u/skidbladnir_

Hello, I have a question about the friendly nations visa in regards to real estate investments.

Does the investment have to be $200k in an existing property? Or, could I purchase land and build a house, and the assessed value is $200k or more after its built, it can qualify?

Wondering because my parents are in Panama on retirement visa and have built a house. The neighboring property is for sale but it's only $50k and needs a house built. I'd love to be able to buy this lot and build near them if possible.

Thanks for any insights!