GENERATION TOWER - COSTA DEL ESTE - APARTMENT - FOR SALE

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residence in Panama through real estate investment is possible?

Executive Decree 722 of October 15, 2020, created a new category of permanent residence for economic reasons. Through this program, the applicant can become a permanent resident by making a qualified investment in Panama, including the following options:

- Real estate: Invest US$300,000 dollars (until October 2024), or US$500,000 dollars later, free of liens.
- Pre-sale real estate projects: sign a sales contract for the sum of US$500,000 or more, free of encumbrances.

ITHLUX and our team of professionals offer you several real estate projects that qualify for the program, in addition to providing you with the complete package to support you and your family in this process (legal, immigration, tax/accounting, insurance, among others). Ask us! Take advantage of this opportunity and book your visit now or ask for additional information!


GENERATION TOWER - Condo-Suites


Generation Tower is a fun and innovative concept in the most premium location in Panama City, Costa del Este.

Its "Condo-Suites" type units enjoy commercial permits so that the owner can lease their units for the short or long term on various digital and tourism platforms. An ideal place for tourists, executives and people looking for a permanent residence with all the luxuries of living in an active community! Adapted for short or long term stays.

Fall in love with the atmosphere and the people who will bring to life this unique and privileged community in the center of Costa del Este, just steps from the Town Center.


PROJECT STATUS
Presale - Ready in 2028!

AREA:
53m² - 58m² - 59m² - 65m²

PRICES:

From USD$ 233,039.04
Special financing conditions!
POSSIBILITY OF FINANCING WITHOUT A BANK WITH 40% PAYMENT AND INTEREST RATE OF 8%


AMENITIES:

• Infinity pool with modern cabanas
• Sun deck
• Meet & Greet Lounge and Terrace
• Open-air theatre
• Game Center
• Jogging Track
• Spaces for BBQ
• Multipurpose room
• Co-working lounge with all facilities
• Common laundry
• Sky Pool
• Sky Bar
• Gym (Athletic Club)
• Wellness Center
• Yoga Studio


Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!


Why live ou invest not Panama?

1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the World Economic Forum's Global Competitiveness Index.

2 - Strategic geographical location, privileged and free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year.

3 - International banking and financial center: strong banking system - in the last 20 years, mergers, transformations and incorporations of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world.

4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country.

5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade.

6 - Excellent quality of life and safety. It is among the cities in the world with the highest quality of life, as well as being one of the five best places to retire in the world.

7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools.

8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America.

9 - More than 5% of world trade transits through the Panama Canal, with 160 client countries and 144 maritime routes, obtaining a great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by nearly 20% as the Panama Canal expands and the consequent increase in traffic and new flows of ore, gold and copper, driving growing demand for real estate.

10 - Tocumen International Airport: It is the largest and busiest airport in Central America, with flights to 89 destinations.

11 - Stable Real Estate Business - Investing in dollar-listed real estate remains a safe investment bet. The real estate industry offers a wide range of projects with a price/ quality ratio well above average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners who reside or invest in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Costa Rica, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Netherlands, New Zealand, Norway, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Slovakia, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.