Panama Appeal

Panama is attracting more foreign real estate investors for a variety of reasons. The government has recently extended its 20-year property tax exemption to encourage buyers. This coupled with several retirement and purchasing incentives is attracting buyers from all over the world.

Panama is a stable country and has seen an economic growth in the last few years. The tourist economy of the country has strengthened and the revenue has exceeded that of the exporting trade of the Colon Free Zone for the first time in years. The country has been attracting retired people with the Panamanian government offering discounts on not only property, but health care, entertainment, flights and hotels. The low cost of living and the reasonably priced real estate is keeping investors very interested in the country. The start of the extension work of the Panama Canal will further enhance the country’s economy, increasing a need for real estate in the area. Many investors are looking at taking advantage of the tax exemption law and cater for the increased demand for real estate.

Panama is a country that offers reasonably priced real estate in a variety of beautiful surroundings. The extensive coast line is attracting holiday makers and people wishing to buy a second home. Properties are almost certain to bring in returns, and the rise in tourism has further increased the demand for holiday villas and hotels in the area. Property is still relatively cheap, and gets cheaper the further inland you go.

Please complete the form below, for more information.