Executive Decree 199 of May 7, 2021, dictates new provisions for residence permits under the category of Forest Investor, where an investment of USD 80,000.00 must be accredited, in reforestation or forest plantation activities, duly authorized by the Ministry of Environment.
For the extension of this permit, the investor must demonstrate that the investment is still valid, through certification from the reforestation company and the competent authorities.
If you wish to opt for Permanent Residence, the Investor must demonstrate an investment of USD 100,000.00, in reforestation or forest plantation activities, duly authorized by the Ministry of the Environment. If it is the case that the investment is at least of USD 350,000.00, in reforestation or forest plantation activities, duly authorized by the Ministry of the Environment, you can automatically obtain your permanent residence.