Lajas Adentro, Toledo, Chiriquí Province Chiriquí Provinc

4 Hectares of land for sale in Playa Las Lajas Toledo Panama Esales Property ID: es5554391 Property Location Lajas Adentro, Chiriqu Province, Panama Property Details LOW RISK HIGH VALUE INVESTMENT FOR IMMEDIATE RESIDENCY AND LONG TERM CITIZENSHIP Seize a unique, low-risk investment opportunity in the breathtaking Chiriqu Province of Panama. This 4-hectare reforested property offers not only financial potential but also a chance to secure permanent residency in Panama, a country known for its political stability, growing economy, and exceptional natural beauty. Key Highlights: 1. Immediate Permanent Residency: Panama enacted Law 24 to encourage private investment in efforts to restore the countrys rapidly diminishing tropical forests. To reverse this trend, Law 24 offers significant tax advantages and permanent residency visa eligibility to investors in government approved reforestation projects. Individuals who present proof that they have met the minimum amount invested in an approved reforestation project, including the purchase of the land itself, can apply for Permanent Residency in Panama. Additionally, Panamas Law 54 protects foreign investment in real estate, providing foreign investors with the same rights as Panamanian citizens. Your investment unlocks Panamas permanent residency program, making relocation or long-term travel seamless and stress-free. Investment Options: Temporary Residency: Investment of $80, 000 in a government-approved reforestation project. Grants temporary residency for 5 years, without the option to extend or obtain citizenship. Permanent Residency: Option 1: Invest $100, 000 in a government-approved reforestation project. Grants temporary residency for 2 years, followed by permanent residency. After 5 years of permanent residency, you can apply for citizenship. Option 2: Invest $350, 000 in a government-approved reforestation project. Grants immediate permanent residency. After 5 years of permanent residency, you can apply for citizenship. Additional Considerations: Investments must be held for a minimum of 5 years to maintain residency status. Additional investment may be required for dependents. The reforestation project must be approved and managed by a government-regulated forestry company. Tax advantage Total exemption from the payment of income tax on earnings derived from the commercialization of products extracted from forest plantations up to their final cut, which are established within a period of 13 years starting on the day Law No. 6 was enacted (February 2nd 2005), as long as the owners of these plantations are registered in the Forest Registry of the National Environmental Authority. Additional advantages As of July 2024, Panamanian citizens had visa-free or visa on arrival access to 149 countries and territories, ranking the Panamanian passport 29th in terms of travel freedom according to the Henley Passport Index. Wikipedia 1. Eco-Real Estate Potential: Transform this land into an ecological retreat, a sustainable residential development, or a private sanctuary, tapping into the growing demand for eco-tourism and green real estate. The propertys lush, reforested landscape and proximity to a popular beach offer a prime location for an eco-resort or sustainable residential development. 1. Low-Risk Investment: Reforested lands in Panama have a proven track record of stability and growth, offering peace of mind for investors looking for a secure asset. This property not only aligns with environmental stewardship but also offers the potential for long-term profitability, future value appreciation and a meaningful connection to one of the worlds most sought-after destinations. Make a smart investment that benefits your future while contributing to a greener planet. About the Area Lajas Adentro, a charming corregimiento nestled within the Chiriqu Province of Panama, offers a serene escape from the hustle and bustle of city life. Known for its lush landscapes, pristine beaches, and war