

panama88
Canadian expat in Spain
Forum posts
41
Contacts
2
About me
Canadian
Registration: 06 November 2014
Activity


Owning/leasing land by panama88
Hello! I understand foreigners cannot own land, but only the buildings on them. Or they can lease land up to 99 years. How are these contracts made? What if a foreign owns 100% of a Company, can that Company own land? The use is for business, not ...

Thank you Michael! Is it easy to convince a seller to change her/his sale into a 99 years lease? Thanks Read More

Owning/leasing land
Hello! I understand foreigners cannot own land, but only the buildings on them. Or they can lease land up to 99 years. How are these contracts made? What if a foreign owns 100% of a Company, can that Company own land? The use is for business, not ... Read More


Invest in the construction of small bungalow by expated
Hi all, I'm retired in France and now I would like to invest in the construction of small bungalow to host European tourists and work with travel agencies in Europe or Airbnb. I speak French, German and English. Any advice from people who have ...

Hi! We are interested in building a small (10 rooms, 2 people each) retreat center near Angkor. Our budget is very limited, so we would have to choose an area between 15 to 20 minutes away from the temples, ideally with water, internet and other ... Read More


Permanent residency and citizenship by panama88
Hello! Based on what I read online, to become a resident it is enough to deposit 5k into a local bank account, submit the paperwork and wait for 4 months. I see often people mention we need a "fixer". It is also said after 3 years, one ...

Thank you so much!!! That really helps a lot, it is a more honest and helpful feedback than I found on most of the updates available online... BTW, do you know anything about the citizenship process (does it require to be 3 years physically present ... Read More

Permanent residency and citizenship
Hello! Based on what I read online, to become a resident it is enough to deposit 5k into a local bank account, submit the paperwork and wait for 4 months. I see often people mention we need a "fixer". It is also said after 3 years, one ... Read More


Bali: buying a retreat center and becoming a resident by panama88
Hi! Do you know the aprox. cost of buying a functioning retreat center in Bali? Also, would that qualify as a PMA Company to become resident? Thank you so much!

Thank you so much for the detailed and informed answer, I am very grateful for that. It means nothing can be started for less than $300k/$00k or so, which is indeed a substantial investment for land only. Thank you for the clarification about ... Read More

Bali: buying a retreat center and becoming a resident
Hi! Do you know the aprox. cost of buying a functioning retreat center in Bali? Also, would that qualify as a PMA Company to become resident? Thank you so much! Read More


Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...

Thank you Lorna! Read More


Coronado vs Malibu by panama88
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS!

Thanks! We are in Costa Rica for a vacation, it seems the same here. Locals come here from Saturday morning until Sunday later afternoon, then everything is quiet again. I think we can live with that, as long as the places are ok most of the ... Read More


Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...

The property looks good, hope there are more like that around. In the long term, location is key. Beach properties tend to appreciate more in value. However, I do not have the pile of money required to go beach front, so it looks ok. Now more ... Read More


Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...

Wow, these ones look almost perfect: http://www.encuentra24.com/panama-en/real-estate-for-sale-apartments-condos/villas-de-bosquemar/3792422 Thank you guys! Read More


Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...

Thank you so much Lorna SawMan! Ideally, I would get a 2 bedrooms, 2 bathrooms apartment or town house with ocean view, but not on the beach, maybe within 10 minutes walk to the beach. In a quiet, safe area. Better if there is 24/7 security, but ... Read More


Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...

Thank you again to you both! Can you please tell me a couple of good areas where I can research properties? Thank you for the link SawMan. Read More


Coronado vs Malibu by panama88
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS!

Thank you so much Lorna! If possible, can you please name 1-2 good areas there? So I can research them online for rentals/sales. THANKS! Read More


Santa Margarita vs. La Alcaidesa by panama88
Hola! I am considering to move to Spain. No need for paperwork, just to choose a place near Gibraltar. I short-listed Santa Margarita and La Alcaidesa. Based on the info I have, Santa Margarita: PLUS: near Gibraltar, there is a bus going there. ...

BTW, could this one by the bus: http://www.autocaresctm.com/portal/lalinea/lalinea.htm ? Thanks Read More