|

The booming real estate market in Panama has been effected by a number of factors but none more evident than in the health care sector. In this nation you have hospitals considered to be amongst the best in Latin America.
The availability of hospitals such as Paitilla Medical Center, National Hospital, affiliated to the Boston Family Hospital Group, the San Fernando Clinic and the Punta Pacifica Hospital, affiliated to Johns Hopkins Medicine International, attract even more foreigners who see quality at lower costs, each time and in this way favoring the real estate market in Panama.
Such is the case of the Punta Pacifica Hospital, which offers quality, specialized attention and on-point technology facilities to its users of which the majority are foreigners, who have invested in the market of real estate in Panama. The professionalism of its medical and administrative team produces a sense of tranquility for the retirees and pensioned, since Panama is being considered the ideal retirement destination in the world.
This is due to the fact that, the real estate market here in Panama provides exceptional incentives for the retirees, which, among other aspects, include 20% discount on medical bills, 15% for hospital services, 15% for dental and vision services as well as a 10% discount on medications.
Regarding this subject, Andrés Oppenheimer, “New Herald” columnist determined that countries like Mexico, Argentina, Costa Rica, Colombia and Panama, would be the destinations where a great number of foreigners would go in search of medical attention, in that way favoring the real estate market. For Oppenheimer, the investors in real estate in Panama would have yet another motive to promote their projects in this country, since the medical tourism will become one of the major industries in Latin America during the XXI century.
United Nations (UN) statistics show that in the next 30 years, approximately 100 million North-Americans will reach retirement age, of which a large percentage will not be able to pay the high medical costs of the health services in the United States. This market will search for new options in countries such as Panama, since the real estate sector has many incentives for foreign investors.
|