Did you know that investing in Panama real estate may open the door to Panamanian residency within just 45 days?
Panama is among the top destinations for expats and retirees, thanks to the robust US dollar-based economy, strong government, and excellent healthcare. Many people appreciate the spirited international community, too. These qualities ensure a perfect combination of high-quality living, affordability, and stability, making the country one of the most attractive destinations for relocation.
But what is the role of Panama real estate in fast-tracking your residency? Read on as we share the details in this blog.
Buy property worth at least $300,000
One of the fastest ways to gain residency in Panama is by purchasing real estate valued at $300,000 or higher. This can roll out the red carpet for Panamanian residency, allowing you to potentially obtain it in as little as 45 days. It’s a practical option for those eager to quickly establish a new life in the country.
Friendly Nations visa
If you come from one of the 50 ‘Friendly Nations’ with Panama, you could qualify for residency by purchasing real estate worth $200,000 or more. It’s a budget-friendly program for expats, families, and professionals looking to buy a long-term home. Citizens from Canada, the US, and most European countries may qualify, but be sure to check for an updated list.
Pensionado visa
Are you looking for Panama real estate for your retirement? If your lifetime pension is at least $1,000 monthly, you may qualify for the Pensionado visa. Renting property even becomes an option. Moreover, you can access discounts on entertainment, dining, healthcare, and other perks.
Get started
Your journey to realize this dream of owning Panama real estate and gaining residency starts here. At Panama Centro Realty, we offer up-to-date listings that make it easier to find the perfect house. Start browsing our listings, compare properties at a glance, and invest in your home today.
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