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Thanks to your website and great service my wife and I have now found the home of our dreams in Boquete. You gave us all the information we needed and helped us create a short list of properties that all fit all our criteria. You saved us so much time and put us in contact with an excellent realtor as well as a lawyer who made the whole buying process safe and easy.
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| Tom Dobson |
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| Bocas del Toro, Panama |
| Once you get there it's hard to leave Panama's fabulous Bocas del Toro. It's a peaceful relaxing place with a funky, romantic charm that has something untamed about it. The place is full with colorful people nursing drinks in dilapidated wooden bars, going fishing or running rustic hotels on remote beaches. Bocas is beautiful and natural. It has an abundance of emerald islands, pristine beaches, turquoise waters, dense forests, barely explored mountains and rivers, extensive coral gardens, spooky mangrove channels, and exotic wildlife. It's the kind of Caribbean hideaway one expects to find only in old movies. Here it is though, all very real - a perfect paradise. |
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| Bocas Islands, Panama |
| The beautiful tropical archipelago of Bocas del Toro in Panama has nine major islands, 59 smaller islands all with names and a myriad of unnamed mangrove cays with a total population of 89,300. Here is a little more information on the most interesting. |
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| Boquete, Panama |
| Business Week, July 2008 ranked Boquete in Panama as one of the top-ten dollar-friendly destinations on the planet. It is a small town with spectacular views of the Pacific Ocean and a river running across it, about a six hour drive from Panama City. The town, founded in 1911, is surrounded by steep, lush mountains to the north, east and west, where lies the Baru Volcano, Panama's highest peak at 3,475 meters. |
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| Buying Real Estate in Panama |
| Firstly it is important to know that foreigners, whether residents or non-residents, enjoy the same rights and privileges when purchasing and selling real estate as do Panamanian citizens.
Secondly buying property is so safe that major U.S. Title Insurance companies
Thirdly it is important to understand real estate a bit so that you can go into it eyes wide open (rather than a lamb to slaughter!). For some reason when people buy abroad they often throw caution to the wind and make all sorts of mistakes they would never dream of making back home. The following advice is a bit dry but I hope it helps! |
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| Chiriqui, Panama |
| The Chiriqui Gulf in Panama is famous for its myriad of islands, great water, white sandy beaches, green rain forests and year round warm weather. It is an area just starting to become developed and prices are beginning to rise. There are still some wonderful large tracts of land still available to have a farm or horse ranch and live in peace and quiet or to develop for private homes for retirees escaping the cold and declining econony of the USA and Europe. |
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| El Valle, Panama |
| Ever thought about retiring to a crater of a volcano? Come to El Valle in Panama. This picturesque town sits in the crater of an extinct one! At 1000m above sea level its cool, spring-like climate makes it an excellent resort area, a longtime favorite retreat with the Panama City elite. |
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| Investing in Panama |
| Many Latin American countries are competing for investors by offering attractive tax incentives in hopes of luring new money to the region, but Panama is leading the way with new incentives in many areas such as real estate, teak wood forestation and tourism as well of course as establishing many new free trade zones. |
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| Panama City |
| Panama City is: vibrant, dirty, crazy, wonderful, full of traffic and exhaust fumes, hot, perfumed, fun, exciting, growing, modern, old, sophisticated, beautiful, ugly, very noisy, tiring, exhilarating! Panama is: concrete sky scrapers, modern condos, French colonial chic, middle class villas, rental apartments, slums, poor tin roofs as well as rain forest on your door step. Basically Panama City is anything and everything you want it to be... |
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| Panama Economy and Currency |
| The unit of currency used in Panama is the Balboa (PAB), which is pegged at parity to the dollar. There is no Panamanian paper currency and the US dollar is the de facto official currency for all but minor transactions. As a result, the Government cannot print money, and inflation is low, estimated at 1.1% (2006 est) |
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| Panama Travel |
| While Panama is known mostly for its famous canal and the Panama hat, incredibly the best things it has to offer are largely unknown. This beautiful country has cool mountains, palm-fringed beaches, desert islands and modern cities and offers some of the finest birding, fishing, snorkeling and hiking in the Americas. It also has warm weather, great food, friendly people and cheap pina coladas! |
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| Panama Visas and residency |
| People with passports from the following countries do not need a visa to enter Panama:Argentina, Austria, Belgium, Chile, Costa Rica, El Salvador, Finland, France, Germany, Guatemala, Honduras, Hungary, Israel, Italy, Luxembourg, Liechtenstein, Netherlands, Nicaragua, Paraguay, Poland, Portugal, Singapore, Spain, Sweden, Switzerland, Uruguay and the UK (except for persons who were born in Hong Kong, or if the UK passport was issued in Hong Kong). |
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| Pedasi, Panama |
| The Azuero Peninsula and Pedasi in Panama is often compared to Costa Ricas’ very desirable region, the Guanacaste province, for its friendly locals, attractive weather and strong Spanish colonial heritage. The only difference being this area is not nearly so well and therefore relatively undeveloped. If you love un-commercialized beaches, mountains and nature there is no place on earth like the Azuero Peninsula. |
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| Renting Property in Panama |
| Renting in Panama is relatively easy and there are both furnished and unfurnished homes are available. Prices, relative to the value of the property, are high, often as much as 12 - 15% of the capital capital value per year. |
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| Retirement in Panama |
| Panama is fast becoming one of top retirement destinations on the planet There is simply no better word to describe this lush, plush Caribbean country, honored by International Living as the "World's #1 Retirement Haven"--for the fifth year in a row! |
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| Starting a Business in Panama |
| Hundreds of resident foreigners are starting up new businesses in Panama every year. The Panamanian government is keen to attract new investment and this is evidenced by a number of tax and other incentives. |
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| The Pearl Islands, Panama |
| The Pearl Islands (Las Perlas Archipelago) are around 380 islands and islets located throughout the Gulf of Panama, about 30-40 miles southeast of Panama City. Only a few of these islands are inhabited, and many don't offer any amenities to tourists. The largest and most well known of these islands are Contadora, Isla del Rey, Isla San Jose, San Miguel and Pedro González. The closest is Isla Taboga.
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| Titled Property and Right of Possession Property in Panama |
| Understanding titled and right of possession property is very important in Panama |
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