PANAMÁ:

The Republic of Panama is a country in Central America, located between Costa Rica, Colombia, the Caribbean Sea and the Pacific Ocean.

Thanks to the expansion plan of the Panama Canal, it is expected that this beautiful and warm Central American country will be completely industrialized and developed in less than 10 years.

Everybody knows about Panama's diverse climate, its tropical beaches and beautiful forests. It is also well known thanks to its efforts to attract foreigners by offering them permanent resident visas for anyone with just $500 guaranteed monthly personal income, generous offers in tax reduction, and great facilities to acquire a property.

Together with Mexico, Costa Rica and other Caribbean countries, Panama has become a good real estate investment option south of the North American border, where prices are considerably less expensive and compete with some beachfronts properties in the United States.