If you’re looking for a property investment that’s only a few short hours’ plane flight from America, Panama should be on your radar. Panama uses the U.S. dollar, making it an easy place for American expats and tourists to get their arms around, and it’s hemmed in on all sides by oceans and protected land, meaning there’s no room to build endless developments.

Coupled with the government’s favorable policies toward foreigners and businesses, Panama has a lot to offer from the investment side of things — and that’s not even taking into account its beautiful beaches, idyllic views and sizable expat community.

Panama is a safe and stable country in Central America that actually ranks as a “high-income nation” according to the World Bank, something most Americans are unlikely to know. Rentals near the beach can generate $1,000 to $2,000 per month in income and potentially even more, while the cost of large homes near the beach can run $200,000 to $800,000 and up.

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