Recently, the "Top Ten Immigration Events of 2025" released by Worldway Group has sparked widespread attention in the industry. Among them, Panama's introduction of the bill to obtain a travel passport through permanent residency, ushering in the era of "three-in-one" certification, was selected as one of the "Top Ten Immigration Events of 2025."
On October 29, 2025, the President of Panama signed Law No. 493, clarifying that applicants approved through the Qualified Investor Permanent Residency Program can obtain a national ID card and a travel passport simultaneously upon receiving permanent residency, achieving three documents with a single application. The bill took effect on the date of its promulgation, and administrative agencies are required to issue implementation rules within six months. According to the new policy, investors can choose to invest $300,000 in real estate, and after holding the investment for 5 years, they may freely dispose of the assets without affecting their permanent residency status. Panama's introduction of the bill to obtain a travel passport through permanent residency is the first institutional breakthrough in Latin America that "links residency rights with travel rights," becoming a major focus of the 2025 immigration market.
Against this backdrop, the comprehensive value of Panamanian status has been rapidly amplified by the market. Its advantages no longer stop at "low-threshold permanent residency" but have upgraded into a comprehensive solution that balances residency rights, identity functions, and travel flexibility.
What is "Three-in-One"?
According to the bill, investors who invest $300,000 in Panamanian real estate can simultaneously obtain Panamanian permanent residency, national identity (ID), and a travel passport:
1. Permanent Residency
Allows for legal long-term residence, living, and working in Panama without the need for frequent renewals, offering high status stability.
2. National Identity (ID)
Holders can enjoy almost all civil rights except for the right to vote and stand for election. They can travel freely in Latin American countries such as Mexico and Colombia, and are free to conduct business, open companies, and engage in commercial activities.
3. Travel Passport
Equivalent to an international travel visa, it allows visa-free access to over 140 countries and regions, including the EU Schengen Area, the United Kingdom, Japan, and Singapore. (Visa-free information may change due to diplomatic factors such as national diplomatic relations. It is recommended to consult the border inspection/immigration departments of the destination country/region before traveling, and refer to the latest regulations of each country/region.)
Continuous Expansion of Identity Rights, Comprehensive Upgrade of Investment Value
With the official implementation of the travel passport, Panama immigration has now been fully upgraded to an all-around identity configuration of "one investment, six documents in hand."
Three core documents:
• Property Title Deed
• Permanent Residency Card
• National ID Card
Three future benefits:
• After six months, you can obtain a travel passport
• After 5 years, you can apply for a U.S. E2 visa
• After 7 years, you can apply for Spanish citizenship through a green channel
At the same time, the application requirements for Panama immigration are relaxed, with no language or academic requirements. Three generations can apply simultaneously, and the whole family can enjoy the benefits of Panama. The processing speed is fast, and the approval cycle is short, requiring only about 30 working days to obtain permanent residency. It is recommended that interested families take action immediately and start the application as soon as possible to lock in the current policy dividends and identity advantages.
Worldway Group, one of the Top 500 Asian Brands, has been focusing on investment immigration for over 20 years and is your trusted choice for Panama immigration. It is recommended that interested families take action immediately and start the application as soon as possible. Worldway has joined forces with top Panamanian brand developers to carefully select high-quality real estate projects in Panama City for investors, helping them achieve a win-win situation in overseas identity planning and overseas asset allocation.
For detailed inquiries, please contact Mainland China: 400-138-2929, Hong Kong Customer Service Center: (852)2802 8798
