{"id":733,"date":"2025-01-14T05:34:27","date_gmt":"2025-01-14T05:34:27","guid":{"rendered":"https:\/\/www.limayasociados.com\/?p=733"},"modified":"2025-06-04T21:23:55","modified_gmt":"2025-06-04T21:23:55","slug":"obtain-a-real-estate-property-in-panama","status":"publish","type":"post","link":"https:\/\/limayasociados.com\/en\/obtain-a-real-estate-property-in-panama\/","title":{"rendered":"GET A PROPERTY IN PANAMA"},"content":{"rendered":"<p>The Republic of Panama is a country with a privileged geographic location: we have access to both oceans, quick connections to both the northern and southern hemispheres, and our official currency makes all kinds of business transactions seamless.<\/p>\n\n\n\n<p>Whether you\u2019re planning to make Panama your new home or simply looking to invest in a second property, citizens from any country can buy real estate here\u2014and you don\u2019t even need to be a legal resident to do so.&nbsp;<\/p>\n\n\n\n<p>In Panama, you can purchase titled property (which is the most recommended) or what\u2019s known as possessory rights. A large portion of land outside the capital remains untitled, meaning the land is technically owned by the government, and what you\u2019re acquiring is the right to possess and use it.<\/p>\n\n\n\n<p>The main difference between titled property and property held by possessory rights is the timeline. A titled property transaction can take 60 to 90 days, while a possessory rights process may take a minimum of three years to complete.&nbsp;<\/p>\n\n\n\n<p>No transaction is finalized without a proper purchase agreement, its registration with Panama\u2019s Public Registry, and the payment of applicable taxes\u20142% for the transfer of property and 3% capital gains tax.<\/p>\n\n\n\n<p>Once you\u2019ve acquired a property, you can make improvements to it, but all changes must be properly declared to the relevant authorities.&nbsp;<\/p>\n\n\n\n<p>Most importantly, make sure you have the support of a licensed real estate agent and a trusted legal advisor. They\u2019ll walk you through every step of the process so you can confidently secure the property of your dreams.<\/p>\n\n\n\n<p>Don't speak Spanish? No problem!&nbsp;<\/p>\n\n\n\n<p>You don't speak Spanish? Don't worry, we speak your language !<\/p>","protected":false},"excerpt":{"rendered":"<p>La Rep\u00fablica de Panam\u00e1 es un pa\u00eds con una ubicaci\u00f3n geogr\u00e1fica privilegiada: tenemos acceso a ambos mares, nos conectamos r\u00e1pidamente con el hemisferio norte o sur y nuestra moneda de curso legal facilita todo tipo de transacciones comerciales. Ya sea para hacer de nuestro pa\u00eds tu nuevo hogar o bien tener una propiedad adicional, los [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"_joinchat":[],"footnotes":""},"categories":[10],"tags":[],"class_list":["post-733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-derecho-inmobiliario"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/limayasociados.com\/wp-content\/uploads\/2025\/01\/registro-de-mejoras-1920x1080-1.webp?fit=1920%2C1080&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/posts\/733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/comments?post=733"}],"version-history":[{"count":0,"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/posts\/733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/media\/1583"}],"wp:attachment":[{"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/media?parent=733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/categories?post=733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/limayasociados.com\/en\/wp-json\/wp\/v2\/tags?post=733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}