Several real-life millionaires are profiled in the book, "The Millionaire Real Estate Investor," by Gary Keller. Collectively they reveal several ways to become a millionaire by investing in real estate although each of them ... more
A new law (No. 58 of December 28, 2006) has been recently signed offering incentives for investors wishing to build, furnish or remodel lodging facilities outside the Panama’s Special Tourism Zones. The new law establishes attra... more
The real estate sector registered an important grow during last year, by about 20%. But commercial and residential rentals increased as well. The president of the Panamanian Association of Real Estate Brokers and Developers ( ACOBIR )... more
PANAMA CITY -- Long a freewheeling shipping hub and offshore banking center for the Americas, Panama is enjoying a building boom on a scale unmatched since the construction of its famous canal 92 years ago. The country is luring inves... more
The coming year is looking good for recent investments in Panama’s real estate and tourism industries. Soon, Panama will boast an even greater number of exclusive clubs, restaurants, and luxury hotels. A key player in the impres... more
Right of ownership by non Panamanians (Foreign Ownership) Foreign investments in all real estate areas are welcome and present in Panama. The procedures to adjust to the legal requirements in this area are simple and easy to implement.... more
Ownership of real property and/or private investment in it, is guaranteed and protected by Panama's Constitution under Article 44. It reads: " ... Private Property is guaranteed as long as it is acquired in accordance with the l... more
Though it is always recommendable to view a property in person before deciding on purchase, it is not necessary to be in Panama in person to complete property sale transaction. There are two options to choose from when purchasing real... more
Buying real estate in Panama can be a confusing experience, and full of uncertainty. One of the most prevalent qualms among foreign buyers is whether or not a property’s asking price is a fair one. It is sometimes difficult, even... more
The term Derecho Posesorio simply means, right of possession. Derecho Posesorio is a type of land reform which came to be in the 1960´s under the direction of General Omar Torrijos, the father of Panama´s current President,... more
