Why live in Panama? Investment, Community and Stability

There are many advantages to buying real estate in Panama which has attracted foreign buyers from North and South America and Europe.

Below we have selected our top 10 reasons for why you should consider investing in Panama today –

  • LawsThe Investment Stability Law (Law No. 54 of July 22, 1998), guarantees all foreign and national investors equal rights in terms of investments and business practices
  • Currency – Property is bought and sold in US dollars
  • Education – Panama has one of the highest literacy rates in the region, with more than 90 percent of the population literate. Plus the annual budget for education accounts for approximately 20 per cent of public spending
  • Cost of Living – First in the region for low cost of living, low operating cost and competitive work rates
  • Government Bodies Backing – The country has received a positive rating from the Economic Commission for Latin America and the Caribbean (ECLAC), the Organization of American States (OEA) and the Interamerican Development Bank (IDB)
  • Transport Hub – Panama’s international airport provides numerous flights to the Americas and Europe
  • Security – In Panama City, the petty street crimes that hinder tourists in other central and south American countries are uncommon. Recent statistics report there are 50 policeman to every 10,000 people
  • Medical Treatment – It is always reassuring to know that Panama also offers first-class medical treatments by American-trained doctors in hospitals that rival USA hospitals, but at a smaller cost. Even if you are just visiting, Panama will provide you with free coverage for 30 days for up to $7,000 of medical fees
  • Continued Investment in Panama – New projects like the Coastal Beltway, modernisation of the Tocumen International Airport, the Colon 2000 cruise-ship port and the new freeway that connects Panama City and Colon are some examples of things that will improve Panama as an investment, business, retirement and travel destination. Not forgetting the current expansion of the Panama Canal
  • Political Stability – Panama has seen an incredible increase in economic opportunity in the past few years because of its stable democratic political system and the pro-growth policies of President Martinelli and his Administration

If this does not convince you, we do not know what will…

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