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Blogger Describes His Experiences Building A House In Panama… While Living In Canada 2008-04-17 11:12:55 The International Herald Tribune’s international real estate blog “Raising the Roof” reported yesterday on one blogger in Canada
who is currently building a house in Panama
, and documenting the entire process on his site. Sylvain Duford bought property in Altos Del Maria, a subdivision in the mountains an hour and a half north of [...] Read more:Blogger
, Building
, House
, Living
Playa Blanca, Panama Ranked #22 In “The 53 Places To Go In 2008” By The New York Times 2008-04-16 12:03:28 The New York Times
recently listed Playa Blanca, Panama
as one of the top places to visit this year. There are several major developments under construction in what the article describes as a “once quiet fishing village on the Pacific coast of Panama,” including a gated residential community and resort being built by Nikki [...] Read more:Places
, York Times
Panama Continues To Have Highest GDP Growth Rate In Latin America 2008-04-15 12:28:29 A recent article in the Latin
Business Chronicle states that new data from the IMF is showing that Panama
has the highest GDP growth rate in Latin America
. Panama’s economy is expected to grow 7.7% this year, beating out Peru, which is currently growing at a rate of 7%. Both countries are beating [...] Read more:Growth
, Latin America
United States Embassy Tips For Purchasing Property In Panama 2008-04-14 04:28:05 If you are interested in purchasing property in Panama
, it is imperative to be familiar with the specific property laws of the country. This article, Tips on purchasing property in Panama, published by the UnitedStatesEmbassy
in Panama, describes property rights issues, as well as outlines a few of the differences between purchasing [...] Read more:Purchasing
, United States
More On Medical Tourism 2008-04-10 18:10:11 As a follow up to my previous post on medical tourism in Panama, here is a list of medical facilities recommended by Panama’s official tourism board. With the potential for an increase in medical tourism in the future, these are some areas to keep an eye on.
Hospital Punta Pacifica
Centro Médico Paitilla
Hospital Nacional
Hospital San Fernando
For more [...] Read more:Tourism
Americans Retiring In Panama Featured On ABC’s “Nightline” 2008-04-10 11:37:19 Here’s a good overview of the recent wave of development in Panama
City, fueled in part by Americans
looking to retire abroad. The video is a little dated, it aired on ABC’s “Nightline” in 2006, but is still interesting today (especially with the current state of the US housing market).
Check it out:
[...] Read more:Retiring
, Featured
Panama Birthplace Of John McCain Very Different 71 Years Later 2008-04-08 13:55:43 Current US Senator and presidential hopeful John McCain
has deep ties to Panama
, in fact, he was born there. The presidential candidate was born in the port city of Colon, in a neighborhood that housed US military families in the Panama Canal Zone. The Senator’s Panamanian roots have even raised some questions as [...] Read more:Years
, John McCain
Panama Extending Real Estate Tax Exoneration 2008-04-22 10:58:16 Panama is extending a real estate tax exoneration law that will exempt any foreign builders from paying property tax for up to 20 years on new projects, according to this blog. Builders have up to July 1, 2009 to obtain a building permit, and until December 31, 2011 to acquire an occupancy permit to [...] Read more:Panama
, Estate
, Real Estate
Panama Listed Top Travel Destination As Dollar Continues To Fall 2008-04-24 10:59:57 Money magazine listed Panama
as a top travel destination for Americans as the dollar continues to fall. With exchange rates making travel to Europe extremely expensive for many Americans, Panama is becoming a much more appealing option to Americans interested in traveling abroad. With the balboa pegged to the dollar, Americans don’t have [...] Read more:Travel
, Destination
, Dollar
Interesting Time Lapse Perspective Of The Panama Canal 2008-04-25 04:41:35 Check out this time lapse clip of the PanamaCanal
, it’s definitely an interesting (and somewhat mesmerizing) perspective of the canal. It will be interesting to see how busy the canal becomes once the expansions have been completed. Read more:Lapse
, Perspective
World Famous Architect Designing New Biodiversity Museum In Panama City 2008-04-28 13:05:14 Frank Gehry, the world famous architect best known for the innovative Guggenhiem Museum
in Spain, has designed a new biodiversity museum in Panama
City. The “The Bridge of Life” Museum will house exhibits that showcase the diversity of life at the crossroads of two continents. Permanent exhibits currently being developed include an exhibit [...] Read more:World
, Famous
, Architect
, Designing
Torrijos Says Panama Canal Expansion Is On Schedule 2008-04-29 11:54:04 Panamanian President Martin Torrijos has stated that the major expansion to the Panama Canal
is currently on schedule. The President said yesterday that the Canal Authority is still looking at options for financing nearly $2.5 billion of the project, but that the contract to build the new lock system will be announced by the [...] Read more:Panama
, Expansion
, Schedule
Forbes Reports That “America’s Loss Is Panama’s Gain” 2008-04-29 11:31:52 An article in Forbes
today stated that the economic losses in the United States are proving to be a major gain for Panama
. Many investors that lost out in the real estate bust in Florida are now looking to Panama as a viable investment alternative. The article cites several reasons that Panama has become especially [...] Read more:America
Richard Detrich’s Boquete Blog An Interesting Perspective On Expatriate Life In Panama 2008-04-30 12:15:24 Richard Detrich’s blog provides an interesting look at the American expatriate life in Panama
, specifically living in Boquete. After scouring the internet for interesting blogs on Panama, Mr. Detrich’s blog is a refreshingly honest look at life in Panama, amid a veritable wasteland of commercial and spam filled sites. According to his site, [...] Read more:Richard
, Perspective
Panama American Chamber Of Commerce Outlines Ten Reasons For Growth In 2008 2008-05-01 11:56:25 In a report published in February, the AmericanChamber
of Commerce and Industry of Panama
outlined ten reasons for growth in Panama in 2008. Here are a few of the driving factors for growth in Panama this year as described in the report:
The Panama Canal expansion has started and will ultimately bring investment dollars [...] Read more:Reasons
, Growth
Panama President Torrijos To Meet With US President Bush Tomorrow 2008-05-05 11:10:34 According to a White House press release, Torrijos will be meeting with United States President
George W. Bush on Tuesday, May 6th. The two are likely to discuss free trade agreements, globalization, strengthening democracy throughout the region, and increasing security cooperation between the two nations. Torrijos’ visit to the White House comes shortly after visiting [...] Read more:Panama
, President Bush
Sam Taliaferro’s “Panama Investor Blog” A Great Resource For Panama Investment News And Opinion 2008-05-08 13:55:44 Mr. Taliaferro’s PanamaInvestor
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 [...] Read more:Great
, Resource
Bush Meets With Torrijos, Pledges To Move Forward On Free Trade Agreement With Panama 2008-05-07 12:07:16 While meeting with Panama
President Martin Torrijos on Tuesday, President Bush promised that his administration would “do everything in our capacity” to move the trade bill with Panama forward. Bush also commended Torrijos on continuing work on the Panama Canal expansion, which he said would be mutually beneficial for both nations. In addition to this [...] Read more:Pledges
, Forward
, Trade
, Agreement
Take A Virtual Tour Of Panama City’s Casco Antiguo 2008-05-09 05:00:30 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 [...]
Panama Sells Licenses To Two New Cellular Providers 2008-05-12 12:45:20 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 [...] Read more:Licenses
Avoiding Real Estate Scams In Panama 2008-05-14 12:48:33 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 [...]
Historic Buildings In Panama City Becoming Increasingly Rare 2008-05-13 17:50:53 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 [...] Read more:Buildings
, Becoming
Chevron Increasing Capacity At Las Minas Facility In Panama 2008-05-15 13:45:12 Chevron is planning on doubling the capacity of its Las Minas facility in Panama
to nearly 4 million barrels. This increase in capacity is to meet the rising demand for fuel in Central America, and for ships passing through the Panama Canal. The Las Minas facility is located near Colon, Panama, and provides fuel, derivatives, [...] Read more:Chevron
, Increasing
, Capacity
, Facility