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One more thing to consider
Another thing to remember that could have a dramatic effect on real estate prices in Panama are the ever-changing immigration laws. I have been living here for almost six months, minus 80 hours in Costa Rica, and there are new immigration laws going into effect, AGAIN!!!!!! I truly truly hope that Panama does not shoot itself in the foot by turning resident visa's and the 90 day rule into a hardship. The country could quite literally wreck the property values by increasing the amounts for residency or turning the 90 day tourist visa into 30 day. Almost all of Latin America is growing in popularity and has a good future if they want to. Some of the other countries in Latin America are much more liberal with immigration and are not harassing tourists. Panama is a very small part of Latin America.
Last edited by MRWOOHOO; 07-12-2008 at 10:35 AM.
Reason: My Post
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