Work with a licensed real estate agent like Exclusively Panamato find properties, as they have the expertise and network.

Thoroughly research properties, including their legal status, potential development plans, and any restrictions. We assist you to find only the right options so we save you time and money.

Yes, it is legal for foreigners to own titled property in Panama in their personal names, although in some cases it may be convenient to hold property in the name of a Panamanian corporation We help you througout all legal support next to our legal consultants, where there are multiple owners for example, or if the property is being used for a business such as a real estate development, restaurant, or other commercial activity.

Please contact us for a quote. We offer you a complete service including legal, notary, and public registry costs.

Yes, The law does not require a buy/sell contract to be in Spanish to be legally enforceable, however, if there is ever a dispute over the transaction in a court of law in Panama, then the court will require that the contract be translated to the Spanish language by an official (licensed) translator of that language.

Property taxes apply to properties with a registered value over $30,000, with a cap of 2.1% for properties valued over $75,000.

Panamanian citizens, residents, and non-residents are taxed only on their Panama source Income. Regardless of nationality or residency status, you are not required to report worldwide income for Panama taxation.

It is standard practice in Panama for the seller to pay for the 2% title transfer tax, and the 3% advance of capital gains tax, however, in some cases, this is open to negotiation.

No. Inheritance taxes have been completely abolished in Panama.

The principal incentives for the development of real estate projects in special tourism zones are contained in Law 80 of November 8 th , 2012. Additionally, from time to time, the government enables an incentive of real estate tax exemption for up to 20 years for new constructions, but to confirm if it is currently available, please contact us for more information

Coronado is one of the favorite places for expatriates to live in Panama since it is a community that since the 70s has provided beach shelter to Americans who lived in the country, over the years it has become a beach community with greater development, it has the same businesses that are found in Panama City, banks, schools, hospitals, restaurants, shopping centers, hotels, cinemas, nightclubs among others, added to its proximity to Panama City that is just 50 minutes driving from the city.