I have investigated the idea of using more of my IRA money to buy real estate here in Panama. Not only can I legally do this but, I can leverage my investment so long as I am not personally responsible for the loan and obtain what is known as a “non-recourse” loan. Personally, I will […]
Soon we will have a brand new terminal that will be four times bigger here in our International Airport in David. So far the $27 million airport expansion is progressing well and all the work will be finished next year. That will coincide with a $170 million roadway expansion program that includes our four lane […]
. This sounds like a great way to visit Cartagena Colombia. Drive over from Panama City to Colon and take an overnight cruise for $99 round trip! A private cabin is more but worth it compared to flying. A shipping vessel owned by Panamerican Seaways with capacity for 1,500 passengers and 500 cars, will begin […]
The Visitante recently posted an article on an upcoming event where the Boquete Baru EcoFest 2012 has already signed up 500 people to ascend Panama’s tallest mountain at once. Participants will enjoy a two-day hiking excursion and camp overnight at the top of Volcán Barú, the highest point in Panama, on Saturday, April 21 to […]
We have found a number of wonderful properties here in Boquete that we can recommend if you are thinking of investing and or moving here. We have lots from $55,000 to estates of 24 plus acres as well as a select number of custom built homes, most built within the last 3 years that still […]
With an estimated 22,000 room inventory about to happen here in Panama City, the private sector has successfully lobbied the government for more incentives. This is the beginning of more to follow as the operators struggle to compete for a finite amount of tourists and businessmen visiting Panama. That said, this inventory and the new […]
Well the summer is ending here in Panama and we had our first rains this week as the Inter Tropical Convergence Zone (ITCZ) starts it’s march northward. While the mountains have been alive with flowering bushes and trees of all colors and shapes, our pastures are dry and brown. Rain will quickly change the landscape. […]
Here is an article that appeared in the US News and World Report that lists Panama as the number 1 place to retire. By Kathleen Peddicord | U.S.News & World Report LP – Mon, Mar 19, 2012 4:00 PM EDT When choosing a place to spend your retirement years, the cost of living is important. But it […]
If you do not have $300,000 in funds to invest here, you can still get a visa. This one requires $60,000 and can get you started in a profit making venture if you have an AG background. This is a reprint from the Visitor written by the Staff at Panama Offshore Legal Services. Last October […]
My friends from New York recently opened a new hotel in Casco Viejo and it is a hit. The area of Cacso is similar to the older sections of New York City where my friends have done renovations similar to the hotel that they just opened here. Here is a story by Jacob Ehrler from […]