Panama Instant Passport Program

The "Instant Passport Program" refers to the Rentista visa or Temporary Residence Visa as an Independent Retired http://mypanamalawyer.blogspot.com/search/label/rentista, which has maintained the advantage of an identification booklet whith the same cover as a normal Panama passport - it even reads "Pasaporte" in its front cover. You can see its content in See http://mypanamalawyer.blogspot.com/search/label/second%20passport Panama authorities clearly warn that this is not a passport and should not be used as a travel document, even though some anxious peddlers on the Internet call it a passport. It is meant more as a fancy picture ID and does not grant Panama citizenship. --- En date de : Sam 7.11.09, bryan88 a écrit : De: bryan88 Objet: Panama Instant Passport Program Date: Samedi 7 Novembre 2009, 1h01 To Mypanamalawyer There are various websites offering an instant passport from panama stating you only need to deposit money with the national bank of panama for 5 years and you get a passport and residency. I just wanted to find out if it applies and if so,what are the details. I am a South African citizen planning on relocating to Panama within the next year or so and wish to relinquish my South African citizenship but would lose my current passport if I do. If you could please be so kind as to advise me on what to do. Many Thanks