• About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe
No Result
View All Result
Live and Invest Overseas
FREE REPORT
BEST PLACES TO RETIRE
*No spam: We will NEVER give your email address to anyone else.
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • Top Destinations
      • Portugal
      • Panama
      • Belize
      • France
      • Colombia
      • Dominican Republic
      • Thailand
      • Mexico
      • Spain
      • Argentina
    • Browse All Countries
    • Best For
      • Retire Overseas Index
      • Health Care
      • Cost of Living
      • Investing in Real Estate
      • Editor’s Picks For Retirement
      • Establishing Residency
      • Starting an Online Business
      • Single Women
      • Playing Golf
  • BUDGETS
    • Super Cheap ($)
      • Cuenca, Ecuador
      • Chiang Mai, Thailand
      • The Philippines
      • Las Tablas, Panama
      • Granada, Nicaragua
    • Cheap ($$)
      • Algarve, Portugal
      • Medellin, Colombia
      • Boquete, Panama
      • Carcassone, France
      • Buenos Aires, Argentina
    • Affordable ($$$)
      • Abruzzo, Italy
      • Barcelona, Spain
      • Las Terrenas, Dominican Republic
      • Puerto Vallarta, Mexico
      • Costa de Oro, Uruguay
    • Luxury On A Budget ($$$$)
      • Ambergris Caye, Belize
      • Paris, France
      • Panama City Beach Area
  • Real Estate
  • ARCHIVES
    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore Diversification
    • Our Latest On Coronavirus ⚠️
  • Making Money
    • International Real Estate
    • Banking
    • Employment
    • Investing
  • CONFERENCES
  • BOOKSTORE
No Result
View All Result
Live and Invest Overseas
No Result
View All Result

The Real Estate Market In Panama Is Recession-Proof, Take Advantage Of It Now

What The Global Pandemic Means For Panama’s Property Market—What Every Investor Needs To Know

Kathleen Peddicord by Kathleen Peddicord
Nov 27, 2020
in Investing, Panama, Real Estate
0
Panama City, Panama.

iStock/hanohiki

219
SHARES
3.1k
VIEWS
Share on FacebookShare on Twitter

We believe real estate is the best asset you can hold to protect and grow your wealth.

We believe that more right now than ever.

And, as we look around the global landscape as this extraordinary year comes to a close, Panama continues to stand out as our #1 pick for property investment in Latin America.

Other former property markets worldwide imploded during the Great Recession.

Why didn’t Panama fall to the same fate?

I can identify five reasons:

1. The Diversity Of The Market

Diverse market concept.
iStock/metamorworks

First, this market was not made and is not supported by Americans, at least not 100%. This market was also made by South Americans, Asians, and other Latino investors looking for safe haven for their capital. Panama continues to offer this, certainly relative to other regional options.

2. Panama Is A Corporate Hub

Headquarters of Nestlé.
iStock/gopixa

Second, Panama is not only a safe haven for worried investors from less free markets, it’s also the top doing-business haven in this part of the world. Big international firms (more than 40 of them, including Dell, 3M, Procter & Gamble, Caterpillar) have targeted this country, especially Panama City’s Panama Pacífico International Business Park located at the former Howard Air Force Base.

3. Foreign Labor

Cheerful business team having morning.
iStock/Prostock-Studio

Third, Panama’s own infrastructure improvement projects (such as the recent Panama Canal expansion… the Cinta Costera Panama City-center thoroughfare… the Panama City metro expansion… and the nearly doubling in size of the already bigger-than-any-other-airport-in-the-region Tocumen International) have required a big and ongoing influx of foreign labor. This foreign labor population is an important and expanding piece of this country’s economy.

4. The Ever-Growing Middle Class

Modern townhouses in Panama near Chitre.
iStock/MarcPo

Fourth, over the past half-decade, the middle class in this country has been exploding in size, creating ever-expanding local markets.

5. The Market Doesn’t Relies On Holidays Rentals 

Couple Arriving At Summer Vacation Rental.
iStock/monkeybusinessimages

And, fifth, one giant advantage of Panama’s property market is that it does not rely on holiday rentals… unlike just about every other beachy destination out there.

How is that possible?

Among other reasons, Panama boasts strong immigration from North America, Europe, and Latin America. This country is a genuine land of opportunity for Latinos (a place where they can earn U.S. dollars), and it’s a top overseas retirement haven—a place where folks from rich countries (including but not limited to the United States and Canada) can live better for less.

In addition, thanks to its central location and stable government, Panama is also Latin America’s corporate hub, home to headquarters for the region’s multinationals, including 3M, John Deere, IBM, Dell Computers, Nestlé, Panasonic, Adidas, Nike, Under Armour, and many others.

That’s tens of thousands of people who need short- and long-term housing.

Panama is a proven recession-proof market. This country has seen strong, sustained GDP growth of as much as 12% per year over the past 10 years, The country even saw growth in the years prior, during the Great Recession.

What about right now, during this year of the pandemic?

The market is soft… creating, we believe, a buy-on-the-dip opportunity.

No question, Panama’s property market will again recover quickly, once the current crisis situation has passed… just as it did in the wake of 2008’s Great Recession. The underlying fundamentals for this country are as strong as ever… meaning we’re as bullish as ever on this country as an investment market as we’ve ever been.

Indeed, again, we’re doubling down.

Sincerely,
Kathleen Peddicord
Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Comments

Tags: 'invest in panama''investment''panama city''real estate'InvestPanamareal estate in Panama
Share88Tweet55
Previous Post

What Makes Living In Panama A Wonderful Experience

Next Post

How You Can Earn Income To Fund Your Retirement Overseas

Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

Related Posts

Bahai temple in Panama.
In Focus: Panama

Two Distinct And Divine Temples In Panama City

by Deryl Fisher
April 2, 2021
0

The first time I saw the Baha'i Temple in Panama City it made an impression... Painted brilliant white and shaped...

Read more
Praia da Luz, Portugal.

Independent Living Communities: Retire In Style Or Earn A Profit

April 1, 2021
Bocas del Toro, Panama.

Bocas Del Toro: Calypso Life On Panama’s Caribbean Coast

April 1, 2021
Golf field in Cyprus mountain village.

The Best Golf Destinations Overseas For A Property Investment

March 10, 2021
Praia dos Aveiros Beach, Algarve, Portugal.

11 Reasons Why Living In The Algarve Region Has No Match

March 7, 2021
Cost Of Retirement In Portugal vs. Panama

Cost Of Retirement In Portugal vs. Panama

February 24, 2021
Panama City. Panama.

Why Panama’s Economy Continues To Boom

February 23, 2021
Next Post
Senior Couple Walking With Pet Bulldog

How You Can Earn Income To Fund Your Retirement Overseas

A world full of fun, adventure, and profit awaits! Sign up for our free daily e-letter, Overseas Opportunity Letter, and we'll send you a FREE report on the 10 Best Places To Retire In Style Overseas Today.

Start Your New Life Today, Overseas

Get Your Free Panama Report Today!

​​Simply enter your email address below and we'll send you our FREE REPORT - 101 Things You'll Wish Someone Had Told You About Panama.
 

how to retire overseas

LIOS Resources


  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs

Quick Links


  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE report: The 10 Best Places To Retire Overseas In 2021

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • Unsubscribe

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

No Result
View All Result
  • Home
  • Countries
  • Budgets
  • Archives
  • News
  • Events
  • Bookstore
  • Newsletters
  • About Us
  • Members Area
  • Contact Us

© 2008-2021 - Live and Invest Overseas - All Rights Reserved.

WANT TO RETIRE OVERSEAS?

Sign up for our free daily e-letter, Overseas Opportunity Letter, and we’ll immediately send you a free report on the 10 BEST PLACES TO RETIRE in style overseas. Each day you’ll learn about the best opportunities for international living, retiring overseas, offshore diversification and asset protection, and investing in real estate around the world.

Get Your Free Panama Report Today!
 

​​Learn more about ​​​PANAMA and other countries in our free, daily Overseas Opportunity Letter​​, as well as our ​In Focus: ​Panama ​newsletter​​​​​​. Simply enter your email address below and we’ll send you our FREE REPORT – ​​​101 Things You'll Wish Someone Had Told You About Panama.
 

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.