Panama News
Thoughts about investing in Panama by the Gringo
Sunday, June 29th, 2008In recent years Panama has been growing in popularity among retirees, expats, and investors. In fact, International Living rates it as the No. 1 place to retire in the world, and not without good reason. Panama offers a higher quality of living at a lower cost and with less crime than typical Central American destinations […]
Panama Bay is beginning to be filled in for road expansion of Balboa Ave
Wednesday, February 6th, 2008_qacct=”p-ff1az3f2cSl0o”;quantserve();
The expansion of Avenue Balboa is underway with the proceeds of the canal expansion being used to fill in some of the low tide parts of Panama Bay.
The plan is to widen Avenue Balboa to relieve some of the crushing traffic flow and to install a beautiful public park.
Panama is definitely a country in […]
BRAND NEW : Panama Medical Vacations
Thursday, December 27th, 2007_qacct=”p-ff1az3f2cSl0o”;quantserve();
With today’s rising medical and health care costs, ever wondered where it will stop and how long can you, your company or your HMO can keep pace? You are not alone, the ranks are filling. Everyone wants the best when it comes to their own personal health care, but few can afford the skyrocketing costs.
Would […]
Christmas celebration starts early in Panama
Wednesday, December 12th, 2007_qacct=”p-ff1az3f2cSl0o”;quantserve();
The music of the marching bands filled the air for hours from the annual Christmas parade on December 9th.
Balboa Avenue was jammed with thousands of spectators as Panama welcomed the Christmas 2007 season.
The event ended with an incredible fireworks show over the city.
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 […]
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 […]
Mistakes and Blunders for the First-Time Panama Investor
Sunday, April 22nd, 2007(Courtesy of www.thepanamareport.com)
We get a lot of questions everyday asking about Panama real estate. Which developers are trustworthy? Where is the next up-and-coming investment hotspot? How should you best invest your, say, $300,000? Because the Panama real estate market is so new, it can be extremely difficult, if not downright frustrating, to find good, reliable […]