Designed for those who wish to make long-term investments on a forestry plantation, and take advantage of tax break benefits.
There must be a minimum investment of $80,000 in at least 5 hectares in a duly accredited reforestation company. Though not obligatory, it is smart to keep this investment until final harvest (approximately 15-20 years).
Permit granted provisionally for two years and after renewal they are granted permanently, with an identity card which needs renewal every ten years. Five years after obtaining the permanent residency status, holders will be eligible to apply for Panamanian citizenship.