caribbean panama real estate

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Convenient tax policies: freedom from stringent tax policies comes as a boon for investors, for those who procure a property in any area with the design in mind to build a private lodging in future, will not have to pay taxes for the home in the next 20 years to come. These eventually allow individuals to purchase property without compromising on its quality and not settle for the cheaply built assets. An individual or an investor can first invest in buying a property, then build beautiful homes or private offices and later on if they wish so, they can sell off the same all exclusive of tax payments! This makes an allowance for the sale of property for a greater value than it was bought for, that too without the necessity of paying taxes.

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Panama- the Constitutional republic: The President assisted by two Vice-Presidents and an appointed Cabinet of ministers holds executive power in the state. The Judiciary comprises the Supreme Court of Justice, with 9 appointed judges for a tenure of 10 years; 5 superior courts and 3 lower courts of appeal. The Unicameral Legislature of Panama has its President & Legislator chosen through popular mandate every 5 years.

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