Country Profile Panama
Start a Restaurant, Guesthouse or Small Hotel in Panama
Disclaimer (As of July 2025):
We do our best to keep all information accurate and up to date. However, Hogahero cannot guarantee the completeness or legal validity of any content. Local laws and regulations may change without notice. Before making any binding decisions or investments abroad, please consult a qualified local lawyer, tax advisor, or official authority.
Your success deserves the right support.
Panama is a growing hotspot for hospitality entrepreneurs, thanks to its dollar-based economy, investor-friendly policies, and expanding tourism infrastructure. The country offers a welcoming business environment, especially in beach towns, eco-tourism zones, and Panama City. However, bureaucracy can be a challenge, and local legal guidance is essential.
Friendly Nations Visa
Available to citizens of select countries (including Germany, Austria, and most EU nations).
Requirements:
- Proof of economic ties (e.g. owning a business or being hired)
- Clean police record
- Bank deposit (~$5,000 minimum)
- Local legal representation
Business Investor Visa
- Requires a minimum investment of $160,000 in a Panamanian business.
- Must create local jobs
- Renewable residency leading to permanent status