Panama’s Reforestation Investor Visa

Panama

Investor
Reforestation
$80000

The Panama Reforestation Investment Visa is a permanent Panama Resident Visa for foreigners that invest in their personal names or through a legal entity in activities of reforestation or authorized forest plantation, or any other activity authorized by the National Environmental Authority (ANAM), of at least five (5) hectares and whose minimum investment be 80000 PAB

Panama’s Reforestation Investor Visa

The Panama Reforestation Investment Visa is a permanent Panama Resident Visa for foreigners that invest in their personal names or through a legal entity in activities of reforestation or authorized forest plantation, or any other activity authorized by the National Environmental Authority (ANAM), of at least five (5) hectares and whose minimum investment be 80000 PAB

Country

For who?

Investors

Time Granted Details

Two years, after this period, you may apply for a permanent residence permit

Requirements

All documents must be within 2 months of visa application, translated in spanish by recognized translator and passports must have at least 1 year to run
- Original and photocopy of passport
- Original Police Clearance Certificate
- Original or Certified copy of Marriage Certificate (if applicable)
- Original or Certified copy of Birth Certificate (if applicable)
- Medical Certificate
- Certificate of shareholders by the Registrar of Companies (if applicable)
- Investment certification by the Certified Public Accountant (CPA)
- Company s statement of income
- Certified copy of Business License or Incorporation documents
- Documents certifying Business Investment
- Authenticated certificate of shares in favor of the Panama Reforestation Investor (the applicant);
- Copies of the official tax return of the business, where the capital invested appears. If a fiscal period has not yet lapsed since the creation of the business, then the copy of the certification of inscription of the Corporate Tax ID (RUC) should be presented;
- Copies of the resolution by the National Environmental Authority (ANAM) of the Forestry Registration Certification;
- Proof that the investment is directly in activities of reforestation, with a minimum of Eighty Thousand dollars ($80,000) which can be proven with documents including:
a. Banking Certification of the funds transfer or of the payment (obligatory);
b. Audited Financial Statement;
c. Commercial bills of buying and selling;
d. Documents of merchandise importing;
- Eight passport-size photos
- Affidavit of support for Dependents
- Affidavit regarding criminal records

Minimum fund

$80000

Fund Source

This information is not available

Visa application fees

1400 PAB

Duration

Up to 6 months

Documents required

This information is not available

Procedures

All visa applications must be made through a Panamanian lawyer

How to apply?

The website of the national service of migration in Panama : https://www.migracion.gob.pa/permisos-y-requisitos-para-visas/permisos-migratorios

Additional info

To get assistance from a Panamian lawyer, applicants can visit the website of POLS Attorneys : http://www.panama-offshore-services.com

Family

Dependents (Spouse and children under 18 or up to 25 if they are in school) can be included in the residency, however, the investment must be increased by Two Thousand US Dollars (US$2000) per additional dependent. The Spouse must provide a legal marriage certificate. Children must provide birth certificates.