P
potus
Guest
Good day, I have decided to buy Real Estate on the Island.
I do not know yet if it will be a House or Apartment. Now, I am not sure I want to own a home under my own name........I conduct a lot of business internationally and have been divorced twice......I just wish to avoid any liabilities.
My questions are: Is it possible for a foreign (Panama) Company to purchase Real Estate in this Country?
What is the tax situation.....? Is there any advantage to own a home under a company name?
Thank you for your advise in advance.
I do not know yet if it will be a House or Apartment. Now, I am not sure I want to own a home under my own name........I conduct a lot of business internationally and have been divorced twice......I just wish to avoid any liabilities.
My questions are: Is it possible for a foreign (Panama) Company to purchase Real Estate in this Country?
What is the tax situation.....? Is there any advantage to own a home under a company name?
Thank you for your advise in advance.