Live in Panama
To experience one of the world’s top tourist destinations one must find an opportunity to live in Panama. Panama is greatly influenced by the neighboring countries like Venezuela, Mexico and Costa Rica, where mass tourism is a norm. Its gorgeous beaches, great surfing, kayaking, diving, fishing and river rafting makes life in Panama adventurous.
Live in panama and witness picture perfect highlands of Boquete to cosmopolitan capital city, palm fringed beaches to cool mountain climates and tropical resorts - Panama has a perfect location for every taste. Lots of financial institutions are available for those looking for affordable second home or a retirement option. Real estate in Panama resembles US style developments which offer an easy changeover, particularly for US retirees.
Life in Panama is culturally diverse, with residents from US, Venezuela, Canada and certain European countries that perceive Panama as an excellent real estate investment for their second homes.
Copa Airlines, once rated as Best Airline in Central America, Mexico and Caribbean is the national airlines of Panama. Alliance with Continental Airlines, Capo is continuously increasing its direct flights to number of cities in US and Venezuela, which makes easier to visit family and friends who live in panama. Copa Airlines has an impressive track record of “on time” flights.
To live in Panama one does not have to be a retiree or an investor but it has much to offer as mentioned below: -
1) A stable and growing economy.
2) No tax for Panamanians on foreign income.
3) No differentiation in terms of rights and protection for foreigner and residents who wish to buy real estate property.
4) Tourist’s investments exempted from import duties, construction materials and equipment, income, real estate taxes, etc.
5) US standard health care facilities and services available.
6) Low crime rate in Panama.
7) Reliable communication systems equipped with fiber optic telephone lines and most has ADSL internet connection.
Panama Pensionado program offers retirees excellent incentives including
o Import tax exemption for household goods
o Tax exemption to import a new car every two years
o 25% discounts on utility bills
o 25% discounts on airline tickets and 30% on other transportation
o 15% discounts on loans made in your name
o 1% reductions on home mortgages for homes used for personal residence
o 20% discounts on doctor's bills 15% on hospital services if no insurance applies
o 15% off dental and eye exams
o 10% discounts on medicines
o 20% discounts on bills for professional and technical services
o 50% discounts on entrance to movie theaters, cultural and sporting events
o 50% discounts at hotels during Monday to Thursday, 30% on weekends
As real estate price is rising internationally, Grupo Provivienda provides you an excellent opportunity to invest affordably in real estate in Panama which can earn a better return on investment.
Grupo Provivienda is one of the top real estate developers in Panama, which has made living in Panama memorable with its luxurious and yet affordable real estate projects.
Grupo Provivienda assists all buyers of real estate in Panama with : -
o Buying a property in Panama.
o Legal services to purchase the property
o Applying for your residence program
o Title insurance
o Home owners insurance
o Bank mortgage financing
o Relocation
o Others
Grupo Provivienda aim to provide a "One Stop Solution" for your entire requirement of real estate in Panama. Here at Grupo Provivienda our bilingual staff will provide you with expert advice and expedite your requirements.
Contact Grupo Provivienda and we will be glad to help you live in Panama and make life in Panama full of sweet memories.
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