Panama to Reinstate 20 Year Property Tax Exoneration


News from Panama

Well, just as we find ourselves coming close to the deadline, once again it is extended and for good reason as it is an equalizer that levels the playing field for developers.  Martinelli has also suggested that the affordable housing limit be increased from $80,000 to $100,000 for preferential interest subsidization.   All good news for […]

September 15, 2011

Multiple Entry/Exit Permit


News from Panama

I just heard from a couple who are in the process of obtaining their permanent visa, that their attorney said that they had needed to acquire a Multiple Entry/Exit Permit before they returned to the US.  They did not know about this as it is not publicized so, as they are still considered persons who […]

September 14, 2011

IronMan Comes to Panama


News from Panama

I know that your calendars are filling up with the upcoming events in 2012 including the Panama City Jazz Fest, the Boquete Jazz Fest, the Panama International Film Fest and every other festival we have annually, but now we can add the Iron Man 70.3 series event to our calendar which is coming in February.  […]

September 13, 2011

Panamaniac Surfers!


News from Panama

A friend of mine sent me this slide show and short story about a world renowned surfer photographer who was born in Panama and grew up with some the first guys who surfed here.  You will enjoy it if you click on the link and turn up your speakers.  See the story and slide show […]

September 13, 2011

Ocean Reef Rises Off of Panama City


News from Panama

This project was announced last year and quite frankly, I did not expect to see it progress.  It is like The World developed by Nakheel in Dubai but much smaller.  Still, for Panama this is huge and like the recent opening of Trump Ocean Club which is the tallest building in Latin America it is […]

September 13, 2011

Tale of Two Coasts


News from Panama

I saw this article posted by my friends at Business Panama and thought that you might enjoy a recent report by a visitor to our area here in Chiriqui who also visited Bocas which is  over the mountains on the Caribbean coast. Here is the article by Jenalia Moreno, Hearst Newspapers It reminded us of […]

September 8, 2011

Aging Baby Boomers May Curb U.S. Expansion


News from Panama

This is not your mother’s recovery. I might want to re write this BLOOMBERG article to the headlines of Aging Baby Boomers  Gives Rise to Explosion in Retirees Moving to Panama.  Everyone here in Panama knows that you can live cheaper and a have better quality of life without the hassles, expenses and stress we […]

August 31, 2011

New International Airport triggers development interest


News from Panama

The start of construction of the new international airport in Rio Hato has triggered significant  investor interest in the area.  We will see a surge of new hotel development as direct flights from the US, Canada and Europe bring in hundreds of tourists daily.  Rio Hato is approximately two hours by car from Panama City, and the […]

August 28, 2011