We work with several banks (Multibank, Scotia Bank, HSBC) which offers financing to foreigners who are non residents of Panama. Because our company has such a great relationship with the banks they can offer our clients the best rates and terms.
|Independent||From 70%||20 Years||5.5%|
Application, completed and signed
Authorization Form from APC signed.
Photocopy of Personal Identification Certificate or Passport
Last two (2) personal income tax returns
Two (2) bank reference letters addressed to Panama bank
Photo copy of the Purchase and Sale Agreement
Citizens of the United States– Income Tax Return
Citizens of Canada– Income Tax Return
T1 – Independents
T4 – Salaried Employee
* Annual rate adjustable at the option of the bank. Fixed rates available (will be quoted upon request).
** Bank will finance the purchase price or appraisal, which ever is the lowest value.
Legal fees: Up to $ 2,000.00 per procedure.
Appraisal Costs: FREE!