ESCROW SERVICES
Escrow Services
We offer escrow services to buyers and sellers of real property in Panama or any other asset or service outside Panama as well as third party payments.
In the case of a real estate transaction in Panama, we would receive the full payment from the buyer, and at the closing, we would disburse payment to the seller, disburse payment to the broker (for realtor commissions, if any), disburse payment to the construction company (for property development, if any), disburse payment to the attorney (for legal work such as title search, buy/sell contract, title transfer, etc.), and disburse payment to any other party directly involved in the transaction that must be paid as part of the buy/sell agreement.
Escrow Fees
| Escrow Transaction Ammount |
Fee |
| 0 - 50,000 |
5% |
| 50,001 - 100,000 |
2.5% |
| 100,001 - 1,000,000 |
0.75% |
| 1,000,001 and more |
0.50% |
|
