This permit allows foreigners to invest a minimum of US$80,000.00 in reforestation or forest plantation activities, with additional investments required if they need to include dependents.
Requirements:
- Notarized Power of Attorney granted to a Panamanian licensed lawyer and Application.
- Three (3) photographs.
- Notarized or authenticated Passport copy.
- Certificate of Criminal Record.
- Health Certificate.
- Certified checks payable to the National Treasury of Panama and the National Immigration Service.
- Personal Background Affidavit Form.
- Certificate of Public Registry of the company’s existence.
- Sworn statement from company’s secretary or treasurer for legal entities.
- Certification from an authorized certified public accountant (CPA) detailing investment.
- Authenticated copy of share certificate or business contract.
- Copy of Ministry of Environment’s resolution for forestry registration.
- Certificate of company’s existence from Public Registry of Panama.
- Certificate of ownership from Public Registry of Panama.
- Proof of direct investment in reforestation activities.
Extension of temporary permits for forestry investment
Interested parties must provide:
- Certification of ongoing investment from the reforestation company.
- Certification from competent authority validating reforestation company’s existence.
- Certification from competent authority validating reforestation company’s registry.
f you need to apply for this type of temporary residency program in Panama, please call us at +507 6290-3468 or email us at info@lawyerinpanama.com.