If you are seeking international investments and you can to invest for the long term, Panama is a country that is both a high risk/ high returns investment in the long term. Panama’s economy is accelerating and it, is a great place as far as holiday destinations go and it is currently considered a stable investment environment. It’s proximity to North America is also another benefit for the North American investor.
There are several things to consider when it comes to overseas property investment. An investor must consider several factors when deciding on their goals from property investment, the length of time they are willing to wait for returns from the investment, especially when they are considering international investment.
There are several different types of real estate investors. There is the person who is looking for a vacation property where they can spend their vacations and then perhaps rent out the house when they are not there. This type of property is purchased and mortgage payments are assisted by the rental income. The property to be bought must be suitable for the person that buys and also in a destination that they want to spend their vacation and there must also be a strong rental market in the location.
Another type of investors are the long and short term investors. Short term real estate investors are looking for properties that will increase in value quickly. The location must be ideal and there will be many buyers down the road in a couple of years.
Panama does not seem to have shared the same experience as the rest of the world during the current recession. The International Monetary Fund (IMF) has predicted that their economy will increase by 3% this year. This growth is a result of Panama’s service sector, tourism, the banking industry and the Panama Canal expansion project. Because of Panama’s position geographically as a “bridge” between North and South America and the Panama Canal which is the only waterway between two oceans, the country is strategically placed for trade. Many companies can visualize the benefit to setting up offices in Panama. By the time the Panama Canal project is completed in 2014, the Panamanian economy is expected to gain increased momentum.
For Americans, Panama has become a retirement destination in the same way that Spain once was for people from the U.K. It is predicted that Panama real estate property will grow to two to fives times in value in the next five to 15 years. Not bad news for those considering investing in Panama.
