5 European Investment Reasons For Panama
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5 European Investment Reasons For Panama

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5 European Investment Reasons For Panama 5 European Investment Reasons For Panama Document Transcript

  • 5 European Investment Reasons For PanamaI remember vividly a time when real estate within Europe was hot. I was studying economics inMadrid and my professor, a German guy called Knut, described homes and condos because amazinglike mouthwash. But since then, many of those great investments possess disappeared like an hippoin a Houdini behave , and today, Europes investors are looking to Panama for answers.1. A powerful currency: With the dinar recently flirting close to record highs from the US dollar,europeans are clearly much more inclined to invest overseas. Using online companies and a plethoraassociated with international banks, purchasing Panama is even being done from the luxury of home,with several PR companies and satellite companies opening up shop in several major Europeanmetropolitan areas.2. The ancestry of traditional tax havens: Places such as Lichtenstein and Luxemburg, once notabletax havens in europe are now under fire and with the EU demanding bank secrecy laws andregulations to be changed concerning tax evasion, citizens are looking desperately for new , safelocales to put their money. Panama, as an offshore refuge, shows up as a gleaming blip on theseradars.3. The conditioning of European areas : Once-booming investment marketplaces , specifically inEastern europe have now leveled away , to the point that in some cases , real estate earns just onebank deposit. An area , not but 5 years ago, deemed to become one of the hottest real estateprospects in the world, has become overheated; these investors are looking for a new spot on themap to obtain in early, and are embracing Panama.4. Knowledge : While rural areas like Las Tablas (Los Santos) might not have too many similarities foryour everyday village within Brugge, certain coastal areas do have a tendency to remind Europeansassociated with home. And when you are looking at city living, many flock to Casco Viejo where openplazas and Spanish/French architecture seem to echo the Europe associated with yesterday; beforecosts rose through the roof. While living in the center of the old city might not be monetarily viable anymore within Europe, Casco contrastingly provides these investors with tremendous upside.5. Increased direct flights: With KLM soon to be offering their own new services and IPATencouraging the tapping of this kind of niche European marketplaces , more and more direct flightsinto Tocumen airport terminal are destined to be announced in the near future. This means one ,sometimes several much less legs on the trip that so many europeans are already making towardsthe Republic.When when i first moved to Europe, it was pouring outside so i bought a pint associated with beer in alondon pub for $11. Bad weather and high costs of living are also reasons which countries like britainhave seen more people departing than ever before. Citizens are simply looking elsewhere for anycheaper real estate and a more affordable standard of living.While one might presume this European interest is limited to the investments mentioned above, thatis not the situation. Pre-construction condo product sales in Panama town are seeing a rebirth thanksto Europeans, website owners are registering elevated web traffic from european soil, and travel and
  • leisure businesses are booked thanks to European travel companies reservations for large groups.And while some might have predicted this increase , I doubt anybody would have expected it thisheavy which soon. Better late than never, real estate in Panama is all set to walk within through thegolden stage of prosperity.Costa Rica marketing