Panama has become a popular destination for real estate investors, attracted by its economic stability and tax benefits. However, before diving into rental property investments, especially short-term rentals through platforms like Airbnb, it’s essential to understand the legal framework in place.Reg...
Read moreA mortgage-backed loan is a financing option that allows a borrower to use a property as collateral to obtain a loan. Unlike a standard personal loan, where the amount is typically limited and interest rates are higher, a mortgage-backed loan allows access to larger amounts with more favorable repay...
Read moreIn an effort to make homeownership more accessible for the working class, the Panamanian government has implemented and extended laws providing preferred interest rates on mortgage loans. This initiative is designed to benefit middle-class families who might not otherwise receive significant financi...
Read moreThe Special Fund for Interest Compensation (FECI), funded through a 1% annual interest surcharge on mortgage and commercial loans exceeding $5,000, plays a crucial role in Panama's financial landscape. Enacted by Law 4 of 1994, FECI is overseen by a commission comprising the Ministry of Economy and...
Read moreWe selected the name 'Hipotekya' as it embodies the fusion of two significant elements. Firstly, 'Hipoteca' in Spanish, meaning 'mortgage,' forms the cornerstone of our business, emphasizing our focus on mortgage solutions and real estate financing. Secondly, 'ya,' translating to 'now' in Spanish, u...
Read moreCurrently, there are various offers in the country through which you can access a mortgage loan. However, finding a bank that provides the credit you need and also fits your purchasing capacity can be a cumbersome process. That's why we've compiled a top 10 list of banks in Panama that you can consi...
Read moreHouse for a mortgage loanSecuring a residential mortgage in Panama as a foreigner presents a departure from the familiar processes in North America. Unlike North American lenders who prioritize credit history and ability to pay, Panama's mortgage lenders place emphasis on the loan-to-value ratio and...
Read morePanama stands out for its strategic geographic location, serving as the point of connection between North and South America, as well as between the Atlantic and Pacific oceans. This unique position positions Panama as the commercial hub known as the "Hub of the Americas".The country's political and...
Read morePanama flagThinking about relocating to Panama? With its breathtaking landscapes, vibrant culture, and diverse range of neighborhoods, Panama offers an exciting opportunity for expats seeking a new adventure. But with so many options to choose from, finding the right neighborhood can feel overwhelmi...
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