Panama real estate laws have only very few restrictions. Land in Panama could be owned in two forms, rights of possession and title. Majority of the land in Panama is purchased by the rights of possession format only, except the properties in certain designated areas of towns. Titled property could be bought and owned in a fashion similar to the US real estate laws, with the deeds recorded in public registry, known as ‘registro Publico’. However, you have to remember that rights of possession properties are not allowed to be mortgaged.
