I must say that I was surprised like a lot of folks that Panama actually moved forward with this agreement. Since I invested and moved most of my funds to Panama several years ago, I made the determination that I would remain transparent to the United States (IRS) and have filed the annual reports necessary […]
Here in Boquete like in most places in Panama, we celebrated independence days and I wanted to share this with you. BOQUETE A friend of mine here in Boquete sent me this note and link to pictures of the parade last weekend celebrating the last of the November holidays here in Panama. Mark Heyer speaks […]
Central America Data recently reported another investment Panama is making in its infrastructure to keep up with the growing population. We now have a new sewer system being built in the City along with an expanded coastal highway and the start of a new Metro System for a greatly improved transportation network. Source: CAF Wednesday, […]
This in from a report by Estrella. It confirms that Panama has remained to certain degree, insulated from the economic problems up north and will continue to grow. PANAMA. A few days before the start of the new year economic projections are outlined in positive. Between 5% and 7.5% expected growth of the Panamanian economy over […]
I have often discussed the topic of land banking and the reasons are becoming more important as an investment strategy for a portion of your portfolio. Here is a recent article that I found of interest. Land banking can be a lucrative investment, especially if you acquire land that could be attractive to future developers. […]
A friend of mine in the aircraft business here in Panama sent me this and I think that this might be a great business opportunity here in Panama. Plus it is something that I have been promoting and that is exchanging property. Here is what he sent me. Trade your Panama Real Estate for a […]
I am currently in Miami enjoying a wonderful few weeks and Thanksgiving with family. One of the treats that I bring up from Panama is coffee and not your ordinary tipico bean but some of Panama’s best which comes from my town of Boquete where we live in the western highlands close to Costa Rica. […]
Panama’s president Ricardo Martinelli has been in the news recently with interviews on Fox and a recent article in Time magazine where he is portrayed as a strong leader who runs the country like he runs his company Super 99, one of Panama’s leading grocery store chains. This article that I read is another testament […]
OK, besides my home town of Boquete here in the western highlands of Panama…………………. The next hot spot is emerging and the town is starting to take shape as a community like Boquete which is now shared by locals with a lively expat community. Pedasi is a place that I have mentioned often before and a place that I visit whenever I […]
The new Cinta Costera or coastal highway in the City is another huge project that was completed last year and is expanding again next year. The best news thus far is the governments consideration of the old City or Casco Antiguo, a UNNESCO world heritage site, is the proposal to tunnel under the city as […]