Uglobal Immigration Magazine Uglobal Immigration Magazine 6-1 2024 Joonmag | Seite 89

UGLOBAL . COM 89

PANAMA ' S QUALIFIED INVESTOR VISA : ONLINE APPLICATIONS AND PERMANENT RESIDENCY IN 30 DAYS

BY EMILIO CORNEJO VERNAZA
Individuals seeking permanent residency status and profitable investment opportunities can apply for this RBI program that allows a fully remote application .

Over the last two decades , Panama has gained a strong reputation as a top relocation destination for people worldwide . Whether they are a retiree , an executive from a multinational corporation , or a digital nomad , Panama has become a welcoming place to call home .

Its strategic location , robust economy , stable political climate , safety , and diverse society , among other key factors , make it an appealing choice for starting anew or enjoying well-deserved retirement .
Although Panama has offered various residency options in the past , the traditional application process could sometimes be daunting , often requiring multiple visits to government offices . However , this changed with the introduction of the Qualified Investors Residency program , which offers unique benefits to investors .
To better understand the enhancements the Qualified Investor ' s Residency program brings , it ’ s important to first understand how standard rules apply to other permanent residency programs when comparing its advantages .