" Conde Nast Traveler's October 2004 issue declared: 10. Dollar, and great Tax incentives. Living in this beautiful country is just a benefit!" The National Geographic Traveler predicted in December of 2004: While real estate is still in the booming stage, it is best to grab opportunities as they are still available. Acquiring real estate is tax free for 5 to 20 years depending on the location and the type of property. Competition has been so great that most developers are into spotting attractive locations, offering competitive price, and appropriate customer service for its foreign clients who wish to invest in the real estate in Panama. This is indeed a great advantage for investors who are considering Panama. S. If someone asks you, ‘Why Panama real estate?” Enjoy International Lifestyle Panama is a country of contrasts with style, glamor, and classiness not found in many destinations. Daniel Hanna, the Panama City real estate broker, reiterates: The economy has been developing as it focuses on service industries such as tourism, trade, banking and commerce. about $250,000). The city has excellent facilities and as a First World city, it can offer you the least expensive lifestyle in the world! S. Tom Stevens, who is their current President, recently visited Panama and explained: Buying real estate in Panama becomes easy as it is easy to sell. Panama Real Estate panama city beach condos
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