Panama  Property
Property in Panama

 

Why Panama?

Below are 10 reasons why Panama is one of the fasting growing investment and retirement destinations in the world!!!

Two Coasts: You have the opportunity to live on either coast and can actually swim in one ocean one and day and another the same day. Both coasts are beautiful and whatever you want there is always some piece of paradise waiting for you.

Great Weather: There is a variety of climates within Panama and there will always being something for everyone. Like cooler climates then try the Boquete area, if you like crystal clear Ocean try the Pear islands of the Caribbean Islands, whatever you want Panama has it all.

Safety: Low crime rates throughout the country and high literacy rates makes Panama an educated country. The Police are trained well and can be seen throughout the country, you will always feel safe.

Affordable: There are no taxes for residents on foreign earned income!! There is no property tax for retirees until a home is sold, and a 20-year exoneration from taxes on new homes. Panama also hosts one of the busiest canals in the world and therefore goods are cheap and numerous.

Beautiful: The countryside offers great views and the mountains are very picturesque, whereas the city is metropolitan and has great culture and architecture.

Feels not too far from home: There are a number of foreigners in Panama and you will never be too far from your English speaking neighbor. There are over 15,000 Americans and over 10,000 Europeans. Many Panamanians speak English and the infrastructure with regards to roads and hospitals, etc is just like home!!!!

The US Dollar: Because the currency is the US Dollar (sometimes called the Balboa) there is no inflation or currency exchanges to worry about.

Banking: Panama is one of the busiest banking centers in the world and such banks as CitiBank, HSBC, BAC and many many others are in Panama City. These banks welcome foreigners looking to bank with them and loan from them.

Diversity: Due to the Canal labourers and all the ships visiting Panama it truly is a melting pot. Latino, Japanese, Chinese, American, Canadian, European, Jewish and Arabic last names are common in the Panama telephone book.

High Tech: Compared to the rest of CEntral America Panama due to its business importance is highly advanced when it comes to Internet, Phones and TV and everything else you can think of. There is no waiting weeks for installs, there is no manana attitudes.

Hope this has given you even more of a reason to want to come to Panama!!

Where to buy in Panama?
Panama City Panama
Panama Beach Property
Panama Weather

 

A division of Panama Holiday - Phone in Panama Tel: 507-264-1279 Fax: 507-264-7714. Offices in Panama City, Santa Clara Beach and Boquete, Chiriqui.