Panamanian permanent residency visa through sustainable, environmentally friendly reforestation projects
Panama's permanent residency Is now available to the citizens of many nations such as the citizens of China, Canada, USA, Australia and more. A 2nd permanent residency is very coveted by many people and Panama is one of the top countries in the world to obtain this for many reasons. Unlike other countries where the programs can cost $500,000 or more and required moving to the country full time and yet offer fewer benefits than residency in Panama. You can obtain a full Panama residency package for only $138,000 through Panama Forestry. While you have to come to Panama a number of times during the procedure to process the residency, after obtaining the permanent residency status you only have to spend 2 days every 18 months to maintain your permanent full-time resident status in Panama. Our current complete visa package offers free and clear full ownership of land planted teak and managed for the 25 year cycle when it will be ready to harvest. The land is titled in the investor's name plus all legal costs to process the residency are covered and our exclusive 25-year plantation management contract which is structured to provide maximum return on the timber investment, as well as being an optimized complete package for obtaining a permanent Panamanian residency status.
When you compare Panama Forestry's reforestation residency visa package to other options you will find that it is quite simply, the best there is, offering more value then any other company.
See more information on all our current Panama residency visa investment opportunities, and contact us Jeff@Panamaforestry.com. Representative for China Zoe Zhu Email: ZoeZhu@PanamaForestry.com WeChat/WhatsApp: 008613503002464
Panama Green Residency Investment Program vis-à-vis other international programs:
There is no other country with the quality of the Panama passport that you can obtain for under $200,000. (US residency costs over $500,000 and is much less desirable on many levels at this time in history)
Panama is a country that does not tax offshore income in Panama for citizens or residents of Panama. It is an excellent place to structure your long term estate planning. Panama is a magnificent country to invest in and to invest from when looking at international wealth management.
With the Panama Forestry residency packages, you will never have to make any additional payments during the complete residency process in Panama or pay any fees to maintain your teak reforestation property after you purchase your Panama Forestry Residency structured plot. Rather than charging forestry maintenance fees, the company retains 10% of the wood harvested, leaving you with 90% of the return from the sale of your timber.
Panama Forestry's green investment package is the best in the market it includes handling all paperwork and the processing requirements for a 100% turnkey Panama permanent residency success.
Panama green investment and forestry residency program requires a minimum investment and plot size and we have projects that meet all of the requirements starting at USD 138,000.00. There are limited opportunities to obtain forestry plots that have more mature trees, are larger, or in conjunction with a coffee farm for a greater investment opportunity. See our currently available fully residency qualified projects. If you have family members to be included in the visa process, then there is an additional per member fee to cover government fees and legal costs.
There is a fast track option with an investment of over $350,000 in reforestation that requires less trips to Panama and you will have permanent residency in less than 1 year vs the normal 3 year processes.
The Panama Forestry projects include:
1. Land with clear title in your name within an already established plantation that qualifies for the Panama residency visa processes. The plot will then be registered as a managed forestry project directly in your name with the Ministry of Natural Resources (MIAMBIENTE). Processing time: this can take 3 to 6 months after you fund the residency package.
2. All the forestry studies required to transfer the reforested project into your name that will meet all the residency requirements.
3. Reforested property transfer costs and taxes are included.
4. 25-year management package from the date of planting. There will be no charges until this contract is fulfilled. After 25 years, the company retains 10% of the wood harvested, leaving you with 90% of the return from the sale of your timber.
5. All legal costs and government fees for obtaining permanent residence in Panama.
6. Assistance during the immigration process to obtain a Panamanian Residency.
Our legal package includes:
1. Government fees (cost of process cards, immigration fee, national treasurer fee, multiple entry-exit visa fee, cost of provisional, and permanent residence cards).
2. Temporary residence application.
3. Multiple entry visa application.
4. Permanent residence application.
5. Immigration Lawyer legal fee.
6. Other expenses related to the residency process such as notary fees, certification from the public record, health certificate, translations costs).
While obtaining the Panama permanent residency you will have to provide:
1. Accommodation in Panama.
2. Travel costs to and from Panama
3. Airport transfer services.
4. The cost of any document or certificate issued abroad that you need to process the visa.
5. The cost of apostille the documents that you have to provide from China or Hong Kong.
6. International Assistance.
7. You will qualify to apply for citizenship in Panama after holding the permanent residency status for 5 years. The costs and legal fees to apply for citizenship and passports are not a part of the permanent Residency package.
WHY INVESTING IN A FORESTRY PLANTATION IN PANAMA IS A GOOD IDEA?
Location: Panama provides a perfect geographical, climatic, and geomorphological condition for the production of high-quality Teak.
It is a tangible investment: Teak is a "green gold investment" being the owner of the trees and the land where the trees have been planted, is like owning gold that grows. Maybe gold does grow on trees.
You will become a green investor: By becoming a teak plantation owner in Panama, you are simultaneously investing in your future and future generations but also as a reforested plantation owner, you will be protecting the environment and providing clean air. The ecological impact of your investment is invaluable.
Government Incentives: The Panamanian government has implemented a strong conservation policy but also has enacted incentive programs to promote reforestation projects. These incentive programs include:
Residency Status: Any foreigner who participates in a reforestation project that meets the minimum investment and plot size is entitled to obtain residency in the Republic of Panama. In addition, if you fulfill the requirements you may become a Panamanian Citizenship in time.
Tax Exemption: Through Law 24 of November 23rd, 1992, Panama creates incentives for reforestation activities in the Republic of Panama. Besides, Executive Decree No. 89 of June 8th, 1993 regulates that reforestation projects will not be subject to any income tax on any profits from the wood produced within 25 years.
Creating a sustainable project and contributing to environmental protection: Global deforestation is an issue, but by managing and harvesting planted forests in an environmentally acceptable manner, the forest will survive and an opportunity exists for the achievement of a substantial return. By choosing Panama Forestry, you are electing sustainable development because Panama Forestry working with Panama Teak & Forestry provides lumber from sustainable sources.
Long Term Investment: Forestry is a long-term investment, and a reforested plot can be included in one's assets for estate planning purposes adding to your wealth for generations.
Teak is one of the most widely used high demand construction materials in many parts of the world, and the flow of timber from the Americas to other parts of the world is very dynamic and in high demand.
Clean investments have become a new trend around the world due to global deforestation and pollution problems. These clean investments protect the environment, provide clean energy, and breathable air by reducing the pollution level while lowering energy costs. Panama government also has shown concern to keep the country green and joining the global efforts with win-win programs. Thus the government of Panama has created an innovative green reforestation program called the Reforestation Visa that seeks to reforest the country but also to give back to the green investors with high-value sustainable timber production.
Green investors around the world can take part in the Reforestation Program in Panama while enjoying tax benefits, as well as being eligible to apply for a Panamanian permanent residency under the specially designed forestry residency visa program. This program is an exceptional value for those nationalities that do not qualify for the friendly nation's residency in Panama. For those foreign investors who seek to live abroad or enjoy spending a considerable amount of time in a tropical country with excellent weather conditions, Panama Green Investment is a valuable choice. Panama also has very well thought out tax laws that are very good for anyone with international businesses and income. With Panama Forestry's assistance, you will be able to achieve the return of your investment not just in economic profits but also through the global ecological impact created while obtaining residency in one of the best international locations in the world.
Panama Forestry has designed a program that satisfies investors aiming to maximize the overall value of the investment and at the same time obtain residency status in the Republic of Panama with the option to apply, in time, for Panamanian citizenship and get a Panamanian Passports.
Panama Forestry is a subsidiary company of Panama Teak & Forestry and has been in business for over 20 years with ownership of over 1,000 acres of teak, and over 5,000 acres of timber reserves under management. You will be invested with a long standing solid timber management company in Panama.
About Teak
Of all the tropical hardwood species — perhaps of all tree species — teak holds a particular fascination, much like gold among the precious metals. Valued for more than 2000 years as an extraordinarily durable building timber in its native range in Asia, teak is now coveted worldwide. Its excellent dimensional stability and aesthetic qualities have led to its use in shipbuilding, home construction, furniture manufacturing, and other applications requiring a strong, stable wood.
As the sustainable supply of teak from natural forests (now almost exclusively in Myanmar) diminishes and the demand continues to grow, the general trend in the future will be toward increased production of plantation-grown teak. Teak is suitable for small-scale planting because of its relatively fast growth rate and lucrative returns. It is relatively simple to cultivate in regions with appropriate ecological conditions for its growth, such as the drier areas of Panama.
Teak is one of the best-researched of the tropical forest species. It has been the subject of comprehensive research programs in India, Indonesia, Thailand, and Myanmar for more than 50 years. This research has identified elite genetic material for wide-scale planting and silvicultural practices that optimize the production of high-grade timber. Since the demand for teak is increasing and the supply from natural forests is dwindling, investment in a teak plantation can provide an excellent long-term return on investment.
An investment in a Panamanian teak plantation offers tax advantages as well as income from the sale of the mature timber. It is a green investment, providing new jobs in rural areas and long-lasting environmental benefits such as tropical wood binding of carbon dioxide.
Teak investments in Panama fall into two general categories:
- Permanent residency visa programs
- Standard, profit-oriented timber investment opportunities.
The reforestation visa investment program will make a profit over time, but the primary purpose is to obtain permanent residency in Panama which in itself has significant value.
Panamanian law grants reforestation residency visas based on investment of a minimum of 100,000 in timberland titled in the investor's name or in the name of a corporation in which the investor has at least a 51% share.
- Applicants who invest in a reforestation project of more then $100,000 can apply for permanent residency in Panama. 5 years after obtaining a permanent resident visa, investors can apply for Panamanian citizenship. This is one of the types of Panama permanent residency visa programs that allows investors the opportunity to become naturalized citizens of Panama.
Panama Forestry offers one of the most financially advantageous residency visa investment programs currently available, with minimal entry cost and maximum return on your timber investment. The $138,000 purchase price achieves for you 100% ownership of land with a managed teak plantation titled in your name, with no additional cash investment required for the life of your timber project as well as the complete legal package to obtain your permanent residency in Panama.
For more information on our current residency visa investment package opportunities, contact Jeff@Panamaforestry.com. Representative for China Zoe Zhu Email: ZoeZhu@PanamaForestry.com WeChat/WhatsApp: 008613503002464