Are financing sources readily available for foreigners to obtain mortgages for property purchases in Panama?
Many banks in Panama offer financing to foreigners (non-Panamanians) who wish to purchase property in Panama. Some of these include BAC International Bank, Banco Continental, Banco Cuzcatlan (Panabank), Banco General, Banco Nacional de Panama, Bank Boston, Banistmo, BBVA Bank, Credicorp Bank, HSBC Bank, Multi-credit Bank, Scotia Bank, and others. Please see the details we listed earlier in this chapter.
Many banks in Panama offer financing to foreigners (non-Panamanians) who wish to purchase property in Panama. For example, Lago Mar LLC has arranged with HBSC Bank to allow Hard Rock Hotel Panama condo purchasers to finance up to 80% of the cost. Other area banks offering mortgage financing include BAC International Bank, Banco Continental, Banco Cuzcatlan (Panabank), Banco General, Banco Nacional de Panama, Bank Boston, Banistmo, BBVA Bank, Credicorp Bank, Multi-credit Bank, Scotia Bank, and others. Please see the details we listed earlier in this chapter.
Related Questions
- What documentations are normally required for foreigners (non-Panamanians) to obtain financing on property in Panama?
- Are financing sources readily available for foreigners (non-Panamanians) to get mortgages on property in Panama?
- Are financing sources readily available for foreigners to obtain mortgages for property purchases in Panama?
