The old Panama City neighborhood of Casco Viejo is on the brink of becoming the newest property hot spot in this booming Central American country. This oceanfront community of old Spanish colonial homes sits on a small peninsula along the coast of Panamas capital city. It is a booming nightspot and many of the old buildings are in the process of being renovated into condominiums, apartments,
Panama City’s Casco Viejo neighborhood is receiving more praise as Panama City’s hottest neighborhood and was called “a cultural cornerstone” rivaling Miami’s South Beach in the New York Times. Panama City’s up-and-coming historic neighborhood has attracted the attention of international media outlets. Last month Casco Vieio was featured in an article in The Guardian. The [...]
It has become customary to see people selling all kind of merchandise through out the Panama City’s Casco Antiguo. You can find many different things, from native art crafts to more traditional objects. Despite sharing the name with the country, the Panama hats are from Ecuador. These were on display a few weeks ago on [...]
A recent post in The Panama Report investigates the current condo market boom in Panama City. The author of the article, a real estate development consultant based in Panama City, discusses the fundamentals of the condo market in Panama City, which have led him to conclude that the market may be on the verge of [...]
Following our announcement a few weeks ago, we're happy to announce that Western Union is now offered as a payment method for publishers located in Panama. To sign up for payments by Western Union, sign in to your account and follow these instructions. Please also keep in mind that we're only able to make Western Union payments to individual payee names, but not to businesses.
Normally, I am not one to toot my own horn loudly. That is of course, unless something very special occurs and I just have to tell the world about it or bust wide open with joy!
Let me tell you of something very special and dear to me that has...
Panama's economy has grown thanks to the recent real estate market. This has increase the auto purchase potential of many locals and newcommers in town. Not even the global energy crisis and high fuel prices has put a stop to the unbearable traffic we get to drive in each week day. Now, our govenment provable greatly influenced by investors and developers believing in this country, have started wo
Panama’s Pearl Islands were recently featured in an article on CNN, and were described as a “beach bum’s paradise.” The Pearl Islands are located 30 miles off the Pacific coast of Panama in the Gulf of Panama, and can be reached via a short 20 minute plane ride from Panama City. The tropical islands were [...]
Panama will share 6 million ecological bulbs, approximately two for every citizen, as a measure to meet the increasing demand for electricity, president Martin Torrijos announced. The operation " ecological bulb" implies that the government buy ecological fluorescent bulbs, worth of 13 million dollars to replace the incandescent ones.This program is similar with others that have taken place in Cub
Country LocationOfficial Name: Republic of PanamaContinent: AmericasRegion: Central AmericaNeighbours: Costa Rica (NW), Colombia (SE)Capital: Panama CityCountry InfoPopulation: 3,320,000Area: 75,517 km²Language: CastellanoNational Day: 28th, September (1821)Regime: Constitutional DemocracyCurrency: BalboaReligion(s): ChristianityShort Info BBC Country Profile: However, it is for a feat of enginee
Panama’s government is reporting that economic activity has increased 6.96% this past June in comparison to the same period last year. Panama’s economy still appears to be staying strong, despite the sinking dollar and turmoil hitting the markets in the United States and Europe. It will be particularly interesting to see if the trend continues [...]
I recently had the opportunity to interview Sylvain Duford, who is currently building a house in Altos del Maria, Panama, and is chronicling his adventure in his blog,Sylvain’s Panama Adventure. According to his blog, Mr. Duford is a former Canadian Airforce pilot, and is currently a software engineer. He began writing about his experiences building [...]
The Casco Viejo neighborhood of Panama City (also called Casco Antiguo) is “one of the hippest barrios in Latin America,” according to a recent article in the Guardian. The article describes the growing popularity of Panama’s capital city as one of the fastest growing tourist destinations in Latin America. Once a stopping off point for [...]
Well, we made it to Panama City Beach just fine; a little later than we had expected but we made it nonetheless. Oh wait, that’s right…you probably didn’t know we were going in the first place.
There is no “Fay” here. Sure, it’s a little windy but that’s about it. I’ll check back in with [...]
Panama has amended several immigration regulations that impact real estate investors in Panama, according to the My Panama Lawyer Blog. Some of the laws changed include the length of stay allowed for tourists, regulations on foreign workers, changes in the minimum investments for forestry and other visas, and an increase in the required minimum income [...]
Congratulations to Irving Saladino, who took first place in the men’s long jump on August 18th at this year’s Beijing Olympics, bringing home Panama’s first gold medal in Olympic history. The gold is the first medal awarded to a Panamanian athlete since Lloyd LaBeach took home two bronze medals in the 100 and 200 meter [...]
Austin, TX - (ZPRYME NEWS) – 08/19/08 – On the wake of Irving Jahir Saladino Aranda of Panama winning the gold medal in the men’s long jump at the Beijing Olympics, (turning in a leap of 8.34 meters) – another precious mineral is also being sought out in his home land, diamonds.
Panama, like most [...]
(NewDesignWorld Press Release Center) 18 August 2008, Beijing, China -- Despair and disbelief filled the National Stadium when home-crowd favorite and defending 110m Hurdles gold medallist Liu Xiang of China failed to complete his first-round heat.1 Vote(s)
I have received an quite a few suggestions and requests for additions to the Bay County Schools section of my web site. A big thank you to everyone for contributing!To continue my policy of providing the finest, most complete information on the Panama City area I am pleased to announce a newly designed Bay County School page. Each school is conveniently marked on the map with the address and ph
Country Home magazine, in conjunction with Sperling's BestPlaces, has recently revealed that Panama City/Lynn Haven is one of the best 'Green' cities in the United States."The Best Green Places study, which is based on data discovered by Sperling's BestPlaces, examines 24 data metrics in 5 major categories -- including air and watershed quality, mass transit usage, power usage, farmers markets, or
Panama City Beach continues to receive praise for its pristine beaches by recently being named a “Best Beach” by Conde Nast Traveler. The award winning travel magazine included Panama City Beach in its list of the 20 Best Beaches in America. Conde Nast Traveler states that Panama City Beach is one of eleven epic beaches on America’s East Coast that “marries the outstanding physical assets
Located 45 minutes north of Panama City, the Nikki Beach resort is scheduled to open in March of 2008. The Nikki Beach Playa Blanca Resort and Spa complex will include a 140-unit condo-hotel in addition to two other elements, Nikki Beach Residences, which will feature 60 two and three bedroom ocean view apartments, and [...]
Panama does not in any way shape or form participate in any tax treaties. They also do not acknowledge tax related investigations as criminal situations. Panama will never disclose a person’s financial information for any reason relating to a tax issue. Tax evasion is considered a civil matter in Panama. In Panama you must commit [...]ShareThis
For anyone interested in keeping up to date on local news and events, here is a selection of English language newspapers in Panama:
The Panama News: an English language online news magazine with articles written by Eric Jackson. The magazine features a variety of stories on topics that relate to Panama’s economy, culture, lifestyle and natural [...]
You ask yourself this very question. Why do a lot of foreigners prefer settling in Panama? You scratch your head in wonder. The following reasons could aid you in this tricky mystery.• World-class tourist spotsThis Caribbean paradise had a lot of white sand beaches you can choose from. Also, tropical forests, mountains and other historic sites can be found in this place. There are about a
A recent Reuter’s article ranked the Garden of Eden Resort in Bocas del Toro the number two ‘clothing optional’ resort destination in the world. The top resort went to a scandalous sounding resort in Mexico called The Au Naturel Club (definitely not beating around the bush with that one). According to the article, the Panama [...]
Panama is currently building the first diamond market in Latin America. The 50 story diamond bourse will include safes, a gemological institute, laboratories, polishing and cutting facilities, and a trading hall.The diamond market is expected to attract 300 traders, and will serve growing markets in Brazil, Chile, Mexico and Argentina. The $200 million project in [...]
Donald Trump’s company Trump Entertainment is planning on opening a casino on the Pacific Ocean in Panama City. The casino would be Trump’s first gaming facility outside of the United States, and is likely to feature slots and assorted table games. The casino will be part of the Trump Ocean Club hotel and condominium complex [...]
Panama City has seen incredible amounts of construction in recent years. A slide show from La Prensa includes photographs documenting the construction boom in Panama City.
Here is a link to the slide show, translated by Google. Clicking on the individual pictures should provide an English translation. The original Spanish version of the slide show can [...]
Panama has the highest rate of foreign direct investment as a percentage of GDP of any country in Latin America, says the Latin Business Chronicle. Panama’s $1.8 billion FDI contributes to 9.1 percent of the country’s nearly $20 billion GDP. Following Panama on the list were Chile, El Salvador and Costa Rica. Ecuador and Venezuela [...]
Panama is growing in popularity as one of the new “it” places to go when planning an out of country vacation, and it is easy to see why. It has the lowest crime rates out of all of Mexico lining up with the United States for tourism safety, it has plenty of activities including both beaches and adventure, is very close and convenient to major airline hubs in the United States, uses the Ameri
Welcome to my view related on war between all the remaining small properties in Panama against the new comercial and residencial skyscrapers in downtown Panama City.If you do get to see one of these spanish colonial antique real estate in Panama I refer to, be sure to stop, and capture this exotic image quickly, because the next time you walk on by, it it will not be there. Residents of Panama are
Panama has consistently been ranked among the top international retirement destinations (and held the penultimate position in International Livings rankings until being beaten out by Mexico this year) in part because of the country’s generous ‘pensionado’ program. Anyone over the age of 18 with an outside pension income (including social security) of over $1000 can [...]
I am pleased to announce that August 25th and 26th www.jennifermackay.com, Panama City Real Estate and Keller Williams Success Realty will be attending the Keller Williams Mega Camp convention in Austin, Texas!We will be hosting a booth at the convention and promoting several commercial and residential Bay County real estate development projects such as the Panama City - Bay County International A
Unlikely current events have been fueling a sharp increase in British tourism in Panama; the ongoing investigation of John Darwin, the infamous ‘canoe man’ who faked his death and fled to Panama, as well as the upcoming James Bond film ‘Quantum of Solace’ (filmed in part in Panama) have brought attention to the country, kindling [...]
Once again I am very pleased to welcome and announce our newest team member, Leslie Newmans.Leslie brings years of building, investment and real estate savvy and knowledge to the team and is a welcome addition.Please join me in welcoming Leslie not only to my team, but the Keller Williams Success Realty family of professionals.If you are a currently licensed Florida Real Estate agent or ready to c
When conducting business or investing in real estate in a foreign country, it is always important to be particularly aware of the country’s customs, holidays, and social practices. Being negligent of these factors can be extremely damaging; even unintentional mistakes can sour deals that otherwise would have worked. A recent example is that of Anheuser-Busch, [...]
Panama, following record 11.2% economic growth last year, is now looking for new ways to capitalize on their success by attracting movie producers to the country, reports the Houston Chronicle. The upcoming James Bond film, “Quantum of Solace” was filmed in part in Panama, and “injected a huge amount of money into Panama,” according to [...]
Panama’s ambassador, along with diplomats from 40 other countries, recently toured several high tech United States companies to learn about operating technology companies. According to a post in the Wall Street Journal’s Business Technology Blog, Ambassador Federico A. Humbert Arias was particularly impressed with HP’s “Halo Room;” a video conferencing system that uses 50 inch [...
“There is one of the world’s most exciting short-term rental yield opportunities at play today in Panama City.” — Ronan McMahon
by Ronan McMahon
Baltimore – (TFN): My former Panama condo is now a boutique hotel suite. I’ve just seen the photos.
The Panama City condo market first got my attention 4.5 years ago. Back [...]
As real estate prices continue to escalate in popular Panama destinations such as Panama City and Boquete, investors are beginning to look at emerging markets elsewhere in Panama. Matt Landau, an expert in Panama real estate and publisher of The Panama Report, recently wrote an article on some of the budding markets in Panama. Here [...]
There are Panama real estate properties for sale and rent with an emphasis on beachfront property and real estate in or around Panama City. Everyday hundreds of American retirees are finding Panama to be a real value. Beautiful beaches, great weather, and great people.
Submit your business to free real estate directory
TAGS: real estates, exotic real estates, exotic houses, mortgages, houses fo
Located in the highlands of western Panama, Boquete, Chiriqui is one of the most popular destinations in the country for North American expatriates and retirees. The Boquete Panama Guide is a blog written by an American couple that relocated to Boquete in 2006 from Arizona, and describes their experiences living in the region. [...]
Strange revelations about an Oxfordshire town. Plus David Icke's political ambitions and Morgan Tsvangirai's wisdomHarvest of Thorns
The eyes of the world’s bloggers this week turned with swelling revulsion on the brutality, hunger and violence engulfing Zimbabwe. Widely promoted was the Friends of Zimbabwe blog, which has provided daily coverage of the ongoing crisis.
Bloggers from across Afric
Strange revelations about an Oxfordshire town. Plus David Icke's political ambitions and Morgan Tsvangirai's wisdomHarvest of Thorns
The eyes of the world’s bloggers this week turned with swelling revulsion on the brutality, hunger and violence engulfing Zimbabwe. Widely promoted was the Friends of Zimbabwe blog, which has provided daily coverage of the ongoing crisis.
Bloggers from across Afric
For many US expatriates, one of the most appealing aspects of transitioning to life in Panama is the fact that Panama does not print their own currency (Panama does mint their own coins, yet they maintain the same dimensions and composition as the United States equivalents), having been on the United States dollar since the [...]
Hard Rock International recently received the necessary approval to begin condo sales for their new Hard Rock Hotel Panama located on the Pacific Ocean in Panama. According to a press release I received from a reader earlier this week, this major project will be located in Playa Blanca, and is to include 499 units, [...]
Panama showed a 9.48 percent increase in economic growth this April over the same period last April. This is up from a low 2.2 percent growth rate in March, which marked a five year low for Panama. The growth in the economy was largely due to the strong construction, mining, and hospitality industries, according to [...]
Despite an economic downturn in the United States, maritime authorities in Panama are projecting a ten percent increase in the number of shipping containers transported through Panama ports in the next year, as reported last week by Reuters. It is predicted that 5.6 million 20-foot shipping containers will be handled at Panama ports in [...]
Giovanna has got all the curves you could want and more. She has been acting, promoting latin clubs in the DC area and appearing in print. All I can say is ‘mucho gracias’. She belly dances, works a dance pole and now we need to see her moves in a music video.
Giovanna [...]
News about the real estate boom in Panama City seems to be in never ending supply (making this my third Panama City update this month, read here and here). This week the honors came from the LA Times, in an article they ran entitled “Panama City: A Boomtown With Growing Pains.” The title alone seems [...]
A recent article stated that a coffee varietal known as Panama Esmeralda Especial Reserva is currently fetching $15 a cup at some United States coffee shops. The coffee, which is available at several locations near Portland, Oregon, is an extremely rare bean called a geisha varietal, and is highly regarded by coffee connoisseurs. According to [...]
A recent post on the International Herald Tribune’s blog “Raising the Roof” mentioned a recent report put out by CB Richard Ellis on the condominium market in Panama City. The report, which can be found here, has some interesting statistics related to the current market in Panama City, including the fact that there [...]
The Minister of Agriculture and Rural Development Cao Duc Phat and Panamanian Minister of Agricultural Development Guillermo Salazqar signed a memorandum of understanding (MoU) on agricultural cooperation in Hanoi on June 9.
The MoU is a legal framework to encourage further bilateral cooperation in agriculture and related fields among scientists and agricultural research and development
The Panama Investor Blog had a useful document on taxation in Panama posted yesterday. The report, which is in .pdf format and published in English, is produced by the audit and tax advisory firm KPMG, and can be found here. The document provides an in depth look at Panama’s tax regime, and how it [...]
According to an article in The Scientist and a recently published book, “Banana,” by Dan Koeppel (I haven’t read it yet, but I did enjoy his “To See Every Bird On Earth”), the worlds banana supply is currently at risk of being decimated by the fungus Fusarium oxysporum, commonly known as “Panama Disease.” The [...]
An article published today in NuWire Investor investigates the current construction boom in Panama City, taking a look at how the large influx of condominiums coming on the market in the next few years may make Panama much less appealing as a short-term investment. Nearly 50,000 preconstruction condos are currently for sale in Panama [...]
Multinational oil corporation BP is planning on reopening and reversing the flow of a crude oil pipeline in Panama to bring Atlantic basin crude oil to west coast American markets. The pipeline was originally created to pump Alaskan crude from the Pacific to Atlantic side of the isthmus, yet was shut off in 1996 [...]
Versace Home, the interior design arm of the global fashion house Versace, is designing the interiors for the new luxury residential high rise Vita Tower in Panama City. Versace Home has designed only a limited number of other private developments, including the famous Plaza Hotel in New York City, and is hoping the project will [...]
While Panama has recently seen an increase in tourism, as reflected in hotel occupation rates, it still lags behind its northwesterly neighbor Costa Rica in attracting eco-tourists. This is surprising given Panama’s unique geographic location, high levels of biodiversity, and longstanding relationship with the United States. In addition to this, Panama is home [...]
Panama President Martin Torrijos has announced several measures that aim to lower food prices in the country, particularly for rice. The government has announced that they will purchase 100% of the rice harvest in Panam21a this year, and sell it back to consumers at a fair price below market value. In addition to [...]
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By Cailey Halloran
Lately, there has been plenty of discussion about Panama and its potential for tourism. Ruben Blades and IPAT are unveiling their “tourism master plan”, hotel projects are in the works all over the country and the real estate market is booming. Despite all the talk, hope and speculation, Panama has little history of [...]
UK developer London & Regional is currently working on one of the largest master planned mixed-used developments in the world, Panama Pacifico, at the former United States Howard Air Force Base. The decommissioned US military facility was turned over to Panama’s government in 2000 when the United States officially ended their 90 year control [...]
Después de días de espera aterrizaron en Panamá, “Los Extraterrestres”, Wisin y Yandel, con un show que dejo satisfechos a todos. Desde tempranas horas de la tarde ya se veía llegar a las personas, comenzado a formar fila en espera del evento, fue mucha la preparación y organización que se tuvo. La seguridad interna del evento y la fuerza pública nacional hicieron un trabajo grato ya qu
Panama was listed 48 in the Global Peace Index released by Britain’s Economist Intelligence Unit, putting Panama one spot ahead of the United Kingdom. The index ranks 140 different countries according to factors such as military spending and respect for human rights. Iceland and Denmark took the top spots in the rankings this [...]
Panama has little history of tourism success and no clear plan for success. Success is defined differently by many involved in these discussions, but more worrisome is that few agree on what defines failure.
Original post by Jessica Marshall, Discovery News
The government of Panama is hoping to reinvigorate their second city, Colon, which has suffered economically since the United States ended their military presence in Panama. Colon was founded in 1850 as the Atlantic terminus of the Panama Railroad, which was a major route to California during the gold rush. The United States [...]
Hace unas semanas “El Duo de la Historia”, Wisin y Yandel, había anunciado que llegaría hoy a Panamá en su jet privado, pero no será así.Los Extraterrestre cancelaron su vuelo y llegarán la mañana de hoy (Sabado) a suelo Panameño. Pudimos conocer que los intérpretes de “Pega’o” se quedaron arreglando algunos problemas legales que tienen en Puerto Rico, pero no crean que es nada
YOU WANT TO STAY IN PANAMA CITY, Panama and NOT spend a fortune on lodging? STAY IN VILLA MICHELLE. I have a Hostel/Family Style apartment in the financial district of Panama City in the neighborhood called ALTOS DEL GOLF, San Francisco one of the best neighborhoods in the Panama city. If you want to save money and live a basic Panamanian lifestyle, while enjoying the high-life of the city, look n
Hace unas semanas “El Duo de la Historia”, Wisin y Yandel, había anunciado que llegaría hoy a Panamá en su jet privado, pero no será así.
Los Extraterrestre cancelaron su vuelo y llegarán la mañana de hoy (Sabado) a suelo Panameño. Pudimos conocer que los intérpretes de “Pega’o” se quedaron arreglando algunos problemas legales [...]
In Panama, health and medical tourism is growing rapidly. Factors drawing medical tourists include Panama’s tourist appeal, position as a hub for international travel, and use of the dollar as the official currency. More important, Panama’s medical professionals are trained around the world, use the latest technologies and medications, and have earned a high reputation. [...]
Overseas Property Mall, a well regarded international real estate investment blog, named Panama one of the top real estate markets for investors in Latin America. Other markets listed included Mexico, Brazil, Venezuela, and Argentina.
Panama was chosen as it recently has had continuously booked flights, overbooked hotel rooms, and a boom in condo development. [...]
A recent article in NaturalNews listed several ways to avoid becoming a victim of a real estate scam in Central and South America. The author created a list based primarily on experiences purchasing land in Ecuador and Panama. Here are a few of the scams to look out for:
Resort Real Estate Broker Scam
In [...]
I have vivid memories of when the US invaded Panama and removed their puppet gone astray, Noriega aka Pinapple Face. Arriving in Panama is slightly bizzare as its third world meets first world. Its very Americanized which probably explains why there are so many yanks down here. Its also very cheap for budget accomo ($24 for a double room with cable TV and A.C.) and taxis ($2 for a 10 minutes ri
Historic buildings are becoming increasingly difficult to find in Panama City, according to an article in The Panama Report. Many historic buildings are being torn down in favor of higher density condominiums, which lack the local character and charm of older buildings. In Neighborhoods such as San Francisco, Marbella, and Bella Vista, many [...]
Digicel Panama and Claro Panama were both awarded licenses by the government of Panama to create new cell phone networks in the country. Digicel’s $83 million bid beat out rival cellular provider Claro’s $73 million bid, which was raised at the request of Panama’s government to match Digicel’s bid for the license. The [...]
Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you’re a first time sailor [...]
As I mentioned in a post last month, Panama City’s historic district, Casco Antiguo (also known as Casco Viejo), has become one of the hottest places to buy property in the city. I came across a nice site today that allows you to take a virtual tour of the Casco, and visit some of [...]
Mr. Taliaferro’s Panama Investor Blog is one of the more established and trustworthy real estate investment blogs on Panama. The blog is updated daily with the latest news on politics, economics and business, as well as with updates on upcoming real estate development projects across the country. The author often paraphrases interesting articles [...]
Panama was once treated as an uncooperative tax haven by the United States and international banking community. Panama has changed into one of the to locations to bank offshore.
Panama was forced to revise its laws against money laundering and has developed a banking system that has rock solid banking secrecy laws to protect consumers [...]
Panama was once treated as an uncooperative tax haven by the United States and international banking community. Panama has changed into one of the to locations to bank offshore.
Panama was forced to revise its laws against money laundering and has developed a banking system that has rock solid banking secrecy laws to protect consumers [...]
Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you’re a first time sailor [...]
Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you’re a first time sailor [...]
Many people will have heard of Panama and heard of the boom in Panama, but how many people really understand why we are having a property and immigration boom down here in Panama,
Since 2006 the average price was $1780 to 2008 the average price is $2890 pre m2
giving a 25% increase in price per year.
Rental [...]