Archive for June, 2007
Starwood ramps up Latin American presence.
Saturday, June 30th, 2007Starwood started an aggressive expansion with twelve new hotel projects in in Latin America; Mexico, Central America -and South America.
This growth aligns with Starwood’s strategy to expand its global footprint in international markets and capture business in some of Latin America’s most desirable emerging markets. Starwood is the largest and fastest growing hotel company […]
Thursday, June 28th, 2007
Property Taxes in Panama
Monday, June 25th, 2007Land in Panama is not taxable if the value of the property is $30,000 or less. Property valued above that is taxable. Improvements like a house may have an exoneration for up to 20 years so this comment is only about the land not the improvements. In the past it has been a benefit to […]
Panama: transforming banana plantations into palm oil plantations
Thursday, June 21st, 2007Barranquilla - The Panamanian Minister of Agricultural Development, Guillermo Salazar, met representatives of the Cooperativa de Servicios Múltiples de Puerto Armuelles (Coosemupar), to discuss the alternatives to convert the unproductive areas of banana into palm oil plantations. Members of the cooperative of palm oil producers of Chiriqui (Coopemapachi) also assisted to the meeting. The exchange […]
U.N. Secretary General Supports Canal Expansion
Friday, June 15th, 2007In his first visit to the Republic of Panama and the Panama Canal on Sunday, U.N. Secretary-General, Ban Ki-moon accompanied by Panamanian President Martín Torrijos, emphasized his support for the historic Canal expansion and highlighted the importance of the transoceanic waterway in global trade.
“This Canal has made a great contribution to the world trade and […]
Update on 30 Tourist Visa
Thursday, June 7th, 2007By DON WINNER for Panama-Guide.com - Today I interviewed Lic. Karen Zamora, the Chief of Investigation for Panama’s Department of Immigration, regarding the recent changes to the tourist visa law. She said they can instantly check the status of any tourist in Panama using a new and sophisticated computer system. They capture the tourist movement […]
What You Should Know About “Jubilado Visas”
Tuesday, June 5th, 2007We finally have received our Jubilado Visas! Gone are the monthly trips to immigration for renewal of temporary Visas.
The “Jubilado Visa” is a permanent tourist visa. It allows a holder to stay in Panama indefinitely without exiting the country. In fact, exiting requires another visa entirely. As a holder you are not an immigrant […]
Republic of Panama’s Newest Oceanfront Residential Resort Unveiled
Sunday, June 3rd, 2007PANAMA CITY, May 24 /PRNewswire/ — Vista Mar Golf & Beach Resort today announced the real estate launch of Las Brisas at Vista Mar, Panama’s newest oceanfront resort condominium project. Located within the gated oceanfront community of Vista Mar Golf & Beach Resort, Las Brisas at Vista Mar will rise above the 18-hole championship golf […]