Introduction
Panama implemented substantial changes to its Qualified Investor Immigration program on September 16, 2026 through Executive Decree No. 17, which replaced the regulatory framework established under Executive Decree No. 722 of 2020 and its amendments.
The decree amends the qualifying investment criteria under the program and introduces more stringent requirements relating to investment valuation, source-of-funds verification, and ongoing compliance during the five-year holding period.
Below, we set out what changed, what it means for applicants at every stage, and how we can help clients navigate the new regime.
Panama Qualified Investor Immigration Program In Brief
Panama’s Qualified Investor Immigration program offers foreign nationals permanent residency in return for a qualifying investment, and much of its appeal lies in how simple and quick it is.