Real Estate Law
Whether buying, selling, or managing property in Panama, Panama Legal Experts specialize in all aspects of the real estate process both pre and post sale.
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Owning Real Estate in Panama
While buying real estate in Panama is highly secure for both foreigners and locals, having proper legal representation will not only ensure your purchase is fully protected, it will guarantee you have the correct ownership and tax structure in place to maximize the return on your investment.
BUYER REPRESENTATION
Let us assist you with:
- Due diligence on the seller and the property.
- Review of the purchase agreement.
- Recommendations for the tax structure.
- Creation of a corporation or foundation for property purchase.
- Representation throughout the sales process until the property is transferred to you.
SELLER REPRESENTATION
Let us assist you with:
- Full review to ensure your property is ready to sell.
- Due diligence on potential buyers.
- Drafting of the purchase agreement.
- Representation throughout the sales process until you are paid in full.
- Assistance with property taxes.
POST SALE MANAGEMENT
Whether currently purchasing a property or already own one, staying organized and keeping your property up to date is imperative in protecting your investment and avoiding unnecessary penalties and fees.
Let us assist you with:
- Payment of real estate taxes.
- Annual payment of corporate or foundation fees.
- Providing resident agency and board of directors.
- Yearly compliance checks.
- Maintaining property in good standing in the case you would like to sell or rent.
- Drafting of wills.
