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Residency and Living Options in Our Communities: Panama Living Insights
In this video, we're diving into an important question about residing in our communities. Do you need to be a resident of Panama to live in one of our vibrant and sustainable communities? Let's explore your options.
In Panama and other countries, you can purchase property in our communities without being a resident. However, when it comes to living in Panama, tourist visas typically grant you 3 to 6 months in the country before you need to leave and return. This can be suitable for some, but it may require frequent international travel.
Many people opt for residency to enjoy a more convenient and permanent living arrangement. Residency not only allows you to stay in Panama without the need for frequent visa renewals but also opens doors to a variety of benefits, especially in uncertain times like the COVID-19 pandemic. We've heard stories of individuals who couldn't access their million-dollar beach homes during the pandemic simply because they lacked residency.
While residency is highly recommended for those planning to make our communities their primary residence, some embrace the digital nomad lifestyle and alternate between countries. With the soaring property prices in the US and Canada, living in our sustainable communities in Latin America can offer an appealing and cost-effective alternative.
Join us as we discuss these living options and make an informed choice for your future in our communities.
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Veritas Community Update: New Phase Release and Unique Home Site Options
Welcome to our latest Veritas Community update! In this video, we're excited to share some important developments about our community in Panama. Normally, we build in phases to create a sense of community and neighborliness. However, Veritas has garnered tremendous popularity, resulting in a substantial waiting list.
We're pleased to announce that in the fall of 2023, around October or November, we anticipate receiving the necessary environmental permitting, allowing us to commence home construction promptly. Homes typically take between six months to a year to build.
But what sets Veritas apart? In this community, we've reserved over 50% of the land for orchards, gardens, green spaces, stables, and areas for self-sufficiency and growth. Home site options range from spacious over one-acre plots to nearly two-acre lifestyle farms. Whether you prefer a self-sustaining lifestyle or being an integral part of our community, there's a home site tailored to your preferences.
Stay tuned for more Veritas updates and be among the fortunate few to secure a home site in this highly sought-after community.
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