What documentation is normally required for foreigners (non-Panamanians) to obtain financing on property in Panama?
Please see the list of required documentation listed elsewhere in this chapter. And please note that if you are planning a trip to Panama and wish to apply for a mortgage while there, please contact a Panamanian attorney several weeks prior to your visit to ensure that you bring all the proper required documents.
Most banks in Panama that finance foreigners require the following documentation for the applicant(s) of the loan: (1) complete photocopy of passport (all pages of passport), (2) photocopy of one additional form of ID, such as a drivers license, (3) two original financial reference letters, (4) two original commercial, professional, or personal reference letters, (5) photocopy of utility bill showing physical address, (6) curriculum vitae (personal education/work resume), (7) last 2 years financial statements, (8) last 2 years personal income tax returns, (9) photocopy of property documentation (registered title deed & registered survey), (10) original recent certificate of title deed from the Public Registry, (11) appraisal on the property by an approved appraisal company.
Most banks in Panama that finance foreigners require the following documentation for the applicant(s) of the loan; (1) complete photocopy of passport (all pages of passport), (2) photocopy of one additional form of ID, such as a drivers license, (3) two original financial reference letters, (4) two original commercial, professional, or personal reference letters, (5) photocopy of utility bill showing physical address, (6) curriculum vitae (personal education/work resume), (7) last 2 years financial statements, (8) last 2 years personal income tax returns, (9) photocopy of property documentation (registered title deed & registered survey), (10) original recent certificate of title deed from the Public Registry, (11) appraisal on the property by an approved appraisal company.
Related Questions
- What documentations are normally required for foreigners (non-Panamanians) to obtain financing on property in Panama?
- What documentation is normally required for foreigners (non-Panamanians) to obtain financing on property in Panama?
- What documentation is normally required for foreigners obtain financing on property in Panama?