Apartment Panama City (Panama) Price: $ 1,275,000 USD

• Euro (€ EUR)
• American Dollar ($ USD)
• British Pound (£ GBP)

Surface 337 m² Bedrooms 3  Bathrooms 5 

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT Do 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 qualifying investment in Panama, including the following options:- Real estate: Invest US$300,000 (until October 2024), or US$500,000 thereafter, free of liens.- Real estate projects in pre-sale: sign a contract of sale for the amount of US $ 500,000 or more, free of liens. ITHLUX and our team of professionals offers 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! MATISSEDesigned for those who enjoy the pleasure of life in front of the sea! Matisse residents will enjoy family apartments with luxury finishes in Panama City's best beachfront location. The privileged location in Costa del Este allows easy access to schools, supermarkets, banking area and recreational areas for the family. One of the areas with the greatest real estate development, in an important and exclusive place of the city, quiet and orderly, with high-rise buildings. It is the second most valued area, only behind Balboa Avenue. With a touch of Los Angeles, it consists of wide streets with palm trees, glass skyscrapers, large sidewalks, parks and exclusive restaurants. Home to some of the big corporations, it's a favorite of expats and executives, creating a bubble, almost a separate city. THE APARTMENT: 337 m² with 3 bedrooms with their own bathrooms Half guest bathroom Living room with ocean view Family room Comfortable kitchen with breakfast area Three parking lots and a deposit Large balcony Employee's Room and BathroomTHE BUILDING: 52-story tower with 46 levels of apartments Two apartments per level Three high-speed elevators and one service elevator Three parking lots per apartment Emergency power plant Water reserve tank Complete social area on the sixth level Party room and children's play area Gym Squash court Sauna Swimming pool for adults and children Open and crossed out terracePRICE: USD $1,275,000.00 Contact us! Take advantage of this opportunity and book your visit now or ask for additional information! Why live or invest in Panama? 1 - Stable economy with the US dollar as currency. Central America's second largest economy and 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, is 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: 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 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.