Panama has a wonderful diversity in living and lifestyles, from beach front homes to highland tropical rainforests or Caribbean island communities. To those who want Golf, or the fantastic Pacific Ocean game fishing. Potential residential opportunities range from city views and the convenience of everything at your door step to mountain retreats, beach and island communities so that a special place can be found to suit anyone’s taste. It is not hard to see why Panama offers some many options to so many people and why it’s now the worlds 2nd most popular 2nd home and retirement destination.
Panama Tax laws and it’s unique banking system and financial structures make Panama a very safe haven for investment, in particular property which is still seeing growth and delivering great ROI and will continue to do so over the next 10 years. Panama has a diversity of flora and fauna that is found in no other place, due to the Isthmus’ position as the crossroads of North and South America. Once you decide where to settle, you have the security of knowing that, as a foreigner, you can own property easily and are granted exactly the same rights and protections as a Panamanian property owner.
Panama also boasts one of the most stable and steadily growing economies in the Americas. With low inflation, low unemployment and steady growth in GDP and a diverse economy, the stability is unmatched in the area. In addition, Panama operates on the US dollar, so investors don’t have to be concerned with the constant changing value of the dollar as they might in other regions. Panama also boasts costs of a third world country in a first world country. Properties values and daily living expenses are far below that of the United States and Canada, but infrastructure is more developed than throughout Latin and South America. Newly paved roads run across the country in Panama, reliable electricity and clean water throughout the country and 3.5G cell phones and high speed internet services are reliable and easily available to foreigners.