FarmhouseDavid District (Panama)

Price :

$1,190,000

USD

Euro € EURAmerican Dollar ($ USD)British Pound (£ GBP)

Surface140,000 m²land14 ha

The property is flat, has two high-performance water wells and is located on the main road, with an asphalted road and power lines. It is suitable for urban development, livestock and agriculture.Why live or invest in Panama?1 - Stable economy with the US dollar as its 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, privileged geographical location 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 income obtained outside the country from taxes 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 - More than 5% of world trade transits through the Panama Canal, 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 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 the 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 Nations Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Cyprus, Costa Rica, Croatia, 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, South Korea, Spain, Sweden, Switzerland, Taiwan, United Kingdom, United States of America, Uruguay.