Are foreigners allowed to own property in Panama?
Yes – Panama is one of the most foreigner-friendly countries in Latin America when it comes to property ownership. Foreign nationals enjoy the same property ownership rights as Panamanian citizens, with only a few minor exceptions.
At Expat-Tations, we work with buyers from all over the world who are investing, relocating, or retiring in Panama. Whether you’re purchasing a home, investment property, or land, we ensure the entire process is compliant, secure, and aligned with your goals.
Are there any restrictions?
There are only two key exceptions:
- Restricted border zones – Foreigners mostly cannot directly own land within 10 kilometers of Panama’s national borders.
- Protected areas – Some islands or ecologically sensitive regions have limitations for development or require special concessions.
Our legal team at Expat-Tations Law will guide you through these details during the due diligence process, so you know exactly what’s possible — and legal — before making an offer.
Why choose Expat-Tations?
As both a licensed real estate agency and a law firm, Expat-Tations Group provides a seamless process that protects your investment and ensures full compliance with Panamanian regulations. You don’t just get a property – you get legal clarity, title protection, and access to immigration benefits where applicable.
Yes, foreigners can own property in Panama – and with Expat-Tations, they can do it confidently, legally, and securely.