Buying Real Estate in Panama
Buying Real Estate in Panama | Choose Panama
There are many people who are constantly on the lookout for the right destination for buying real estate. Some do so for the intention of moving to another country post retirement, others do it for investment purposes or for parking excess funds. For more than a decade now, Panama has emerged as one of the most popular destinations for buying real estate. Apart from being a place adorned with natural beauty and lush with beaches, there are several reasons for Panama shining as a real estate destination. Let’s explore how it is like buying real estate in Panama.
The real estate boom in Panama: Since 2005, there has been a consistent real estate boom in Panama. Panama was one of the few economies which remained unaffected by the economic crisis worldwide. It has seen construction taking place at a fast pace, with a large number of condominium buildings, subway systems, malls, hotels and resorts etc. Real estate investments by people from foreign counties have been on a surge every year since 2005 in Panama.
Lucrative investment opportunities: There is a plethora of options in Panama when it comes to real estate investment opportunities. You can find condos, penthouses, standalone houses, commercial spaces in Panama City, Coronado as well as Casa Bonita. The availability is abundant due to the high level of construction across the country. Since the construction boom is relatively new, the properties in Panama are usually of the latest standards. You can see a string beautifully built homes just walking on the streets in Panama.
Safety of investment: In terms of real estate purchase, foreigners have the same rights as Panamanians according to the constitution of Panama. Panama real estate includes title deeds which are recorded in a Public Registry just like in the U.S. and Canada. Panama created Law 54 in 1998 to protect foreign investments. Foreigners have the right to participate in trade, industry, exporting, and importing. The profits earned by foreigners through their investments can be allocated according to their desire. This includes capital, dividends, earned interest, and profits.
Moving to Panama: For people wanting to relocate to a relaxed country and buy property there, Panama is a great option again. Panama immigration laws are some of the most liberal in Latin America with over 15 immigration visas and permanent residency programs inviting foreigners to relocate to Panama.
Ease of buying: Unlike some countries, it is easy to find, catalogue and buy properties in Panama. We at Choose Panama, provide easy access to Panama with a wide range of services to make it a smooth experience for you. We offer lavish and easily accessible properties for buying, renting, and investing.
Concierge Service: Nevertheless, Choose Panama also offers full-service concierge services. If you want to explore and see what Panama is before making a decision to invest or move to Panama, we are here to help. We take care of your entire visit to Panama. Moreover, we provide complete help regarding renting, investing or moving to Panama.
If you are interested in buying real estate in Panama, we are your people. Give us a call on (214) 431-5235. Choose Panama!
The real estate boom in Panama: Since 2005, there has been a consistent real estate boom in Panama. Panama was one of the few economies which remained unaffected by the economic crisis worldwide. It has seen construction taking place at a fast pace, with a large number of condominium buildings, subway systems, malls, hotels and resorts etc. Real estate investments by people from foreign counties have been on a surge every year since 2005 in Panama.
Lucrative investment opportunities: There is a plethora of options in Panama when it comes to real estate investment opportunities. You can find condos, penthouses, standalone houses, commercial spaces in Panama City, Coronado as well as Casa Bonita. The availability is abundant due to the high level of construction across the country. Since the construction boom is relatively new, the properties in Panama are usually of the latest standards. You can see a string beautifully built homes just walking on the streets in Panama.
Safety of investment: In terms of real estate purchase, foreigners have the same rights as Panamanians according to the constitution of Panama. Panama real estate includes title deeds which are recorded in a Public Registry just like in the U.S. and Canada. Panama created Law 54 in 1998 to protect foreign investments. Foreigners have the right to participate in trade, industry, exporting, and importing. The profits earned by foreigners through their investments can be allocated according to their desire. This includes capital, dividends, earned interest, and profits.
Moving to Panama: For people wanting to relocate to a relaxed country and buy property there, Panama is a great option again. Panama immigration laws are some of the most liberal in Latin America with over 15 immigration visas and permanent residency programs inviting foreigners to relocate to Panama.
Ease of buying: Unlike some countries, it is easy to find, catalogue and buy properties in Panama. We at Choose Panama, provide easy access to Panama with a wide range of services to make it a smooth experience for you. We offer lavish and easily accessible properties for buying, renting, and investing.
Concierge Service: Nevertheless, Choose Panama also offers full-service concierge services. If you want to explore and see what Panama is before making a decision to invest or move to Panama, we are here to help. We take care of your entire visit to Panama. Moreover, we provide complete help regarding renting, investing or moving to Panama.
If you are interested in buying real estate in Panama, we are your people. Give us a call on (214) 431-5235. Choose Panama!