Panama Tourism Reaches Record-Breaking Numbers

Panama’s tourism industry shows no signs of slowing down, which is good news for the economy and everyone conducting business in Panama.In a recent article for La Prensa, Roberto González Jiménez reported these numbers:

Between January through September 2008 Panama received more than 1.1 million tourists, reflecting an increase of 13.1% or 128,452 more travelers than during the same period of time from the previous year, according to the Panama Tourism Authority.

So it looks like despite any recession the world economy might be facing, the influx of tourists traveling to Panama for vacation has not slowed down. This is actually the first time ever that the first 9 months of the year have seen Read more

Obama or McCain – Which U.S. President is Best for Panama?

Let’s face it, the topic you can’t escape no matter where you are in the world is the upcoming Presidential elections in the United States. Everyone has a reason for why they are voting for so and so, or why they aren’t voting for so and so.

So, that being said, what are the reasons expats in Panama are or aren’t voting for so and so?

If Obama takes office the best possible outcome sees relations between the United States and left-wing Latin countries improving, the global economy staying strong, benefiting Panama’s current housing and industrial plans. If Obama’s plans don’t go over so well in the United States, Panama could actually reap even more benefits. Read more

Guide to Make Money and Travel Full-Time

Chris Guillebeau is the mastermind behind “The Art of Non-Conformity,” an online blog that touches on unconventional strategies for life, work, and travel. He is also a friend of this traveling gringo. Chris is an amazing character who has spent time the last ten years self-employed, four of them in West Africa as a volunteer aid worker.

Chris’ most recent project is a series of Unconventional Guides and other informational products. These will be available for purchase and expound upon the topics he regularly tackles on his blog: Life, Work and Travel.

The Unconventional Guide to Working for Yourself is an authoritative look at being self-employed. It explains how you can make money and spend Read more

Bet$Win 2009 Passport to Paradise Contest

Win a 5 day/4 night trip to Waikiki Beach!

2 Round-trip tickets to Honolulu, Hawaii, rental car and $500 cash included

 

How to Win:   Sweepstakes Prize Drawing

Drawing Date:  3pm.  Jan. 31 , 2009 in Bet$Win Sports Café at Veneto.

Prize:  

2 -Round.Trip. American Airline tickets to Honolulu, Hawaii. 

5 – Days/4 Nights Hotel at world famous Waikiki Beach.  

Rental car to use.

$500 Cash to use for Tickets to Pro Bowl, food, anything you like.

How to Play:  Present $50 worth of B$W tickets to Supervisor at any Bet$Win location   and receive your Passport to Paradise. Fill out info and sign on the back Read more

The Cost of Living in Panama

Panama City has been transformed from a run-down third world city, to a bustling metropolis with a first world infrastructure. Hip neighborhoods attract more and more positive attention from outside investors, pursuing creative business adventures at third world costs.

In a place where you can live at 1/10 the value of the United States, investment or retirement in Panama has proven to be one of the best lifestyles one can adopt.

Courtesy of our friends at Semusa Realty in Panama City, here is a pricing chart identifying some of the basic costs for living in Panama City.

 

MONTHLY EXPENSE (In US Dollars)

Read more

Panama is the Place to Escape the United States Recession

As the US economy continues to decline Americans are being forced to change the way they handle their dollars as they slide in value against the British pound and the Euro. As businesses buckle down to face the brunt of a world recession many are left wondering how the US is going to weather the storm and if, when the dark clouds of decline finally rise, the economy will be able to recover.

Many businesses have already taken steps to recession-proof themselves by trying to draw in foreign sales. In recent article from Business Week it was stated that “the strongest U.S. companies may be the ones with the biggest footprint abroad.” By having their fingers in multiple Read more

Delicatessen and Gourmet Groceries in Casco Antiguo

Shopping for high quality groceries and special products can be a little difficult in Panama City, which is why Super Gourmet first opened in Bocas del Toro in 2007. Now, after enjoying seven years of success providing the best in deli products and other hard to find products, Super Gourmet has opened up a second location in Casco Antiguo.

At Super Gourmet you can find gourmet products that are hard to find elsewhere such as imported cheeses and beers, fine wines and high quality cigars. Super Gourmet is located in Casco Antiguo behind the Canal Museum. The original Super Gourmet in Bocas del Toro is found on Main Street.

Super Gourmet is open from Monday to Saturday Read more

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