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Path to Panama important information: Panama investors visa laws have changed, Law 24 to encourage private investors in reforestation. Panama Forestry has changed with it. Any foreigner who participates in a reforestation project with a minimum investment of 80,000 USD is entitled to obtain residency in The Republic of Panama. Path to Panama is offering visa packages, 2.5 hectares of planted teak with a 25 year management contract structured in a way that minimizes your expenses for the Visa and for holding the investment. When comparing visa investment programs you will see that Path to Panama cares for the clients and the environment. Teak is an amazing commodity and a very good and stable financial investment. For more information on current investment opportunities and residency visa package opportunities email: Scott@PathtoPanama.com.
"WHY choose Path to Panama to help with permanent or seasonal residency in Panama?” Panama is currently rated as the #1 Retirement Haven in the world. Cost of living is extremely low, it boasts an exceptionally low crime rate, and the climate is temperate year round. Health care within Panama City is outstanding with a new John Hopkins hospital, Punta Pacifica, which also houses world-renowned, accredited doctors and specialists on site. Panama City is also known for its amazing variety of international restaurant cuisine, organized infrastructure, and all the amenities of home. Newcomers have several options for residency. The Turista Pensionado visa is designed for persons whose pension from a government entity or private corporation is $500 or more per month; $600 or more for a couple per month. This visa is granted indefinitely, but it is necessary to prove to the Immigration Department on an annual basis that the income is still coming from your pension. Path to Panama can walk our clients through this process, explaining benefits such as the one-time exemption of duties for your household goods up to $10,000 and an exemption every two years for importing a car. Our company can also provide you with information about the many other benefits and discounts available to those holding this Visa. Our clients must understand this visa cannot qualify you for nationality or a passport – it is strictly a residency program. Another optional benefit Path to Panama has to offer, which leads to permanent Residency and a Panama Passport, is the $80,000 reforestation program investment. This is a special program where one investment of $80,000 in a certified Panama reforestation program allows the investor to obtain Permanent Residency for themselves, their spouse and children. Path to Panama finds this the least expensive residency program and a smart way to obtain Panamanian residency and eventually citizenship with a Panamanian passport. The reforestation program is a legal program under Panamanian law which provides an opportune investment in forestry projects generally dealing with teak wood or plantations. It is anticipated that your investment in the reforestation project will produce a fantastic return after approximately 25 years. The processing of all documents and related fees takes approximately 30 to 45 days. Path to Panama will walk our clients easily through obtaining the required documents which include a valid passport for at least 6 months, a police clearance report from the last place of residence, a marriage certificate, birth certificate(s) for children dependents, medical clearance from Panama (we can refer), application forms, pictures, proof of investment contract, etc. You have to come to Panama to apply in person, but you do not need to live here after obtaining residency.
Path to Panama operates under the laws and regulations of the Republic of Panama. Citizens or residents of other countries are advised to obtain their own legal or tax advice subject to their respective jurisdictions.
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