Planet Hollywood Hotels to open in Panama


News from Panama

  I read that Panama will be the location for one of three new Planet Hollywood Hotels.   Planet Hollywood is attempting a comeback as a hotel chain. Wyndham Worldwide, which signed a deal last year to franchise and manage Planet Hollywood Hotels, says Thursday it’ll open the first three properties under the brand known for […]

April 4, 2011

15 Pacific Oceanfront Acres in Panama for $600,000


News from Panama

Panama Advisory International Group as the exclusive agent, is pleased to offer this rare opportunity to own a piece of paradise at an unheard of price of $600,000. As with most coastal property in this area, the property consists of the Rights of Possession, in this case to approximately 6 hectares or roughly 15 acres of coastal […]

March 29, 2011

Rio Hato Is Named for the New International Airport


News from Panama

While we are excited to see the expansion underway here in David to handle direct flight to the US, the new International Airport in Rio Hato will provide a boost to the growing tourism market as it will be served by many all inclusive resorts nearby. The new  international airport for Panama’s central provinces is about an hour […]

March 25, 2011

Inflation Rises due to Fuel Prices


News from Panama

While people in the US complain that gas prices are horrendous at an average of $3.55 per gallon, try $4.30 per gallon.  But since the inflation rate leaves gas and food off the index, I guess that it not hurting anyone back there.  It will here, but in Panama most of the population takes mass […]

March 25, 2011

Panama to Import Coffee for Domestic Market


News from Panama

I could not believe that I would ever see this happening but as reported in CentralAmercaDat.com:  Due to poor yields during harvest the country must import about 6 million quintals of coffee in order to supply demand from the local market.  The purchase will be made through Bolsa Nacional de Productos (Baisa), arriving the country in […]

March 25, 2011

Carnival Time in Panama


News from Panama

El Visitante or The Visitor, which is a  weekly newspaper here in Panama, always grabs my attention with it’s great cover stories.  Jacob Ehler pens a great story with the opening of Carnival here in Panama. Carnival is coming, are you prepared? The Carnival is coming to Penonome, Panama City, La Chorrera and Las Tablas. This […]

March 4, 2011

IRS has announced another Amnesty Program


News from Panama

I have found that being transparent with the United States Internal Revenue Service has always been the best policy.  If you have not and you are found out, the penalties are horrific.  Just breeze through the following and see more on this. 2011 Offshore Voluntary Disclosure Initiative Frequently Asked Questions and Answers

February 27, 2011