Panama Land Developer

Panama Land Developer

Panama (Bocas del Toro) is the ideal location for property development, whether it be your future home, a hotel, resort, marina or simply to invest for an increase in value. The history and culture of Panama is unique, a real "paradise" with beautiful landscapes and unbeatable temperature, by the blue Caribbean water with transparent coral reefs, a majestic forest, and also close to the Bocas International Airport. Panama's Future projection is impresive, a rich country with a small population and a stable economy (Panama is an international financial center). The official currency is the U.S. dollar.

Panama Property

Panama property and development has become increasingly popular for worldwide investment. We are your resource for investing, living, and retirement. We offer Panama real estate services for land development and houses including personal property, commercial property, beachfront and island properties, offices, business, country and farm houses, lots, buildings, etc.

History

With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. On 7 September 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of 1999. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the intervening years. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were turned over to Panama by or on 31 December 1999.