Investment Locations in Panama

Panama is home to numerous advantages that make it an attractive destination for businesses and investors. These include its strategic location, pro-business legal framework, low tax burden, and developed infrastructure.

The country also offers a wide range of investment opportunities across sectors such as, tourism, agribusiness, logistics, energy, and mining.

If planning to rent a house in Panama or buy an existing property, here are some of the best investment locations in Panama that you can consider:

1. Balboa Avenue, Panama City

Balboa Avenue is one of the most important commercial areas in Panama City. It is home to many multinational companies, banks, and other businesses. The area also has a wide range of shopping and entertainment options.

2. Casco Viejo, Panama City

Casco Viejo is a historic district. It is a popular tourist destination with many restaurants, bars, and hotels. The area is undergoing a major regeneration project, making it an increasingly attractive investment location.

3. Panama Pacifico, Panama City

This place offers a many benefits to businesses, including tax exemptions and duty-free importation of goods. The area is home to several multinational companies, too.

4. Colón, Panama

Colón is the second-largest city in Panama and is located on the Atlantic coast. It is an important trading hub due to its location at the entrance to the Panama Canal, which is why many manufacturing businesses are based here.

5. David, Panama

David is the third-largest city in Panama and is located in the west of the country. It is a popular tourist destination due to its proximity to the Pacific coast and has national parks nearby. There are many universities in the area.

These are some of the best investment locations in Panama. Whether you want to rent a house in Panama City, buy an existing property, or set up a business, plenty of opportunities are available in the country. All you have to do is explore!

Panama City — New Law Gives Additional Boost to Already Booming Real Estate Market

For many people, a beach holiday is a perfect antidote to the stress of everyday life. Panama—particularly Boquete—is a top location for those who seek some solace. And like any other tourist destination, vacation rentals in Boquete, Panama are always high in demand, making them fantastic investments.

Reasons to invest in vacation rentals in Boquete, Panama

The great thing about visiting or moving to Panama is that the local government will have your back. They have passed numerous laws to support the real estate market, leading to a significant boom that is continuously growing:

The Foreign Investor Protection Law

Do you plan on investing in vacation rentals and homes in Panama? Most foreign investors are subject to strict regulations that prevent them from earning a high return on their properties; however, this is not the case in Panama.

The Foreign Investor Protection Law of 1998 declares that you, the foreign investor, will have equal rights as the citizens. As a result, you can freely participate in trade, disposing of your profits as you see fit.

In addition, this law grants you the right to commercialize your goods, products, and other investments in the country.

Real Estate Law 2 of 2006: Island and Concession Real Estate

Looking for a larger project to invest in? Panama’s concession laws permit individuals or companies to develop public properties for a specific purpose, such as marinas and hotels. This results in excellent long-term investments, allowing you to take advantage of the country’s booming tourism industry.

Retirement Incentives

Panama is also a lovely destination for retirees. The country offers enticing incentive programs, including benefits such as:

·        Discounts in hotels, restaurants, movies, and professional services

·        Bringing in household goods free of taxes

·        Top-tier healthcare facilities

·        The ability to buy and own property

Trying to find the perfect vacation rentals in Boquete, Panama? Consider comparing different properties on a trusted listing site and contact an experienced real estate agent for better guidance!