In what could be huge for Panama and Costa Rica Panama´s president is proposing for both countries to join forces by promoting tourism together in order to take advantage of each other´s products. Panama has a huge business sector offering goods and services, free trade zones, etc but lacks Costa Rica’s talent in really doing […]
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 […]
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 […]
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 […]
This is more testament as to why a few other people think Panama is the place to invest. This is in part due to real estate, hotel development specifically and the duty free zones, which are second to Hong Kong. According to a report by the Comptroller General, the country received $ 2.362 billion in […]
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 […]
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
Panama was selected to host the 2011 Baseball World Championships according to Prensa.com. The event is scheduled to have 16 teams and be played during the last week of September and first week of October. Edwin Cabrera, president of the organizing committee, said that he estimates an investment of about $ 5 million in organizing […]
As reported in CentralAmericaData.com, the high price of coffee is here to stay. Here in Boquete where world record prices are being paid for the high grade coffee grown in upper altitudes, land prices are reflecting the demand for additional production. We have investment grade properties in the $1,000,000 to $15,000,000 range either for outright acquisition […]
This property consists of the Rights of Possession to 6 hectares or roughly 15 acres of coastal property near the town of Quebrada de Piedra andthe entrance to a large estuary system where there is a Government Naval Base. There is extensive ocean front and calm protected bay waters on the other side of the […]