Requirements of Obtaining Panama Residency
The Requirements To Obtain Your Panama Permanent Residency Visa
To be eligible to obtain permanent residency through the Reforestation Visa program you must do 3 steps:
- Buy the government-approved reforested project
- Present the required documents (see list below)
- Go through the application process – Our attorney will guide you the whole way! (This will take multiple trips to Panama)
Note: You will have to obtain a tourist visa to come to Panama for the first time
Step 1 Requirement: Purchase Residency Visa Project.
We have developed a number of options to obtain a government-approved Agroforestry project in Panama that is fully qualified to be used for obtaining Panama Permanent Residency. You can choose to get the project that has the least cost but very little value, or choose projects that are more interesting and offer greater long term value. Please review our listing of fully qualified projects that are being offered at this time. We have simplified this step with a selection of 100% qualified project for you to just chose one and fund it. The one time cost of the package includes all legal work and government fees as well as the complete 25 year management package so this is the a complete package covering all costs of the visa processes as well as the purchase and management of the investment.
Step 2 Requirements: Documents Required. This is the step where you will have to do the most work to have all the documents needed.
- Power of attorney
- Photos - 3 passport size photos (2x2) with white background (we can do this with you on your first day in Panama or bring them with you)
- Passport - a copy of all the pages – authenticated (We can accompany you to do this on your first day in Panama)
- Passport must be valid for at least one year beyond the application date, and it must have been issued at least six months prior.
- ** Police record (You must obtain from your home country before coming to Panama on your first trip to start processing the visa)
- Immigration is very strict about police records. They will even refuse your visa if there is a minor criminal history such as drunk driving
- The police record must be issued from the country where you are currently living. You must have been living there for at least 2 years
- It expires 6 months after the date of issue
- It must be duly apostilled or authenticated by the Panamanian Consulate in the country of issuance
- It must be issued from an office that covers the entire country, not just a specific region or city
- Certificate of Good Health issued in Panama (we will accompany you to get on your first day in Panama)
- Certified check issued to "Tesoro Nacional" for USD (We will provide this for you)
- Certified check issued to "Servicio Nacional de Migracion" - repatriation fund on deposit (minors under 12yrs do not require repatriation fund) (We will obtain this for the main applicate)
- Affidavit form (We will send this to you to fill out)
- Certification of the investment, signed by a licensed Certified Public Accountant, stating that the investment was made (our certified accountant will provide this for you)
- Forestry Resolution issued in your name by Ministerio de Ambiente (We will obtain this after you make the investment. This may take 3 to 4 months to obtain)
- Proof of payment of forestry investment
- If you pay with an international transfer, the funds must be sent from the account of the main applicant for the visa. Your bank can issue a certification that the funds were sent. You do need clear proof of investment and it is best if the funds are sent from a bank account that is clearly in your name.
- ** Birth Certificate: Required for all your wife and all dependent children if you are applying for a family. You will have to provide this from your home country duly Authenticated by Apostille.
- ** Marriage Certificate: Required if you are applying for your wife as well. You will have to provide this from your home country duly Authenticated by Apostille.
IMPORTANT INFORMATION
All Documents have expiration dates, (usually 1 to 6 months) so you have to plan your first trip to start the Process, and make sure you do not get the documents too far in advance.
Documents issued outside Panama must be authenticated by apostille (Hague Convention) or notarized and Authenticated by the Panamanian Consulate nearest you. The Apostille is an internationally recognized government authentication of its issued documents by attaching certain seals to the document.
If the documents are not in Spanish, they must be translated in Panama by an official certified Panamanian translator.
Step 3 Requirements: Go through the Application processes.
By the time you get to step 3, you will have acquired everything you need to obtain the Panama reforestation Permanent residency and it is a matter of presenting the documents and putting everything together. You will be required to make a minimum of 5 trips to Panama over a 4-year time frame. Please refer to the procedure and timeline to see the details of this process.
One of our expert lawyers will be assigned to your case specifically and will guide you in obtaining all the required documents and making sure they will meet the requirements before you come to Panama, so that they can efficiently take you through the Application processes 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.comWeChat/WhatsApp: 008613503002464.