FAQs

1. About the Qualified Investor Program (QIP)

What is the Qualified Investor Program?

The QIP is a residency-by-investment program that grants permanent residency in Panama through a minimum real estate investment of US$300,000.

How fast can I obtain permanent residency?

Most applications are approved within 30–45 businessdays, making it one of the fastest programs in the region.

Is my residency permanent from the beginning?

Yes. Unlike other countries, Panama grants permanent residency from day oneunder the QIP

Do I need to live in Panama to maintain the residency?

No. There is no minimum-stay requirementto keep yourresidency active.

Can my family be included in the application?

Yes. Spouses and dependent children can be included in the same application.

2. Investment Requirements

What is the minimum investment amount?

The minimum is US$300,000, which must be invested in real estate property.

Can multiple properties count toward the US$300,000
minimum?

Yes. You may combine several properties as long as the total registered value meets or exceeds US$300,000.

Can I finance part of the investment with a mortgage?

You may use financing as long as at least US$300,000 of your own funds are registered in the purchase.

What types of GLP properties qualify for the program?

City, beach, island, and golf developments starting at US$300,000 and above.

Are pre-construction properties eligible?

Yes, as long as the legal documentation certifies the investor’s ownership interest.

3. Legal Process

What documents do I need to apply?

Typical requirements include:
•Valid passport
•Criminal background check
•Proof of investment
•Birth/marriage certificates (if applicable)
•Application forms prepared by a Panamanian attorney

Do I need to appear in person in Panama?

Yes, at least once for biometrics and formalities with immigration.

Must I hire a Panamanian attorney?

Yes. The QIP requires representation by a licensed Panamanian lawyer.

What are the government fees?

Government fees vary by family size; your attorney will provide detailed breakdowns.

What happens after approval?

You receive a permanent residency card and may apply for atax residency certificate if required.

4. Taxes, Wealth & Lifestyle

Does Panama tax my worldwide income?

No. Panama uses a territorial tax system—only income generated within Panama is taxed.

Can I open a bank account in Panama as a resident?

Yes. Residency can facilitate the process significantly.

Can I work or start a business in Panama as a resident?

Yes. Permanent residents have the legal right to operate businesses, invest, or work within regulated frameworks.

Is there inheritance tax in Panama?

No. Panama has no inheritance or estate tax.

How safe is Panama for expatriates?

Panama is considered one of the safest and most stable countries in Latin America with strong banking and legal systems.

5. Property Ownership & Returns

Can I rent out my property?

Yes. You may rent long-term or short-term, depending onzoning and building rules.

Does GLP provide property management services?

Yes. GLP offers property management and rental services for investors.

What rental yields can I expect in Panama?

Yields vary by market segment (city, beach, island) and can range between 4%–8% annually.

Can I sell the property later and keep my residency?

You should keep the qualifying investment for the required minimum period; afterward, you may sell without affecting your residency.

Can I buy the property as a corporation or trust?

In most cases yes, as long as the investor is the beneficial owner. Your attorney will advise.

5. Property Ownership & Returns

Can I rent out my property?

Yes. You may rent long-term or short-term, depending onzoning and building rules.

Does GLP provide property management services?

Yes. GLP offers property management and rental services for investors.

What rental yields can I expect in Panama?

Yields vary by market segment (city, beach, island) and can range between 4%–8% annually.

Can I sell the property later and keep my residency?

You should keep the qualifying investment for the required minimum period; afterward, you may sell without affecting your residency.

Can I buy the property as a corporation or trust?

In most cases yes, as long as the investor is the beneficial owner. Your attorney will advise.

6. Living in Panama

How is healthcare in Panama?

Panama offers private and public healthcare systems, with excellent hospitals in Panama City and costs significantly lower than in North America or Europe.

Are international schools available?

Yes. Panama has American, British, French, German, and international IB schools.

How is the cost of living?

Cheaper than most major U.S. and European cities, with a high quality of life.

Can I sell the property later and keep my residency?

You should keep the qualifying investment for the required minimum period; afterward, you may sell without affecting your residency.

Can I buy the property as a corporation or trust?

In most cases yes, as long as the investor is the beneficial owner. Your attorney will advise.

7. GLP-Specific Questions

Why should I invest with GLP?

GLP is Panama’s most experienced developer with 40+years, 15,000+ delivered units, and leadership in master-planned communities

What makes GLP qualified investor properties unique?

Prime locations, premium amenities, rental potential, and long-term value backed by proven track record.

Can I tour the properties remotely?

Yes. We offer virtual tours and personalized video walk throughs.

Do you offer assistance after the residency approval?

You should keep the qualifying investment for the required minimum period; afterward, you may sell without affecting your residency.

How do I begin the process?

Simply fill out the contact form or schedule a consultation with our Investor Team.