REPUBLIC OF PANAMA
MINISTRY OF PUBLIC SECURITY
NATIONAL MIGRATION SERVICE
REQUIREMENTS TO APPLY FOR PERMANENT RESIDENT PERMIT BY SPECIAL INVESTOR POLICIES IN PROCESSING AREAS FOR EXPORT (PPT-IZOP)
Article 211: “A foreigner who proves that he or she has invested a sum not less than two hundred and fifty thousand balboas (B/.250,000.00) coming from abroad, in a duly authorized company, such as promoter or operator of an Export Processing Zone or in companies established within these areas, according to Law 25 of 1992.”
1. Power of Attorney (notarized) and Request. The power of attorney must contain the name and nationality of the applicant's parents.
2. Three (3) photographs.
3. Duly verified copy of the passport (Notarized or Authenticated corresponding).
4. Criminal Record Certificate.
5. Health Certificate.
6. Certified Check for B/.250.00 in favor of the National Treasury.
7. Certified Check for B/.800.00 in favor of the National Immigration Service.
8. Affidavit of Personal History Form.
9. Investment certificate, issued by the National Directorate of Export Promotion of the Ministry of Commerce and Industries.
10. Certification issued by the Promoter proving the need for the permit according to the study presented by this company.
11. Bank letter specifying the origin of the funds.
REQUIREMENTS TO APPLY FOR PERMANENT RESIDENT PERMIT BY SPECIAL INVESTOR POLICIES IN PROCESSING AREAS FOR EXPORT (PRP-IZOP)
Article 213: To request permanence, the requirements must be submitted mentioned in the numerals of the previous article and additionally it must be contribute:
1. Peace and safe National Income in favor of the company.
LEGAL BASIS: Political Constitution of the Republic of Panama, Law 25 of 1992, Decree Law 3 of 22 February 2008, Executive Decree No. 320 08 August 2008, articles 211, 212, 213, modified by Executive Decree No. 26 of 02 of March of 2009, Law 38 of 2000.