1. LOCATION
We are easy and inexpensive to get to. Panama is less than three hours from Miami via plane and offers direct and comfortable flight from Madrid.
2. PANAMA ECONOMY
Panama’s “dollarized” economy rests primarily on a well developed service sector which accounts for three quarters of gross domestic product. Services include operating the PANAMA CANAL, banking, the Colon Free Zone, insurance, container ports, flagship registry, tourism and real estate development.
3. BANKING SYSTEM
Panama is an International finance center with over 115 national and international institutions. Low mortgage programs and beneficial rates are ready available. Real estate developments have plentiful access to a stable and healthy Dollar funding for the building industry. Primary and second home mortgages opportunities are offered for nationals and foreigners.
4. SAFETY
Crime in Panama is extremely low.
5. INFRASTRUCTURE
Panama City has US or European like infrastructure with modern interstate highways, glass high-rises new suburban housing, gated communities, world class shopping malls and five star hotels and restaurants to enjoy.
6. LOW PRICE
You can expect prime beachfront property at prices 50-75% lower than comparable US and European locations. Panama’s housing and architecture and city infrastructure looks and resembles US built homes at a fraction of the cost.
7. HEALTH CARE
Panama’s hospitals are on par with US or European facilities, at a fraction of the cost.
8. CLIMATE
Panama has a year-round climate with temperatures in the 80s. Our climate is similar to the Caribbean, but we have NO HURRICANES.
9. GEOGRAPHY
You can choose real estate in cool mountainous areas and beautiful and fascinating nature in the rainforest. The variety of geography will lent to any taste. Like the beach? You can choose between the calm turquoise waters of the Caribbean coast of Panama and the dramatic waves of the Pacific Coast within one hour drive. Or buy and Island!
10. SOCIAL OPPORTUNITIES
Join thousands of other international residents from the US, Asia, Europe and Latin America in a country that has excellent social opportunities: English is widely spoken and understood.
11. CULTURE
Panama is a mixture of US and Latin America cultures. Enjoy a fun, laid-back lifestyle with all of the comforts and mindsets of the US and Europe.
12. FULL TITLE OF PROPERTY
Panama has no restrictions on foreign property ownership, foreign investors are treated the same as locals.
13. OTHER CONSIDERATIONS
Excellent shopping, great restaurants, good schools, internet and services, quality constructions, world class fishing, diving, snorkeling and sailing. Panama is the affordable exotic destination.
14. TELECOMMUNICATIONS
Worldwide interlocking fiber optic telecommunications nectorek with a capacity of 3,300 gigabytes per second.
15. CANAL
Interoceanic Canal transited by 13,000 ships per year of all nations and a multimode international transportation system linked with a network of highways and Transisthmian railroad.
16. INVESTMENT
Modern investment legislation and legislation and fiscal incentives for the development of tourism, technological centers, export, offshore transactions and industrial process zones.
17. NATURE
Panama has excellent biological resources with almost virgin tropical forests, a wealth of marine life, and beautiful beaches making it an ideal place for tourism, Real estate development and the cruise industry.
18. LAW 8
A law with very attractive incentives for Tourism based enterprise |
