In just two decades Panama has transformed itself into the most multi-cultural, cosmopolitan city of Central America. Panama has today become a destination of choice for thousand from around the world who aspire to make it their home. Panama has experienced unprecedented development in recent years in areas of real estate, business and commerce and tourism.
The real estate in Panama has ushered in an era of immense growth and progress. Panama has a stable and competitive economy, the US dollar is the national currency and the territorial basis tax system is favourable for many ventures, especially in the areas of triangulation of commercial operations and management from abroad. Panama real estate has a range of 10 to 25 years property tax exemption for certain properties; and has a large number of national and international banks providing loans and mortgages to real estate buyers.
Whether you are looking to buy a retirement home in Panama or investing in the perfect vacation home or simply wishing to take advantage of the growing real estate market now is the time to do it. Panama Real Estate offers a wide variety of options, whether you are retiring in Panama, or considering investing in Panama.
A number of investment laws have put the country in a position of attraction, allowing for on-going flow of investment by both nationals and foreigners. Moreover the country has strict banking and corporate books secrecy laws allowing for the right vehicles to create advantageous family assets protection structures.