Many international investors perceive Panama as a great opportunity for real estate investments due to which Panama real estate is witnessing a boom.

According to one of the top panama real estate developer Grupo Provivienda, “Panama will continue to grow in the all major economic sectors, especially real estate due to its political and economic stability”.

As per Bilateral Investment Treaty, which was signed on October 1982 between Panama and United States, it will protect the investors from United States and will also assist government of Panama in developing economic and infrastructure plans.

Since the past few years, the real estate and construction market has seen a substantial increase in all parts of the Panama. By the end of 2005 real estate construction permits rose by more than 90%, resulting in 6.4% growth in Panama’s economy. One of the major reasons for most of the Americans retiree and investors heading towards Panama is the fact that most of the real estate projects having excellent amenities are built by American firms. The low inflation* in Panama’s economy along with great tax incentives makes life in panama extremely affordable and yet luxurious.

Grupo Provivenda, a trusted name in Panama’s real estate industry, believes that the attraction is not only because of its real estate boom, Panama is also well known for its natural beauty, healthy climates and charismatic Panamanians. To live in Panama is just one of the beautiful things that could happen in life.

(*source Economic Commission for Latin American and the Caribbean)