“”

-

What’s So Hot About Panama

SELECTION CRITERIA FOR GLOBAL PROPERTY INVESTMENT

CRITERIA HOW DOES PANAMA RATE?Legal System and Tax Laws Good

Incentives for expats Very goodStable currency denominated property

USD

Economic Growth, property Growth Very good

Experience/Strength of Developers Very good

Turnkey rental management and low fees

Very good

Market Liquidity YesLow transaction costs Yes

“”

-Harvard University, Jan 2017

Panama has been one of the fastest growing economies in the world. Our analysis of the growth performance in Panama portrays an economy that has managed to grow at a fast pace without overheating”.

WHAT MAKES PANAMA ATTRACTIVE FOR GLOBAL REAL ESTATE INVESTMENT?

Strong and Steady Economy – average 5.2% GDP growth in FY2017 Global Port City 4M population Secure legal system supports foreign investment Regional Financial Hub Ease of travel to North America, Central & South America, Europe Stable democratic government

SUSTAINED ECONOMIC GROWTH

Fastest Growing Economy in the Americas Steady GDP Annual

Growth Rate

Stable Government, economy and banking system Pro-business policies, and

foreigner friendly laws

GROWING GDP

Panama is a primarily service-based economy (+80% GDP)

Transport: Canal & logistical servicesTravel: The hub of the AmericasBusiness services: Over 90 International banksFree trade zone: 2nd largest in world

Influx of investment and foreign companies – expats, tourists, retirees

PANAMA CANAL EXPANSIONOver 10% of all US shipping is routed through the Panama Canal, estimated to expand to 35% as a result of the expansion

Main users of the Panama Canal:• United States

(#1)• China (#2)• Chile• Mexico• Colombia• Japan

PANAMA CANAL EXPANSION403.8m tonnes of goods shipped through the canal in FY2017 – 22% increase on FY2016

Added a third lane which can take Post-Panamax size super tankers, doubling the canal’s capacity

(Source: "The Panama Canal’s Big Bet Is Paying Off," The Wall Street Journal, October 8, 2017.)

“Cargo through the canal increased 23 percent in the first nine months of 2017. That's brought millions of dollars to U.S. East Coast ports. Traffic at the ports is up 29 percent. It's become cheaper to ship through the Canal than ship to Los Angeles and move through goods by rail and truck”

GLOBAL PROPERTY COMPARISONSPanama has top quintile rental yields, combined with low comparative ppsm, 2nd highest market growth with a diversified services economy.

Toronto: Martin Pelletier, TriVest Wealth CounselGlobal Property Guide

REGIONAL TRAVEL HUBNational carrier, COPA Airlines, connects Panama to 75 destinations, in 31 countries in North, Central, South America and the Caribbean, plus major European hubs – Amsterdam, Madrid, Paris, Frankfurt and Istanbul.

Over 230 cruise ships transited the Panama Canal in 2016-2017

GROWING RELATIONSHIP WITH CHINA Trade office of China upgraded to an

Embassy in July 2017, and Panama opened a consulate in China.

China is the largest importer of goods to the Colon Free Trade Zone in Panama

In November 2017 Panama and China started negotiating a Free Trade Agreement

Direct flights between Panama and China starting from March 2018

PANAMA CANAL EXPANSION

INVESTMENT IN INFRASTRUCTURE:

FOURTH BRIDGE OVER THE PANAMA CANALConnecting Panama City with the thriving Western regions of Panama by early 2021.

EXPANSION OF THE AMADOR CAUSEWAY

$300M investment to create a tourism hub – cruise terminal, walkways and cycle tracks, upgrade Bio-Museum and Panama’s largest convention center.

TOCUMEN INTERNATIONAL AIRPORT EXPANSION

3 phase expansion – Phase 1. Passenger terminal; Phase 2. Update equipment; Phase 3 – Upgrade runways and cargo terminal.

The airport currently handles over 14m passengers per annum.

NATIONAL TRANSIT PLAN – METRO LINE

LINE 1 OPENED APRIL 2014, WITH FOUR ADDITIONAL LINES PLANNED

REAL ESTATE OPPORTUNITIES FOR INVESTORSTrends

International investors continue to see Panama real estate as a good place to park equity due to low holding costs, relative political stability, and an economy that has shown significant gains and strong growth prospects for the foreseeable future. World’s Best Long Term Investment Outlook1

REAL ESTATE OPPORTUNITIES FOR INVESTORS

Owner Financing: Ability to purchase with developer financing; up to 5x equity leverage

Tax Breaks _ New ConstructionProperty Tax Exemptios: • Value up to $100,000: 15-year exemption• Value from $100,000 to $250,000: 10-year

exemption• Value over $250,000: 5-year exemption.

HEALTHCARE• Many English speaking, US trained

doctors and specialists

• Affordable ‘pay-as-you-go’ healthcare, or reasonable monthly insurance plans ~ starting at $150USD per month (single)

• Able to get specialist appointments without lengthy delays

• Accessible doctors – provide direct cell phone numbers for contact

• Medical tourism is on the increase due to the high quality/lower cost treatment available

INCENTIVES FOR MULTINATIONAL CORPORATIONS

Over 120 multinational corporations have chosen Panama as the location for their Latin American Headquarters

Law 41 of 2007 provides immigration, fiscal and labor incentives attractive to multinational corporations in key zones: Costa del Este; Panama Pacifico; and the Canal Zone.

• Samsung• Panasonic• Nestle• Adidas• Under Armour• Procter &

Gamble• Dell• BP

• Heineken• Maersk • BMW • Caterpillar• Arcelor Mittal• Pfizer • Hoffman• Johnson & Johnson

• Roche Diagnostics

• Sanofi Aventis

• Exxon • Chevron • Total

INVESTING WITH EMPRESAS BERNPANAMA’S NO1. DEVELOPER

TRACK RECORD OF DELIVERY• Established: 1978 • Work force started with 5 employees and now has 3,500 • More than 130 projects built • More than 8,000 units delivered

DIVERSITY• Construction• Real Estate• Hotels• Tourism

EMPRESAS BERN PROJECTS

FOCUS ON: COSTA DEL ESTE

Costa del Este, located just 5km east of Panama City center, is the New Heart of Panama City.

Planned Community - wide streets, underground cabling, green spaces; oceanfront walkways

15 minutes from Tocumen International Airport Hub for multinational corporation headquarters as a result of zoning, subject to Law 41. Also

a residential hub for executives and their families. Significant investment in development and infrastructure

FOCUS ON: COSTA DEL ESTETownCenter Mall • Opened December 2017.• Shopping and

entertainment precinct• 130 Medical consulting

rooms• Office space• JW Marriot hotel

FOCUS ON: COSTA DEL ESTEHospital Pacifica Salud

Second John Hopkins- affiliated hospital in Panama

Adjacent to Town Center Mall Broke ground in November 2017,

due for completion in 4 to 5 years

Located in Costa del Este ‘Condo-hotel’ concept Exempt from the 45 day

minimum rental laws Close proximity to Town

Center Mall Studio, 1 and 2 br 70 and 76m2 apt’s Delivery in 2021 30% deposit with

developer financing available

• Condo-Hotel style apartments in Costa del Este

• Adjacent to Town CenterMall

• Studio apartments• Retail and commercial

plaza located on ground floor

• Exempt from 45 day minimum rental laws

• Corporate stays –minimium 10% ROI

• Luxury condominiums located only 15 minutes from Panama City

• Situated on a private beach• Exclusive access to Pearl Club for

residents• Access to the facilities of the 6-Star

Westin Playa Bonita resort• 1, 2 & 3 BR apartments available• 30% deposit with developer financing

available• Ocean and jungle views available. • Close to the amenities and

commercial hub of Panama Pacifico

• SHOW SPECIAL: • ONLY 8 Available

- $329,000 FULLY FURNISHED

• 103 or 107 m2 – 1 Bed/ 1.5 Bath

Absolute beachfront condominium

Resort style amenities 1 hour from Panama City in Nueva

Gorgona 10 minutes from the conveniences

of Coronado Large expat community Apartments ready for delivery

March 2018 30% deposit with developer

financing available

SHOW SPECIAL Mountain View

$169,000 Unit 13 and 14 Any Floor Available Only 10

Available

UPTOWN- Condo Hotel Calle Uruguay

Heart of Government funded urbanization of Calle Uruguay. $ 29.6 Million Investment

Panama City's New Entertainment District

Condo-Hotel with onsite property management

UPTOWN- Condo Hotel Calle Uruguay

Pre-Pre-Pre Launch – 1st Time EVER! ONLY 20 Available

Expression Of Interest ONLY w/ $5000 Refundable Deposit

Expressions of interest being taken starting at $252,000

Developer Financing High Potential ROI No property Tax for 10 Years

EVIE BROOKS 404-408-4445 evie@mypanamavacationrealty.com

• Luncheon Special Opportunity for TODAY – For More Details on Turn-Key Program – Limited to First 20

• Unannounced Show Specials VERY LIMITED OPPORTUNITY

• One-On-One 20 Minute Strategy Session with Evie

• 1 Day Tour – Friday – Limited to 10

• 3 Day Tour – Sunday – Tuesday 4 Nights Accommodations At Casa Bonita Included – Limited to 14