You’ve found the perfect overseas property and now you need the funds to buy it.
Obtaining a mortgage in Central America can be a tricky and tiresome process. Ask anyone who’s tried it.
But the industry is maturing, especially in Belize, a relative newcomer to international banking whose industry only began in 1996. Panama is the 800-pound banking gorilla in the region and has been for many years, but it doesn’t provide mortgages to North Americans buying property outside of Panama.