You can invest the sum of $80,000.00 in a reforestation project authorized by the Authority of the Environment. The permanent residence permit grants the applicant a foreign permanent residence ID card and the right to apply for Panamanian Nationality after 7 years.
If the applicants have dependents, the investment should be increased to $2,000.00 for each dependent, which can be justified local bank reference.
Reforestation Program highlights -
Requires a US$ 80,000 investment in reforestation field
We work with reforestation companies that already have reforestation field for sale
This program is also an investment due to the fact that you can sell the wood in the future
The most common wood used for reforestation is teakwood
Applicants may opt for Panamanian citizenship in the future
Citizens from Asia, Middle East and Africa, kindly note that Panama's Immigration Office may have your country on a List of Restricted Countries subject to Special Requirements. For more information, please click here.
Padilla Associates - Immigrationvisa247 offering you the following services:
Applying for visas, work and residence permits for expats
Immigration Programs services
Real estate brokerage to find a home or apartment
Incorporation of companies, LLCs, trusts and foundations
Banking & trading accounts
Wealth management services
For more information, please contact us.