Helping Canadians

Discover Their Dream Home

in Panama

Helping Canadians Discover Their Dream Home in Panama

Welcome, Canadians! Imagine owning a beautiful home in Panama, where stunning beaches, vibrant culture, and year-round warm weather await. Panama offers a safe, affordable, and attractive lifestyle that’s perfectly suited to Canadians looking for a tropical escape, a profitable investment, or a peaceful retirement destination.

Start your journey today with Panama Sovereign Realty – find out why Canadians are choosing Panama and let us help you make the move easy and enjoyable.

Welcome, Canadians! Imagine owning a beautiful home in Panama, where stunning beaches, vibrant culture, and year-round warm weather await. Panama offers a safe, affordable, and attractive lifestyle that’s perfectly suited to Canadians looking for a tropical escape, a profitable investment, or a peaceful retirement destination.

Start your journey today with Panama Sovereign Realty – find out why Canadians are choosing Panama and let us help you make the move easy and enjoyable.

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Why Panama is Ideal for Canadian Buyers

Why Panama is Ideal for Canadian Buyers

Tax-Free

Panama has no tax on foreign-earned income, making it highly favorable for Canadian investors and retirees.

Panama has no tax on foreign-earned income, making it highly favorable for Canadian investors and retirees.

Easy Access

With direct flights from Canada, Panama is conveniently reachable, perfect for frequent trips or permanent relocation.

With direct flights from Canada, Panama is conveniently reachable, perfect for frequent trips or permanent relocation.

Quality of Life

Panama offers high-quality healthcare, excellent private education, and an overall low cost of living compared to Canada.

Panama offers high-quality healthcare, excellent private education, and an overall low cost of living compared to Canada.

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Explore Real Estate For Sale in Panama

Explore Real Estate For Sale in Panama

Panama offers an incredible variety of properties, from luxurious beachfront condos to charming mountain homes. Explore property listings, diverse property types, and popular locations across Panama tailored to Canadian buyers’ interests. Find your ideal investment or retirement property in this sought-after market.

Property Types

Popular Locations

Panama City
Pedasí
Playa Venao
Buenaventura
El Valle de Antón
Playa Blanca
Vistamar
Bocas del Toro
Boquete
Coronado
Nueva Gorgona
Las Perlas

Popular Property Listings Among Canadians

Lots and Land Cambutal, Los Santos 12 A scenic view of the ocean framed by dense green forest, with a stretch of coastline visible in the distance under a partly cloudy sky.

Half-Acre Ocean View Lot – Build Your Dream Home

$260,000

Titled Ocean View Lot with Road and…

  n/a   n/a   2000 m2
Alessa Stabile
House Pedasi, Los Santos 20 Pool with pool deck and back of house on sunny day

Charming Single-Family Home in Pedasi

$329,950

Cozy Pedasi home in prime Panama real…

  2   2   139 m2
Elvin Vega
Condo Casco Viejo, Panama City 17 Cozy living area with an exposed brick wall, floating wooden staircase, sectional couch, and bright natural light from large windows.

Charming Casco Viejo Condo, Private Rooftop Views

$495,000

Casco Viejo condo with historic charm and…

  2   2   117 m2
Jonathan Clay
Condo Punta Pacifica, Panama City 70 A modern living room featuring a large flat-screen TV, sleek white cabinets, and a cozy gray sectional sofa with a contemporary floor lamp.

Ocean Reef Islands Condo, Immaculate & Modern

$2,150,000

Luxury condo with modern design, pool, and…

  4   4.5   335 m2
Jonathan Clay

Buying Process For Canadians

  • 1
    Consultation
    Connect with our team for an initial discussion about your needs and property interests.
  • 2

    Property Tour
    View selected properties in person or through virtual tours.

  • 3

    Legal Guidance
    Our trusted partners guide you through property ownership laws and tax regulations.

  • 4

    Purchase and Registration
    Complete your purchase with ease through a transparent and straightforward process.

  • 5

    Settle In
    Once you have the keys, we provide relocation support, making sure your move is seamless.

Don’t take our word for it.
Take theirs.

As foreign citizens, we were a little apprehensive about purchasing real estate in a foreign country, particularly one where English isn’t the dominant language. PSR allayed all of those fears, not only by helping us find the perfect lot for our family but also by introducing us to builders and a fabulous lawyer who has guided us seamlessly through the process of obtaining a visa that will allow us to come and go in Panama as we choose.

Keith Koegler

Buying Process For Canadians

  • 1
    Consultation
    Connect with our team for an initial discussion about your needs and property interests.
  • 2

    Property Tour
    View selected properties in person or through virtual tours.

  • 3

    Legal Guidance
    Our trusted partners guide you through property ownership laws and tax regulations.

  • 4

    Purchase and Registration
    Complete your purchase with ease through a transparent and straightforward process.

  • 5

    Settle In
    Once you have the keys, we provide relocation support, making sure your move is seamless.

Don’t take our word for it.
Take theirs.

As foreign citizens, we were a little apprehensive about purchasing real estate in a foreign country, particularly one where English isn’t the dominant language. PSR allayed all of those fears, not only by helping us find the perfect lot for our family but also by introducing us to builders and a fabulous lawyer who has guided us seamlessly through the process of obtaining a visa that will allow us to come and go in Panama as we choose.

Keith Koegler
Panama Residency for Canadians Citizens
Panama Residency for Canadians Citizens

Panama offers several residency options that make it easy for Canadians to live, invest, and even retire in the country. With accessible and straightforward visa programs, Canadians can find pathways to residency that suit various lifestyles and goals.

Here are three of the most popular visas, each with unique benefits to help you make the move to Panama:

Friendly-Nations

Overview: This visa caters to citizens of “friendly nations,” including Canada, and provides an accessible pathway to permanent residency.

Requirements: Applicants need either a bank account and business in Panama or an employment contract with a Panamanian company.

Pensionado Visa

Overview: Designed for retirees, the Pensionado Visa offers lifetime residency to those who meet minimum income requirements through a government or private pension.

Requirements: Applicants need a monthly pension income of at least $1,000 CAD (or $750 CAD with property ownership in Panama).

Qualified Investor

Overview: The Investor Visa allows Canadians who make significant investments in Panama to secure residency.

Requirements: Requires a minimum investment of $300,000 CAD in Panamanian real estate or an approved business.

Learn More About Visas and Residency in Panama for Canadian Citizens

Panama Residency
Panama Residency
Frequently Asked Questions (FAQs)
Frequently Asked Questions (FAQs)

Click the question to reveal its answer.

Yes, Canadian citizens can legally purchase and fully own property in Panama. The process offers protections similar to those for Panamanian citizens, and foreign property ownership is straightforward.

Panama is a popular choice for Canadian retirees due to its affordable living costs, favorable residency options (like the Pensionado Visa), and accessible healthcare.

Many Canadians find Panama to be a solid investment with affordable property prices, potential rental income, and strong economic growth. Panama also offers appealing tax exemptions on new properties.

With friendly visa policies and residency options for Canadians, moving to Panama is accessible. Options like the Friendly Nations Visa and Pensionado Visa streamline the process for newcomers.

Popular locations include Panama City, Boquete, Coronado, and Bocas del Toro. Each region offers unique benefits, from urban conveniences to tranquil coastal or mountain settings.

Canadians can visit Panama for up to 180 days without a visa. For longer stays or residency, many opt for the Friendly Nations Visa or Pensionado Visa.

Panama has favorable tax policies, including exemptions on new properties for up to 20 years and relatively low property taxes, making it financially attractive for Canadian buyers.

Many retirees live comfortably in Panama on $1,500–$3,000 CAD per month. Retirement costs vary by lifestyle and location, with lower expenses in smaller towns and higher in urban areas.

Healthcare in Panama is not free but is affordable and high-quality, with costs significantly lower than in Canada. Private health insurance is popular among expatriates, offering extensive coverage at reasonable rates.

A couple can live comfortably in Panama for around $2,000–$3,000 CAD monthly, including rent, utilities, and entertainment. Costs vary based on location, lifestyle, and housing type.

Generally, Panama has a lower cost of living than Costa Rica. Housing, food, and healthcare are typically more affordable, making Panama appealing to Canadians looking for value.

The real estate market in Panama is known for stability, buoyed by a growing economy and increasing tourism. Many Canadians view it as a safe, long-term investment opportunity.

Pros include affordable living, tax incentives, favorable residency options, and a warm climate. Cons might include adjusting to the tropical climate, learning Spanish, and adapting to local infrastructure differences.

With its warm climate, outdoor activities, and a strong expatriate community, Panama is popular for those seeking a relaxed yet vibrant lifestyle. Canadians appreciate the cultural diversity, safety, and local hospitality.