I keep in close touch with my friends in South Florida as well as maintain commercial real estate practice there as I know eventually things will get better and another boom time will begin. Of course it may be awhile before it begins in earnest. In the meantime it is back to free rent offered […]
Here is something Panama residential developers should be looking at and possibly trying to move the unsold product that is still under construction especially if some customers walk away from their deposits and the market gets saturated as it did in South Florida. South Americans and other foreigners are behind more than half the condo […]
In a story put out by the Latin Business Chronicle, Brazil edged out Panama for the number one slot with a total of $15,977,000 in trade last year in comparison to Panama’s total of $15,898,000. That is still pretty impressive for our small country when you compare a country that is often compared with China in […]
I read an article in the Miami Daily Business review written by Richard Serafini who is of counsel with Ruden McClosky and a member of the white collar practice group in conjunction with associate A.J. Yolofsky who is a member of the firms litigation practice group. The article should raise the hair on the back of your […]
I decided to see what was happening in Panama City as it relates to the condominium market, as I am often asked to help out in finding or selling a place for some of my readers and clients. Lacking a MLS system, Panama remains in a gray zone of “no one really knows and no […]
Last Wednesday marked the debut of Trump Ocean Club® International Hotel & Tower® Panama, which is TRUMP HOTEL COLLECTION™‘s first international venture. It is now the largest and tallest building in Latin America. Donald J. Trump and his sons, Donald Jr. and Eric, joined the Panamanian team to officially open the hotel to guests and residents. […]
We will try to present you with articles from time to time that we feel are of merit written by some of the best attorneys and law firms in Panama. Here is an article that is a good follow up to the previous post on bearer shares. It discusses the Client-Attoney relationship and was sent to me by the people at Mossack […]
In this article by the Gerli Wren and Co. Law Office, we see that Panama is no longer living in the “Gray Zone”. While it means more transparency, Panama is still perhaps one of the only jurisdictions today that allows this powerful tool when it comes to confidentiality, further to this outstanding benefit, Panama offshore corporations, bearer […]
The growth here in Panama is evident when you visit the Chiriqui province and it’s capital David. Everywhere we see new retail, office, flex/warehouse and residential development. The hospitals are expanding and the physician networks continue to improve. The middle class is continuing to press upward, demanding better and more expensive homes. The lower middle […]
Alfonso Prat-Gay William Rhodes Two minds who think alike! An article that appeared in the Dialogue caught my eye, this one by Alfonso Prat-Gay who was governor of Argentina’s central bank 2002-04. He discusses how kicking the can down the road ends up causing more trouble than dealing with issues head on. This […]