The real estate game in Panama can be lucrative. However, as a foreigner, you have to remain concious that you are in a 3rd world country with 3rd world rules. It would not be fair to flat out say that property buying in Panama is safe or that a hand shake has the same integrity as it does elsewhere.
It is easy to get excited about your first tropical venture. The easiest mistake a person can make is to employ a non seasoned attorney found on the internet and depending on a in depth review. There are too many stories out there about either the lack of execution or details missed, leading to dire consequences.
Our three associated firms have entire departments dedicated to providing the most in depth review of property transactions. Each have their own degree of exclusivity and are recommendable based on the transaction at hand i.e. developemental, commercial / industrial zoned, governmental and general RE.
Feel free to Contact Us for more information or any questions you may have.
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