If you’re looking to buy real estate in Panama, but you want to be outside of the city, or if you want a cooler climate while still keeping the tropical mystique, then the Chiriqui Province is the place for you to purchase real estate in Panama.
The Chiriqui Province is the most developed province in all of Panama, with the city of David as its Capital. Chirqui’s local government is modeled after the United States, so visitors from the US feel very comfortable here. Chriqui is also the largest agriculture center in Panama, and the ecotourism in the highlands of the Chiriqui province is very popular, with its unspoiled natural wonders. It’s a great place to find an incredible piece of real estate in Panama.
Real estate in Panama’s Chiriqui Province benefits from the same progressive laws as the rest of Panama, where new construction is free from annoying property taxes for up to 20 years and mortgages of $62,500 are subsidized with home owners paying a maximum of three percent interest. Foreign residents who purchase real estate in Panama are subject to the exact same laws and benefits as citizens of Panama. Acquiring residency in Panama is very easy, both for retirees and “persons of means” who purchase property or a CD at a Panamanian bank with an investment that totals about $200,000.
You’ll find when you’re looking for real estate in Panama, that Panama has the best roads, ports, airports, and telecommunications in Latin America. Also, US investments are the highest per capita in Latin American in Panama. You’ll find friendly people, especially in Chiriqui, when visiting Panama, which is just another great reason to buy real estate in Panama.
Chiriqui is a great place to live in Panama, and real estate in Panama comes with some great bargains in a variety of different settings all over the country. You can find beautiful farmland, incredible Pacific coast spots, and breath-taking mountain views that attract ecotourism from all over the world. If you purchase a piece of real estate in Panama, especially in Chiriqui, you could have some of these natural wonders at your doorstep, and you’ll be able to enjoy them every day in Panama.
The key to real estate in Panama is its diversity and incredible variety. You can really find pieces of real estate in Panama that fits any need you can think of, and many more that may surpass your wildest dreams. If you’re going to look for real estate in Panama, check out places like the Chiriqui Province to get an idea of what can be available outside of the city.