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Benefits of selecting properties in Bocas del Toro, Panama

Why Panama?  

  • Free of hurricanes, unlike most Caribbean islands,

  • The paper currency in use in Panama is the U.S. Dollar,

  • Now Panama has become a very stable young democracy,

  • Foreign investors and their businesses have the same rights and freedoms as Panama natives,

  • Many people speak English here, even though Spanish is the first language,

  • Most major banks will provide financing for foreigners,

  • You don’t have to live in Panama to own a piece of this Paradise,

  • Obtaining a Property title here is simple. Once you own the title, it’s yours

  • With a small investment here, if one chooses to start a tourist-related business, he will enjoy a multitude of tax exemptions,

  • Obtaining a Property title here is simple. Once you own the title, it's yours

  • Exoneration of property taxes on the initial US$120,000.00 of the registered value if the property is considered "Family Patrimony."

Panama flag

​In addition, Panama has allowed foreigners to purchase island property for the first time since 2006. Many foreigners have invested in island tourism in the past few years; nevertheless, the Caribbean is hardly touched at all. Water concessions can also be granted in tourism or your private home.

 

You can buy and own a Property in Panama just with your passport… no bank account is needed. Panama law 54 grants foreign investors the same rights and freedoms as Panama natives. They are also granted the right to dispose of their investment profits and repatriate their interest, dividends, and gains.

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Many baby boomers looking to stretch their retirement money and enjoy a traditional retirement lifestyle are moving to sunny and inexpensive places like Panama. Panama's incentive programs offer retirees tax exemptions and deferrals and discounts for entertainment and travel, among other things.

 

Its great weather, beaches, and attractions bring increasing numbers of tourists and retirees to the country. For all of these reasons, it is also attracting many foreign investors, who can benefit from the tax deferrals and exemptions offered to them.

 

One of the top resort and project developers in the area said, "Still, this is a great opportunity and time to invest in Panama or look at that possibility. I think it's still in the first 30, 40 percent of the growth curve."

 

  Why Bocas del Toro?  

The Bocas del Toro, panama flag

  • Stunning white-sand beaches,

  • Exotic Wildlife and vibrant cultures

  • Incredible surfing and World-class diving, snorkeling and fishing,

  • Calm Caribbean blue/green water all year round, 

  • Warm weather year-round (yearly average temperature 27°C/82°F) due to the proximity to the equator. 

  • Bocas del Toro is also one of the most biologically diverse places on earth,

  • Bocas del Toro is considered Panama's top travel destination,

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The province of Bocas del Toro is less developed than other parts of Panama. Consequently, real estate in this area provides excellent value for money. The combination of beautiful beaches, marine life, jungle surroundings, and stunning rainforest scenery has made this paradise an increasingly popular location for real estate investment among Canadian, American, European, and Central/South American buyers.

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Read "Foreigners' Advantage" on the main menu for information on how to own a Private Corporation or Foundation to obtain more benefits.

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