Investing In Panama Real Estate Projects Avoiding Frauds.
Panama is famous for its strategic location within the American continent and its high rate of economic growth, therefore it is considered a good location in the world when thinking of profitable investments. However, several foreign investors have been affected by some real estate projects that had made contractual commitments and then failed to comply.
If you lack the experience and knowledge of the real estate market in Panama then you’d better ask for the help of serious lawyers. In fact, some deceptive real estate agents, or people who call themselves real estate project agents, stipulate unclear contractual clauses or might even deliver you a property of a different square meter or an apartment on a different floor than the one contracted.
Investing in Panama is a good solution, especially for European investors who are targeted by the aggressive tax system of their country. Panama has a stable and competitive economy, as Switzerland Investors confirmed this year; the US dollar is the national currency, albeit called Balboa; the tax system is favorable, with a 10 to 25 year property tax exemption; and has a large number of banks who can provide loans and mortgages to real estate buyers.
Nowadays, if you want to be investing in Panama real estate projects avoiding frauds and without moving from your home town, ISOG lawyers and attorneys at law can offer you all the legal services necessary to start investing in Panama in a safe way. In case you have already made your investments and are experiencing problems, ISOG lawyers and attorneys at law can support you with litigation services.