Latinamerica Title Company (LATCO), exclusive representative in Costa Rica for Chicago Title (USA), open a new office in Panama City, Panama as part of a new expansion process in latinamerica

In Panama, it became the first title insurance company audited by the Superintendent of Insurance and Reinsurance. Aside from Panama, the company is projecting an opening of new offices in South America, primarily locations with an up and raising real estate development.

The decision of investing in places outside of their local region by companies or third party people generates lots of business opportunities for the company. With the acquisition of this type of insurance, the investor guarantees protection of his property for all risks that may not be detected inside the public registry documents, this quoting Alvaro Salas, VP of Business Development of LATCO.

In spite of the crisis currently affecting the Real Estate business, the company assures that in destinations such as Panama the legal structure contributes to the development of the business.