July 2022

Bella Vista: urban development and investment opportunities

The urban growth of Bella Vista in the last few years has increased significantly thanks to the construction of new vertical properties as well as second use properties, in addition to the available supply of second use homes, along with lots, offices and commercial properties. According to Carlos Gordón, an associate researcher at the Urban Risk Center (Florida State University's urban research center),...

Panama, a strategic point for the development of ‘nearshoring’

What is the role of nearshoring in Panama? Why is the isthmus positioned as an ideal destination for the development of this business modality? We explain... Near-shoring brings outsourced production centers closer together and minimizes the difficulties that these circumstances entail. In an interview with La Estrella de Panamá, Enrique Aguirre, 3M's general director for Central America and the...

How to obtain permanent residency through real estate investment in Panama?

Through Executive Decree No. 722 of October 15, 2020, the Permanent Resident Permit was created as a Qualified Investor for real estate investment in Panama (with extension until October 16, 2022). This permanent resident permit for reasons of economic solvency for real estate investment applies to any foreigner who invests a minimum amount of US$300,000 in real estate and proves that the funds proceed...

Learn about the new requirement for real estate inscription

The Autoridad de Aseo Urbano y Domiciliario (AAUD) announced that as of today, Friday, July 1, 2022, it will be mandatory to present a valid proof of payment for the recollection service of the AAUD for the inscription of a real estate property before the Public Registry, as established by the new Law 276 of December 30, 2021, which regulates the integral management of solid waste in the Republic of...

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