What is Panama doing to attract foreign investors?
A Lot! The President, Ricardo Martinelli, is absolutely committed to making Panama a great place to visit, live and invest. Our dealings with his administration demonstrate a pragmatic “can do” attitude with respect to helping foreign investors with their needs. Panama has also established many great retirement incentives including laws that waive property taxes for up to 20 years and allow foreigners to own property with equal rights as Panamanians. It is no secret that Panama was ranked the number one country in the world to retire for 5 years running.
