About Panama
Real Estate Development Market Growth

The local market is attracting retirees from the United States, Canada and Europe

Panama is undergoing strong real estate development growth and does not show signs of change in the upcoming years.

Any foreigner can own a property, the same as if he were a Panamanian citizen. Ownership can be under his own name or under the name of a corporation already established.

The financing system is very similar to that of the United States. Since Panama uses the dollar as its official currency, the rates are almost the same.

A great incentive to the real estate construction business  is the property tax exemption for  20 years on new properties. 

The global growth of the economy, the low interest rate and the rent capacities of the buyers are just some of the circumstantial factors that have positively influenced the growth tendency of the industry.