United Nature Green investment
A "green" heart and a visionary mind are the only requirements to obtain a legal Panamanian residence status. United Nature, a solid Panamanian reforestation company, offers this possibility under Panama’s Law 24 of 1992, which yields attractive benefits to investors in the country’s reforestation industry.
Panamanian legislation, more specifically "Law 24 of 1992", specifies that with a minimum investment of US$40,000, foreigners investing in reforestation activities in Panama will receive, among other things, an immigrant visa status (which grants eligibility to apply for Panamanian citizenship in five years) in addition to attractive tax exemptions. This, however, requires a special license issued by ANAM (Panama’s National Environmental Authority) –a process that could take at least a couple of months.
United Nature, however, makes the process easier through the purchase of reforested lots in the province of Darién, in eastern Panama. For US$41,000, investors are entitled to a scientifically-grown and maintained 1.3-hectare teak plantation, a private corporation and all the benefits offered by Law 24. The program is a perfectly legal operation (with the establishment of the corporation, investors automatically receive a reforestation license) Additional requirements include a valid police record authenticated in the investors’ country of origin and commercial references. The investment yields approximately 10% return in approximately 10 years.
Managed by a team of engineers and forestry experts, United Nature runs over 3,000 hectares of reforested lands near the rural communities of Canglón and Quebrada Honda. What started as a private project in the mid-1990’s, is now an ambitious enterprise that, in addition to reforesting large extensions of grazing lands, administers and protects the remaining primary tropical forests of the area. For more information, call (507) 223-1953, send an e-mail to: serviceteam@unitednature.com or visit the page: www.unitednature.com
Marketing project
The main residential projects designed for the growing number of second-home buyers and foreign retirees in Panama have recently joined forces to launch Prima Panama, an international marketing project seeking to transform the country into the strongest magnet for foreign expats in Central America.
Headed by Sam Taliaferro, one of the pioneers of the current real-estate boom, Prima Panama is launching an aggressive, promotional campaign of Panama in the United States and Europe with a series of TV infomercials, the launching of a magazine in the United States and through internet marketing.
Since the construction of Valle Escondido, Mr. Taliaferro’s project in Boquete five years ago foreigners have been moving to Panama in increasing numbers, attracted by the country’s great tax incentives, highly-developed services and infrastructure, health benefits, security, climate and low cost of living. The trend has prompted the construction of gated communities in mountain, city and beach areas, such as Buena Ventura, Coronado Country Club Resort, El Alcázar, Isla Viveros, Altos del María , Los Molinos, Ocean Park, Tucan and Vista Mar.
