Apartment - Panama, Panamá, Distrito de Panamá, Corregimiento San Francisco, TRUMP TOWER - JW MARRIOTT - Punta Pacífica

PERMANENT RESIDENCE AND CITIZENSHIP IN PANAMA THROUGH REAL ESTATE INVESTMENT

Did you know that permanent residence in Panama through real estate 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 qualifying investment in Panama, including the following options:

- Real estate: Invest US$300,000 dollars (until October 2024), or US$500,000 later, free of liens.
- Real estate projects in pre-sale: sign a contract of sale for the amount 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). Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!


TRUMP TOWER - JW MARRIOTT

Punta Pacifica is a neighborhood known for its residential sector in the center of the city with great real estate development. It's one of the city's newest and most expensive major neighborhoods, packed with luxury real estate with stunning views of the Pacific Ocean.

It has the most advanced hospital in the country (the only hospital in Central America in collaboration with Johns Hopkins Medicine International), as well as excellent private schools, many shops, supermarkets and restaurants.

JW Marriott provides residents with a card to enjoy special discounts at different commercial establishments and access to the best restaurants, gym, private infinity pool and comfortable common areas.

APARTMENT:

- 153 m2
- 2 large bedrooms on façade with bathrooms and closet
- Dining room
- Large balcony in living room and bedrooms
- 3 Bathrooms
- Security door
- Individual and visitors garage
- Laundry area
- Full American kitchen with white goods

AMENITIES:

- Spectacular common areas
- Large reception of the building and private apartments
- Executive cafeterias
- Bars
- Restaurants
- Warehouses
- Meeting Rooms and Business Center
- Administration Office
- Community, business, meeting and party rooms
- Marriott Hotel
- Casino
- Terrace with swimming pool attached to the spectacular Hotel
- Jogging area
- Full gym
- Children's area
- Equipped BBQ

RENTAL PRICE:

USD$ 2,200.00

SALE PRICE:

USD$ 520,000.00


Contact us! Take advantage of this opportunity and book your visit now or ask for additional information!


Why live investing in Panama?

1 - Stable economy with the US dollar as currency. Central America's second largest economy and fastest growing economy. The second most competitive economy in Latin America follows the Global Economic Forum's Global Competitiveness Index.

2 - Strategic geographical use, privileged and 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 one of the most important financial centers in Latin America and the world.

4 - The territorial tax system that exempts from taxes the income obtained outside the country, constitutes the main attraction for companies and individuals from all over the world to find a tax solution in the country.

5 - Political and legal stability. Panama's legal system is 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 safety. It is among the cities in the world with the highest quality of life, as well as 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, via 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 a high degree of profitability and attracting investors from all over the world, particularly in the real estate sector. GDP is expected to grow by 20% as the Panama Canal expands and increased traffic and new flows of ore, gold and copper drive growing demand for two roots.

10 - International Airport of Tocumen: is the largest and busiest airport in Central America, with flights to 89 destinations.

11 - Stable Real Estate Business - Investing in dollar-listed real estate remains a safe investment bet. The real estate industry offers a wide range of projects with a price / quality ratio well above the average and with great growth prospects.

12 - Panama has a diversified plan of special visas that allows tax exemptions for foreigners residing in the country, among which the Friendly Countries Visa stands out, with privileged conditions of access to residence and the Panamanian city: South Africa, Germany, Andorra, Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, Cyprus, South Korea, Costa Rica, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hong Kong, Hungary, Ireland, Israel, Japan, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, San Marino, Mexico, Monaco, New Zealand, Norway, Hungary, Paraguay, Poland, Portugal, Serbia and Montenegro, Singapore, Sweden, Switzerland, Taiwan, United Kingdom, Uruguay.