This comes under the saying by Paul Getty: “Formula for success: rise early, work hard, strike oil” (UPI. com) PANAMA CITY, Panama, Sept. 1 (UPI) — Expert surveys in Panama have established the Central American nation is sitting on an oil bonanza worth at least $15 billion. Panama is dependent on imported oil and rising […]
I have been asked by several people about the status of the 20 year tax exoneration so I asked my freind in Panama City what he knew. Kent Davis is well versed in the subject which is one of the main selling features of a residence in Panama and one that kept the condo […]
As I am a reader of Alternative Latin Investor, I was sent this plea and I intend on joining up with them in their efforts and that of Cuipo to save Latin America’s rain forests. I ask that you consider this as well. Here is their story. Please join Alternative Latin Investor and Cuipo […]
Here is a great article from Escape from America that a friend of mine sent me that shows a sample of what Panama has to offer and it is well written. From Beautiful Beaches to Cool Highlands, Which Community Is Right For You? Bocas Del Toro Panama’s Caribbean playground, known by the locals simply as […]
President Martinelli has led the push for increased connectivity in Panama. Panama has replaced Uruguay as Latin America’s technology leader, according to the sixth annual Latin Technology Index from Latin Business Chronicle. The Latin Technology Index provides a unique comparison of the technology level of 19 Latin American countries by looking at the penetration rates of Internet, broadband […]
Here is a great BLOOMBERG report about a man who sold at the top and often buys at the bottom, Sam Zell, aka “The Grave Dancer”. You need to know that even while Panama hits her stride, Columbia is another place to watch right now. By Prashant Gopal, Brian Louis and Betty Liu – Aug […]
According to a report presented today in Santiago, Chile, by the Economic Commission for Latin America and the Caribbean (ECLAC), the value of goods exported from Latin America and the Caribbean will grow by 27% in 2011, which is a similar increase to that of last year. This growth would result from a 9% increase […]
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 […]
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 […]
I read in Fox News Latino where both Columbia and Panama are contributing $210 million towards a joint venture for the completion of a project that will allow the transmission and sale of surplus electricity from Columbia to Central America. Colombia and Panama will invest $420 million to construct a power line that will start […]