Have you noticed the street that your investment property is being built on at the Punta Pacifica shoreline in Panama City?  It’s a dead end street lined on both sides with huge multi-story residential properties…most of them under construction now.  Tremendous investments in Panama City’s Pacific Oceanfront real estate are represented on that street.  They look good.

Please put on your virtual reality helmet and take a look at the future of that little street…in oh, let’s say – five years. In that moment of vision into the future: it is a two lane blacktop road, lined with lots of very valuable automobiles all sitting in rows, one going each direction with their motors running, unable to move more than about five inches at a time, as all the elegantly dressed people in the back seats seethe.   Did you happen to think about ease of access to your multi million dollar property, when you noted that street being represented as a dead end on the initial site plans?  Or did you just think it looked good?

Hmm…what else was excluded from your overview?  Did your considerations include utility set up for your investors?  How about deals to keep the investor residents from standing in lines at the immigration office for a couple of hours a month to keep their visa viable?    Do you plan to make introductions to Panamanian bankers, who aren’t willing to talk with just anyone; or reliable attorneys to help them to get settled in Panama legally, tax accountants that know how to answer their foreign resident questions?  Is your plan good or does it just look good?