Agricultural Investor Visas:
Panama
Agricultural Investor Immigrant Visa Program
NOTE:
Panama continues to make significant changes to the Immigration Visa
framework, laws and regulations. These changes are often made
without advance notice. Please contact us for up to date
information.
Who Qualifies?:
Agricultural Investors, their spouses and their dependents
(children under 18).
Requirements:
The individual must invest in a certifiable agricultural business
(such as a producing farm). The business can be an existing,
ongoing operation, or a new start-up.
Benefits:
Panama has rich soils, a warm year-round climate, is a
good place to do business,
and is an excellent location for certain agricultural activities.
There are no export duties or restrictions on the export of
agricultural products. Panama grants certain tax breaks to
agro-export activities. Panama's domestic economy is on the upswing after a three-year recession.
Once
the provisional one-year agriculture visa has been granted, the renewals (at
two years and five years) are relatively painless.
After five years' residence, the agricultural investor, spouse and dependents are eligible
for permanent residency,
if desired.
Drawbacks:
There
is a good deal of paperwork and documentation required. Getting the
necessary paperwork and documentation authenticated (via
apostil or Panamanian consul) for the provisional visa application is
onerous. All documents must be in order before submission to
the Panamanian government. Most documents from abroad require
an apostil, or a certification from the Panamanian consulate. The Panamanian government is sometimes slow in processing the
applications and granting the provisional visas.
An Overview of the Process:
We will provide you with a checklist of all required documentation*
for processing the visas, as well a specific power of attorney
authorizing us to process your visas. We will also provide you
with a standard letter of responsibility, wherein you take financial
responsibility for your spouse and dependents (if applicable).
You must procure all required, authenticated documentation, and send
it to us, along with the signed power of attorney. We'll take
care of the rest.
The provisional visa process will require at least one face-to-face
visit with the Panamanian immigration authorities by the
agricultural investor, spouse and dependents (if any), as well as an examination by a
licensed Panamanian doctor. Additional meetings with the
immigration department may be required. We will accompany you,
of course, to all meetings.
Our Services:
We
provide investor immigrant visa services to a wide variety of
clients, primarily for those who also use us to set up
corporations and
foundations. Our fee for processing, submitting and overseeing the
entire provisional (good for one year) agricultural investor visa process (including
review of all documents, preparation, submission, follow up and
follow through, etc.) is US$1,450.00 for the
agricultural investor, US$400.00 for
the spouse, and US$200.00 for each dependent. Our prices
do not
include the Immigration Service application fee of
US$100.00 per applicant.
Our
fees include all legal fees, Panamanian physician exam fees and
the blood test fees per applicant, Panamanian police record for investor and spouse,
farm certification letter from local Panamanian authorities, farm
certification letter from Minister of Agriculture,
certified translations into Spanish of submitted documentation,
carnet fees, and government stamp tax. Our price is complete (no hidden
charges) and includes:
- Provision of complete checklist of documents required, along
with detailed instructions and orientation to agricultural investors.
- Provision of specific Power of Attorney for signature by
investor
(and spouse and dependents, if applicable).
- Provision of Letter of Responsibility for signature by
investor.
- Reception and review of all required documents submitted to us
by investor.
- Presentation of investor visa immigration application and
documentation to Panamanian immigration authorities.
- All legal fees.
- Provision of licensed Panamanian doctor and laboratory for
physical exam and HIV test.
- Inclusion of good health certification and HIV test with visa
application.
- Farm Certification Letter by local Panamanian authority.
- Panamanian police record.
- Farm Certification Letter by Minister of Agriculture.
- Panamanian Notary Certifications.
- All required certified translations.
- All government stamps and seals (timbres fiscales) and
carnet issuance fees.
- Accompany investor and spouse and dependents (if any) to
meetings with immigration authorities.
- The reception of the temporary (good for three
months) and provisional investor visas (good for one
year).
* Click
here for
the detailed checklist and online form to be filled
out for processing your agricultural investor immigration visa.
[ Up ] [ Agricultural Investor Visa Form ]
Panama Business Services
