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Tax Free Processing Zone Investor Law number 16 of 1960 created this program (“Visa en Calidad de Agricultor”) as a means to offer foreigners the opportunity to become permanent residents and citizens in Panama by investing in farms and agriculture in the Republic of Panama. Procedures for Applying for Residency: Provide all required
documents, and sign the Special Power of Attorney for our law
firm to handle your immigration paperwork. Our law firm will request
all required governmental certifications, and organize all required
documentation and applications for the immigration department.
- After the 3 months, our law firm submits your application for a 1 year Temporary Immigrant Visa, under the Agricultural Investor visa requirements. You are issued a Temporary Immigrant Card, which is valid for 1 year. - After the 1 year, our law firm submits your application for a 2 year Temporary Immigrant Visa, under the Agricultural Investor visa requirements. You are issued a Temporary Immigrant Card, which is valid for 2 years. - After the 2 years, our law firm submits your application for a 5 year Temporary Immigrant Visa, under the Agricultural Investor visa requirements. You are issued a Temporary Immigrant Card, which is valid for 5 years. - After the 5 year Temporary Immigrant Visa expires, our law firm will submit a new application for your Permanent Residency Visa. You will then be provided with a Panamanian Cedula (Permanent Resident Card). - After 5 years of having Permanent Residency status, you may apply for Panamanian Citizenship, and a Panamanian Passport. This is called becoming "Naturalized", and requires that you accept the laws of the Republic of Panama under oath. Panamanian passports are renewable every 5 years thereafter. Fees: Please note that, because this type of visa requires several steps that are spread out among various years, and for each step we must gather the same documentation from the various governmental agencies and present the same documentation over and over again for each step, we charge our legal fees by the step. Our legal fees for this type of visa are as follows: Multiple Entry & Exit Visa (Optional): The Multiple Entry & Exit Visa should be applied for after or at the same time that any type of visa is applied for. The Multiple Entry & Exit Visa allows you to enter and exit the country as many times as necessary. For more information about the Multiple Entry & Exit Visa, please CLICK HERE. If you are interested in relocating to Panama, or obtaining legal residency in Panama, please contact us for a personal consultation.
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