House Panama City (Panama) Price: $ 1,400,000 USD

• Euro (€ EUR)
• American Dollar ($ USD)
• British Pound (£ GBP)

Bedrooms 4  Bathrooms 5  Land 719 m²

LIVES IN COCO DEL MAR, SAN FRANCISCO! CENTRAL LOCATION! LUXURY HOUSE - FOR SALEDid you know that permanent residence in Panama is possible through real estate investment? See below how with ITHLUX!LUXURY HOUSE IN COCO DEL MAR!Close to you, close to everyone!This magnificent luxury house has 4 bedrooms, 4 and a half bathrooms, maid's room and bathroom, closed kitchen with breakfast area, 3 parking spaces, swimming pool, covered rear terrace, garden and a spectacular direct view of the sea. Includes complete white line.It is located in Coco del Mar in one of the most renowned neighborhoods in San Francisco.It has an unparalleled and safe location, it is very close to main roads such as Calle Cincuentenario, Vía Israel and access to the South Corridor, close to schools, a variety of supermarkets, restaurants, banks and shopping plazas such as Multi Plaza, Street Mall, close access to public transportation, among many other things.Consult us! Take advantage of this opportunity and book your visit now or ask for additional information!PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH INVESTMENT IN REAL ESTATEDid you know that permanent residency in Panama through real estate investment is possible?Executive Decree 722 of October 15, 2020, created a new category of permanent residence for economic reasons. Through this program, the applicant can become a permanent resident by making a qualified investment in Panama, including the following options:- Real estate: Invest US$300,000 dollars (until October 2024), or US$500,000 dollars later, free of liens.- Real estate projects in pre-sale: sign a purchase and sale contract for the sum of US$500,000 or more, free of liens.ITHLUX and our team of professionals offers you several real estate projects that qualify for the program, in addition to providing you with the complete package to support you and your family in this process (legal, immigration, tax/accounting, insurance, among others). Consult us! Take advantage of this opportunity and book your visit now or ask for additional information!Why live or invest in Panama?1 - Stable economy with the US dollar as currency. Second largest economy in Central America and the fastest growing economy. Second most competitive economy in Latin America according to the Global Competitiveness Index of the World Economic Forum.2 - Strategic, privileged geographical location free of natural disasters, located on the isthmus that connects North and South America, bordering Costa Rica, Colombia, the Caribbean and the Pacific Ocean, with a tropical climate throughout the year.3 - International banking and financial center: strong banking system - in the last 20 years, mergers, transformations and incorporations of new banks have regulated and resized the sector. Panama is today one of the most important financial centers in Latin America and the world.4 - The territorial tax system that exempts income obtained outside the country from taxes is the main attraction for companies and individuals from around the world to find a tax solution in the country.5 - Political and legal stability. Panama's legal system was developed to encourage, support and protect foreign investment. The Constitution of Panama and the Foreign Investment Law grant the same rights and guarantees to foreigners in matters of property, investment and trade.6 - Excellent quality of life and security. It is among the cities in the world with the highest quality of life, in addition to being one of the five best places to retire in the world.7 - Medical services with high technology and international prestige, world-class communications infrastructure and excellent private schools.8 - Panama is the Logistics Hub for Latin America and the Caribbean, by air, land and sea - World-class logistics platform, operating directly with 152 ports and 54 countries, being the gateway to Latin America.9 - More than 5% of world trade transits through the Panama Canal, with 160 client countries and 144 maritime routes, obtaining great profitability and attracting investors from all over the world, particularly from the real estate sector. GDP is expected to grow by almost 20% as the Panama Canal expands and the resulting increase in traffic and new flows of ore, gold and copper, driving growing demand for real estate.10 - Tocumen International Airport: it is the largest and busiest airport in Central America, with flights to 89 destinations.11 - Stable real estate business - Investing in real estate quoted in dollars continues to be a safe investment bet. The real estate industry offers a wide range of projects with a price/quality ratio well above average and with great growth prospects.12 - Panama has a diversified special visa plan that allows tax exemptions for foreigners who reside or invest in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to Panamanian residence and citizenship: Africa of the South, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Cyprus, South Korea, Costa Rica, Croatia, Denmark, Slovakia, Spain, United States of America, Estonia, Finland, France, Greece , Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, Norway, New Zealand, Netherlands, Paraguay, Poland, Portugal, United Kingdom, Czech Republic, Serbia and Montenegro, Singapore, Sweden, Switzerland, Taiwan, Uruguay.