| Real estate in Panama is a booming industry. It is an | | | | Stability Law providing for 100% foreign ownership, |
| industry propelled by the right combination of tropical | | | | tax exemptions and the absence of heavy business |
| weather and diverse landscapes, favorable business | | | | restrictions paving the way for lower costs of |
| environment, a politically stable and democratic | | | | property development, multinational companies are |
| government, safe environs, and a cosmopolitan | | | | expected to relocate to Panama thus increasing the |
| people. This boom is not just happening in Panama | | | | demand for residential and office spaces to |
| City, real estate in Panama is becoming more | | | | accommodate these new entrants. Lower property |
| attractive from Bocas del Toro and Colon Beaches. | | | | development costs would, in turn, result to lower real |
| Indeed, Panama combines the soothing beauty of | | | | estate prices in the market. |
| Mother Nature and the exciting lifestyle of Modern | | | | Panama has a low crime rate, making it as one of the |
| Man. | | | | safest countries in the region particularly from |
| Bordered on its sides by the Pacific Ocean and the | | | | terrorism. It has a politically stable and democratic |
| Caribbean Sea, Panama experiences alternating | | | | government committed to promoting Panama as an |
| periods of rainy seasons and dry seasons throughout | | | | international business center, second only to Hong |
| the year. The variety of climactic conditions in | | | | Kong and as an international finance center second |
| Panama has enabled the country to offer a variety | | | | only to Switzerland. Thus, real estate in Panama is |
| of outdoor activities from land to sea from sun | | | | not only protected from natural disasters, it is also |
| bathing to jet skiing, from hiking to diving, from bird | | | | protected from volatile national security concerns, |
| watching to hang gliding. The landscapes are diverse | | | | market movements, and asset confiscation. As |
| ranging from lush forests to bustling metropolises, | | | | purchasing real estate in Panama involves getting a |
| from wide plains to high mountains, and from flat land | | | | residency visa, people buy property in Panama |
| to rolling sea, offering a wide variety of sceneries to | | | | because of the ease with which one can get a |
| choose from. Also, the country is almost natural | | | | Panamanian visa. There is the Retired Tourist visa, |
| disaster-free, which makes real estate in Panama | | | | the Self-Economic Solvency visa, and the Small |
| doubly attractive to investors. Real estate in Panama | | | | Business Investor Visa, among the numerous visas |
| is cheaper than those offered in the region including | | | | issued by Panama. With all the advantages such as |
| Costa Rica, the Dominican Republic, Bahamas, Mexico | | | | tropical climate, favorable business environment, |
| City, Buenos Aires, Sao Paolo, Mexico City, and Rio | | | | lower cost of living affording a better quality of life, |
| de Janeiro but at the same quality. Due to the | | | | tax freedom, stable society and government, and |
| dollarized economy and the low cost of living, a U.S. | | | | warm and friendly people, it comes as no surprise |
| dollar buys more than it would in the United States, | | | | that Panama is a booming country with a rapidly |
| especially with U.S. recession. With the Investment | | | | growing real estate industry. |