Panama has gained an international reputation for its business opportunities, especially in real estate investments for foreigners. Because of Panama's property incentives and laws, real estate has become some of the most attractive foreign investments in the world. Below are some of the laws that have been enacted.

• Article 44 - This section of the constitution is the original Panama property incentive and law. The article states that ownership of real property or private investment in it, is guaranteed and protected. The article reads, " ... Private Property is guaranteed as long as it is acquired in accordance with the law by natural person or legal entity." Because of the Civilian Code, Panamanian law is applicable to both nationals and foreigners. This Code regulates contracts under the principle of "autonomous of the will". The Constitution, as stated in Article 18, confirms that particulars are free to act in all matters which are not prohibited by law.

• Law No. 6 - Based on an Executive Order and dated July 8th, 1999, this law states that the Real Estate Technical Board of the Republic of Panama has the authority to hear arguments regarding any conflict that occurs between contracting parties in a real estate transaction as well as the power to impose sanctions should that be necessary. The Asociación Panameña de Corredores y Promotores de Bienes Raíces, or ACOBIR as it is also known, has a strict code of ethics for its members. The ethics committee may act as a conflict mediator and its judgments carry legal weight.
• Law No. 13 - This 1993 law was written with an emphasis on condominium rights. Article 3 of the law specifies that the owner of this real property can transfer, mortgage, and use his or her property in all types of legal acts, between living persons or by cause of death. In addition, condominiums and other communities regulated under the Horizontal Property system are protected by Executive Decree No. 39, dated November 7th, 2001.
• Law No. 58 - Signed on December 28, 2006, this law offers incentives for investors wishing to build or improve lodging facilities outside of Panama's Special Tourism Zones. The new law creates tax exemptions for a minimum investment of $3 million in the Metropolitan area and includes import exemptions for material and equipment, the vehicles imported for tourism development, and a 20-year exemption of property taxes. Outside of the Metropolitan area, the minimum investment is $50,000. It is believed that the new law will lure more foreign investors to Panama. Law No. 58 is the first major piece of legislation providing Panama property incentives in the tourism industry Law No. 8 in 1994.

As real estate in Panama has become a desired commodity throughout international investment circles, the government has worked to both provide additional opportunities and protect the rights of those involved, whether they are Panamanians or foreign investors. This approach will continue to encourage both Panama foreign investment and investment by nationals as well.