Why Panama

Why Panama?

There are so many reasons for investing in Panama at the moment.

The US dollar has been the legal tender of Panama since 1904 - stable global currency that will not devalue dramatically overnight.
Panama tenancy legislation is pro-landlord.
The Investment Stability Law (Law 54) guarantees all foreign and national investors equal rights in terms of investment and business practices.
Big influx of American retirees, increasing the strength of the property market.
Panama is renowned as the number 1 retirement destination for Americans (outside of the USA).
Huge investment in the Canal expansion. This will bring over 10,000 jobs and $10bn over the next seven years.
Under Panamanian law, non-Panamanians have the same rights as Panamanians for property ownership.
Beautiful Caribbean and Pacific beaches will ensure tourism continues to increase into the future.

Stable constitutional democratic government.
Tourism is increasing rapidly at over 10% year on year - a significant benefit to the Panama economy.
GDP growth: Panama's Gross Domestic Product is growing at between 6% and 9% pa - growth comparable to that of China.
The Panamanian government actively encourages foreign direct investment - there are significant tax incentives for investing in Panama.
Inflation has averaged less than 2% over the last 20 years.
The cost of living in Panama is significantly lower than in Europe or the USA.