Documents you have to have completed, to own land or real-estate in the name of your own Panamanian company.

  1.  Certificate of incorporation of Panamanian Corporation
  2.  Share Certificates
  3.  Reforma Agraria Possession Documentation (Ownership documentation for Island Property)
  4.  Official Survey Map of your Property
  5.  All documents are in Spanish with certified English translation.
  6.  The ownership documents are registered both in Spanish and English with both the local authorities and the Land Registry in Panama City
  7.  Copies of all documentation are retained by the Lawyer as they will be required for planning permission for your house. With you being given the originals.

Persons interested in acquiring titled property must follow these steps in order to successfully undertake and minimize the risk of their transaction.
  1.  Perform a complete due diligence of the property, including a complete title search, review of cadastral maps, verification of tax good standing of the land, verification of good standing in utility bills (water and sewage, electricity, telephone, etc.), as well as verification of any other special characteristic, limitation or encumbrance over the property.
  2.  Enter into a Promise to Purchase Agreement to secure the property in order to have enough time to properly execute the due diligence regarding the property, obtain financing and arrange details This agreement shall be duly recorded in the Public Registry in order to affect third parties.
  3.  Enter into a Purchase and Sale Agreement. It is important to include an indemnification clause in the event of hidden defects of the property.

Ownership of any real estate property is confirmed once the public deed containing such an annotation is duly registered.