After 7 or 8 years, the trees are thinned again to leave about 600 trees/hectare. Panama … Panama Teak Forestry is a certified green investment. By investing in a teak plantation in Panama, you can apply for permanent second residency in this nation. If you understand the importance of having a second residency, please ask how you can pair up your teak land with residency programs in both Panama and Nicaragua. Panama Teak & 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. All the forestry studies required to transfer the reforested project into your name that will meet all the residency requirements. 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. The Pensionado visa is a common visa type throughout Latin America for retirees … An additional $2,000 will be needed for each dependent. 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. (e in b)&&0=b[e].o&&a.height>=b[e].m)&&(b[e]={rw:a.width,rh:a.height,ow:a.naturalWidth,oh:a.naturalHeight})}return b}var C="";u("pagespeed.CriticalImages.getBeaconData",function(){return C});u("pagespeed.CriticalImages.Run",function(b,c,a,d,e,f){var r=new y(b,c,a,e,f);x=r;d&&w(function(){window.setTimeout(function(){A(r)},0)})});})();pagespeed.CriticalImages.Run('/mod_pagespeed_beacon','https://www.panamaforestry.com/','akbyBBfaKB',true,false,'pWi6Tx0WxHk'); This Asset Protection Bundle in Panama for one includes permanent residency, Panama corporation & Panama bank account • Your own parcel of mature, 14-year-old teak (land + trees included). The company retains 10% of the wood harvested instead of charging a maintenance fee. See our currently available fully residency qualified projects. Option #2: Panama’s Retirement (Pensionado) Visa Panama was one of the first countries in the world to establish a program specifically aimed at attracting retirees. Assistance during the immigration process to obtain a Panamanian Residency. The plot will then be registered as a managed forestry project directly in your name with the Ministry of Natural Resources (MIAMBIENTE). The ecological impact of your investment is invaluable. Applicants who invest in a reforestation project of at least 5 hectares can apply for permanent residency in Panama. A minimum investment of $80,000 will put you on the path to Panamanian Residency. Forestry is a long-term investment, and Panama Forestry is a stable proven long term company. Tax Exemption: Through Law 24 of November 23rd, 1992, Panama creates incentives for reforestation activities in the Republic of Panama. Clean investments have become a new trend around the world due to global deforestation and pollution problems. The costs and legal fees to apply for citizenship and passports are not a part of the permanent Residency package. //]]>. By choosing Panama Forestry, you are electing sustainable development because Panama Forestry working with Panama Teak & Forestry provides lumber from sustainable sources. It is relatively simple to cultivate in regions with appropriate ecological conditions for its growth, such as the drier areas of Panama. Panama also has very well thought out tax laws that are very good for anyone with international businesses and income. Assistance during the immigration process to obtain a Panamanian Residency. Search. ":"&")+"url="+encodeURIComponent(b)),f.setRequestHeader("Content-Type","application/x-www-form-urlencoded"),f.send(a))}}}function B(){var b={},c;c=document.getElementsByTagName("IMG");if(!c.length)return{};var a=c[0];if(! Overview. The most cost-effective, hassle-free invest-for-residency program we know of available anywhere in the world today is in Panama and takes advantage of this country’s “Specific Countries” residency visa program. You will also have the option of selling your plot with mature trees and taking the profits. Other expenses related to the residency process such as notary fees, certification from the public record, health certificate, translations costs). Panama teak reforestation is profitable. They do not reflect the appreciation in land value and the almost certain increase in the sale price of teak over time. There are over 43,000 teak trees planted on roughly 100 acres (40 hectares). To become a legal permanent resident in Panama, you need to get a residency visa. (e in b)&&0=b[e].o&&a.height>=b[e].m)&&(b[e]={rw:a.width,rh:a.height,ow:a.naturalWidth,oh:a.naturalHeight})}return b}var C="";u("pagespeed.CriticalImages.getBeaconData",function(){return C});u("pagespeed.CriticalImages.Run",function(b,c,a,d,e,f){var r=new y(b,c,a,e,f);x=r;d&&w(function(){window.setTimeout(function(){A(r)},0)})});})();pagespeed.CriticalImages.Run('/mod_pagespeed_beacon','https://www.panamaforestry.com/en/teak-and-reforestation-investment','akbyBBfaKB',true,false,'3lCUTiljgqo'); This high-density planting produces tall, straight trees and the maximum yield per hectare. There will be no charges until this contract is fulfilled. A forestry plot can be included in one's assets for estate planning purposes. The Panama Friendly Nations Visa is a special immigration program where citizens of selected countries who have professional or economic ties with Panama are eligible to apply for permanent residency, and have the right to obtain Panamanian ID (Cédula) and request a work permit indefinitely as long as they meet the requirements. After 10% of the return is deducted to cover management costs, the owner of a 5-hectare plot can expect a return of about $260,000 from the sale of the unprocessed logs. This is one of the types of Panama permanent residency visa programs that allows investors the opportunity to become naturalized citizens of Panama. Location: Panama provides a perfect geographical, climatic, and geomorphological condition for the production of high-quality Teak. ":"&")+"url="+encodeURIComponent(b)),f.setRequestHeader("Content-Type","application/x-www-form-urlencoded"),f.send(a))}}}function B(){var b={},c;c=document.getElementsByTagName("IMG");if(!c.length)return{};var a=c[0];if(! This Residency Visa is permanent and requires an investment of $80,000 minimum as well as the purchase of at least five (5) hectares within a Panama government certified reforestation project, forest plantation, or other authorized project. After 25 years, the company retains 10% of the wood harvested, leaving you with 90% of the return from the sale of your timber. PROCEDURE AND TIMELINE FOR OBTAINING A REFORESTATION RESIDENCY VISA IN PANAMA, Law 54 Panama Foreign Investment Protection, Panama is one of the top countries in the world to obtain this for many reasons, current Panama residency visa investment opportunities. The Panama teak investment plantation is located in the Darian area of Panama. This leaving you with 90% of the return from the sale of your timber. 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. Panama Teak & 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. You must be … Through our program, your reforestation project will provide you high security, value, and permanent residency in Panama as well as automatically qualifying your dependents for permanent residency, giving you access to a country with some best residency features in the world, a very well structured territorial tax system, any income sourced from this project is tax-free! It is an excellent place to structure your long term estate planning. 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. An $80,000 USD investment can produce a 2% annual return totaling $370,586 in 20 years. 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. 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. Panama’s Reforestation Residency Programme has been very well received internationally, especially from South African nationals looking to get a Plan B in place. Panama is also a country that does not tax offshore income in Panama for citizens or residents of Panama. Panama Forestry Residency packages start at a cost of $138,000, depending on the value of the package you chose and the age of the trees. Panama is now rated as the number one Retirement country in the world. Clear title on your name of 5 hectares (12.4 acres) within an already established plantation that qualifies for the Panama residency visa processes. However, If you already have a property in Panama, then you can use this to prove your economic relationship with Panama. The $138,000 purchase price achieves for you 100% ownership 5-hectare 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. Our current complete visa package offers 5 hectares of planted teak, titled in the investor's name plus all legal costs to process the residency 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. ("naturalWidth"in a&&"naturalHeight"in a))return{};for(var d=0;a=c[d];++d){var e=a.getAttribute("data-pagespeed-url-hash");e&&(! Mature teak is currently selling for approximately $500 per cubic meter. However, a colleague has put together an offer that allows you to purchase a plot in a Panama teak plantation for US$15,200 (plus an additional US$2,800 for the residency visa costs). The cost of apostille the documents that you have to provide from China or Hong Kong. Valued for more than 2000 years as an extraordinarily durable building timber in its native range in Asia, teak is now coveted worldwide. It is a green investment, providing new jobs in rural areas and long-lasting environmental benefits such as tropical wood binding of carbon dioxide. 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. 6. There will be a fee, as well as a waiting period and a lot of things you need to provide as part of the visa application. Become a Resident › Panama Residency, Citizenship and Passports Panama is now rated as the #1 Retirement country in the world. ");b!=Array.prototype&&b!=Object.prototype&&(b[c]=a.value)},h="undefined"!=typeof window&&window===this?this:"undefined"!=typeof global&&null!=global?global:this,k=["String","prototype","repeat"],l=0;lb||1342177279>>=1)c+=c;return a};q!=p&&null!=q&&g(h,n,{configurable:!0,writable:!0,value:q});var t=this;function u(b,c){var a=b.split(". After the final harvest, you can retain ownership of the land. In fact, after considering the eight different options for obtaining legal residency in this country, reforestation is … Government fees (cost of process cards, immigration fee, national treasurer fee, multiple entry-exit visa fee, cost of provisional, and permanent residence cards). 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. rogram requires a minimum investment and plot size and we have projects that meet all of the requirements starting at USD 138,000.00. 5. and can get your Panama residency. Maybe gold does grow on trees. Jeff@Panamaforestry.com 1. 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. You will qualify to apply for citizenship in Panama after holding the permanent residency status for 5 years. These clean investments protect the environment, provide clean energy, and breathable air by reducing the pollution level while lowering energy costs. Authorized through an Executive Order by current Panamanian President Ricardo Martinelli, this residency option is available to citizens of 48 specifically named countries. Its holistic agro-forestry method of land management helps counter the greenhouse effect, enhances Panamaás reforestation program, and provides new jobs in rural communities. When you compare the features of the Panama Forestry teak residency package to those of other reforestation residency visa offerings, you'll find that our program offers the soundest, most profitable, and secure residency program available. Besides, Executive Decree No. It’s possible that Panama has more ways than any other country to obtain residency. Processing time: this can take 3 to 6 months after you fund the residency package. The Pensionado Visa is an even cheaper option, as there is no need to incorporate a company. Show Less. This policy also ensures that your management team has a financial stake is and generating maximum returns from your teak property over the full 25-year growth cycle. Pensionado Visa. At 12 years, the plantation is thinned to leave 350 to 400 trees/hectare and, at 18 years, thinned again to leave 220-240 trees/hectare. 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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. Although it will take up to 20 years for a teak tree to mature, a thinning of the trees every 6, 12, and 16 years produces lumber to sell. The cost of the thinning is 100% covered by the management agreement. 3. Teak is suitable for small-scale planting because of its relatively fast growth rate and lucrative returns. Although 20-year rotations from planting to final harvest are sometimes advertised to attract timber investors, the actual minimum rotation time frame to produce high-quality teak is 25 years. 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. Latin America is now a large “producer” of teak wood, mostly driven by private businesses, with Brazil and Panama taking the top two spots. 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. All the forestry studies required to transfer the reforested project into your name that will meet all the residency requirements. This forestry program is particularly appealing for those who wanted to live in Panamá but do not qualify for another visa. Teak is one of the best-researched of the tropical forest species. Panama. Teak market prices have been rising at a 2% annual average. Panama Forestry is a 100% owned part of Panama Teak Forestry which started 20 years ago and is still managed by the same funding members who started it. 25-year management package from the date of planting. If you are interested in Panama residency and hail from one of the 50 “friendly” nations (plus Italy), we strongly encourage you to take action sooner rather than later. The Panama Forestry Residency Visa Investment Package Panama Forestry Residency packages start at a cost of $138,000, depending on the value of the package you chose and the age of the trees. Specifically, for this price, you’re purchasing 1,000 square meters (about one-quarter acre) of planted teak that will be ready for harvest in about 10 years. In addition, if you fulfill the requirements you may become a Panamanian Citizenship in time. no tax on the project for the first 25-years, Investment in the project is 100% deductible from Panamanian income tax, Includes all costs of the residency processes for the primary stakeholder, Full 25 year management agreement with no additional future costs. Reforested property transfer costs and taxes are included. The plot will then be registered as a managed forestry project directly in your name with the Ministry of Natural Resources (MIAMBIENTE). An alternative course for international investors is participation in the teak reforestation program. There are a number of visa types. Your plot will be planted in teak and professionally managed for 25 years, for optimum growth and timber quality, through final harvest. Because our company has an ongoing financial stake in the proceeds from the property, you can be assured that your timber will be carefully managed for maximum yield at harvest time. This last—timber farming—is on my mind lately, as, as you may know, an investment in timber is one of the ways you can organize full-time residency in Panama. After 25 years, the company retains 10% of the wood harvested, leaving you with 90% of the return from the sale of your timber. 1. 2.5 acres) is planted with 1,100 teak trees. For half the capital needed, they can place their savings in an enterprise, take up residency in Panama, and become citizens within five years. Low-cost Panama teak residency investment for Westerners In one version, those who qualify for a Friendly Nations visa can invest as little as $18,000 in a quarter-acre teak plantation expected to yield returns in approximately 10-12 years. Standard, profit-oriented timber investment opportunities. (US residency costs over $500,000 and is much less desirable on many levels at this time in history). 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. 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. The owner of a 5-hectare teak plot purchased from Panama Forestry can expect a total profit of about $2,000 from the 18-year thinning. Panama government also has shown concern to keep the country green and joining the global efforts with win-win programs. Jeff@Panamaforestry.com 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. Processing time: this can take 3 to 6 months after you fund the residency package. Practically anyone can obtain Panamanian residency if they really want to. Residency in Panama. The final harvest is done in year 25. Panama has two attractive programs that allow forestry investors to apply for legal residency in Panama. 2. 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. Meticulously cared for by the leading industry experts, the trees only have 6 more years until the final harvest. Read more on why residency in Panama may be the best 2nd residency option in the world. This program offers three investment options. To get any of them, you'll need an attorney - that's a requirement per Panama law. Only 5 years until harvest, and then you will receive the proceeds of the harvest far in excess of the cost of the permanent residency visa. Of the 8 or 9 visa programs Panama is running at any given time, the best Panama residency program is the Friendly Nations Visa. Best Panama Residency by Investment Program If you want to plant a major flag offshore, think about residency in Panama. ("naturalWidth"in a&&"naturalHeight"in a))return{};for(var d=0;a=c[d];++d){var e=a.getAttribute("data-pagespeed-url-hash");e&&(! You are allowed to sell your Panama teak wood farm after getting your Panama residency & citizenship. Your family, namely spouse and children, can qualify for permanent residence as well, upon additional investment of USD $2,000 per each dependent. © Copyright 2020, Panama green investment and forestry residency.