Mercan Group Joins Forces with Panama Government to Overhaul Investment Migration Program
Mercan Group's Partnership with Panama
Mercan Group, a prominent player in investment, immigration consulting, and recruitment, is taking a significant step forward by collaborating with the Government of Panama. This partnership marks a pivotal moment in the enhancement of Panama's Qualified Investor Program, a program designed to attract international investment and talent.
With over 35 years of experience in the industry, Mercan Group is set to leverage its expertise to boost the program’s effectiveness and global reach. Eduardo Arango, the Vice Minister of Commerce and Industries in Panama, emphasized the importance of this collaboration, stating that the nation is entering a new phase in its investment migration narrative. After a period of stagnation, Panama is ready to implement an investor program that promises transparency, efficiency, and consistency—a framework that investors can trust.
This revitalized approach aims to enhance Panama's attractiveness as a destination for foreign investment. The Qualified Investor Program offers a path to Panamanian citizenship after five years with a minimum investment of $300,000 and flexible residency options. This initiative reflects Panama's positioning as a vital hub for international trade, backed by a robust dollar-based economy and a dynamic financial sector.
Mercan Group is not just providing consulting services; they are establishing a long-term partnership with the Panamanian government. According to Jordi Vilanova, President of Mercan Properties Portugal, Panama presents a unique balance of institutional trust, legal certainty, and a forward-thinking vision. Such aspects are crucial for attracting potential investors who prioritize security and stability.
Moreover, the partnership includes plans for large-scale investments in Panama, such as a landmark hospitality development. This project will feature a notable hotel, serviced residences, and a casino, setting a new standard for luxury and entertainment in the region. The synergy between the development plans and the investment program is expected to provide a considerable boost to the local economy, creating jobs and stimulating commercial activity.
With its established presence in Europe, which includes 34 hospitality projects—16 of which are already operational—Mercan aims to replicate this success in Panama. The company has a proven track record in delivering high-quality projects that not only attract investment but also cater to the needs of both local and international markets. Their strategy focuses on building trusted relationships with leading hotel brands, ensuring sustained performance and growth.
In summary, Mercan Group’s partnership with the Government of Panama signifies a new chapter in the country’s investment landscape. This collaboration emphasizes a commitment to transparency and performance, promising a framework where every participant in the Qualified Investor Program can benefit from a secure and promising investment opportunity. Together, they endeavor to redefine Panama's standing as a key player in the global market, encouraging international investors and their families to consider Panama as their next home.
For those considering investing in Panama, this partnership represents a remarkable opportunity for economic growth, legal stability, and a chance to be part of a transformative project in one of the region's most strategically located countries.