Frequently Asked Questions

• Convenient location as a hub connecting North and South America. Panama City Airport has non-stop passenger flights scheduled to 89 destinations in 37 countries; approximately 1,000 flights from Panama to USA; 534 flights to Central America; 2,000 to South America and 100 to Europe. 
• The Panama Canal and country uses the US dollar as its official currency, generating approximately over US$2 Billion in annual revenue. 
• Panama offers the Friendly Nations Visa program, which can lead to permanent residency. This is advantageous for investors interested in long-term living or business opportunities and is one of the top residency programs in the world. 
• Panama has invested heavily in infrastructure projects, including the new US$625 million underground metro on the way.  
• Panama has stunning landscapes, beaches, rainforests, and historical attractive destinations for tourists. 
• Playa Caracol will have the only internationally Margaritaville-branded beach destination real estate in Panama. 
• English is widely spoken in Panama, especially in urban areas and the business sectors with a large expat community. 
• Panama's diverse culture and tropical climate align well with the laid-back, island-inspired lifestyle synonymous with Margaritaville.  
• No environmental hazards such as hurricanes, tsunamis, tornados, typhons, or major earthquakes.  
• Panama GDP is the fastest growing economy in the region: 
  • The GDP of Panama is US$76.52 billion as of 2022, representing 0.03% of the world economy. 
  • GDP in Panama will increase between 2023 and 2028 by US$26.8 billion. 
  • The gross domestic product is estimated to amount to US$104 billion in 2028. 

• Residences will be fully equipped and finished. Margaritaville-approved furniture packages will be available for additional purchase as well.

• The property is approximately 90 minutes from the Tocumen International Airport.

Yes, there will be an onsite rental management program offered through the Margaritaville booking platform.

• Owners can decide if they would like to include their property in the turnkey rental program. In such case, the onsite rental management program will take charge of all bookings, cleaning, repairs, payment of expenses, and income distribution.

• Owners will have access to the on-site restaurants, sports courts including pickleball and beach volleyball, and access to the spa. Additionally, there will be a rooftop BBQ area that can be reserved for private gatherings.