Investing in Real Estate in Panama (video)

Melissa Darnay is an American real estate expert who moved to Panama in 2012. She started a company called Choose Panama. It helps people find homes or rental properties in Panama. In a chat with John Golden from Sales Pop and Pipeliner CRM, Melissa shared tips for anyone considering buying property in Panama.

Here’s a simple guide based on her expert advice.

Why People Are Buying Homes in Panama

Melissa says Panama is a great place to live and invest. Here’s why:

• Great Weather: Panama is warm and sunny all year.
• Beautiful Nature: It has beaches, mountains, and rainforests.
• Strong Economy: Panama uses the U.S. dollar, which helps keep things stable.
• Fast Internet: Great for people who work online.
• Safe and Friendly: Panama feels safer than many U.S. cities. It also has a large community of people from other countries.

Is It Easy to Buy Property in Panama?

Yes! Melissa says the process is simple, especially for Americans.

• Short Contracts: Only about four pages.
• English and Spanish: Contracts are in both languages.
• Less Stress: People trust each other more, so deals are smoother.

What Kinds of Visas Are Available?

Here are two good visa options:

1. Friendly Nations Visa: You can live and work in Panama.
2. Pensioner Visa: Good for retirees. Offers discounts on travel, healthcare, and more.

Where Should You Buy?

You can buy property almost anywhere—just not within 10 kilometers of a border.

Melissa says the best place to invest is Panama City. It’s like the “Manhattan” of Panama.

• Busy City: It has banks, big companies, and lots of jobs.
• High Demand: People rent fast, so it’s great for income.
• Good Deals: You can find properties for around $250,000.
• Senior Living: There’s also growing demand for places older adults can live independently.

What’s It Like to Live in Panama?

Living in Panama can be very affordable.

• Low Costs: Insurance is cheap, and there are no major natural disasters.
• Beach Homes: You can buy beachfront condos for about $200,000. Many have pools, gyms, and restaurants.
• Stable Government: Panama is politically and economically stable.

Getting Around and Managing Your Property

• Driving: Melissa says driving in Panama is easy, especially if you’ve lived in a city before.
• Car Services: Mechanics can even come to your home!
• Property Management: Melissa’s company can take care of your property. They help with renting it out and handling guests.

Final Thoughts

Panama is a smart place to invest in real estate. You get good weather, low living costs, and a safe place to live.

Our Host

John is the Amazon bestselling author of Winning the Battle for Sales: Lessons on Closing Every Deal from the World’s Greatest Military Victories and Social Upheaval: How to Win at Social Selling. A globally acknowledged Sales & Marketing thought leader, speaker, and strategist, he has conducted over 1500 video interviews of thought leaders for Sales POP! online sales magazine & YouTube Channel and for audio podcast channels where Sales POP! is rated in the top 2% of most popular shows out of 3,320,580 podcasts globally, ranked by Listen Score. He is CSMO at Pipeliner CRM. In his spare time, John is an avid Martial Artist.