Panama’s President Laurentino Cortizo said he’ll refuse to sign a law regulating the use of cryptocurrency until it contains tougher anti-money laundering controls. The nation’s legislative assembly passed the bill last month, which would make it easier for cryptocurrency exchanges to obtain licenses to operate in the country, and regulates transactions in digital currencies. But […]
Mobile phone operator Digicel said Wednesday it plans to wind down operations in Panama following the government’s approval of a merger between competitors Cable & Wireless Panama (CWP) and Claro. The merger, in which the Panamanian government will be a 49% shareholder and gives the companies 56% of the market, “effectively spells the end of […]
Click on the pictures for videos below of our coffee tour It was late Sunday night when I saw an email come in from my friend Rich who had just returned from Europe after 4 weeks of eating his way through Italy and France with his wife Dee. I was almost out of my month’s […]
Here is part 2 of our series of road trips here in Panama on the Chiriqui coast in the province where we live. We are extremely fortunate to have found this place when we first came here twelve years ago. Like many people, my wife and I often took trips abroad to see other lands with […]
We have been taking people around Boquete looking at places to live, invest in land and business opportunities and every-time I go out, I see another place that reminds me of the first trip that I took here in 2006. On my first road trip to Boquete, I knew I had finally found a place that I had […]
Click on the above picture for a aerial tour of Boquete Club Boquete Country Club is a truly inspirational master planned gated community located just five minutes from the town of Boquete. The design of Boquete Country Club, promises a different and special lifestyle. Combining a myriad of leisure facilities and world-class infrastructure including a […]
Panama Advisory International Group Is pleased to announce that we have been retained by the shareholders of this property on an exclusive basis This fully titled property consists of 509 hectares or approximately 1,250 acres in several large tracts.The property has numerous streams providing a constant supply of good water and there is canyon frontage […]
Villa 136 in Valle Escondido has 3 bedrooms, 2 full baths, two terraces, a double carport and approximately 2800 square feet of area. Built in 2005, there is a 20 year tax exoneration in place. At $375,000, this villa represents the best value in Valle Escondido. The views are incredible and the eastern exposure provides […]
The United Nations’ Economic Commission for Latin America and the Caribbean estimates that the region’s economy will expand 2.2% this year, a sharp reduction from a previous forecast of 2.7%. Growth in Panama is seen leading this year at 6.7%, followed by Bolivia at 5.5%, then Colombia, the Dominican Republic, Ecuador and Nicaragua at 5.0%. […]
The head of the Panama Canal Authority says officials might be forced to limit the draft of ships by the end of this year or early in 2015 if a drought continues and lowers the level of lakes that feed the waterway’s locks. Jorge Luis Quintano tells Panama’s Channel 2 television station that unusually light […]