Location Details

FREQUENTLY ASKED QUESTIONS (FAQ)

• Why invest in a property in Panama?

  Panama is a growing country with a stable and expanding economy. Additionally, it is a popular tourist destination, which means there is a constant demand for rental properties.

• How can I buy a property in Panama?

  You can buy a property in Panama as a foreigner. However, it is important to have a local lawyer to help you navigate the legal process.

• What is the process for buying a property in Panama?

  The process for buying a property in Panama starts with the signing of a purchase and sale contract between the buyer and the seller. After that, it is necessary to register the property in the Public Registry. The buyer must also pay transfer taxes and register the property in their own name.

• How can I finance the purchase of a property in Panama?

  Banks in Panama usually require foreign buyers to provide a significant down payment, usually around 30% of the property value. However, it is important to talk to your bank and find out what the specific requirements are for financing a property in Panama.