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

Panama has enacted legal provisions through Law No. 238 of September 15, 2021, which extend maternity protections to fathers. This legislation safeguards fathers from dismissal under certain conditions, such as the death of the mother during childbirth or within twelve months thereafter, or if the mother does not have formal employment during the pregnancy or within the same period post-partum. The paternity protection lasts for up to one year following the child's birth. Fur