Are foreigners allowed to own property in Panama?
When we asked expats in Panama if foreigners are allowed to own property, they answered...
"Some years ago the government passed laws limiting "visitor" stays to maximum of 3 months. Property owners apply for and can be granted residency status which may take some time and $$$$, but is a must if the property here will be your primary home," said another in San Carlos, Panama.
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"First and foremost, the Panamanian constitution and Panamanian law allows for both nationals and foreigners to purchase and own titled property in Panama. When someone is planning to move to a tropical paradise like Panama, owning a home, investing in land, acquiring a beach-front property are only some of the reasons why it is important to learn the rules regarding real estate in the Republic of Panama. ," wrote Business Panama from Business Panama Group.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
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Are foreigners allowed to own property in Panama?
If you live in Panama, newcomers to Panama would love to hear your answer to this question:
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.