Reforestation Investment Program

Panama recently revised a dormant Reforestation Visa by offering 2 options:

1. Small Business investment of at least $40,000; and

2. Large Business investment of at least $80,000.

Both of these options provide the investor with Permanent residency leading to full Panama Citizenship.

- All visa applications must be processed by a Panamanian lawyer.

- All overseas documents must be authenticated by a Panamanian Consulate nearest you or by Apostille.

- All applicants must provide a Police Clearance report on a police department's letterhead, signed by a police official.

- All documents must be issued no more than 4 months prior to submitting the visa application.

- Passports must have at least 6 months remaining before expiration.

- Dependants can be included with both options.

SMALL REFORESTATION INVESTOR VISA

Procedure for Small Reforestation Investor:

- Minimum investment of $40,000.

- Applicant and dependants must present themselves in person to the Immigration office for the initial application and subsequent renewals.

- Initial Application: Expect to be in Panama for 5 business days. After registering and submitting all documents, immigration will issue a 3-month provisional visa. Upon expiration, you will return and apply for a 1-year immigration visa card.

- 1 year Immigration Visa card: On your 2nd trip, expect to stay in Panama for 3 business days. Immigration will issue you a 1-year Resident Immigration card.

- This card will be renewed every year for the next 3 years.

- On the 5th year, you will receive a Permanent Residency card and a Cedula. You can then apply for Citizenship and a Passport.

For more detailed information Click Here


Immigration Processing Fees for Small Reforestation Visa:

Phase 1:
Legal Fee - 1 year Provisional Resident Visa: US$2,000
Government Fees and Costs: US$1,000

Phase 2:
Legal Fee - 1st renewal Provisional Resident Visa: US$1,000
Government Fees and Costs: US$300

Legal Fee - 2nd renewal Provisional Resident Visa: US$1,000
Government Fees and Costs: US$300

Legal Fee - 3rd renewal Provisional Resident Visa: US$1,000
Government Fees and Costs: US$300

Phase 3:
Legal Fee - Permanent Resident Visa: US$2,000
Government Fees and Costs: US$500

Naturalization (optional):
Legal Fee - Naturalization (Citizen / Passport): US$4,000
Government Fees and Costs: US$1,500

For Dependents (spouse or children under 18 yrs):

Phase 1:
Legal Fee - 1 year Provisional Resident Visa: US$1,500
Government Fees and Costs: US$1,000

Phase 2:
Legal Fee - Permanent Resident Visa: US$1,500
Government Fees and Costs: US$500

Naturalization:
Legal Fee - Naturalization (Citizen / Passport): US$3,000
Government Fees and Costs: US$500

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LARGE REFORESTATION INVESTOR VISA

Procedure for a Large Business Investor:

- Minimum investment of $80,000

- Applicant and dependants must present themselves in person to the Immigration office for the initial application and subsequent renewals.

- Initial Application: Expect to be in Panama for 5 business days. After registering and submitting all documents, immigration will issue a 3-month provisional visa. Upon expiration, you will have up to 4 months to return and apply for a 1-year immigration visa card.

- One Year Immigration Visa card: On your 2nd trip, you will need to stay in Panama for at least 3 business days. Immigration will issue you a one-year Resident Immigration card.

- When the One Year Immigration Visa card expires, you will receive a Permanent Residency card and a Cedula. 5 years from your initial application, you can then apply for Citizenship and a Passport.

For more detailed information Click Here

Immigration Processing Fees for Large Reforestation Visa:

For Primary Applicant:

Stage 1:
Legal Fee - 1 year Temporary Immigrant Visa: US$2000
Government Fees and Costs: US$800

Stage 2:
Legal Fee - Permanent Residency Visa: US$2000
Government Fees and Costs: US$300

Stage 3:
Legal Fee - Naturalization (Citizen / Passport): US$4000
Government Fees and Costs: US$1500

For Dependents (spouse or children under 18 yrs):

Stage 1:
Legal Fee - 1 year Temporary Immigrant Visa: US$1500
Government Fees and Costs: US$800

Stage 2:
Legal Fee - Permanent Residency Visa: US$1500
Government Fees and Costs: US$300

Stage 3:
Legal Fee - Naturalization (Citizen / Passport): US$3000
Government Fees and Costs: US$1500

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Multiple Entry & Exit Visa (Optional): The Multiple Entry & Exit Visa should be applied for after or at the same time that any type of visa is applied for. The Multiple Entry & Exit Visa allows you to enter and exit the country as many times as necessary. For more information about the Multiple Entry & Exit Visa, please CLICK HERE.

If you are interested in relocating to Panama, or obtaining legal residency in Panama, please contact us for a personal consultation.

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