PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENTDo you know that permanent residence in Panama through real estate investment is possible? Applicants must purchase real estate at a value of USD$300,000.00 or more (plus fees). The minimum amount will increase to USD$ 500,000.00 after October 16, 2022. The investor and his family can apply for citizenship after five years of permanent residence in Panama. 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!This property is an interesting extension of land of 80000 square meters with very good location, next to the Camino de Cruces National Park, near the North Corridor, located 500 meters from the paid area of Chilibre, easy access to La Autopista, also has mineral water, a ravine or narrow valley, vegetation, flora with jungle characteristics of the area, Variety of animal species and a cool and pleasant climate, which makes it an ideal place for a tourist development on the site, as well as carry out some new urban project or other commercial idea. The two-story house that is located within the grounds has 4 bedrooms, 3 bathrooms, terrace and pool.Take advantage of 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. 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.
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