For everyone who wants to invest sustainably
Economic uncertainties, a turbulent political environment, or a national culture you no longer identify with—have you been considering implementing your Plan B abroad or making a future-oriented investment, and are now focusing on Dubai?
- Have you recognized that Dubai offers excellent conditions for your Plan B?
- Are you looking for a sustainable investment in a secure country?
- Would you like to explore an exciting alternative to Dubai that might align even better with your personal goals?
Then we have something for you: Yes, Dubai is a great destination for realizing your investment.
But why not Panama?
At FRAPAN-Invest, we are one of the market leader for real estate, visas, bank accounts, and Plan B solutions in Panama.. With years of experience, we understand the many advantages Panama has to offer. Both Panama and Dubai have their own unique benefits and appeal. The right country for your investment depends on your personal preferences, needs, life goals, and budget.
We would love to give you the opportunity to get to know us and our services better while answering your questions. Simply book your free introductory call (via Zoom, approx. 20 minutes) and learn more about Visa & Investment in Panama.
Key Takeaways
Dubai is a glamorous international destination with an impressive skyline, luxurious hotels, and world-class shopping. It is known for its extravagant architecture and modern landmarks, offering unparalleled global accessibility and a unique blend of culture, cuisine, and an exclusive lifestyle.
BUT
Panama boasts a more modern infrastructure, an international atmosphere, and a perfect mix of a vibrant metropolis and breathtaking nature. Stunning beaches line both the Pacific and Caribbean coasts, with only 80 km separating the two oceans. Additionally, Panama offers a high quality of life, an array of leisure activities, luxurious real estate, and a diverse culinary scene.
And best of all — the USD is the official currency. For real estate investors and those seeking a Plan B who are considering Dubai, Panama presents a range of attractive advantages. Want to take a closer look?
Dubai or Panama?
Let’s take the journey together
| Dubai | Panama | |
|---|---|---|
| Investments | The UAE is politically and economically stable, offering high security standards. However, some sectors, especially real estate investments, can be overheated and come with risks. |
Panama offers various tax incentives, particularly for international investors. The country follows a territorial taxation system, meaning only locally generated income is taxed. |
| Nature & Tourism | Dubai captivates with unparalleled luxury, featuring record-breaking landmarks such as the Burj Khalifa, desert safaris, beach resorts, and world-class shopping malls. |
Panama boasts diverse natural beauty, including >beaches, mountains, islandsPanama Canal. It offers countless activities for nature lovers and adventure seekers. |
| Currency | Dubai uses the United Arab Emirates Dirham (AED) as its official currency. |
Panama operates with the US Dollar (USD), facilitating international trade and making it a highly attractive destination for investors. |
| Political Stability | Dubai is part of the United Arab Emirates (UAE) and enjoys a stable political environment, governed by a monarchical system. |
Panama has a democratic government with a functioning system of checks and balances, ensuring long-term political stability. |
| Safety | Dubai offers a high level of security and is widely regarded as a safe travel destination. The UAE places a strong emphasis on public safety. |
Panama is one of the safest countries in Latin America, with low crime rates, particularly in tourist areas and upscale neighborhoods in Panama City. |
| Property Ownership | Dubai has a well-established land registry system, ensuring secure property ownership. Foreigners can buy real estate under specific conditions. |
Panama has a clear and legally protected land registry system, which is digitized for transparency. Foreigners can freely purchase and own real estate in Panama. |
| Residency Permits | Dubai offers various residency programs for foreigners, including the Investor Visa and Freelance Visa for self-employed professionals. |
Panama provides several residency options, such as the Pensionado Visa and Investor Visa. The country is known for its welcoming immigration policies, making it an ideal place to establish a Plan B. |
| Economy | Dubai is a leading economic hub in the Middle East, known for its diverse economy, strong financial sector, and thriving tourism industry. |
Panama has averaged over 6% annual GDP growth for the past 20 years. It is a key financial and trade center in Latin America, with a well-developed infrastructure. |
| Cost of Living | Dubai has a high cost of living, with premium real estate, upscale dining, and luxury shopping significantly driving expenses. |
Panama offers a cost-effective lifestyle, with affordable housing, food, and services compared to many Western countries. |
| Banking System | Dubai has a highly developed banking sector and is an international financial hub with a wide range of banks and financial institutions. |
Panama has a strong, well-regulated banking system, internationally recognized for its comprehensive financial services. |
| Real Estate Market | Dubai is famous for its spectacular real estate market, featuring modern skyscrapers, luxury villas, and exclusive residential developments. |
Panama offers a wide range of real estate options, from high-rise condos in Panama City to beachfront and mountain retreats. |
| Healthcare | Dubai provides top-tier healthcare services, with state-of-the-art medical facilities and highly qualified professionals. |
Panama offers high-quality healthcare, particularly in private hospitals in Panama City. |
| Climate | Dubai has a hot desert climate, with extremely high summer temperatures exceeding 40°C. Winters are milder, with daytime temperatures around 20-25°C. |
Panama enjoys a tropical climate, with year-round warm temperatures. The highlands offer a cooler, more temperate environment. |
| Religion | Dubai and the UAE follow Islam as the predominant religion. The country respects Islamic principles, which shape daily life and local customs. |
Panama upholds religious freedom, with diverse faiths practiced. The majority of the population is Roman Catholic. |
| Lifestyle & Society | Dubai offers a luxurious lifestyle in a fast-paced, cosmopolitan society. However, it is important to note that Dubai follows conservative social norms, deeply rooted in Islamic values and traditions. Respecting local customs is essential for a harmonious experience. |
Panama is known for its open, laid-back, and welcoming society. The country embraces democracy, freedom, and human rights and is renowned for its friendly people and diverse, cosmopolitan atmosphere. |
The ideal country for your Plan B depends on your preferences, goals, and priorities. Panama offers a blend of modern infrastructure, stunning natural landscapes, lower living costs, and an open society rooted in Western values. The country promotes democracy, freedom, and human rights, while daily life is characterized by a relaxed and laid-back lifestyle.
Dubai, on the other hand, is known for its glamorous, luxury-driven lifestyle, striking architecture, and international atmosphere. However, it is important to note that Dubai is a conservative, Muslim society where Islamic values play a significant role. Living in Dubai provides a unique mix of luxury and culture, but adapting to local customs and traditions is essential for a smooth experience.
Oh, how beautiful Panama is…
Why Panama?
Profitable, secure, and beautiful: Panama offers a unique combination of advantages, making it an ideal destination for your Plan B. As a major aviation hub with 80+ direct international connections, Panama’s constitution guarantees private property rights and a secure land registry, making it an excellent choice for sustainable real estate investments.
- Democratic government, no military
- One of the world’s fastest-growing economies with 6% average annual GDP growth since 2002
- Official currency: USD
- World’s second-largest free trade zone
- Logistics & trade hub of the Americas
- Real estate transactions follow a familiar process, similar to Europe & the U.S.
- Breathtaking Pacific & Caribbean coastlines, spring-like mountains, and one of the world’s most biodiverse rainforests
Free Introductory Consultation
(20 min. via Zoom)
Get a personal and non-binding insight into our expertise, and have your questions about Plan B & Investments in Panama answered. Book your free consultation online now!
Free Introductory Consultation
Panama Real Estate & Second Residency
Your Investment Opportunities
- Prime residential properties in Panama City’s best locations
- Purchase or restoration of historic properties in the UNESCO-listed Old Town
- Mountain living with access to medical facilities
- Beachfront properties in Panama’s top coastal locations
- Special investment opportunities and land acquisitions
Property Selection
Browse a selection of our properties to get an initial impression. Haven’t found the perfect one yet? Book a consultation today – together, we’ll find the ideal property that meets your needs and expectations.
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Armonia Apartment Complex
- Prime Investment: Apartments of approximately 45-75 m² including an aparthotel concept
- Located in a prime area of Panama City with abundant leisure options
- Close to the waterfront and right in the city center
- Rooftop terrace featuring a pool, barbecue area, lounge, paddle tennis, games room, cinema and more
- Ground floor offers a fitness studio, restaurant, pet shop and co-working space
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Airbnb at the Panama Canal
- Optimal location for Airbnb rentals in Panama City near the Panama Canal
- Apartments ranging in size from 60 m² to 106 m² with prices starting at USD 280,000
- A short walk to the convention center and just 5 minutes by car to the cruise terminal
- Owner-occupancy or Airbnb rental options available, with the purchase price including full furnishings and a parking space
- Construction begins in January 2025, with a 3-year build period, and social areas featuring an infinity pool, fitness studio, restaurant and bar
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Modern Apartments in Casco Viejo
- 20 apartments with 1 to 3 rooms, ranging from 67 to 191 m²
- UNESCO Building: Featuring a modern and bright design with a facade undergoing historic restoration
- UNESCO Tax Incentives: 30 years with no property tax, and 10 years with no income tax on rental income
- Building equipped with an elevator and exclusive rooftop terraces for residents featuring a pool, fitness center and lounge
- Two retail spaces on the ground floor
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"Ocean Reef" - An Island in the Heart of Panama City
- Two man-made islands connected by a marina with 170 boat slips
- "The Palms": 63 apartments including pools, a beach club, restaurant, wellness center & more
- The quality and location of this island property are unique in Latin America, as it is situated right in front of the center of Panama City (connected to the city via a private road)
- The final project of its kind: Only a limited number of plots remain on Ocean Reef
APARTMENT COMPLEX "ARMONIA"
- Located in a prime area of Panama City and just one block away from Avenida Balboa, the " Armonia " apartment complex is being developed with an extensive range of leisure facilities.
- The Bella Vista district and Avenida Balboa are among the most popular neighborhoods in Panama City.
- Just a few steps from the Pacific Ocean waterfront and simultaneously right in the city center with a variety of restaurants, supermarkets, and the nearest metro station just around the corner.
- In the immediate vicinity, you will find the university, the national hospital, the Santo Tomas metro station, and the new REY supermarket.
- Here, apartments are being built in two residential towers, ranging in size from approximately 45m² – 75m².
- Starting at around USD 150,000, this is a rare opportunity to invest modest sums in a prime location near Avenida Balboa, with a top-tier developer.
- Payment installments are based on construction progress, so you do not have to pay the full amount upfront. Construction is scheduled to start in the first half of 2023, with completion anticipated in 2025.
- Panama City continues to attract expats, multinational corporations, and tourists. Small apartments in Bella Vista are always in demand.
- The overall project will also include an aparthotel.
- The Armonia apartment complex offers a variety of social areas.
- On the rooftop terrace, you will find a swimming pool, a barbecue area, a lounge, paddle tennis, a games room, a cinema, and more. The use of these facilities (except for paddle tennis) is free for residents, as they are funded through the monthly HOA fee.
- On the ground floor, there is a fitness studio, a restaurant, and a pet shop. You will also find a cleaning service, a bicycle shop, and a co-working area. All of these services are fee-based.
- These properties in Panama are ideally suited as investments since small apartments are being developed in a fully equipped apartment building located in a highly desirable residential area.
- There are no other small apartments in Bella Vista of this quality!
- Feel free to contact us for floor plans, availability, and pricing information. We will gladly guide you through the entire purchasing process as your qualified partner with many years of experience in Panama's real estate market.
Optimal Properties for an Airbnb
- In Panama City, apartments are being developed in prime locations for an Airbnb near the Panama Canal.
- There will be 1- and 2-bedroom apartments ranging in size from 60m² to 106m²
- Prices start at USD 280,000.
- Prime location for Airbnb—the exhibition center is a 2-minute walk away and the cruise terminal is a 5-minute drive.
- With your purchase, you can apply for your residency permit in Panama. We are happy to assist with this as well.
Key Information about the Luxury Property in Panama City
- Favorable payment terms, with 70% payable only upon completion.
- The purchase price includes a parking space as well as full furnishings, ready for immediate occupancy or rental.
- Construction is scheduled to begin in January 2025, with an estimated build time of three years.
- Social areas featuring an infinity pool, fitness studio, restaurant, and bar.
- A renowned developer with extensive experience in Panama City.
- The Airbnb rental option offers you the opportunity to achieve attractive returns while also allowing for partial (or full) personal use of the apartment.
Prime Location for Your Investment
- Quiet location with direct access to the historic Casco Viejo and the city center of Panama City.
- The apartments and the location are also ideal for personal use.
- Spectacular views of the Panama Canal, the sea, and the surrounding islands.
- A new bridge, opened in February 2024, directly connects the UNESCO-listed Casco Viejo with the city center, making it easy to enjoy all the amenities of both areas.
- A wide range of leisure activities is available nearby.
We Are Here to Support You in Purchasing Your Property in Panama
- Enjoy the tranquility and beauty of the Panama Canal while earning a passive income.
- Many of our clients have already secured apartments, and the number of available units is limited.
- Feel free to contact us for floor plans, availability, and the price list. We will support you throughout the entire purchasing process as your qualified partner with many years of experience in Panama's real estate market.
- Contact us for further information and personal consultation.
- Secure your Plan B in Panama today.
Ocean Reef
- With the help of the German company Bauer, the two artificial islands "Ocean Reef" were created in Panama City, and they are connected to the city via a private road.
- The quality and location of this island property are unique in Latin America, as it is situated right in front of the center of Panama City.
- The two islands are connected by a marina with 170 boat slips.
- The properties and plots on Island 1 are completely sold, while on Island 2 new properties are currently being developed that are also suitable as an investment, as these apartments start at approximately 120 m².
- This is the first time that investment properties are available.
- There has been demand for rental apartments on Ocean Reef, but until now there has been no supply. That is now changing.
- In 2022, construction of a new residential project on Ocean Reef was launched, with many apartments already sold.
- In the project "The Palms", 63 apartments are being developed on Ocean Reef, offering pools, a beach club, a restaurant, wellness & more.
- Since only a limited number of plots are available on Ocean Reef, this will likely be the last project of its kind.
- Tennis, volleyball, a gym, a marina club, etc., are available on both islands.
- Buyers on Island 1 were mostly affluent locals.
- On Island 2, you will find international investors from around the world.
- For the first time, resales are available on Ocean Reef – that is, fully completed apartments that are now for sale on Ocean Reef. You can also find these on our website.
- For "Ocean Reef" near Panama City, we are the exclusive contact in the German-speaking region.
- If you believe in Panama's story as the "Hub of the Americas" (Latin America's Singapore) and see that many European investors are looking for locations outside of Europe, then "Ocean Reef" is certainly a very interesting real estate location in Panama City.
- In addition, rental income can be generated, allowing you to realize your "Plan B" for a second residence.
- The location is unique, the supply is limited, and the construction quality is excellent.
- Please feel free to contact us for further information (such as price lists, floor plans, etc.).
MODERN APARTMENTS IN CASCO VIEJO
- In May 2022, we began the sale of 20 apartments in Casco Viejo (67 – 191 m² / 1-3 bedrooms each).
- Together with our experienced construction partners, we are developing 20 apartments in the old town of Panama City in a modern and bright style, while historically restoring the building's facade.
- The historic UNESCO building from 1915 is currently under construction, and completion is planned for the end of 2023.
- Our modern apartments in the old town are also suitable for applying for a residency permit in Panama.
- With the Golden Investor Visa for investments in construction projects, you can obtain your visa within 30 days.
- Our residential building “Casa Antigua Domingo” is located in a prime location at the church square “Plaza Santa Ana”, which—with its church, pavilion, and tropical trees—is counted among the most beautiful spots in the entire old town.
- Santa Ana is the up-and-coming district in Casco Viejo, and Plaza Santa Ana is its center. New residential buildings and commercial spaces are being renovated here.
- Our apartments in the old town of Panama City are built and finished to a high standard and feature two levels as well as a balcony each.
- The two large ground floor apartments each have a private garden (approx. 25 m²).
- The building will feature an elevator and an exclusive rooftop terrace for residents, which includes a pool, fitness studio, and lounge.
- On the ground floor, two retail spaces will be developed.
- The building does not provide any parking (a parking garage is 5 minutes away and the metro station is a 15-minute walk away).
- Sale prices start at approximately USD 280,000 or USD 4,100 per m², including air conditioning, kitchen appliances, and built-in wardrobes.
- Payment is made according to construction progress.
- Feel free to contact us for floor plans and pricing information.
- UNESCO Tax Incentives:
– 30 years with no property tax
– 10 years with no income tax on rental income - The UNESCO old town of Casco Viejo is currently undergoing its next development phase. In March 2022, the new Hyatt Luxury Hotel “La Compañia” was opened, and the Sofitel will follow shortly. These luxury brands, along with the planned connecting road to the cruise terminal & convention center, will further revitalize Casco Viejo.
- The video shown here provides a good impression.
- The old town development is moving towards Santa Ana, as prices are even more affordable.
- Other construction projects in Casco Viejo are currently selling apartments for USD 4,500 – 7,500 per m², depending on location and quality.
- In the UNESCO old town, there are only about 850 buildings on a peninsula, whose inventory cannot be expanded.
- If you believe in the advantages of such a UNESCO old town with a naturally limited inventory, then an investment in a prime location in Casco Viejo is very attractive.
- If you are interested, please feel free to contact us. We will gladly send you further information about the project “Casa Antigua Domingo”, including floor plans and a price list.
Your Plan B in Panama – in 3 Steps
1. Initial Contact
Reach out via email or our contact form – we look forward to your inquiry! Share some details about your current situation, and we’ll get back to you.
2. Personalized Consultation
We discuss your goals, preferences, and all key aspects of relocation, investments, and visas – in a tailored, in-depth, and personal session.
3. Realizing Your Investment in Panama
We handle everything for your second residence in Panama, including account setup and investments. We remain your trusted local partner for all ongoing questions.
What Our Clients Say
Thank you for the great insight!
I had long been considering implementing my Plan B in Dubai. When Klaus introduced me to beautiful Panama, this country also caught my attention.
In Panama, I purchased an amazing property – a fantastic investment and a fallback option should my goals change. Thanks to Klaus, I immediately had someone taking care of the property.
I no longer identify with German politics and had been searching for a property in Dubai as my Plan B. That’s when I discovered Klaus, and together we embarked on a real estate journey to Panama. And what can I say... Panama left me speechless with its international atmosphere and abundance of leisure opportunities, making it far more aligned with my personal life goals.
Klaus handled every step—from the purchase process to the registration in the land registry. When my Plan B became a reality, the property even secured my residency permit.
Thank you for the outstanding support :-) I highly recommend it!
My family and I were not pleased with the many changes in Europe, so we decided to take proactive measures and prepare our Plan B.
Initially, we set our sights on Dubai, as we had always found its lifestyle intriguing. However, after attending Klaus’s webinar and discovering the advantages of Panama, I chose to invest there – the real estate opportunities are unbeatable!
Both countries have a lot to offer. So my advice to everyone is: get a consultation on Panama, it’s definitely worth it!
Thank you for the great insight!
I had long been considering implementing my Plan B in Dubai. When Klaus introduced me to beautiful Panama, this country also caught my attention.
In Panama, I purchased an amazing property – a fantastic investment and a fallback option should my goals change. Thanks to Klaus, I immediately had someone taking care of the property.
I no longer identify with German politics and had been searching for a property in Dubai as my Plan B. That’s when I discovered Klaus, and together we embarked on a real estate journey to Panama. And what can I say... Panama left me speechless with its international atmosphere and abundance of leisure opportunities, making it far more aligned with my personal life goals.
Klaus handled every step—from the purchase process to the registration in the land registry. When my Plan B became a reality, the property even secured my residency permit.
Thank you for the outstanding support :-) I highly recommend it!
My family and I were not pleased with the many changes in Europe, so we decided to take proactive measures and prepare our Plan B.
Initially, we set our sights on Dubai, as we had always found its lifestyle intriguing. However, after attending Klaus’s webinar and discovering the advantages of Panama, I chose to invest there – the real estate opportunities are unbeatable!
Both countries have a lot to offer. So my advice to everyone is: get a consultation on Panama, it’s definitely worth it!
About Me
Klaus Happ – Founder & CEO of FRAPAN-Invest
- Born in 1974 in Frankfurt
- Began my career in 1994 at Dresdner Bank while studying at the Banking Academy
- Worked until 2001 in money markets, foreign exchange, and securities for private and institutional clients
- Joined UBS Germany in 2002 as a specialist in securities and portfolio management
- From 2005 to 2016, I advised high-net-worth private clients on strategic investment decisions at UBS
- In 2015, I founded FRAPAN-Invest, which has been operating in Panama since early 2017
Let’s bring your Plan B to life in Panama. I look forward to your inquiry.
Frequently Asked Questions about Investments and Your Plan B in Panama
In Panama, there are several ways to obtain permanent residency. The Pensionado Visa is aimed at foreign nationals who can demonstrate a monthly income of at least USD 1,000. This visa offers several benefits, such as permanent residency in Panama and discounts on various services and products. Additionally, there are two types of investor visas available for foreign investors. For these, a minimum investment of USD 200,000 (Friendly Nations Visa) or USD 300,000 (Golden Investor Visa)—for example, in real estate—is required.
Yes, as a foreign investor you can invest in real estate in Panama. There are no restrictions for foreigners looking to purchase property in Panama.
Panama offers a range of benefits for real estate investors, including a stable economy, favorable tax conditions, robust infrastructure, and high rental yields. Such a property can serve as both a capital investment and, now or later, as your own residence (Plan B).
Yes, it is possible to purchase property in Panama without being physically present. We provide you with comprehensive support in finding the right property and managing the transaction process, even if you are not in Panama.
Our in-house property management team in Panama is pleased to take care of your property.
It can be somewhat challenging for foreigners to open a bank account in Panama, as banks are diligent in preventing money laundering. To avoid any issues, our specialized partner attorneys in Panama will support and accompany you during your bank appointment.
Overall, Panama is a safe country for both your real estate investments and your personal stay. The country boasts one of the fastest-growing economies in the world, uses the USD as its official currency, and maintains a traditional land registry system for property ownership, along with a comparatively low crime rate.
Didn't find the answer to your question? We are happy to assist you personally.
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