Panama and the Dominican Republic an undisputed real estate choice for 2024

  • Foreign investment is essential for development, it drives economic growth by providing fundamental resources for technology, employment and competition, thus improving the quality of services, processes and products.
  • Two Caribbean destinations stand out for their tourism and residential opportunities, as well as their financial stability, attracting investments with a minimum entry of $100,000 in foreign real estate.

Bogotá, January 2024. In 2021, after the impact of the pandemic, real estate investments reached 1.3 trillion dollars, experiencing a notable increase of 38%. The coasts of the Caribbean Sea, particularly in the countries of Panama and the Dominican Republic, were preferred destinations thanks to benefits such as tax exemptions and exclusive designs, generating returns of up to 12% and 13% annually in special projects.

Although different, both countries provide a business environment that uniquely meets the needs of businesses. Panama stands out with top-notch trade incentives, backed by outstanding infrastructure and stable policy.

Investment security is paramount for investors, who look to countries like the Dominican Republic and Panama, with free trade zones and strengthened key sectors, such as tourism, technology, manufacturing and financial services, to ensure capital growth and protection of assets. profits even in adverse conditions.

Both countries present attractions for investors that go beyond conventional tourism. Its strategic location is complemented by facilities for the mobilization of capital, equal treatment for local and foreign investors, as well as the possibility of obtaining citizenship with its respective benefits.

“Panama stands out with a robust financial system that is home to 85 entities. Both countries offer varied real estate projects, from luxurious apartments to retirement condominiums with exclusive amenities, and middle-class residential developments,” says María Camila Zapata, real estate investment expert at Investing Latam.

Investing Latam offers comprehensive advice on foreign investments. From financial advice to legal issues, they provide complete support to guarantee the right choices in personalized real estate projects.

It should be noted that these sample definitions of market dynamism contrast with the performance in other countries such as Colombia and the United States. In Colombia, the sale of new homes fell, according to Camacol figures, by 53% in the first half of 2023 compared to the same period of the previous year; In the United States, for its part, prices have increased by more than 15% between 2021 and 2022, making investments less profitable.

A solid choice for 2024

An important part of the attractiveness of Panama and the Dominican Republic as sources of investment is the legal and tax benefits for investors. The laws of both countries are designed with a view not only to attracting investments, but also to ensuring that they are maintained and can become permanent over time.

Panamanian legislation offers significant benefits, such as visas and residence permits for qualified investors with a minimum investment of $300,000, putting them on par with Panamanian citizens. The country's notable economic growth, exceeding 19% in 2021, creates outstanding opportunities in the acquisition of real estate, whether for personal use or as a rental investment.

In the Dominican Republic, real estate investments enjoy tax exemptions for 15 years on rental income, capital gains, property transfers and possession. With an average annual return on investment (ROI) of more than 8% in rentals, the island is presented as an ideal terrain for investments with low risk and high profitability. Outstanding projects reach responsibilities that exceed 8 % annually, according to Zapata.

“In recent years, after the pandemic, attention has focused on valuing the Panama Pacifico area, on the outskirts of Panama City. This trend has made investing in real estate an attractive option. The combination of a growing environment, developing infrastructure and the growing demand for residential and commercial properties has consolidated Panama Pacífico as a hotspot for investors, marking a new chapter of expansion and profitability in the region,” says Zapata.

Investing Latam offers investment opportunities starting at $100,000, focusing on properties in Bogotá, Panama and the Dominican Republic. Their personalized approach guarantees the best deals on new or used homes. In addition, they inform their clients, including nationals abroad and foreigners, about the growing investment options in Colombia, ranging from the hotel and tourism sector to various business opportunities in the country.

Work team:

Cynthia Paggi
Panama City (Panama)
+507 6478-3279
realtor.paggi@gmail.com

Eduardo Matos
Margarita Island (Venezuela) – Panama City (Panama)
+58 412-0257530
matoseduardo02@gmail.com

Maria Victoria Ruge
Logroño (Spain) – Panama City (Panama)
+34 655 56 62 37
ikigaiprofit@gmail.com

María Camila Zapata V.
Director Investing Latam Colombia
Bogotá – Panama City – Punta Cana
+57 3185484451
camila.zapata@investinglatam.com

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms
Scroll to Top