Five reasons to invest in Panama
Panama has established itself as a prime investment destination globally, combining a solid economy with a strategic geographic location and a constantly growing real estate market. With a modern infrastructure and an environment that attracts both multinational companies and expatriates, this country offers endless opportunities for those looking to diversify their portfolio and ensure sustained growth. Below, we explore the five main reasons why Panama should be on the radar of every visionary investor.
- Solid and Growing Economy
Panama has experienced sustained economic growth over the past few decades and continues to project growth of 4.31% in 3Q20 by 2024, according to Fitch Ratings. This reflects the resilience and dynamism of the Panamanian economy.
Attracts foreign investment.
Constant investment in the services sector: This includes banking, tourism, and logistics.
Infrastructure Investments: Continuous improvement of roads, ports and airports.
Pro-Investment Programs: Policies that encourage foreign investment, such as special visas for investors, tax benefits, etc.
Panama has one of the highest per capita incomes in the region, reflecting a more developed economy and a better quality of life compared to many other Latin American countries.
Panama's per capita income in 2022 was approximately USD 17,358, according to the most recent data available from the World Bank. This figure indicates significant growth compared to previous years and highlights Panama as one of the countries with the highest per capita income in Latin America. Economic stability and steady growth in sectors such as services, banking, and logistics have contributed to this level of income.World Bank Data Hub)​
- Strategic Geographic Location
The Panama Canal is a key element in the global trade infrastructure, benefiting both Panama and the global economy by connecting the Atlantic and Pacific Oceans. Furthermore, Panama City is a logistics and digital hub.
- Booming Real Estate Market
The real estate market in Panama shows positive prospects for the coming years, driven by several factors:
Economic Growth
Property Demand: Areas such as Costa del Este, Punta Pacifica, and San Francisco remain in high demand.
Infrastructure Development: New projects and improvements continue to attract investors.
Tourism on the Rise: Increased tourism is driving demand for residential and commercial properties.
Services Sector: Banking, logistics continue to grow.
- Modern Infrastructure and Quality of Life
Panama offers modern infrastructure and an enviable quality of life. With excellent healthcare services, international education, and a cosmopolitan environment, Panama has become a preferred destination for both expatriates and multinational companies.
- Diversification and Growth Opportunities
Investing in Panama is not only a smart decision from a financial perspective, but also a way to diversify your investment portfolio. Opportunities in sectors such as tourism, logistics, culture, and technology are rapidly expanding, offering a horizon of sustained growth.
In short, Panama is not only a beautiful and culturally rich destination, but also an economic powerhouse with exceptional investment opportunities. I invite you to consider Panama as your next great investment. The country's economic advantages, political stability, strategic location, and vibrant real estate market make it an unparalleled option for visionary investors.
Let's make Panama your next successful destination!