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Most Popular

Property Investment: Panama

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If you’ve followed any of the major survey agencies around the world that rate places for retirement, Panama has been on top of the list for several years.

Panama has a lot going for it. And even if you don’t plan on retiring or living in Panama, Panama has also rated the very highest in real estate investment opportunities for those of you who would like to add to their property portfolio.

One can invest in property or buy a place for investment in any region of Panama, but Panama City is the most popular destination. Panama City is one of the top three metropolitan cities of world that one can afford to live and enjoy a good life in. Panama City has world-class restaurants, five-star hotels, world class casinos, international banks, hundreds of multinational businesses, a Manhattan-type skyline, every imaginable luxury … all at about half the price you’d pay in Miami. And it’s only a short distance to beaches, mountains, and countryside of Panama itself. It has the entire infrastructure one might want at hand and just a short distance from the romantics idea of paradise.

On the esthetic side, few places in the world offer spring-like weather year-round, a low cost of living, safety, security, peace of mind, beautiful landscapes. It has mountainsides covered with flowers and planted with coffee and beautiful waterfalls not to mention the best “pensionado” program (retirement program for foreigners) in the world.

Here are a few reasons the international guru’s think Panama is THE place:

• Direct foreign investment in Panama for the 5 years ended 2001 was approximately $3.5 billion.
• Currency is the US dollar
• Low inflation
• Excellent tax benefits
• Secrecy laws strictly enforced
• Equal treatment of foreign and local citizens
• Favorable incorporation laws
• Large bi-lingual labor force
• Diverse economic base including banking, shipping, insurance, tourism and free zone
• Ranked first in the region for low cost of living by the Tripartite Committee
• Stable political system
• The Organization of American States (OAS), the Interamerican Development Bank (IDB) and the Economic Commission for Latin America and the Caribbean (ECLAC)

Panama Property Home Page

Click here to visit our Panama property home page.

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