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HOUSE - DAVID, CHIRIQUI - FOR SALE

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH INVESTMENT IN REAL ESTATE

Did you know that permanent residence in Panama through real estate investment is possible? Applicants must purchase real estate worth $300,000.00 or more (plus fees). The minimum amount will increase to USD$ 500,000.00 after October 16, 2022. The investor and his/her family can apply for citizenship after five years of permanent residence in Panama.

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


HOUSE - DAVID, CHIRIQUI - FOR SALE


The residence is located behind Santa Maria La Antigua University and Colegia Liceo Santa Maria.


- 5 bedrooms including the maid's room with its closets
- 5 bathrooms including guest bathroom
- 2 spacious living rooms
- dining room and large kitchen with drawers
- 3 terraces
- 1 balcony
- Internal laundry
- 5 AC
- Plaster ceilings
- 2 parking spaces and electric gate
- Fenced


Santa Maria is 5 minutes away.

PRICE:

USD$ 440,000.00


Why live or invest in 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 Global Competitiveness Index of the World Economic Forum.

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 additions 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 - The Panama Canal transits more than 5% of world trade, with 160 client countries and 144 maritime routes, obtaining 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 the 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 real estate quoted in dollars remains a safe investment bet. The real estate industry offers a wide range of projects with a price / quality ratio well above the average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners residing or investing 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.

Location


Distrito de David - CASA - DAVID - CHIRIQUI - Panama

Sale price 440 000 $

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Ref: ITH1411

  • 5
  • 5
  • 1498 m2
  • 1498 m2
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Ref: ITH1411
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