As of October 29, 2025, Law 493 of 2025 has come into effect, expanding the immigration benefits available to foreigners who have obtained residency in Panama under the Qualified Investor Visa program.

The National Migration Service of Panama has established the obligation to update the address for all foreign residents, whether provisional residents or permanent residents.

Executive Decree No. 193 of 2024 amends provisions of Executive Decree No. 722 of 2020, introducing key changes to the subcategory of Permanent Resident as a Qualified Investor. This decree allows applicants to obtain permanent residency through economic investments in Panama, focusing on encouraging foreign investment. 1. Minimum Investment: The minimum investment amount has been reduced to three hundred thousand dollars (US$ 300,000.00) to obtain permanent residency, applic

Through Resolution No. 079 of 2024, Panama adopts the design and content of the form known as the "Traveler's Declaration" in digital format. This resolution updates and establishes provisions related to the submission of the traveler's declaration in the customs context. The objective is to facilitate the control of the entry and exit of travelers and their luggage, promoting automation and the use of information and communication technologies. For more information or legal

Do you have a Panamanian Society or Foundation with operations abroad?

Recently, Executive Decree No. 1 was published, establishing the new Minimum Wage rates in Panama. These rates include a 4.5% increase for small businesses, a 6.0% increase for large businesses, and a 7.0% increase for companies in the banana sector. These new rates will be effective starting January 16, 2024. Click to see details (only available in spanish) For inquiries and further information, contact our specialists in Corporate and Business Law at rcambra@cldlegal.com

Panama is a small country located in Central America that has become a popular destination for foreign investment, particularly in the real estate sector. With a booming economy, favorable tax laws, and a stable political environment, Panama offers a range of investment opportunities for those looking to expand their portfolio. One of the primary reasons why foreign investors are attracted to Panama is its strategic location. The country is situated at the crossroads of the A

We strongly feel that Panama still has an edge over other countries in the region, as foreign investment keeps coming in. Evidence of this is the establishment of 14 new Regional Headquarters of Multinational Companies and 2 EMMA Licensed companies in 2022. In addition, we see an increasing number of foreigners interested in establishing permanent residence in Panama, and establishment of online businesses, including those related to cryptocurrency. Let’s look at some areas o

It is necessary to do a Real Estate Due Diligence when buying a property in Panama? The answer to this question is simple: yes, you do need to do your due diligence when buying property in Panama. Although I firmly believe we have a very good public records system, as advisors in a real estate transaction, we follow several measures before considering advising a client to sign a promise to purchase agreement or a final purchase agreement. Learn in this quick guide prepared

Panama is a beautiful country located in Central America, bordered by the Pacific Ocean to the south and the Caribbean Sea to the north. In recent years, Panama has become a popular destination for retirees and expats due to its favorable climate, low cost of living, and excellent healthcare system. In this article, we will highlight the advantages of retiring or moving to Panama, including its high rankings in various global indicators. One of the most significant advantages