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<For Panama, the influx of wealthy Venezuelans has helped fuel a real estate boom that has been a big factor in the economy's growth rate this year of more than 9 percent.
Real estate salesman Jorge Blaisdell is selling 500 houses on the outskirts of Panama City that will go for between $300,000 and $800,000, and have been advertised extensively in Venezuela.
"Some 80 percent of our clients are foreigners, and 75 percent are Venezuelan," Blaisdell said. "They are looking for a plan B.">
Real estate salesman Jorge Blaisdell is selling 500 houses on the outskirts of Panama City that will go for between $300,000 and $800,000, and have been advertised extensively in Venezuela.
"Some 80 percent of our clients are foreigners, and 75 percent are Venezuelan," Blaisdell said. "They are looking for a plan B.">
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