Experts offer locations where investors can take advantage of lifestyle pursuits and see potential home price appreciation
Luxury home buyers who are seeking to maximize their money and freedom to invest by purchasing a property abroad are increasingly looking to Panama to take advantage of the country’s attractive golden visa program.
The program, which started in 2020, has three options, all of which require a five-year commitment. Foreigners can invest a minimum of US$300,000 in unencumbered real estate; make a substantial investment of US$500,000 in securities through the Stock Exchange of Panama; or deposit US$750,000 with an accredited Panamanian bank.
Set on the country’s central Pacific Coast, about a seven-hour drive from Panama City, Boca Chica is an idyllic town where scenic views of the Pacific Ocean can be had everywhere, he said. It also features verdant tropical forests and surrounding tiny islands. “Boca Chica is the perfect place for those seeking a tranquil coastal lifestyle,” Vuytowecz said.
“Boca Chica presents significant investment potential due to its natural beauty, accessibility and growing popularity among international tourists,” Vuytowecz said. “Additionally, the Panamanian government has been investing in infrastructure improvements, including road networks and airports, further enhancing the area’s accessibility and potential for growth.
As an example, Panama Equity Real Estate currently has a listing for a four-bedroom villa in Buenaventura that’s located on the golf course and spans more than 3,700 square feet; the asking price is US$980,000. Vuytowecz added that the town’s proximity to popular tourist destinations such as the Baru Volcano and the highlands of Boquete boosts its potential for future price appreciation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Giants eyeing San Diego Padres manager Bob Melvin for open skipper spotShortly after the end of a disappointing 3rd place finish that left San Diego out of the playoffs, Padres General Manager AJ Preller was asked about his…
Read more »
Chevron to buy Hess Corp. for $53 billion; company eyeing Guyana oil fieldsChevron will buy Hess for $54 billion.
Read more »
Bedard scores for Chicago, but Roy and Stone lead undefeated Golden Knights past the BlackhawksBedard scores for Chicago, but Roy and Stone lead undefeated Golden Knights past the Blackhawks
Read more »
Best Golden State Warriors merch: Jerseys, hats and moreGear up for the NBA regular season with slick new Warriors swag. Here's 30 of the best jerseys, hats, accessories and more.
Read more »
Bedard scores for Chicago, but Roy and Stone lead undefeated Golden Knights past the BlackhawksNicolas Roy, Mark Stone and Paul Cotter scored in the third period, and the undefeated Vegas Golden Knights beat Connor Bedard and the Chicago Blackhawks 5-3. Bedard scored on his first shot in Chicago’s home opener, but Vegas’ superior depth proved to be too much for the rebuilding Blackhawks.
Read more »
Bedard scores for Chicago, but Roy and Stone lead undefeated Golden Knights past BlackhawksNicolas Roy, Mark Stone and Paul Cotter scored in the third period, and the undefeated Vegas Golden Knights beat Connor Bedard and the Chicago Blackhawks 5-3 on Saturday night.
Read more »