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Buying a Property in Panama

Buying a Property in Panama

Panama's investment potential

Property prices in Panama are rising quickly, and have been doing so for at least the past year, making it one of the best destinations for overseas property investment currently available.

The combination of new foreign direct investment in the country, a Dollarized economy and tax incentives for investors mean that there are plenty of opportunities to make money.

The economy and government are now stable, and have been for some time with the support of the US. The Panama Canal is also scheduled to be widened over the next few years to allow the latest breed of supertankers to pass through easily, which will bring increased prosperity to the country as a whole.

Health and education

The healthcare system in Panama is generally regarded to compare favourably with the most advanced countries in the world, and therefore stands above most of the countries in the immediate vicinity for the standard and availability of care. It is said that you are rarely more than 30 minutes from a hospital and private healthcare is very reasonably priced and world-class.

In a similar vein, the private education system in the major cities of Panama is of a very high standard. International schools are available to fit in with the cosmopolitan nature of the country.

Transport

As you might imagine with a country that is one of the most important trading hubs in the world, international transport links to major destinations are good. The widening of the Panama Canal over the coming years is set to bring yet more prosperity to the region and keep the shipping lane at the forefront of world trade.

And finally...

Panama is one of those rare overseas property destinations where property is expected to double in value in the next three to five years, and the cost of living is up to 75 per cent cheaper than in the UK. All this is combined with a lifestyle and landscape to rival the best of the Caribbean. Beaches and palm trees abound in the coastal areas and with crime rates low and a stable, respected government, there is good potential for both investment and emigration.

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More pages

Page 1: Why Panama?
Page 2: The property buying process in Panama
Page 3: Panama's investment potential

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