Foreigners can legally benefit from buying properties in Panama.

Foreigners Advantages in Panama

Panama is a secure place to invest in real estate, with more than laws in place to safeguard foreign investments. While foreigners can own titled property in their own names, legal experts often suggest holding property under a Panamanian/Offshore Corporation or Private Foundation for asset protection and tax benefits.

Information about owners and directors of the company remains confidential and is not kept on public record.
No minimum capital requirements.
High level of asset protection and financial privacy
Reduction of income taxes
No inheritance, succession, or gift taxes
No requirements as to the number of shareholders, and no nationality restrictions
Complete freedom to transfer funds
No International Trade tariffs
No taxes on capital (stocks, bonds, and other investments) held by Panamanian corporations (*)
No bureaucracy
Local Government concessions, subsidies, and support
No limitations on the amount of import/export
Etc...

Significant Advantages of a Panamanian/Offshore Panama Corporation:

Significant Advantages of an Offshore Panama FOUNDATION:

No foreign exchange control
Assets transferred to the Foundation are out of reach of creditors.
No shareholders, members, directors, or officers are required.
Exemption from all Panamanian taxes for income generated outside of Panama
Separate legal entity with the capacity to execute rights and acquire obligations
Accounting and an audit are not required.
Inexpensive annual support
Etc....

*** We recommend consulting with experienced offshore consultants and attorneys, particularly Americans who know about international investment and asset protection strategies that can be tailored to your specific needs. Also, government authorities may modify Corporation law at any time.