Home » Real Estate

Real Estate in Panama

Jun 26, 2008
Real estate in Panama is a booming industry. It is an industry propelled by the right combination of tropical weather and diverse landscapes, favorable business environment, a politically stable and democratic government, safe environs, and a cosmopolitan people. This boom is not just happening in Panama City, real estate in Panama is becoming more attractive from Bocas del Toro and Colon Beaches. Indeed, Panama combines the soothing beauty of Mother Nature and the exciting lifestyle of Modern Man.

Bordered on its sides by the Pacific Ocean and the Caribbean Sea, Panama experiences alternating periods of rainy seasons and dry seasons throughout the year. The variety of climactic conditions in Panama has enabled the country to offer a variety of outdoor activities from land to sea from sun bathing to jet skiing, from hiking to diving, from bird watching to hang gliding. The landscapes are diverse ranging from lush forests to bustling metropolises, from wide plains to high mountains, and from flat land to rolling sea, offering a wide variety of sceneries to choose from. Also, the country is almost natural disaster-free, which makes real estate in Panama doubly attractive to investors. Real estate in Panama is cheaper than those offered in the region including Costa Rica, the Dominican Republic, Bahamas, Mexico City, Buenos Aires, Sao Paolo, Mexico City, and Rio de Janeiro but at the same quality. Due to the dollarized economy and the low cost of living, a U.S. dollar buys more than it would in the United States, especially with U.S. recession. With the Investment Stability Law providing for 100% foreign ownership, tax exemptions and the absence of heavy business restrictions paving the way for lower costs of property development, multinational companies are expected to relocate to Panama thus increasing the demand for residential and office spaces to accommodate these new entrants. Lower property development costs would, in turn, result to lower real estate prices in the market.

Panama has a low crime rate, making it as one of the safest countries in the region particularly from terrorism. It has a politically stable and democratic government committed to promoting Panama as an international business center, second only to Hong Kong and as an international finance center second only to Switzerland. Thus, real estate in Panama is not only protected from natural disasters, it is also protected from volatile national security concerns, market movements, and asset confiscation. As purchasing real estate in Panama involves getting a residency visa, people buy property in Panama because of the ease with which one can get a Panamanian visa. There is the Retired Tourist visa, the Self-Economic Solvency visa, and the Small Business Investor Visa, among the numerous visas issued by Panama. With all the advantages such as tropical climate, favorable business environment, lower cost of living affording a better quality of life, tax freedom, stable society and government, and warm and friendly people, it comes as no surprise that Panama is a booming country with a rapidly growing real estate industry.
About the Author
About the Author: Laurie Cooper, of Cpanama Real Estate Corp., is an expert on Panama real estate. For more information, please visit http://www.cpanama.com.
Rating:
Please Rate:
(Average: Not rated)
Views: 127
Print Email Report Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Accounting
    • Credit
    • Currency Trading
    • Debt Consolidation
    • Insurance
    • Investing
    • Leasing
    • Loans
    • Mortgage
    • Mutual Funds
    • Personal Finance
    • Stock Market
    • Structured Settlements
    • Taxes
    • Wealth Building
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources