Lic. Carlos G. Suncin Sarmiento
Will I need to pay annual taxes on my property? If yes, how much?
ROP "Rights of Possession" properties do not pay annual taxes as titled properties do. Property taxes on a titled property is 2%/year...
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Our Blog
Lic. Carlos G. Suncin Sarmiento
- Oct 10, 2021
- 1 min
What are the real estate legal fees on a Titled / ROP property?
Legal fees for buying a property in Panama vary depending on the type of property and the attorney firm. Titled property legal fees for...
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Lic. Carlos G. Suncin Sarmiento
- Oct 3, 2021
- 2 min
How does the Buying/Selling process work in Panama?
First, you need to make an offer on a chosen property. The offer should be an official, written document stating all terms and...
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Lic. Carlos G. Suncin Sarmiento
- Oct 3, 2021
- 1 min
Why should I select "Caribbean Property for Sale" as my real estate agent?
In early 2000, we started a private family-owned real estate business in Costa Rica and extended our activity in Panama. During our...
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Lic. Carlos G. Suncin Sarmiento
- Oct 3, 2021
- 1 min
How is Property ownership registered in Panama?
Not all properties in Panama hold a property title. Panama allows people to possess government-owned land to make improvements upon it....
96 views
Lic. Carlos G. Suncin Sarmiento
- Oct 2, 2021
- 1 min
How do I hire a Real Estate attorney?
It is highly recommended that a lawyer assist you with your real estate transaction in Panama. Once you have chosen your property, they...
19 views
Lic. Carlos G. Suncin Sarmiento
- Oct 2, 2021
- 1 min
Can a foreigner buy Panama real estate?
Absolutely. You can buy and own a Property in Panama with your passport… no bank account is needed. Panama law 54 grants foreign...
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