Foreign investors hold equal constitutional property rights in Panama. The legal system is transparent, the currency is the U.S. dollar, and you can own 100% of a property in your own name — no local partner required. Here’s what you need to know before you buy. 1. Can Foreigners Really Own Property in Panama? Yes — fully and legally. Under Article 47 of the Panamanian Constitution, foreign nationals hold the exact same property rights as citizens: buy, sell, lease, mortgage,