Panama Property Market Overview

Panama is probably the best place to invest in South and Central America at the moment.

The Panamian economy is growing strongly, they have a stable government and there is a strong international business presence in the country given its proximity to the US, the Panama canal and its tax-haven status.

Prices have grown substantially in the last 3 years but we surmise that there is still plenty of room for growth in the next 3 years.

Panama is particularly popular with retirees. Many people from North America choose Panama for its low crime, good weather, low costs and good standard of living. Interesting the British make up the second largest group of expats in the country.

Whilst most foreigners look for property in coastal areas the best pure investment opportunities remain in the capital, Panama City. The strong economic performance is translating into a growing middle class and nouveau rich.

English is widely spoken, it has great communications infrastructure, large foreign investment, a range of tax advantages and the extra billions of dollar being spent to expand the Panama canal can only help to support the economy.

There are certainly good property investment opportunities in Panama for the wise investor.