Panama’s Bid to Regain Investor Trust

NEW YORK, NY – November 20, 2025

Panama is embarking on a renewed effort to attract foreign investment through its Qualified Investor Program, partnering with global investment firm Mercan Group to revitalize the program and address past concerns about transparency. This collaboration signals a commitment to restoring investor confidence and positioning Panama as a premier destination for high-net-worth individuals seeking second citizenship and lifestyle diversification.

A Program Under Scrutiny

Panama's Qualified Investor Program, offering residency and eventual citizenship through investment, has faced headwinds in recent years. While historically popular, the program suffered a dip in appeal following increased international scrutiny of financial transparency and concerns raised by the Panama Papers revelations. “The perception of risk associated with Panama needed to be addressed,” says one industry observer. “Investors now demand greater due diligence and a clear commitment to regulatory compliance.”

The program’s structure, offering pathways to residency through real estate investment, securities, and bank deposits, remains attractive. However, a lack of consistent oversight and perceived vulnerabilities prompted a need for reform. The partnership with Mercan Group is designed to directly address these concerns and reinforce Panama’s commitment to international standards.

Mercan Group’s Expansion and Expertise

Mercan Group, with over 35 years of experience in hospitality development and investment migration, brings a proven track record to the table. The firm has successfully implemented similar programs in Portugal and Greece, establishing a reputation for efficient processes and investor satisfaction. “Their experience in navigating complex regulatory landscapes and attracting high-quality investors is invaluable,” comments a government source.

Beyond program support, Mercan Group is planning a significant hospitality development in Panama, including a branded hotel, serviced residences, and a casino. This investment demonstrates a long-term commitment to the country and its potential for growth. The development is expected to generate substantial economic benefits, including job creation and increased tourism revenue. Mercan Group’s expansion into Panama reflects a strategic move to capitalize on the country’s unique advantages, including its dollarized economy, strategic location, and growing tourism sector.

Lifestyle Investment and Global Mobility

The demand for second citizenship and residency by investment programs continues to grow, driven by factors such as increased global mobility, political instability, and the desire for diversification. Panama’s Qualified Investor Program, with its relatively low investment threshold of $300,000 for real estate investment, presents an attractive option for individuals seeking alternative lifestyles and enhanced global access. “There’s a growing segment of investors prioritizing lifestyle and personal freedom alongside financial returns,” explains a wealth management advisor. “Panama offers a compelling combination of these benefits.”

The program's fast-track residency processing—typically within 30 days—further enhances its appeal. Furthermore, Panama's position as a global trade hub and its convenient location for travel throughout the Americas add to its attractiveness. The country’s burgeoning tourism sector, coupled with its modern infrastructure, provides a comfortable and convenient lifestyle for residents and visitors alike.

Boosting Panama’s Tourism and Real Estate Sectors

The anticipated influx of investors through the revamped Qualified Investor Program is expected to have a significant positive impact on Panama’s tourism and real estate sectors. The construction of new hotels, serviced residences, and other tourism-related infrastructure will stimulate economic growth and create employment opportunities. “We anticipate a substantial increase in demand for high-end properties,” says a local real estate developer. “The program will attract affluent buyers and investors who are seeking to diversify their portfolios and enjoy a high quality of life.”

Panama’s tourism industry has been steadily growing in recent years, with visitor numbers increasing by 10% in 2024. The government is actively promoting the country as a premier destination for luxury tourism, convention tourism, and ecotourism. The partnership with Mercan Group is expected to further accelerate this growth, attracting a new wave of affluent travelers and investors.

While challenges remain—including the need to address concerns about transparency and regulatory compliance—Panama is well-positioned to regain its status as a leading destination for investment migration. The revamped Qualified Investor Program, coupled with strategic investments in tourism and infrastructure, is expected to drive economic growth and create a brighter future for the country.