Panama Reforestation, Teak Plantation - The main Interest in investing in forest plantations is that as they grow, this growth gain value and gain value implicit in improving the quality of the wood over the years. An alternative to Panama can be reforestation of 100 hectares within five years at a rate of 20,000 ha / year with the initial investment of $ 100 million (per dollar invested are recovered five). Funds may be the Social Security Trust Fund. This investment and generate significant revenue (for retirement) would generate thousands of jobs in depressed rural areas and recover degraded lands. This new forest mass would help agriculture, ecotourism, energy and health
With Law 24 of 1992 and other regulations, called “Financial and Forestry Incentives”, the Panamanian government granted incentives for foreigners to acquire residency by purchasing land designated for reforestation or already reforested lots with tree plantations of various types.
The plan known as “Agenda for Reducing Carbon Emissions due to Deforestation and Forest Degradation" established by the United Nations will give support to countries including REED in their new programs. Panama is one of the countries along with Paraguay, where there will be a pilot plan to validate and encourage the mechanisms to set the platform for economic growth to continue, but protecting the environment. REDD is an initiative to stop cutting of trees in order to stop polluting emissions from reaching the atmosphere.
As a measure to mitigate the effects from the Canal’s expansion project, the Panama Canal Authority (ACP), has pledged to reforest hectares, doubling the number of those which will be used for the project. In addition, the planting of seedlings will not be limited to the Canal surrounding areas, but also will be extended to other areas of country. The team environmental management of the ACP, which has been recognized by international ISO standards, conducts tours to project sites in order to verify compliance GUPCSA giving to environmental requirements. Weekly inspections are conducted jointly between the ACP and GUPCSA, this practice is given as to monitor the most important environmental aspects.
Want to own a tropical timberland sustainable forest? Interested in having direct title real estate? Let us know, and we will gladly point you you to the right direction!
To apply for Panama Reforestation Large Investment Visa this visa, the following documents will be required: A minimum $80,000 investment including a minimum purchase of five (5) hectares in a Panama government certified reforestation project, forest plantation, or other authorized project. This is the only Panama Reforestation Visa leading to Permanent Residency and eventual Panama Citizenship. After a term of two (2) years has elapsed, the applicant will be able to opt for permanent residence. The specific requirements are: “Foreigners that invest with personal title or through legal entity in activities of reforestation or authorized forest plantation, or any other activity authorized by the National Authority of the Environment (ANAM), of at least five (5) hectares and whose minimum investment be Eighty Thousand dollars ($80,000) will be able to request this visa.” In case of bringing dependents, the investment should be increased by Two Thousand dollars ($2,000) for each dependent, which can be justified with a local banking reference.
Permaculture falls into the Reforestation incentives...