The Panama Reforestation Visa grants permanent residence to foreigners who invest a minimum of USD $100K or US$ 350K in a reforestation project approved and managed by a forestry company regulated by the Ministry of Environment of the Republic of Panama.
This investment must be maintained for at least 5 years after obtaining permanent residence.
Pardini & Asociados works with reforestation companies approved for this program.
If the applicant plans to include dependents (for example, family members) in the application, they will need to increase the investment by US$2,000 for each dependent.
Highlights of this program:
-
- The new regulation came into force as of May 20, 2021.
- There are different options for obtaining permanent resident status within this program.
- Investment of US$ 100K – The applicant and their dependents will receive a 2-year residency status and the right to opt for permanent residency, like other residency programs.
- Investment of US$350K – The applicant and their dependents will be granted permanent resident status immediately.
- The investment must be maintained for 5 years, otherwise the permanent resident status will be cancelled.
Citizens of Asia, the Middle East and Africa, please note that the Panama Immigration Office may include your country on a List of Restricted Countries subject to Special Requirements. For more information, please Click here.
La Business Panama Group provides a convenient Single window offering you the following services:
-
- Real estate brokerage to find a house or apartment
- Constitution of companies, LLCs, trusts and foundations.
- Bank and business accounts
- Wealth management services
- Application for visas, work and residence permits for expatriates
- Relocation services
- Others
For more information, please Contact us.
Customer Service
Business Panama Group
US and Canada Toll Free 1-888-800-8947
Local telephone +507-223-6788
Email - inquiries@businesspanama.com
www.BusinessPanama.com
Business Panama Group
US and Canada Toll Free 1-888-800-8947
Local telephone +507-223-6788
Email - inquiries@businesspanama.com
www.BusinessPanama.com