Why do so many foreigners choose to buy a second home or retirement home in Panama?
A. The main reason that foreign investors have targeted Panama is cost. Property in Panama is relatively affordable. Buyers can purchase highly-desirable property in Panama for less than one half what they might pay for comparable property in the rest of the world. Buying property in Panama is safe and easy – foreigners enjoy the same property rights as Panamanians. Additionally, there is real estate readily available in Panama to suit all budgets and tastes. From a luxurious high-rise apartment, to a tropical beachfront condo, or a breezy mountain retreat, there is a perfect piece of Panama property for every type of person.
A. The main reason that foreign investors have targeted Panama is cost. Property in Panama is relatively affordable. Buyers can purchase highly-desirable property in Panama for less than one third or one half what they might pay for comparable property in the U.S. Buying property in Panama is safe and easy – foreigners enjoy the same property rights as Panamanians. Additionally, there is real estate readily available in Panama to suit all budgets and tastes. From a luxurious high-rise apartment, to a tropical beachfront condo, or a breezy mountain retreat, there is a perfect piece of Panama property for every type of person.
