Panamonte Estates Home – SOLD


News from Panama

This beautiful home is tucked away in a wooded lot adjacent to our main park.  Click on the picture for video Panamonte Estates is home to some of Boquete’s nicest residences and is by far the best gated community in town with only 26 lots and 21 existing estate homes. The project was started many […]

August 22, 2017

Britain to boost trade with Panama, Colombia


News from Panama

  Britain plans to double financing for British companies trading with Panama and Colombia, Britain’s embassy in Panama said on Sunday. Britain’s Trade Secretary Liam Fox was expected to arrive in the Central American country later in the day to announce the new incentive, the embassy said in a press release. The move is part […]

August 22, 2017

Panama’s Convention Centers


News from Panama

  Two new projects in Panama and opening in 2018 – seek to attract convention visitors.   With 58,000 square meters (624,000 square feet), Panama’s planned Amador Convention Center (Centro de Convenciones Amador) will be the biggest in Latin America, according to the Panama Tourism Authority, which is developing the project at a cost of […]

August 22, 2017

Pence tours Panama Canal as he wraps up Latin America trip


News from Panama

  Vice President Mike Pence toured the newly expanded Panama Canal Thursday as he wrapped up a truncated trip to Latin America. Pence met with Panamanian President Juan Carlos Varela before departing for Washington Thursday evening. Pence had originally planned to stay in the Central American country overnight but is cutting his trip short so […]

August 22, 2017

For Sale – Casco Viejo Investment Opportunity


News from Panama

Ok first, we discuss investment opportunities in Panama.  Click on the video below and watch! Here is one such opportunity that I like in my favorite sections of Casco and an great opportunity to renovate a building, lease out the ground floor commercial and live in an apartment with it’s own roof top bar and […]

August 22, 2017

Panama: Exoneration of Property Tax


News from Panama

The government will be presenting a bill in the Assembly that raises the value of housing that can be exempted from payment of property tax up to $120 thousand. From a statement issued by the Ministry of Economy and Finance:   The Ministry of Economy and Finance (MEF) presented a bill that establishes the most significant reduction […]

August 16, 2017

Tender: $62 million for Driver’s Licenses


News from Panama

Susie and I recently renewed our drivers licenses here in Panama and the system is great.  Took all of 20 minutes and we are good to go for another 5 years. A tender is being launched in Panama for a service to issue driver’s licenses and vehicle ownership cards, as well as issuance of cards for weights […]

August 16, 2017

Panama: Incentives to Forestry Sector Extended


News from Panama

Another bit of good news for the environment in Panama. The Assembly approved extending to the forestry sector a program of fiscal incentives, such as exemption of income tax, real estate and introduction, among others. From a statement issued by from the National Assembly: A few months after finalizing a series of prerogatives for forestryactivities, the […]

August 16, 2017

Generali signs $172m agreement to sell Panama business


News from Panama

Generali has entered into an agreement to sell its business in Panama, the latest in a series of exits from Latin American markets for the Italian insurer.   The company will sell its Panama City branch, including its insurance portfolio, to ASSA Compañía de Seguros for around $172m (£131m, €145m). Based in Panama City, ASSA […]

August 16, 2017