Altos del Maria
CountryAltos del Maria is a mountainous gated community located in the Sora district of Panama, offering a tranquil and scenic escape from the hustle and bustle of city life. This residential development is nestled in the highlands of Panama, surrounded by lush forests, rolling hills, and a diverse array of flora and fauna. The community is designed to provide a harmonious blend of nature and luxury living, with well-maintained roads, utilities, and a variety of amenities for its residents. Altos del Maria features a range of properties, from cozy cabins to luxurious villas, each offering breathtaking views of the surrounding landscape. The area is known for its hiking trails, natural swimming holes, and waterfalls, making it a paradise for outdoor enthusiasts. Residents can enjoy a peaceful lifestyle with access to social areas, a community center, and recreational facilities such as tennis courts and a mini-golf course. The community's emphasis on conservation and eco-friendly practices ensures that the natural beauty of the region is preserved for future generations. Despite its secluded location, Altos del Maria is conveniently situated just a short drive from the beaches of the Pacific Coast and the amenities of the nearby town of Coronado.
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Business Panama GroupThe Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
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Click connect to have our partner contact you via e-mail and/or phone.
Visa & Residency
Panama is known for its welcoming stance towards expatriates and retirees, offering a variety of options that cater to different needs. The process of obtaining a residency visa in Panama involves several steps and the complexity can vary depending on the type of visa applied for. Two of the most popular visas are the Friendly Nations Visa and the Pensionado Visa. The Friendly Nations Visa is designed for citizens from a list of countries that Panama considers to have friendly relations with. Applicants must demonstrate economic ties to the country, which can typically be done by opening a local bank account with a minimum balance and either buying property in Panama or establishing a business. This visa leads to permanent residency and is a popular route for expats looking to work or start a business in Panama. The Pensionado Visa, on the other hand, is aimed at retirees. To qualify, applicants must prove they receive a lifetime pension of at least $1,000 per month. This visa offers numerous benefits, including discounts on services and entertainment in the country. It is a straightforward option for those looking to retire in Panama. For digital nomads, Panama introduced the Short Stay Visa for Remote Workers, which allows them to live in Panama for up to 9 months, with the possibility of extending for another 9 months. Applicants must provide proof of employment or business ownership outside of Panama, and show that they earn a stable monthly income. The general process for obtaining a residency visa in Panama involves hiring a local attorney to help navigate the legal requirements, preparing and submitting the necessary documentation (such as passport copies, proof of income, and health certificates), and paying the associated fees. After the application is submitted, it may take several months to be processed. Once approved, applicants usually receive a temporary residency card, and eventually, a permanent residency card. The process is considered to be easier and more streamlined than in many other countries, making Panama an attractive destination for expats and retirees.
Cost of Living
The cost of living in Altos del Maria is considered high, as it is a private, exclusive community with well-maintained infrastructure and amenities catering to a comfortable and upscale lifestyle.
Weather
The weather in Altos del Maria is generally cooler and more temperate than the lowland areas of Panama, with a pleasant climate that offers a respite from the tropical heat.