{"id":9176,"date":"2013-12-02T11:35:35","date_gmt":"2013-12-02T16:35:35","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=9176"},"modified":"2013-12-02T11:35:35","modified_gmt":"2013-12-02T16:35:35","slug":"guidelines-on-purchasing-property-in-panama","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/","title":{"rendered":"Guidelines on Purchasing Property in Panama"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.mossfon.com\/images\/logo.jpg\" border=\"0\" alt=\"\" width=\"368\" height=\"66\" \/><\/p>\n<p>My friends at <a href=\"http:\/\/www.mossfon.com\/index.php?p=noticias&amp;elemid_not=11&amp;lista=1&amp;noticia_editor=478&amp;lang=en\" target=\"_blank\">Mossack Fonseca have a great newsletter <\/a>and always put forth a great perspective on laws and common sense when investing in Panama and many other places in the world. Here is an excellent article written by Mr. Rigoberto Coronado on the subject of buying property here in Panama.<\/p>\n<p>Ever since Panama began its republican life, a little over one hundred  years ago, it has legislation governing the acquisition of immovable  property, which has been kept despite the passage of time and its deeply  rooted\u00a0 determination to faithfully protect the institution of public  and private property, including the important component of ensuring  legal certainty for local and foreign investment.<\/p>\n<p>Let us review the matter stressing on some important aspects that will  provide a clear understanding of how to purchase property in Panama.<\/p>\n<p><strong>Purchase and Sale Procedures <\/strong><\/p>\n<p>The first step when deciding to purchase a property in Panama is to  hire local professionals who can guide you as you explore many  possibilities prior to giving a deposit,\u00a0 incurring obligations or  purchasing the property itself. Although Panamanian legislation, as well  as the Centralized Property Registry and property owners, to which I  shall refer later, make it easy for any person to perform certain  checks, it is no less true that for others it takes active participation  of trained third parties to make their investment even safer.<\/p>\n<p>A few examples illustrating the aforementioned initial step are  verification of the seller right to dispose of the property, that same  is not a security for any kind of obligation or restricts the right of  disposal resulting from a lien, the existence of joint ownership  regulations, usufruct rights on specific areas, limitations, and in  general that the property in fact constitutes what you had seen.<\/p>\n<p>Now, going back to the chronological order of events, after considering  it appropriate to enter into the relevant agreements, it is necessary  to carry out the corresponding verifications before proceeding to sign  documents which will set out the conditions for transactions to purchase  a property. Currently a considerable number of real estate transactions  take place in Panama, a significant number of which initiate with the  signing of Promise to Purchase Agreements, also known as Deposit  agreements, or Options to Purchase in other jurisdictions.<\/p>\n<p>These kinds of agreements usually establish special clauses that are  often not included in the final Purchase and Sale Agreements or Bills of  Sale\u00a0 as their principal purpose is to guarantee on behalf of the  promissory seller, property owner\u00a0 or its developer, as well the  promissory buyer, that there is an intent to buy or sell, as the case  may be, and a list should be drafted indicating minimum conditions  required, such as price,\u00a0 settlement of down payments,\u00a0 property  delivery date, final Purchase and Sale Agreement terms, delivery date  extensions, description of the property being sold, its dimensions and  characteristics as well a termination clause under which the agreement  may be terminated by the promissory buyer or the promissory seller, with  the consequence as provided for in the agreement.<\/p>\n<p>It is important to stress that the Promise to Purchase Agreement is not  mandatory prior to purchasing a property, that is, you are not required  to sign an agreement of this nature in all cases, but it is mentioned  as it constitutes a common practice in the real estate sector, almost a  must.<\/p>\n<p>After negotiating the terms of your Promise to Purchase Agreement and  notifying the property owner of the date of completion of the  construction project, whether same is a story, apartment, villa, house,  office or the like, at certain point you will need to pay the property  purchase price or at least deliver a bank letter that guarantees the  seller that the price will be irrevocably settled by a given bank,  usually a local banking institution.\u00a0 This shall be applicable when you  prefer to make the final payment by such means, as you may also make  direct payments to the seller or developer without the intermediation of  a local bank or simply because it was not necessary to secure funding  to purchase the property.<\/p>\n<p>The acquisition will be completed when in your capacity as a purchaser,  either directly or using a legal form to that end, as I will further  explain below, you subscribe together with the seller the Bill of sale  whereby a Panamanian Notary Public shall attest to the negotiation  carried out before him\/her, by which one party transfers to the other  property ownership, with particular characteristics and restrictions  that may exist, and this Bill of Sale shall be presented to the Public  Registry for registration. It should be noted that Panamanian civil law  puts the burden of responsibility on the seller to respond to the buyer  for legal and peaceful possession of the property for sale and possible  latent or hidden defects, but this topic shall be covered in another  publication.<\/p>\n<p><strong>What Taxes are Applicable?<\/strong><\/p>\n<p>In relation to taxes applicable to property transfer, the Panamanian  tax law stipulates the obligation to pay two taxes relating to property  sale. The first one is a transfer tax, which represents two percent (2%)  of the sales value, and the second tax is for profit obtained from the  sale, ten percent (10%) of the difference between the property  acquisition amount and that of its sale value. Nevertheless, as regards  the latter tax, in accordance with current tax law, the seller is  required to pay an amount equal to three percent (3%) of the total sale  value or that of the immovable property, whichever is higher, as an  advance Income Tax payment, this three percent (3%) of the total sale  value applied as the final income tax amount payable on profit. Where  this three percent (3%) of advance tax payment exceeds the amount  resulting from applying the ten percent (10%) rate on profit from sale,  the seller may file an affidavit indicating the payment made. The  surplus, at the seller\u2019s request, may be refunded in cash or\u00a0 as a tax  credit for payment of taxes imposed by the Directorate General of  Revenue.<\/p>\n<p>Both taxes are the responsibility of the seller and shall be paid prior to signing a Bill of Sale.<\/p>\n<p>Once the property has been registered at the Public Registry in favour  of the purchaser, same will be responsible for the annual payment of  such property tax, which is calculated based on the property value. In  some cases it is possible to obtain a temporary waiver of the property  tax by reason of special laws that grant this tax benefit.<\/p>\n<p><strong><br \/>\nForms of Property Ownership <\/strong><\/p>\n<p>In Panama, as in other countries of the region, there are some common  forms of property ownership\u00a0 organized as horizontal property, i.e.,  apartments, stories, offices and apartment and residential complexes,  among others, as well as those known as sole ownership property, which  are nothing but property not subject to any joint ownership regulation  and they usually\u00a0 include houses, farms, ranches, etc.<\/p>\n<p>The State grants possessory rights to individuals in areas near the sea  on plots of land that do not have land titles registered at the Public  Registry. This is an example of situations that may also be found in  Panama, and although these are not proper forms of property ownership,  it is worth mentioning same, as when trying to acquire immovable  property that are affected by such specific conditions, one should  consider making evaluations to foresee situations that could arise in  the future.<\/p>\n<p><strong><br \/>\nImmovable Property Guarantees <\/strong><\/p>\n<p>Originated by the growing demand for property in Panama over the past  two decades, some laws have been enacted to modernize institutions that  guarantee such assets and the authorities have also responded in defense  of consumer rights when there has been the need to do so.<br \/>\nFor example, Panama has introduced and strengthened regulations  relating to the obligations of providers of new residential buildings,  lots of land with or without basic services, urban or rural, as well as  immovable property in general, who must establish, clearly and in  writing, the terms and conditions of the work guarantee. If there are  various coverage guarantees, these must be properly listed. In practice,  developers of real estate projects offer one year guarantee on  construction defects that do not involve ruin, which I will explain  below.<\/p>\n<p>Moreover, by law it has been determined that advertisement of new  residential constructions is an integral part of a sales agreement  signed between the seller and the purchaser and that announcements  appearing on flyers, pamphlets, books or any other means distributed by  the seller are binding on the seller and enforceable by the purchaser.<\/p>\n<p>Promise to Purchase Agreements and Sale and Purchase Agreements of new  constructions of lots of land, with or without basic services, urban or  rural, and of movable property in general, must include the date of  transfer or agreed upon for the transfer.<\/p>\n<p>In the event of nonfulfillment of the term agreed upon to transfer a  property for reasons not ascribed to the seller, such as weather factors  and material shortages, among others, explanation shall be provided in  writing as to why the property transfer was not made on the date agreed  upon. In case of failure to comply with the tern agreed upon, the  purchaser may terminate the agreement, and the total amounts paid shall  be refunded with no penalty whatsoever.<\/p>\n<p>Likewise, it is mandatory that agreements express the total amounts  payable, and situations requiring price adjustments due to increase in  costs of the building materials.<\/p>\n<p>It is also the buyer&#8217;s right to request proportional price reductions  for new constructions, when their conditions or final specifications  have varied substantially from those previously established in the  relevant agreement.<\/p>\n<p>In addition to these provisions, an old civil statue with contents  identical to those of the Spanish Civil Code of 1889 are still in effect  in Panama, which states that the contractor of a ruined building as a  result of construction defects shall be liable for damages if such ruin  occurs within ten years of the conclusion of the work. On this  particular issue, Panamanian courts, emulating Spanish court decisions,  have adopted a position relating to the extent of responsibility for  claims in cases of ruin or destruction of property, by which liability  falls not only to the developer of same, but also to the promoter, owner  or seller of the immovable property.<\/p>\n<p><strong><br \/>\nRecording Systems and Public Trust: Legal Certainty <\/strong><\/p>\n<p>In Panama the Property Registry is centralized in one government office  called Public Registry of Panama, which has been functioning since 1913  after the evolution of institutions that existed before that period.  The Public Registry, in addition to recording property titles, their  history, liens and all their charges, entries related to companies,  ships, aircraft, mortgages, powers of attorney, among other acts, that  are subject to registration are also made. Traditionally entries were  done at the Public Registry for properties through a system that used  the extract of information contained in the Bill of Sale which was  transcribed in large books called Property Volumes. With the passage of  time, modern mechanisms were adopted such as microfilming of the  information contained in the public deeds until adopting the current  system under which all information submitted to this institution is  digitally recorded, while always preserving chronological order of  events and legal certainty as expected by users.<\/p>\n<p>Since its creation, the Public Registry has been a cornerstone in the  history of the Republic of Panama, as it is guided by principles such as  legality, publicity, priority, chain of title, legitimacy and public  trust.<\/p>\n<p>As mentioned before, in regard to registration of land titles, its  amendments, liens, and other acts, notaries public and legal  practitioners, the latter who have been\u00a0 granted authority by the  central government, play a major role, and as expressly provided for in  the civil law, public trust has been bestowed upon them as regards acts  performed and agreements executed by same. All purchase of immovable  property shall be carried out before a notary public to subsequently be  presented at the Public Registry for the corresponding registration.<\/p>\n<p><strong>Who can be the Purchaser? Is it More Convenient to use a Company to Purchase a Property?<\/strong><\/p>\n<p>Dear reader of this article, you may be the purchaser of real property  in Panama whether directly on your own behalf or through your foreign  company or what is even better, using a Panamanian corporation or  foundation created for this purpose, which is ideal and what is usually  done. A foreign national may acquire real property in Panama  encountering\u00a0 no\u00a0 objection whatsoever, but there are some\u00a0 drawbacks  that can be avoided by acquiring immovable property using legal entities  or companies for that purpose.<\/p>\n<p>If you are considering purchasing immovable property in Panama, be sure  to check with your local attorney the benefits of doing so through a  company which has been incorporated under the laws of this country.  However, I wish to indicate that some of the advantages include  following: the asset will be protected and separated from the other\u00a0  assets you own, a particularity resulting from being subject to company  property right; you may dispose of the property through the transfer of  the company\u2019s shares owed by you or you may resort to joint ownership  whereby other persons shall subscribe the portion of capital\u00a0  representing\u00a0 the proportion of the property acquired without having to  divide same; you may order disposal of your assets and limit liability  to third parties.<\/p>\n<p>Taking a few minutes to discuss the best way to acquire an asset will  lead you to carry out proper, transparent and convenient transactions,  provided that you obtain adequate advice from experts who can assist in  outlining a structure that will best suit your needs.<\/p>\n<p><strong>If you choose to use a Panamanian Corporation, What Kinds of Companies are Available in Panama?<\/strong><\/p>\n<p>Among the companies available, we may mention corporations, limited  liability companies, limited partnerships and general partnerships. The  first two, are most widely known and used.<\/p>\n<p>A corporation widely used internationally is the ideal corporate  vehicle for complex or simple business activities, local or foreign, as  well as mere possession of assets, as is the case with immovable  property<\/p>\n<p>Mossack Fonseca &amp; Co. professionals specialize in Commercial Law,  Trust Services, Investment Advisory and International Structures.  Mossack Fonseca &amp; Co. has been a leader in the industry since 1977  and it has 47 offices worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My friends at Mossack Fonseca have a great newsletter and always put forth a great perspective on laws<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-9176","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Guidelines on Purchasing Property in Panama - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Guidelines on Purchasing Property in Panama\" \/>\n<meta property=\"og:description\" content=\"My friends at Mossack Fonseca have a great newsletter and always put forth a great perspective on laws\" \/>\n<meta property=\"og:url\" content=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/\" \/>\n<meta property=\"og:site_name\" content=\"Blog and Newsletter\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100088396493750\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-02T16:35:35+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.mossfon.com\/images\/logo.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Prozzo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrian Prozzo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"12 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/\"},\"author\":{\"name\":\"Adrian Prozzo\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/person\\\/6c118309f214f7da81db90c9905c5e69\"},\"headline\":\"Guidelines on Purchasing Property in Panama\",\"datePublished\":\"2013-12-02T16:35:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/\"},\"wordCount\":2375,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.mossfon.com\\\/images\\\/logo.jpg\",\"articleSection\":[\"News from Panama\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/\",\"name\":\"Guidelines on Purchasing Property in Panama - Blog and Newsletter\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.mossfon.com\\\/images\\\/logo.jpg\",\"datePublished\":\"2013-12-02T16:35:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.mossfon.com\\\/images\\\/logo.jpg\",\"contentUrl\":\"http:\\\/\\\/www.mossfon.com\\\/images\\\/logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/guidelines-on-purchasing-property-in-panama\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Guidelines on Purchasing Property in Panama\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/\",\"name\":\"THE PANAMA PERSPECTIVE\",\"description\":\"Welcome and enjoy!\",\"publisher\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#organization\",\"name\":\"THE PANAMA PERSPECTIVE\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Panama-Perspetive-Logo.png\",\"contentUrl\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Panama-Perspetive-Logo.png\",\"width\":199,\"height\":168,\"caption\":\"THE PANAMA PERSPECTIVE\"},\"image\":{\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=100088396493750\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/#\\\/schema\\\/person\\\/6c118309f214f7da81db90c9905c5e69\",\"name\":\"Adrian Prozzo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g\",\"caption\":\"Adrian Prozzo\"},\"url\":\"https:\\\/\\\/panamaadvisoryinternationalgroup.com\\\/blog\\\/author\\\/adrian\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Guidelines on Purchasing Property in Panama - Blog and Newsletter","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/","og_locale":"en_US","og_type":"article","og_title":"Guidelines on Purchasing Property in Panama","og_description":"My friends at Mossack Fonseca have a great newsletter and always put forth a great perspective on laws","og_url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/","og_site_name":"Blog and Newsletter","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=100088396493750","article_published_time":"2013-12-02T16:35:35+00:00","og_image":[{"url":"http:\/\/www.mossfon.com\/images\/logo.jpg","type":"","width":"","height":""}],"author":"Adrian Prozzo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Adrian Prozzo","Est. reading time":"12 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#article","isPartOf":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/"},"author":{"name":"Adrian Prozzo","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/person\/6c118309f214f7da81db90c9905c5e69"},"headline":"Guidelines on Purchasing Property in Panama","datePublished":"2013-12-02T16:35:35+00:00","mainEntityOfPage":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/"},"wordCount":2375,"commentCount":0,"publisher":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#organization"},"image":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#primaryimage"},"thumbnailUrl":"http:\/\/www.mossfon.com\/images\/logo.jpg","articleSection":["News from Panama"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/","name":"Guidelines on Purchasing Property in Panama - Blog and Newsletter","isPartOf":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#primaryimage"},"image":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#primaryimage"},"thumbnailUrl":"http:\/\/www.mossfon.com\/images\/logo.jpg","datePublished":"2013-12-02T16:35:35+00:00","breadcrumb":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#primaryimage","url":"http:\/\/www.mossfon.com\/images\/logo.jpg","contentUrl":"http:\/\/www.mossfon.com\/images\/logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/guidelines-on-purchasing-property-in-panama\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Guidelines on Purchasing Property in Panama"}]},{"@type":"WebSite","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#website","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/","name":"THE PANAMA PERSPECTIVE","description":"Welcome and enjoy!","publisher":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#organization","name":"THE PANAMA PERSPECTIVE","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2023\/09\/Panama-Perspetive-Logo.png","contentUrl":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2023\/09\/Panama-Perspetive-Logo.png","width":199,"height":168,"caption":"THE PANAMA PERSPECTIVE"},"image":{"@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=100088396493750"]},{"@type":"Person","@id":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/#\/schema\/person\/6c118309f214f7da81db90c9905c5e69","name":"Adrian Prozzo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ad1feae25ee47fd05cad15b4eecb3f298066f00b30501ec8ab74742778287eba?s=96&d=identicon&r=g","caption":"Adrian Prozzo"},"url":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/author\/adrian\/"}]}},"_links":{"self":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts\/9176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/comments?post=9176"}],"version-history":[{"count":2,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts\/9176\/revisions"}],"predecessor-version":[{"id":9187,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/posts\/9176\/revisions\/9187"}],"wp:attachment":[{"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/media?parent=9176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/categories?post=9176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-json\/wp\/v2\/tags?post=9176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}