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Panama Residency Program
Obtain Residency in Panama.
Panama is one of the most attractive locations for residence in America. Panama offers foreigners the possibility of acquiring residence status, either as a financially independent person/retiree or as an investor.
As an investor, permanent residence status may be obtained through a very efficient, straight-forward programme on the basis of a US$ 40,000 investment in one of the government-approved reforestation projects. This immigrant investor status qualifies for Panamanian citizenship and a citizen's passport after five years of residence
As a financially independent person/retiree one can obtain non-immigrant residence status on the basis of a time deposit with the Banco Nacional de Panama (National Bank of Panama), for a minimum period of five years, which must generate a monthly interest of not less than US$ 750.
Under the Retiree Residence Programme, a Panamanian non-citizens passport can be obtained right away by the person obtaining such residence status. Although this residence status does never lead to citizenship and the passport issued on this basis is clearly a non-citizens passport, it may nevertheless be a very attractive option for someone who wishes to reside in Panama and/or simply wishes to obtain an alternative travel document immediately.
Furthermore, there exists a residence permit category (the Pensionado Residence Programme) for foreigners who receive a life pension of at least US$ 500 per month.
All residents of Panama enjoy a privileged tax status as in principle only local-source income is taxed. As long as the resident abides by the rules of the respective residence permit, the resident permit holder need not spend any particular time actually residing in Panama.
Panamanian Citizenship
Panamanian citizenship may be applied for by all foreigners who have been conferred immigrant status, after a period of five years following the date of approval of the Immigrant Visa (“Provisional Resident Permit”). For immigrants married to Panamanians or with Panamanian children, this period is reduced to three years.
Immigrants from countries which grant to Panamanians the right to naturalization within a period of time shorter than those mentioned above, may in reciprocity, benefit of the same period of time.Pristine Beaches with White Sand and Clear Blue Oceans, Cool Highlands with Beautiful Pine Forests and a Huge Variety of Flowers, a Bristling Metropolis with Gourmet Restaurants and Top Quality Housing; Panama has it all. From the Highlands of Boquete to The Canal, from the Causeway to the Beaches, Panama is the place to be. Golfing, White Water Rafting, Deep Sea Fishing, Hiking, Bird Watching, Sailing or Scuba Diving; choose your favorite Panama Pass-time. The Panamanian Government has always been very ecologically minded. That’s why, to encourage reforestation, they have voted Law 24 of 1992 that grants incentives for foreigners to acquire residency by purchasing already reforested lots of lands with a minimum investment value of 40,000US$. With Reforestation Investments.
Our partner company, sells titled lots that have been reforested 3 years ago with 4 species of tropical hardwood. Every lot complies fully with the requirements of Law 24.
Our Complete Residency Service Entails:
• Your Residency handled by a top lawyer firm.
• 2 hectares (almost 5 acres) of land, close to the beautiful beach of Las Lajas, reforested 2 years ago with 4 species of tropical hardwood. Every lot complies fully with the requirements of Law 24 and is registered with ANAM.
• Every lot is legally titled and marked by concrete cornerstones. GPS data is on file for every parcel.
• Maintenance service for the full growth period of 25 years including Pruning and Fertilization as required for Optimum Growth and Patrolling the plantation.
• We provide Harvesting and Marketing service.
• All lots are FSC certified (Forest Stewardship Council)
Investment Benefits of Our Residency Service
• A scientifically calculated approximate net return of 700,000$ over the period of 25 years or 9% per annum.
• All returns are exempted from any local tax
Price for the Full Residency Service: $49,900 USD
SPECIAL OFFER: ACT NOW AND YOU WILL GET 6 YEAR OLD PLOTS FOR THE SAME PRICE
***********DISCLAIMER***********
We simply can't do 'em all ourselves!
SO NOTE THAT ALL CITIZENSHIP PROGRAMS ARE BY REFERRAL ONLY - ON RECEIPT OF PROOF OF FUNDS AND FINDER'S FEE, WE WILL FORWARD TO THE RESPECTIVE PROVIDING AGENCY MANAGING THE PROGRAM.
This referral only format is even the case where one of our web pages may not yet have been updated properly, thus still stating otherwise.
Procurement agreements are with respective providing agencies only.
While OffshoreSimple Inc has taken all pains to research all programs and agencies, and while we believe every program featured on our site to be valid and bona fide and wouldn't recommend it otherwise, OffshoreSimple Inc can in no way be held liable for performance of procuring agencies. As it stands, we have always known all recommended procuring agencies to be 100% reliable and of absolute integrity in the past.
However, it is to be understood that we are merely brokering the contact, not the contract! Hence, any agreements undertaken with agencies will be at client's own responsibility. By sending us your preliminary application you unequivocally agree to these our terms.
Note that we are bound by contract not to divulge countries' names before receipt of positive proof of funds. We will blandly refuse to reply to all inquiries not complying with these terms. If interested, please drop us a line so we can discuss the modalities. Please be as specific as you can - we won't waste our time anymore on vague, non-committal inquiries of the "send more, more, more info's" ilk!
