa, you must have the Temporary Residence Visa for three (3) consecutive periods of two (2) years each. Starting from $100,000, you and your immediate family can obtain passports in four short months. The passport application process is separate from the citizenship by investment process, and requires the applicant to present a number of documents. E2 USA Visa Potential, Belmont House, Belmont Road, Uxbridge, UB8 1HE. To opt for the Permanent Residence Visa, you must have the Temporary Residence Visa for three (3) consecutive periods of two (2) years each. This not only saves money, but also adds greatly to the quality of life for your family and you. The Panama government has laws in place which can enable an individual to earn second passport (2nd passport) or residency in Panama. PANAMA PASSPORT. This, in a sense, was a way of granting them Swiss rights at a cost, so they wouldn’t be seen as taking advantage of the local economy without direct investment into it. Panama encourages foreign investors and business investors to bring substantial investment and aid in the growth and development of the country. If you have any questions or concerns, as always, don’t hesitate to reach out to us and we’d be glad to help! And buying a passport through a legitimate citizenship by investment program is one of the quickest ways to get one. Portugal . This “citizenship by investment… Being a passport-carrying citizen, so to speak, has existed for thousands of years, if you can believe it. The Quebec Investor Visa Gives the Canadian Permanent residency Visa to Business Owners and High Net Worth Entrepreneurs and passive Investors wanting to Immigrate to Canada by Investing but not as active entrepreneurs in Canada. Panamanian citizens enjoy visa-free access to 118 countries and territories. Most of these laws have been created to promote foreign investment in the country which benefits the local environment or local economy of the Republic of Panama. In all cases, a certified copy of the applicant’s Certificate of Registration – the document that is … The investor needs to make an investment of S$ 2,500,000 in business or in special Global Investor Programme Fund that invests in Singapore-based companies. The Golden Visa gives you the option to obtain a higher-ranking second passport, but usually at a bigger cost. Panama is a democracy with a very stable dollarized economy. Citizenship by investment is a unique process that permits individuals to obtain a secondary citizenship via an investment into the economy of a separate sovereign state. Once you apply and make your investment, you can generally expect to have your new citizenship and passport in less than six months (the record being 57 days). This program has many benefits. Panama ranks as one of the best countries to immigrate to because it has stable economy & democratic government, U.S. dollar currency, personal security, friendly people and offers great investment opportunities. Freedom of Movement: Again, due to the turbulent state of the world, travel between certain countries with certain passports can be a challenge. Golden Visas are not the same as citizenship by investment. The Panama bank CD can only be in the name of the primary applicant and not in a trust, foundation or corporation. By offering citizenship benefits to foreigners in exchange for investments, countries can build their economies greater, attract new jobs, add tax revenue, and expand competition for industry. Citizenship by investment programmes will grant immediate citizenship to applicants and their families. There is no option for you to make a donation or invest in an approved governmental project and acquire the right for fast-track naturalization in the country. This is the cheapest investment required by any nation offering an investment to citizenship program. The main reason, clearly, is foreign investment. Panama Business Investor Visa In order to qualify under this program investor would need to invest at least $160 000 USD in Panama business capital stock. عربي English عربي ... Our certified consultants understand why a second passport matters. The investment program allows potential investors to receive permanent residency through the purchase of government bonds. Antigua and Barbuda citizenship by investment… Not just for your business, but also for your personal safety and well-being. The Panamanian government has created several laws that enable foreigners to obtain legal Panamanian passports and residency. E info@citizenshipinvest.com. Panama citizenship is not available under any of so called instant citizenship-by-investment programs similar to those existing in Dominica and St. Kitts & Nevis. But obtaining a second passport through investment could still be very beneficial for the right kind of person… The US is the only major country in the world that taxes its citizens on their worldwide income– even if they don’t reside in their home country anymore. Panama is an amazing place to live. This allows the investor to obtain a Visa for themselves and their spouse as well as dependent children; no additional investment is required for dependents. La Vida offers other official and established programs such as St Lucia and Antigua that offer immediate citizenship and a second passport without the need to reside. In 1862 the municipality known as the Canton de Vaud setup an initiative that would tax wealthy foreigners living in Switzerland that didn’t contribute naturally to the local economy. Citizenship by investment programs legally confer citizenship status faster than traditional immigration processes and do so without requiring investors to put their lives on hold. Citizenship by investment in Panama is not possible directly through this programme. The Samoa pas… A new passport can take 5 years but what a great place to live and work. Malta is the only citizenship by investment program currently available that takes more than a year to acquire. England formalized this process in the early 1500’s during the Privy Council, however passports weren’t explicitly used as full-on identity documents until the mid 1800’s. The latter is known as “citizenship through investment.”. Citizenship by investment is the process of obtaining a second citizenship and passport by investing in the economy of the host country. Panama is Latin America’s leading recipient of Foreign Direct Investment (FDI) as a percentage of GDP. Visa Free Travel 160 Countries, From $150,000 Donation This allows you to get a second passport as well. This includes access, permits, partnerships, and taxes. Citizenship by investment is a unique process that permits individuals to obtain a secondary citizenship via an investment into the economy of a separate sovereign state. Citizenship & Passport Visa Free Travel 157 Countries Samoa requires US$ 1,000,000 investment in Tourism, Real estate, Manufacturing or in a Government fund under the Citizenship Investment Act 2015 and its Regulations 2015. 320 of 8 August 2008 later amended by Executive Decree No. The Panama government has laws in place which can enable an individual to earn second passport (2nd passport) or residency in Panama. This program requires an investment of USD 80000 in some reforestation project certified and specified by Panama government. Citizenship by investment is also a great way to fast-track any immigration process needed, should you want to relocate to another country, or start a business there. Citizenship-By-Investment is for wealthy individuals looking for a second passport quickly, timewise, anywhere from 2-6 months. Why Do People Invest in a Second Citizenship? Programmes start from a minimum $140,000 including costs. All the rest take a matter of months. Investment from €280,000. Panama citizenship and the Panama instant passport program : In the end of the last year, by Executive Decree No. Managing Taxes: Having a second passport and second citizenship will allow you (in most countries) to segment where your income is taxed. Citizens of Samoa also qualify for a Samoan passport. The program grants initial 2 years temporary residency and further the right to process the application for procurement of Permanent Residency, plus Right to opt for Panamanian Nationality & Passport after 8 years. Most of the people in Panama … Fastest European passport. Payment can ONLY … It is highly profitable business in Panama besides it grants Panama’s PR. Investment Promotion Events Education. We're here to help. Panama offers a residency visa to investors making a minimum investment of $40,000. Browse our eBooks and guides on offshore asset protection, relocating to Panama, doing business in Panama and more. Plus, they can use the Global … In other words, by investing into a foreign country (per that country’s requirements), this person is granted citizenship rights in that country, while keeping their citizenship rights in their home country as well. Investment from $200,000. The Slovenian inspector of a government agency … These laws have been created to promote foreign investment in the country which benefits the local environment or local economy of the Republic of Panama. This can save millions over time, and still operates within the framework of the law, which mitigates any risk of seizure or fines. - If the investment is through a bank deposit, a bank reference letter and an authenticated copy of the time deposit contract. Panama as such, does offer government sponsored citizenship by investment program, but getting a permanent residence or getting a non-citizenship passport is very much possible for foreigners. Panama Citizenship, Panama Passport, Panamanian Nationality, Panama Dual Citizenship & Panama Citizenship by Investment. If you’re not from a friendly nation, you can get residency in Panama with an investment of $80,000 in teak. With a few exceptions, most people on earth are a legal citizen of somewhere. The same could be said even centuries later, as other civilizations adapted this principle, granting safe conduct travel between otherwise unfriendly places, and allowing business and politics to take place in between them. Office map. Browse 100s of articles to & learn how to make moving, living, investing and doing business in Panama easy. If you wish to do business in Panama, you may obtain a temporary residency permit under the Business Investor scheme. The programs that Henley & Partners offers are considered sufficiently clear in law and processes and have sufficient reputation and transparency to be considered the top tier of citizenship-by-investment … The Romans further expanded on this principle by setting up a hierarchy of citizenship that categorized their citizens by role, and where they could travel within the empire (city, state, overseas, etc.). Best Family Option Feuding signatures in Slovenia. There is no option for you to make a donation or invest in an approved governmental project and acquire the right for fast-track naturalization in the country. Here’s your complete guide to Panama citizenship and the powerful Panamanian passport… There is no investment in Switzerland residence program, but you can only apply for a Swiss passport in 12 years. If you wish to do business in Panama, you may obtain a temporary residency permit under the Business Investor scheme. Right now, we work with 9 sovereign nations that offer citizenship by investment options, based out of the Caribbean and Europe. A Panamanian passport is the passport issued to citizens of Panama to facilitate international travel. Panama is a country in Central America. 26 of 2 March 2009 , Panama reinstated its so-called instant passport program based on the Law No. Panamas Friendly nations visa , for instance, is an opportunity that gives you the possibility to live in Panama with a residency permit for 3 years, whereby the visa can be changed in for a permanent residency after the 3 years period. Citizenship is defined as the relationship an individual has with a sovereign state that grants that person specific rights, shared equally by other citizens. 4. Slow to take off, it accelerated fast after 2009 when passport-holders from the Caribbean island nation were granted visa-free travel to the 26-nation Schengen zone. The investor must also meet additional program requirements: create jobs for citizens of the country and prove annual Singapore-based company's business expenses of at least S$ 1,000,000 . Citizenship by investment is the process of obtaining a second citizenship and passport by investing in the economy of the host country. However the investor and their family can apply for citizenship after five years of permanent residency in Panama. This program does not grant fast track citizenship as the citizenship by investment programs of St. Kitts and Dominica do. Please tick above to confirm funds. Permanent residence, work permit, and passport can all be obtained within less than six months. In return the investor, spouse and dependent children will be offered a residency visa and may eventually qualify for citizenship. “Citizenship by Investment” is a immigration program enacted in Panama, as well as other countries, which allows foreigners to become permanent residents leading to citizenship after making a minimum investment. While not all countries offer this, the incentives for those that do are plentiful. The Montenegro Citizenship-by-Investment Program requires applicants to make a defined economic contribution to Montenegrin society through an investment in an approved development project, and a capital contribution to a fund designated by the government for the advancement of under-developed areas. The Panama passport program was first introduced in 1987. Just like in previous cases, an additional $2000 USD needs to be invested for each dependent. This means that investors can secure a better future for their spouse and children. You often receive the passport in five years or more. Joachim Stern (2011) coined the term jus … The investment amount vary upon the free trade area. EU Schengen Zone & UK, Minimum $100,000 Donation The first modern British passport was established through the “British Nationality and Status Aliens Act” of 1914, and was adopted officially by the League of Nations in 1920. Real Estate Option A foreigner having established a time deposit at the National Bank of Panama or at La Caja de … The Panamanian government has created several laws which enable foreigners to obtain legal Panama passports and residency. The first official citizenship by investment program was implemented in 1984 by the Caribbean nation of St. Kitts & Nevis, with more countries following in the decade after, and much more during the decade of the 2010s. Contact. By taking your wealth and personal life offshore, investors can benefit from a higher quality of living, heightened asset protection, and a more attractive lifestyle. Visa Free Travel 165 countries, $150,000 Donation CBI is the fastest route to obtaining a second passport and citizenship. In some countries this may also include obligations to compulsory military or other civil service. But, what about those who choose to stay? $40,000 Investment – Permanent Residency leading to Panama Passport Summary –This is a unique program where one invests $40,000 in an approved Panama reforestation program. Panama is one country where individuals can obtain a second passport or residency through a legitimate passport program. Typically, when a person is granted citizenship by investment, their families are allowed to join the application, streamlining any future movement for them, and keeping them secure. Expats from around the world are choosing this Central American paradise as their home. Visa free access to 123 countries. Prove that the source of your investment funds is legal, and was legally obtained. Panama Investor Visa Panama offers a residency visa to investors making a minimum investment of $40,000. There is no way to pay cash and get citizenship immediately, with … Affordable permanent residency. Designed for infrastructure leaders, the Global Passport will help you: Achieve your fundraising objectives Most applications for a second passport and citizenship by investment can be processed in three months, and will allow you lifetime citizenship in that nation, visa-free travel, and a number of business advantages, should you need them. In general, the following is universal: As a trusted partner with experience in both the regional and global markets that apply to these citizenship by investment and second passport-issuing countries, we will do our best to keep the info we have updated, well-explained, and easy to access. A second passport from Austria is the 4th most valuable passport in the world. For more details or to contact an advisor please complete your details. The citizenship by investment programs offer a second passport, as a great advantage. Panama . Its official name is the Republic of Panama, and it is most famous for the Panama … There are records of ancient civilizations, including the Romans, issuing “safe passage” or “safe conduct” certificates that governors and high society officials could present while abroad to allow them to travel freely. Office 1103, Cayan Business Center - Tecom . Citizenship & Passport c) Combine the first two options by making an investment in both Panama real property and a Panama bank CD where the equity and cash amount total at least $300 000 USD (or foreign currency equivalent). These are the questions you need to ask yourself: Do you have a second passport? You can do this through an initiative called residency-by-investment, also popularly referred to as the Golden Visa Program. Being a citizen of Rome allowed people certain rights and privileges not available to outsiders, and helped keep Romans accounted for and safe while traveling. For a list of friendly nations, see Best Panama Residency by Investment Program. Very few people realize that Panama has its own economic passport program. Search. There are many companies which do … Let them give you a call. In return the investor, spouse and dependent children will be offered a residency visa and may eventually qualify for citizenship. VALID CÉDULA - (identification card from Panama). If money is no object, this is the passport to buy. Check your economic citizenship options and get your second passport. Here’s a list of some of the most common advantages people discover from obtaining citizenship through investment: Doing Business: As a citizen, an investor is granted many inalienable rights that foreigners or residents of sovereign nations aren’t. Applicant that invest in free trade zone areas or call center. Dubai . These countries are: While every country naturally has their own set of laws and regulations regarding obtaining a second passport as a citizen by investment, there are some general rules of thumb. Learn more . Initially permanent residence card is granted to the investors which is then converted to Samoan citizenship after 3 years. Since then countries within the European Union have quickly caught up on the demand and the benefits of citizenship by investment programmes brings to their local economies. Panama offers the best tax deal and residency can be obtained for as little as $8,500 (single applicant) through their “favored nations visa” program. … Panama gets you visa free travel to 127 countries compared to 61 countries from India. Panama has an enjoyable climate and a dynamic economy. In case of a family application, each … Most citizenship by investment programs are available to the family members of the main applicant. Our solutions start from $45,000, with passports obtained within as little as 6 months. By far, Dominica offers the cheapest and fastest way to get a passport by investment. Show that you have a clean criminal record, and do not have any outstanding criminal charges or warrants in your original home country. Panama City is the largest offshore and regional banking center in Latin America. Second citizenships can offer access to world-class health care, education and an … This protection was vital for many people with critical jobs or messages to deliver, as violating the passport holder’s rights was an affront to the king himself. Learn more . Europe: London … Foreigners who wish to invest in a business in Panama, with a minimum Share Capital of US $ 160,000 per applicant, may apply for the Residence Visa for Business Investor in Panama as a shareholder or manager of said … Due to the uncertain nature of the world and global economy, you can expect that more countries will add themselves to this list over time. These documents vary according to whether the application is a first-time application, a first-time renewal, or a later renewal. Panama Friendly Nations Visa. A second passport provides a greater mobility along with visa free travel freedom. Its official name is the Republic of Panama, and it is most famous for the Panama Canal. Give us a call or send us a message and get a free Panama legal consult. - If the investment is in a real estate property, evidence of ownership by a certificate of the Public Registry of Panama in which the name of the petitioner or Private Interest Foundation is stated, indicating that the property is free from encumbrances. This isn’t because Panama’s passport isn’t decent — it is tied for 65 th place on our Nomad Passport Index and gives you visa-free access to 141 countries, including the Schengen area, Russia, and all of Central and South America. People often defer idea of citizenship as being exclusively-tethered to the country they’re born in, however it is often more complex than that. In exchange, and subject to a stringent vetting and … Canadian … For example, if a Canadian citizen moves to Hong Kong, after fulfilling certain obligations before the Canadian … +44 207 060 1475. info@goldenvisas.com. It is not an instant passport program, nor does it grant citizenship to its applicants. needs to be invested. By the 15th century, England was using a version of the safe conduct “passport” under King Henry V to protect any person he deemed fit while traveling through the realm or abroad. Panama citizenship is not available under any of so called instant citizenship-by-investment programs similar to those existing in Dominica and St. Kitts & Nevis. However, this program is unique. The golden visa investment needs to be made into an official reforestation project. In comparison, Belgium has an invest to become a citizenship program requiring a 400,000 Euros minimum investment… Foreigners who wish to invest in a business in Panama, with a minimum Share Capital of US $ 160,000 per applicant, may apply for the Residence Visa for Business Investor in Panama as a shareholder or manager of said … If you’re from India, Pakistan, or another country with a low rated passport, residency and a second passport from Panama will be a major upgrade. Have a question? It’s also possible to get residency in Panama for free if you combine it with an investment in teak. Panama Citizen Investment Program Compared to Other Countries. Citizenship by investment programs legally confer citizenship status faster than traditional immigration processes and do so without requiring investors to put their lives on hold. #16 in global passport index. Dominica’s passport ranking is 37th in the world, due to the passport offering visa-free travel to over 130 destinations, including Europe’s Schengen Area. It was later suspended and the reinstated in 2008. T +971 4 457 2330. The process will therefore take a minimum of five years. These documents vary according to whether the application is a first-time application, a first-time renewal, or a later renewal. We support our clients in obtaining citizenships, passports, and residence from countries that offer immigration and investment programs. Investment from €250,000. Samoa has a citizenship by investment program in the Pacific and a common wealth country. Below we have listed several immigration programs … Choose programme from Europe, Caribbean, USA for full details. You can also acquire citizenship through marriage, naturalization, and even through investment. This “citizenship by investment… There’s no right or wrong answer to this, as it can vary depending on personal circumstances, as well as business and personal needs. A St Kitts and Nevis passport lets you live, work, and study in one of the Caribbean’s most idyllic locations and gain visa-free entry to over 150 countries and territories worldwide. By investing in a teak plantation in Panama, you can apply for permanent second residency in this nation. For an increased investment amount, $80,000 in total, the visa can become permanent after one year. To be eligible, you must make an investment of US$160,000 in capital stock of a Panamanian corporation. The investor can apply for a visa as an officer or shareholder of Panama corporation. Study in the US Study in Panama City of Knowledge Visit Panama. Most economic EU Golden Visa. #34 in global passport index. There is no option for you to make a donation or invest in an approved governmental project and acquire the right for fast-track naturalization in the country. Overview of residency and citizenship by investment programmes by country. PANAMA. Sign up free and receive the latest news on Asset Protection, https://www.panama-offshore-services.com/wp-content/themes/pols_theme/images/en/logo.png, PH SL55 Building, 31st Floor, Ave. Samuel Lewis & Calle 55, How to Obtain a Permanent Residency Visa in Panama, Antigua & Barbuda Citizenship by Investment, St. Kitts & Nevis Citizenship by Investment, St. Kitts & Nevis Citizenship by Investment Program, Cyprus Naturalization of Investors by Exception Scheme, Antigua & Barbuda Citizenship by Investment Program, Grenada Citizenship by Investment Program, Saint Lucia Citizenship by Investment Program, Montenegro Citizenship by Investment Program. Panama is between the Caribbean Sea and the Pacific Ocean. Currently, there are 150 countries that can apply for this visa. The law is designed like the Economic citizenship Program of Dominica and that of St. Kitts, and is intended to boost the economy and in this case, more specifically to promote foreign investment in Panama. However, there are other ways to get a second passport that does not require such an investment. St Lucia Established in 2016, the St Lucian citizenship by investment programme is the newest in … Citizenship-by-Investment programs offer you the opportunity to legally acquire a new nationality and an alternative passport quickly and simply, without major disruption to your life. The Panama Travel Passport allows visa-free travel to 116 countries, including the EU and UK. Citizenship & Passport Procedure for obtaining citizenship through investment in Canada is regulated by the Immigration and Refugee Protection Act, as well as federal and provincial programs. 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