Panama Reforestation Visa in Panama

Viewed geographically and geologically Panama forms a bridge between North and South America. Apart from the Panama Canal as one of the most important trade routes in the world for navigation, Panama hosts the second largest Free Trade Zone in the world. The US dollar, the local currency since 1904, guarantees the lowest levels of inflation in the entire hemisphere, inflation that barely exceeds 1.5 %.

With over 60,000 hectares of plantations Panama is among the biggest developers of wood plantations in Central America. On top of this, Panama has special fiscal incentive laws that make available interesting advantages for a plantation owner:

- Investor’s visa with the right to reside in Panama.
- Tax exemptions for processed wood.
- Exemptions on real estate tax
- Exemptions on real estate sales tax when selling a property
- Exemptions on capital gains tax when selling a property

Furthermore Panama also offers incentives in several other sectors, such as agriculture as well as for retirees. The importance of plantations as producers of this essential raw material has increased enormously. Today nearly 5% of all reforested areas are plantations and according to an updated FAO study approximately 60% of the wood production in Latin America and the Caribbean will come from plantations by the year 2020. Latin America and the Caribbean produce about 10% of the worldwide demand for wood.

Tecaland’s teak plantations are located in the provinces of Darien and Panama, to the east of the capital, where existing plantations of some 12 to 14 years of age show extraordinarily good growth conditions.

For more information contact to Panama Lawyers - (507) 6687-3183

Panama lawyers with different kind of Panama offshore legal services like offshore corporations, private interest foundations, bank accounts intro's for asset protection, escrow services, immigration services, brokerage, corporate accounts, maritime legal services and real estate advisors for all kind of transactions. Actually we have properties for sale in Coronado and Mariato in Veraguas; a mountain view in Chiriqui and Bocas del Toro.

Please if you need assistance please contact us: info@abogadosconsultorespanama.com
Or call us: Tel: (507) 6687-3183
Abogados Consultores de Panamá

Veranda Tower - Coco del Mar, San Francisco, Panama

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For more info please, contact us: info@panamalegalconsultants.com

Property between Chiriqui and Bocas del Toro

We have a property in the middle of Bocas del Toro and Chiriqui highlands, 800 hects, excelent view in the mountains. The price is Negotiable (Since 6.5 million). Please for more info contact us:
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Bayfront Tower - New real estate Project in Panama

Bayfront Fower: - One room apartments - 20 years free tax exoneration - MODEL A (2 and 3 with view to the beach) MODEL A (9 and 10 with view to the Panama city)
Maintenance only by $150

Contact us: info@panamalegalconsultants.com