VLOG – Do I need $2000 Extra in the Bank Account for each dependent?

No, you do not need an extra $2000 in your personal bank account per dependent regardless of the visa program.

Residency programs such as Reforestation Visa and Self Solvency Visa which require that the main applicant invest an additional $2,000 per dependent in order to include them in the application.

*Note:* The $5,000 in a Panamanian bank account was a requirement for all applicants in the old Friendly Nations Visa program. As of August 7th, 2021 this is only a requirement if you apply with dependents, regardless of the number of dependents in the application. For self solvency requirements for other visa programs be sure to reach out to our team.

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Published November 19th, 2019, as Video on Immigration by Johana Sum