#Panama City #Panama #Foreign Investment #Mercan Group

Mercan Group Partners with the Panamanian Government

In a significant development, the Mercan Group, a leader in investment, immigration consulting, and recruitment with over 35 years of experience, has teamed up with the Panamanian government to revamp its foreign investment program. This collaboration aims to bolster Panama's appeal as a prime destination for international investors and streamline the processes involved in obtaining citizenship through investment.

New Directions for Investment Migration in Panama

Eduardo Arango, Panama’s Deputy Minister of Commerce and Industry, expressed optimism about this partnership. He noted that the country is embarking on a transformative journey in its investment migration history. After years of stagnation in administration, the government is now committed to executing the qualified investor program transparently, efficiently, and consistently. “We are turning a new page in how we attract foreign investment,” he remarked.

By partnering with Mercan, the government seeks to enhance the global competitiveness of its investment program. Arango emphasized the decision to work alongside Mercan was straightforward, highlighting their proven expertise in investment migration.

A Gateway to Citizenship

Panama is strategically positioned as one of the most internationally connected countries in the region, serving as a crucial node for global trade and investment. The country boasts a stable, dollar-based economy and a robust financial sector, complemented by the Panama Canal, which facilitates around 5% of global trade. The Qualified Investor Program permits investors a pathway to Panamanian citizenship after five years, requiring a minimum investment of $300,000 along with flexible residency conditions.

Mercan Properties President, Jordi Vilanova, praised Panama for its unique blend of institutional trust, legal stability, and ambitious vision. He believes that the Qualified Investor Program is a strategic opportunity, reinforcing their commitment to fostering a program centered on transparency and performance.

Long-Term Commitment and Future Projects

Jerry Morgan, CEO of Mercan Group, described this collaboration as a vital milestone for the company. “Our aim has always been to establish long-term partnerships with countries that prioritize opportunities, transparency, and investor trust,” he stated. He expressed pride in working with a government aligned with Mercan's vision of sustainable economic growth and an attractive environment for international investors and their families.

Mercan's involvement in Panama is further underscored by its recent investments in a pioneering hotel project currently in the planning phase, which will feature a branded hotel, serviced residences, and a casino. Vilanova described Panama as precisely the type of market Mercan seeks for new ventures. With a successful track record of 34 hospitality projects across Europe, including 16 operational properties in Portugal and Greece, Mercan is poised to replicate its success in Panama.

The projects in Panama offer investors a secure entry into high-quality developments, backed by a clear and reliable application timeline. This approach mirrors the successful business model Mercan has utilized in Portugal and Greece over the past decade, where it has established trust-based partnerships with leading global hotel brands, opening 15 hotels in Portugal alone that have demonstrated exceptional performance.

This new chapter in Panama will adhere to the principles of excellence, consistency, and long-term value, ensuring that all stakeholders benefit from an investment environment characterized by transparency and real investment into the country. As Panama continues to refine its approach to foreign investment, the partnership with Mercan signifies a promising evolution for both parties.

For more information, please visit Mercan’s official channels.