Why invest in Panama     The influx of international capital after Panama recuperated control over the Canal has made it so that Panama is living an economic growth and political stability without precedence. The increment of prices in the real estate sector is not due to speculation, but to a fundamental growth sustained of over 9% annually during the last 4 years. The most significant data referring to the economy of Panama is based on the expansion of the Canal, a monumental building site that is estimated to cost almost 6 billion dollars and will bring close to 300,000 new jobs in the next 5 years. The numbers of the touristic sector do not leave room for doubt concerning the growth of this sector, growing over 20% annually. More and more, the principle world tour operators are beginning to offer touristic packages to Panama. In the next 5 years, we will see the beginning of a whole generation of retirees (70 million) from North America; known as Baby Boomers. Many of them have already started to invest in Panama due mainly to the fact that traditional retirement destinations (Florida) are too expensive. Panama offers them a low cost of living, first class quality health care at very reduced prices, and lifelong fiscal exemptions, and the possibility to reside there permanently. Data about investment in Panama: -Prices in the real estate sector that are still very low compared to other countries in its group. -Easiness for the investment and the repatriation of funds, like for example the development of businesses, together with low taxation, and low cost of services. -The building of new infrastructures like the new Panama Canal, with more than 5 billion dollars of investment or the remodeling of Balboa Avenue in the capital (291 million dollars). -The increase of air traffice from Europe to the United States. Airlines like KLM and Iberia unite Panama and Europe on a daily basis. -The strategic center of businesses of the Americas. Panama has the second largest free trade zone of the world (after Hong-Kong), the free zone of Colón. -The beginning of the development of the Panamanian Caribbean. A unique opportunity to enter into a market in its first stages of development, the main hotel chains of the Caribbean are buying land in the Caribbean for touristic development, a precursor to real estate investment. -A world banking center. Almost 80 international banks have branches in Panama, an unmistakable sign of stability and security.       Investments in Spain, Brazil, Dominican Republic and Panama. Email: info@livalia.com © Copyright 2008 Livalia Overseas Investments, S.L. *All the properties are bought in local currency. The prices in pounds are calculated using daily currency rates.