Panama Permanent Reforestation Residency Visa and Citizenship Programs

With Panamanian residency, you get access to one of the world's most attractive tax systems and still have the freedom to live anywhere in the world. It is the opportunity to gain access to a county with a simple and favorable tax system, and at the same to have a Plan B residency for you and your family in a country with a high quality of living and a friendly multicultural population.

The Panama Reforestation Residency Provides:

• Permanent residency for you and your family
• 100% ownership of a Government approved green reforestation lot managed in harmony with nature
• A friendly, straightforward immigration process
• Opportunity to obtain citizenship after 5 years of permanent residency
• Access to one of the world's most favorable tax systems
• Access to a stable country with a strong economy, high standard of living and untapped investment opportunities

Chinese nationals now have a unique opportunity, as they qualify for permanent residency in Panama, through the attractive reforestation program that offers a high value backed by a strong asset, (land growing quality timber on it). This program qualifies you and your family for permanent residency in Panama, in a relatively short time frame, and straightforward process. It even allows you the opportunity to obtain citizenship.

The Panama Reforestation Residency is a very attractive and unique option for some people who previously had limited possibilities for a second residency in thriving countries. It is becoming increasingly popular, especially among Chinese nationals, but is still a largely untapped opportunity. making it very valuable at this moment, and still easily accessible at this time. Increasing demand over time could lead to the processes becoming more expensive and difficult. Due to its requirement of a land investment of a specific kind, projects are limited and take time to develop. We currently have a limited number of projects that are approved and ready.

Please review our project section to see current availabilities and to take advantage of this great opportunity to get a second, easily maintained residency in Panama and 100% ownership of land with managed timber growing on it, in a country with one of the world's most favorable tax systems and high standards of living. It is the perfect way to secure your future!

Panama enacted Law 24 to encourage private investment in efforts to restore the country's rapidly diminishing tropical forests. To reverse this trend, Law 24 offers significant tax advantages and residency visa eligibility to investors in government-approved reforestation projects. Individuals who present proof that they have invested at least $100,000 in an approved reforestation project of  including the purchase of the land itself, can apply for a Panamanian Reforestation Visa.

This visa is particularly advantageous for those who want residency in Panama but who do not qualify for a retiree visa or friendly nations visa, and want to avoid the lengthy and expensive process of obtaining a standard investor's visa. The latter can be very challenging for citizens of some nations, and is much more expensive (USD 300k Plus). The Reforestation Residency Visa offers you high value, secure ownership of a land asset, and a straightforward process.

Panama Forestry's green program meets all the qualifications of the visa. The total cost of your project includes all legal costs and government fees, visa for yourself, as well as the fully managed forestry plot, 100% titled in your name, starts at only $138,000.

After five years of holding permanent residency status, an individual may apply to become a naturalized citizen of Panama and receive a Panamanian passport. It is not necessary to live in Panama while your visa application is being processed, although periodic visits to Panama City immigration office are required.

Panama places no age limits on the Reforestation Visa, other than requiring that the applicant be at least 18 years old. Dependents can also be covered in the program, including the applicant's spouse and any children under 18. Children between the ages of 18 and 25 who are unmarried students with no children of their own may also qualify as dependents of the applicant. For these dependents there are no extra requirements of additional investment. The only thing needed is to present the same personal documents and pay the incremental additional legal costs per dependent.

Our expert bilingual Panamanian immigration attorney will safely guide you through it all.

To maintain your permanent residency in Panama the only requirement is that you must visit Panama for a minimum of 1 day within 18 months after obtaining permanent residency.

Panama's environmental protection agency (Ministerio de Ambiente) oversees reforestation projects. Below is a summary of the key benefits of the reforestation program to investors.

• All wood that is harvested within the project is exonerated from Panamanian taxes for 25 years, including income and export taxes. All capital gains from the project are tax-exempt, and all direct and indirect investments in the project are 100% deductible from the investor's Panamanian income tax. In addition, no real estate taxes are levied against the land while in the reforestation project.
• Any equipment and materials purchased for use in the reforestation project can be brought into Panama tax-free. This includes vehicles and heavy equipment, which would normally be subject to import taxes.
• Individuals who present proof that they have invested in an approved reforestation project, including the purchase of the land itself, can apply for a Panamanian Reforestation residency visa.
• After 5 years after holding a permanent residency status, an individual may apply to become a naturalized citizen of Panama and receive a Panamanian passport. It is not necessary to live in Panama while your visa application is being processed, although periodic visits to the Panama City immigration office are required.
• Panama places no age limits on the Reforestation Visa. Dependents can be covered under the program, including the applicant's spouse and any children under 18. Children between the ages of 18 and 25 who are unmarried students with no children of their own may also qualify as dependents of the applicant. The main applicant must be at least 18 years old.

Contact us and we will help you explore the opportunities that await you in Panama.  Representative for China Zoe Zhu Email: ZoeZhu@PanamaForestry.com  WeChat/WhatsApp: 008613503002464