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panama88

panama88

Active member

Canadian expat in Spain

Forum posts

41

Contacts

2

About me

Canadian

Registration: 06 November 2014

Activity

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

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

panama88 created a thread
10 years ago

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

panama88 replied to a thread
10 years ago
expated

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 ...

panama88

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

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

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

panama88 created a thread
10 years ago

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

panama88 replied to a thread
10 years ago
panama88

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!

panama88

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

panama88 created a thread
10 years ago

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

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

Thank you Lorna! Read More

panama88 replied to a thread
10 years ago
panama88

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!

panama88

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

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

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

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

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

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

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

panama88 replied to a thread
10 years ago
panama88

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 ...

panama88

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

panama88 replied to a thread
10 years ago
panama88

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!

panama88

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

panama88 replied to a thread
10 years ago
panama88

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. ...

panama88

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