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 […]
With Panama’s economy on track for sustained growth in the high single digits, private investment increases are in the double digit range and expected to top 11% for 2011. LaPrensa reports that the first quarter economic growth overall was almost 10% in the first quarter of the year. Source: Prensa.com Friday, July 8, 2011 Forecasts by private […]
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 […]
I was reading an article written by Peter Hakim In the Inter-American Dialogue about how in just one generation Latin America has arisen from numerous crisis, dictatorships, military regimes and floundering economies to becoming one of the strongest growth markets in emerging nations around the world. He addresses the issue about the potential impact of Latin […]