Special Passport for Qualified Investors in Panama: Complete Guide to Law 493 (2025)
- Roxana Rangel
- 3 days ago
- 2 min read
Introduction
Panama continues to solidify its position as a leading destination for foreign investment. With the enactment of Law 493 on October 28, 2025, the country introduced a special passport for foreigners who hold permanent residency under the Qualified Investor category, as well as their dependents.
This innovative measure enhances global mobility and strengthens legal certainty for long-term investors.
1. What Is Law 493 of 2025?
Law 493 amends Panama’s Passport Authority regulations to create a special passport exclusively for qualified investors.
This passport acts as an additional travel document, valid as long as the permanent residency is maintained.
Important:
It does not grant Panamanian citizenship and does not replace the investor’s national passport.
All specific requirements will be clarified through forthcoming executive regulations.
2. Who Qualifies for the Special Passport?
This benefit applies to:
Foreigners with permanent residency as Qualified Investors.
Dependents, including spouse, minor children, and other approved dependents.
Minimum investment requirements and documentation will be officially defined through regulation.
3. Key Benefits of the Special Passport
✔ Improved International Mobility
It can ease travel to countries that recognize Panamanian travel documents or offer facilitated visa processes.
✔ Stronger Legal Recognition
It reinforces the investor’s migration status before Panamanian and foreign authorities.
✔ Government-Backed Credibility
The passport reflects Panama’s commitment to attracting and retaining high-level foreign investment.
✔ Practical Validity
It remains valid for the same duration as the investor’s permanent resident status.
4. Limitations and Important Considerations
It is not a national passport and does not grant citizenship.
Implementation depends on pending executive decree.
Application will require fees, supporting documents, and investment verification.
Applicants must maintain their residency status.
5. Application Process (General Overview)
Obtain Qualified Investor Permanent Residency, through real estate, securities, or banking investment routes.
Comply with the minimum investment amount (to be defined by regulation).
File an official request with the Panamanian Passport Authority.
Submit supporting documentation, photos, and payment of fees.
Wait for review and issuance of the special passport.
6. Impact on Panama and Investors
For Panama:
Enhances competitiveness against other Golden Visa programs.
Promotes foreign investment and economic growth.
Reinforces trust in Panama’s legal and migratory frameworks.
For Investors:
Provides additional travel flexibility.
Grants a recognized, elevated migratory status.
Adds a unique benefit compared to other residency programs worldwide.
Conclusion
Law 493 of 2025 is a significant milestone for Panama’s investment and immigration ecosystem. By offering a special passport, the country acknowledges the contribution of foreign investors and strengthens its position as a stable, long-term destination for international capital.
Although it does not grant citizenship, this passport offers prestige, mobility, and legal certainty — key advantages for any serious investor.
If you would like guidance on the Qualified Investor Visa or the upcoming special passport, feel free to reach out. I can assist with requirements, legal strategy, and end-to-end application support.