Plus: Ecuador’s Strict Residency Requirements For Foreigners
July 14, 2015
Panama City, Panama
Dear Overseas Property Alert Reader,
Agricultural investments have been a focus for me for the past half-dozen years. Unfortunately, as I’ve been reporting, it’s not easy to find agricultural projects geared toward the small investor.
However, early 2014, I began working with a group in Panama with an idea for a mango plantation investment intended specifically for the individual investor.
Their plan was to open up their plantation to small investors in an effort to grow more quickly and to achieve some economies of scale. I introduced readers to this opportunity to own their own piece of this mango farm while the development group took care of all of the work—planting, irrigation infrastructure, fertilization, and eventually caring for the trees and harvesting the crop.
Response was overwhelming. The mango plantation sold out in June.
Now, this same group has put together a small plantation of a different fruit tree at the behest of one of their biggest U.S. buying groups. This developer sold more than 500 hectares of the mango plantation but intends to Continue reading