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Worldwide Medical Insurance News: Panama real estate 'is good investment'

Expat insurance customers may wish to consider purchasing real estate in Panama.

The country "offers an attractive blend of developing world opportunity and first world security", ThePanamaReport.com founder Matt Landau explained.

He claimed the investment opportunities for properties are "tremendous", with recently constructed green buildings, a small visa for investors and tax exoneration lasting 20 years some of the reasons why this is the case.

Foreign individuals are provided with the same rights to own land as citizens of the country, the expert continued.

Mr Landau pointed out that the nation uses the US dollar as currency, which is "generally considered a good thing".

Furthermore, the infrastructure is stronger than other places in central America and its geographical position is "extremely connective", he declared.

Inhabitants of Panama are usually Caribbean Spanish, with English a common second language spoken by professionals, West Indians and businessmen.

The literacy rate is over 94.5 per cent and there are 88 higher education institutions in the country.

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