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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!


Pino Alto is the new project located in the mountains of Boquete, in a small town in the province of Chiriquí, next to a river canyon on one side and an equestrian club on the other.

This cozy project in this area which has an influx of tourists and retirees from different parts of the world who choose this place for its delicious climate, consists of several condo-suites of different sizes and multiple resort-style social areas, focused on rest and community.

This is an excellent project for investment or for living! A few minutes from the commercial area of Boquete where you will find supermarkets, pharmacies, banks, restaurants and cafes, tourism, Flower and Coffee Fair etc ...

The Project consists of 3 phases, currently under construction of phase A, which 34 units in total.


- Apartments from 95 m2 to 107 m2: 2 bedrooms and 2 bathrooms
- Apartments of 145 m2: double height, 3 bedrooms and 2 bathrooms
- The entrance of all the apts has a porch
- Fully furnished:
- Bedrooms: beds, bedside table, closet, curtains and lights
- Bathroom: accessories, cabinet and lights
- Kitchen: lights, white goods
- Living room: sofa, tv, curtains and lights
- Dining room: table, chairs, tv and lights


- Restaurant
- Terraces
- Reading room and coffee
- Fireplace area
- Swimming pool


From USD$ 332,500.00 to USD$ 507,500.00
Reservations with USD$ 5,000.00 and to sign the contract with 10% subscription.

Take this opportunity and book your visit now or request additional information!

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.

Property Features

  • Central Heating
  • Air conditioning pre-installation
  • Fireplace
  • Suites: 1
  • Full Bathroom: 1
  • Social bathroom: 1
  • Furnished
  • Equipped kitchen
  • Jacuzzi
  • Sauna
  • Indoor Garden
  • Terrace: SI
  • Garden: SI
  • Piscina: SI
  • Private condominium
  • Total area: 95
  • Gross Dependent Area: 95
  • Rooms: 3
  • Double glasses
  • Security alarm
  • Security / Surveillance: SI
  • Lift
  • Unobscured view
  • Countryside View
  • Parking space: SI


Distrito de Boquete - PINO ALTO - BOQUETE, Chiriqui - Panama

Sale price 332 500 $

Currency converter

Ref: ITH1403

  • 2
  • 2
  • 95 m2
  • 95 m2
  • 95 m2


Ref: ITH1403
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