Panama is located in the middle of the American continent. Through the east lies Colombia and through the west is Costa Rica. It forms a natural isthmian bridge, 80 kilometers in its narrowest part that joins the Atlantic Ocean in the north with the Pacific Ocean in the south. Panama covers an area of 75,517 square kilometers with more than 1,000 miles of coasts and 1,000 islands on the Pacific side and 800 miles of coasts and 600 islands on the Caribbean side
Continually ranked among the top five places in the world to retire to, Panama with a stunning historic capital city, superb Caribbean beaches, rugged mountain ranges and tropical rainforests among its attractions.  And as one of the safest and most stable destinations in Latin America, it’s hardly surprising that Europeans and North Americans alike are looking to put down roots here. In Panama you will pay a lot less than you are used to paying for a similar service in Europe or North America.
Panama’s modern technology has made life easy for foreign residents. This little known country offers a real paradise for the nature lovers as well as the open water sport fanatics. You can find hundreds of interesting activities ….you name it, Panama has it. Panama City is a city of easy cosmopolitan living, a delightful combination of the historic and the ultra-modern. Panamanians are friendly and skilled in relating people from around the world.
Panama has the banking conveniences and infrastructure you would expect in any great modern city. With one of the largest international banking centers in the world, Panama has specialists willing to help you with all personal, corporate or “offshore” services you will require.
International Hot property has Identified and researched property in Panama and has targeted the new luxurious 5 star developments in Panama City as well as key locations such as Colon  and Bocas del Toro outside of Panama City. Although prices have doubled in Panama City in the last two years Panama property still represents fantastic property investment opportunities for the foreseeable future as it still has a long way to go to peak especially when you consider all the outside factors such as Tax incentives for Investors and people retiring to Panama.

WHY INVEST IN PANAMA PROPERTY?

It is a 100% tropical with temperatures around 80-90 degrees Fahrenheit (about 25 - 30 degrees Celsius). There are two seasons: the dry season with a bright sun from December to April and the rainy season from May to November. You can also enjoy temperatures of 12 to 15 degrees Celsius in the highlands of the Province of Chiriqui close to the border with Costa Rica as well as in the Valley of Anton and Cerro Azul at one hour and a half and 40 minutes from downtown Panama City respectively. Good News!!! Panama is situated south of the hurricane track and generally not affected by these tropical storms.-.

Panama City is well known as a major Central American and world banking metropolis and it is here that 80% of foreigners stay. In fact, the nation is the second largest financial centre in the world, behind Switzerland, with no less than 150 different banks from 35 countries. Panama is also second only to Hong Kong both as a Freeport and as a provider of foreign registration of the world’s corporations and foundations. Because of its key geographic location, the economy of Panama has a mixed-western economy mainly based on the services industry, heavily weighted toward banking, commerce, and tourism. The hand-over of the canal and military installations by the US has given rise to new construction projects. Panama's economy is based primarily on a well-developed services sector that accounts for nearly 80% of its GDP. Services include the Panama Canal, banking, the Colón Free Trade Zone insurance, container ports, and flagship registry, medical and health, and other business. While the country's industry includes, manufacturing of aircraft spare parts, cements, drinks, adhesives, automobiles, textiles and more recently, handmade artisan creation of Bush planes. GDP growth for 2000 was about 2.3% compared to 3.0% in 1999. Panama has the third highest GDP per capita in Central America and the poverty rate was estimated to have been 20% in 2006, a level which only Costa Rica gets to be lower. The unemployment rate stands at 7.2%.

As Panama’s fastest growing industry, tourism has increased at an average rate of 10.9% from 1997 to 2006. Visitor numbers are growing at such an extent that the airport of Tocumen is currently being reformed to better meet the needs of the increased number of visitors – yet another good sign for today’s property buyers in Panama.

Panama property represents excellent Investment opportunities especially when large multinational corporations are establishing themselves in Panama to take advantage of the wide range of tax incentives that the country offers. A resultant demand for high quality office and residential real estate is creating a ready market for property investors in Panama. They are buying up in the City, as well as other well-known areas like San Francisco, Bella Vista and Paitilla, not to mention in all the real estate projects and communities underway around the Bridge of Panama. Panama offers the lowest cost living in the region and a very high quality of life. With funding up to 95% for new build property and all the other factors property in Panama represents real value for property for property investors.

Looking to buy a property in Panama ?