Real Estate in Panama

Panama is fast becoming an extremely popular country in which US citizens seek to retire. A number of factors have stimulated demand including the warm climate, lower cost of living, incentive program for retirees and a US dollar based economy. In addition, the economy is experiencing sustained growth (GDP growth of 6.5% in 2005) leading Fitch, the international rating agency, to mark Panama 's long-term foreign currency at a healthy 'BB+' rating. Coupled with tourism growth of 10.3% in 2005, these factors are encouraging overseas citizens to consider Panama as the location for real estate investments. At Sunshine Estates, we partner with local agents and developers in order to provide local knowledge together with the best selection of real estate investments in Panama.