Panama

Republic of Panama (Republica de Panama).

The Panamanian government has created several laws which, depending on the particular type of visa applied for, enable foreigners to obtain legal temporary or permanent residency, work permits, and in some cases citizenship and passport in the Republic of Panama. Most of these laws have been created to promote foreign investment in the country which benefits the local environment or local economy of Panama.

This program allows foreigners to obtain immediate Panamanian passport under the condition that they make a 5 year time deposit (certificate of deposit - "CD"), at the Banco Nacional de Panama, which earns a minimum of US$ 750 per month in interest income.

At current interest rates, this would mean that the investor would need to deposit a minimum of US$ 200,000 in the 5 year time deposit at the Banco Nacional de Panama. The monthly interest earned from the time deposit (CD), would be deposited directly into the applicants savings account, and the applicant can withdraw the funds in the savings account at any time.


For More Information:

Burgemeester van Heusdenweg 37
West-Terschelling
Netherlands
Telephone: +316 509 888 47
Fax: +318 472 903 61

E-mail: netherlands@right-way.net
Avenida del Golf s/n, Costa Deguise
Spain
Telephone: +346 776 043 07
E-mail: spain@right-way.net

http://www.right-way.net/