1. IMMIGRANT VISA AND RESIDENCE PERMIT FOR A MICRO ENTERPRISE FOREST INVESTOR.

Foreigners that invest a minimum of US$40,000.00 directly in approved reforestation ventures are eligible for this type of visa.

The applicant must provide evidence to the Department of Immigration and Naturalization of the source of the funds invested.

Once the visa has been approved, the foreigner will receive a residence permit valid for one year. As the permit approaches its expiration date, the petitioner must request a one year extension of the residence permit. This is to be done annually, for 3 consecutive years. After a total of 4 years with the residence permit, on the 5th year the foreigner may apply for permanent residency and obtain a Panamanian I.D.

Each Visa application will be valid for only one foreigner and his/her dependents. Applicants with dependants must verify that the dependants fulfill the requirements to be considered as such and include an additional US$4,000.00 per dependant.

For the benefit of our clients, Delvalle & Delvalle works along, with one of the most serious and respectable reforestation companies in Panama, so that your investment will be safe and secure.

Advantages of this Visa

- Direct tittle real estate land ownership, duly inscribe in the Public Register of Panama.

- For the investment of US$40,000.00 you will be the owner of , tangible real estate asset of 2 hectars.

- A secure investment of top quality ( For more information, contact us).

- Tax free profits ( For more information, contact us).

Requirements

1. Power of attorney and petition by means of a lawyer.

2. Certified or cashier's check in the amount of US$100.00 in favour of the "Tesoro Nacional" (National Treasury).

3. Certified or cashier's check in the amount of US$500.00 in favour of the "Ministerio de Gobierno y Justicia" (Ministry of Government and Justice) as a repatriation's deposit.

4. Medical Certificate of Good Health.

5. Penal and police record issued within the last two years from the previous country of residence of the petitioner.

6. Passport issued by country origin with a minimum of six months validity.

7. Two carnet size photos.

8. Public Registry Certification.

9. Certification of the Secretary or Treasurer of the company, whereby the title of the shares issued in favour of the foreign applicant is credited and stating that the shares are released and properly paid (the shares must be of a minimum value of US$40,000.00).

10. Certification of a Certified Public Accountant (CPA), where the total direct invested amount in the reforestation activity by the petitioner is detailed, certifying that the capital belongs to the investor. The C.P.A. must attach copy of his or her identification card and C.P.A. carnet.

11. Copy of the share certificate or certificates issued to the reforestation investor.

12. Authenticated copy by the Ministry of Economy and Finance of the Income tax form along with its payment receipts. If a yearly fiscal period has not concluded since the starting of operations of the company, instead of the income tax form, a copy of the Taxpayer Registry along with the original receipt must be supplied to be compared.

13. Authenticated photocopy of the Panamanian Environmental Protection Agency resolution where the legal entity or the foreigner was approved to be registered in the Forest Registry.

14. Proof of the investment made in a direct form in reforestation activities, by a minimum of US$40,000.00 which can be demonstrated with documents such as: certificate of the Public Registry issued in the name of the interested party, in which the inscription of the property that will be destined to the reforestation is registered, authenticated photocopy of the checks that were made as investment in reforestation, with paid seal of the Bank and the corresponding invoice, customs liquidations of machinery to be used in the reforestation project or another document that certainly proves the investment made in reforestation

15. Complete the form of Sworn Declaration of Personal Background

2. IMMIGRANT VISA AND RESIDENCE PERMIT FOR A MACRO ENTERPRISE FOREST INVESTOR.

Foreigners that invest a minimum of US$80,000.00 directly in approved reforestation ventures are eligible for this type of visa.

The applicant must provide evidence to the Department of Immigration and Naturalization of the source of the funds invested.

Once the visa has been approved, the foreigner will receive a residence permit valid for one year and when the same is expiring, the foreigner may apply for permanent residency and obtain a Panamanian I.D.

Each Visa application will be valid for only one foreigner and his/her dependents. Applicants with dependants must verify that the dependants fulfill the requirements to be considered as such.

For the benefit of our clients, Delvalle & Delvalle works along, with one of the most serious and respectable reforestation companies in Panama, so that your investment will be safe and secure.

Advantages of this Visa

- Direct tittle real estate land ownership, duly inscribe in the Public Register of Panama.

- For the investment of US$80,000.00 you will be the owner of , tangible real estate asset of 4 hectars.

- A secure investment of top quality ( For more information, contact us).

- Tax free profits ( For more information, contact us).

Requirements

1. Power of attorney and petition by means of a lawyer.

2. Certified or cashier's check in the amount of US$100.00 in favour of the "Tesoro Nacional" (National Treasury).

3. Certified or cashier's check in the amount of US$500.00 in favour of the "Ministerio de Gobierno y Justicia" (Ministry of Government and Justice) as a repatriation's deposit.

4. Medical Certificate of Good Health.

5. Penal and police record issued within the last two years from the previous country of residence of the petitioner.

6. Passport issued by country origin with a minimum of six months validity.

7.Two carnet size photos.

8. Public Registry Certification.

9. Certification of the Secretary or Treasurer of the company, whereby the title of the shares issued in favour of the foreign applicant is credited and stating that the shares are released and properly paid (the shares must be of a minimum value of US$80,000.00).

10. Certification of a Certified Public Accountant (CPA), where the total direct invested amount in the reforestation activity by the petitioner is detailed, certifying that the capital belongs to the investor. The C.P.A. must attach copy of his or her identification card and C.P.A. carnet.

11. Copy of the share certificate or certificates issued to the reforestation investor.

12. Authenticated copy by the Ministry of Economy and Finance of the Income tax form along with its payment receipts. If a yearly fiscal period has not concluded since the starting of operations of the company, instead of the income tax form, a copy of the Taxpayer Registry along with the original receipt must be supplied to be compared.

13. Authenticated photocopy of the Panamanian Environmental Protection Agency resolution where the legal entity or the foreigner was approved to be registered in the Forest Registry.

14. Proof of the investment made in a direct form in reforestation activities, by a minimum of US$80,000.00 which can be demonstrated with documents such as: certificate of the Public Registry issued in the name of the interested party, in which the inscription of the property that will be destined to the reforestation is registered, authenticated photocopy of the checks that were made as investment in reforestation, with paid seal of the Bank and the corresponding invoice, customs liquidations of machinery to be used in the reforestation project or another document that certainly proves the investment made in reforestation.

15. Complete the form of Sworn Declaration of Personal Background.