PANAMA… the Best Country to Invest and Live

CONNECTIVITY Panama is the best connected country in America.  Grow your business with Panama's global connectivity. Due to its unique position in global trade, Panama is a bridge for new business opportunities that benefit from valuable logistics assets by air, sea and land. Panama is the only country in the world with a terminal with access to 2 oceans, the Atlantic and the Pacific....

Tips to avoid scams in real estate

After recent cases of scams in the real estate field in Panama, alarms have been triggered, but beyond this fact, do you know the steps you should follow to avoid being a victim of fraudulent offers? Do you know how to detect 'supposed' real estate brokers? Find out below...  Forbes Mexico magazine in its article cites data from the real estate platform, Lamudi, which provides some recommendations...

The first real estate coworking facility in the region, “Acoworking”, is officially open.

Last September 15, the Panamanian Association of Real Estate Developers and Brokers (ACOBIR) successfully launched "Acoworking", the first real estate coworking space in the region, located in the Sky Business Center on Avenida Balboa. The inauguration ceremony was attended by numerous brokers and was an outstanding success.During the ceremony, José Boyd, a prominent member of ACOBIR and one of the heads...

Benefits of living in Punta Pacífica

Punta Pacifica, a residential area located in the district of San Francisco in Panama City, has been characterized by its real estate development for the last 20 years.  In its surroundings you will find shopping malls, hospitals, hotels, schools, pharmacies, restaurants, public transportation, banks, among others. García De Paredes, urban planner and architect comments that the urban growth of...

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...

Panama: real estate investment panorama for 2022 and 2023

The Panamanian real estate market this 2022 will gradually move from recession to recovery, according to the president of the Panamanian Association of Real Estate Brokers and Developers (Acobir), Francisco Cheng, who during the virtual conversation “Café con La Prensa” predicted that by 2023 there will be a significant increase in GDP thanks to various factors, including the results of the analysis...

Learn what ‘Expo Inmobiliaria Acobir’ 2022 has to offer

This year begins the twelfth version of the real estate fair organized by the Panamanian Association of Real Estate Brokers and Developers (Acobir) to be held from June 30 to July 3, at the Panama Convention.The event will be made up of more than 80 developers that will offer to the public approximately 250 residential and commercial projects of different prices. The projects cover the city, beach,...

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