Panama is open for business — but money launderers need not apply. That was the message of Juan Carlos Varela, president of Panama, speaking with the Post on Thursday night at a party he hosted at the Four Seasons Hotel in New York, where he sipped on gourmet Panamanian coffee and feasted on his country’s […]
The new maritime single window promises to speed up the transshipment process, improve port exit times and reduce the use of paper through a digital system. From a statement issued by the Panama Canal Authority: From today, the Panama Maritime Single Window (VUMPA) will operate for ships arriving as of Sunday, September 24, according to Jorge L. […]
This is an excellent interview and worth watching. Panama Finance Minister Dulcidio de la Guardia discusses the supervision of the country’s financial industry with Bloomberg’s Erik Schatzker. (Source: Bloomberg)
My friends at Punta Pacifica Realty in Panama City raises an exciting possibility. An intriguing possibility has emerged as Panama formally launches diplomatic relations with China. The Panama government has reportedly discussed the possibility of China building a high-speed rail line from Panama City to the western city of David. This would be a game […]
This huge and a real game changer for property owners in Panama. If you own a primary residence with a registered value of $120,000 or less, you pay no real estate taxes – Forever!!! Plus, any amount from $120,000 up to $700,000 will be taxed at only one half of one percent. That means that […]
In this post, I will share some of my experience with building here in Panama. This is packed with ideas that I can share with you and hopefully I can help you with your building project here. During college, I learned the construction trade, building both all wood and all concrete structures. I developed skills in […]
My friends at Amigos de Animales sent me this note and the pictures from the Patio Sale where they raised over $17,000. Amigos de Animales would like to thank the community of Boquete for its wonderful support of the Venta de Patio held on Sunday September 10. We surpassed last years earnings and brought in […]
So, you want to know about corn?” Rafael Mier asks, grabbing two suitcases out of the back of a beat-up station wagon. “We are having a crisis in Mexico.” It is, as it always is, a bluebird day in Baja California, Mexico. When I heard a man was in town who was trying to save […]
Yashu Gola writes in LiveBitCoinNews.com about the growth in real estate in Panama. It is evident when you see our highway from Boquete to David ($118 MM) and pass the new Federal Mall ($180 MM) as you come into David. I counted no less than a dozen new shopping centers and office building under […]
A feasibility study is being carried out for the extension of Line 2 into the financial zone and then extending it up to Paitilla, instead of ending it at Urracá Park, as originally planned. Elcapitalfinanciero.com reports that “…According to Panama Metro’s Planning and Development Director Ana Laura Morais, they are waiting for the results of the passenger demand […]