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PANAMA BEST IN TODAY'S REAL ESTATE MARKET DISCOVER YOUR 2ND HOME IN TROPICAL PARADISE
The International second home market is booming. Over four million Americans currently live abroad, with that number expected to grow significantly as more baby boomers reach Retirement age.
LIVE, RETIRE OR INVEST IN PANAMA. . .
FRIENDLY COUNTRY Panama has the highest rating for tourist Safety from the prestigious Pinkerton Intellegence Agency. People are warm and friendly. English is the second language. Another greater convenience is that the U.S. Dollar is the national currency. BEST INVESTMENT OPPORTUNITY
WITH MANY YEARS TAX FREE BY LAW Regardless of whether the owner is a retiree or not, pays no property taxes, according to the law, for 20, 15, or 10 years, according to each different investment. As a Retired person in Panama, you can benefit from numerous tax exemptions as per Law, the retiree or "pensionado" residence status requires that applicant prove a pension income of only $US$500.00 per month (add $100.00 per additional dependent). This law allows you to import your personal belogings and car duty free.
REASONS TO INVEST IN PANAMA
LOW COST OF LIVING - Panama's currency is the US dollar and it has been since the country was founded in 1903. Panama's banking center is the second largest in the world and just every international bank has a branch in Panama City. The cost of living is much lower that the USA or Europe.
SAFE COUNTRY - Panama is a priviliged country. It is a fast becoming a preferred location for a second , retirement, vacation or investment home for Americans. Panama has the highest rating for tourist sfety from prestigious Pinkerton Global intelligence service in Panama. The crime rate is very low.
SHOPPING IN PANAMA - Panama City is called "second Miami" because of it's sophisticated business district. Due to the lowest tariffs Panama is a shoppers Paradise whether is clothes, computers, electronics, or automobiles. Also the supermarkets can be easily be mistaken for American supermarkets, with all the large selection of American products.
MEDICAL CARE - Hospital and Medical facilities are almost on a par with the USA, one of the many happy by-products of the longtime American presence in Panama.
SCHOOLS - Private education is excellent, there are many accredited international schools and dozens of fine billingual schools. At University level, there are a dozen universities, including three USA universities with branches in Panama City.
PROPERTIES - Unbeatable prices, real estate. In Panama, foreigners have the security of knowing that, they can own property legally and easily. Foreigners are granted exactly the same rights as the local Panamanian owner. Foreigners have been buying real estate for almost a century. Title Companies like Stewart Title Company and First American Title Insurance Companies (both major US title insurance companies) offere insurance on property in Panama.
LEGAL SERVICES - Panama offers the most favorable and flexible incorporation laws available in the world. Panama corporations are used by individuals from all over the globe who are interested in asset protection, tax minimzation, privacy, investment diversification, affordability and convenience. Banking secrecy laws available, providing legal protection to your assets and identity. Panama is a totally sovereign nation, not governed or controlled by any other country in the world.
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