News, Information, Articles and Reviews for Panama, Real Estate and Travel
Posted in History of Panama, News in Panama on Sep 30th, 2008
The Panama’s efforts to recover territories occupied by the United States military took many sacrifices and also a huge time. In the end, the properties were slowly guided over to Panamanian control after the Torrijos-Carter Treaty was signed.
After the US military has left the land, country’s collective assets increased. Panama actually gained over $10 billion [...]
Posted in Panama real estate on Sep 25th, 2008
Big World Villas is a luxury ocean front development in Santa Catalina, Veraguas, Republic of Panama. Located on the Pacific Coast of Panama, this area is regarded as having some of the best diving, surfing and fishing in the world. It is the first such development in the area and offers investors a laid back [...]
Posted in Panama real estate on Sep 25th, 2008
Panama is located strategically with respect to world commerce, in the middle of North and South America. The country has a pleasant tropical climate where the average temperature ranges between 22 to 27 degrees centigrade through out the year and has only two seasons - dry season and rainy season.
The presence of the Panama [...]
Posted in Travel in Panama on Sep 25th, 2008
While U.S. economy is passing through a hard time and its citizens are cutting budget on distant travel and tourism, the influx of ever-increasing number of tourists is ushering renewed aspirations in the Tourism Industry of Costa Rica. This eventually is contribution substantially to the national economy.
A study conducted by the Guanacaste Chamber of Tourism [...]
Posted in News in Panama on Sep 25th, 2008
The “silent Tsunami” as the U.N. denoted the soaring food price all around the world has now hit Panama. While it doesn’t affect the increasing number of foreigners much, significant increase of staple food like rice and beans and other related commodities that make up the basic food basket are causing woes for the ordinary [...]
Posted in News in Panama on Sep 25th, 2008
The general financial downturn in the U.S. made a serious impact in the Miami real estate business. This may not seem to be fact since you will find newer condominiums and luxury villas are still in their construction phase all along the coast of Florida and specially its financial hub – Miami. The real picture [...]
Posted in Information on Sep 25th, 2008
Panama City is one of the world’s least expensive first-world cities. It is also among the most modern and prosperous cities in Latin America with over 3 million people. The city’s array of tall skyscrapers is reminiscent of Miami. It boasts incredible shopping where almost any product from the U.S. may be easily found. During [...]
Posted in History of Panama, Places in Panama, panama city on Sep 25th, 2008
Casco Antiguo is the old town or Casco Viejo of Panama City. After the original Panama City (Panama Viejo) was destroyed by the pirate Henry Morgan in 1673 the town was relocated. This was the most affluent part of the city for almost 300 years.
Many believe that the area was deserted once the automobile was [...]
Posted in Information on Sep 25th, 2008
Chances are you have never bought Panama real estate before and have many questions regarding the process and legalities. The following text will help to understand the details in practical terms. As in most countries, the purchase usually takes place in easy stages:
The first step is to find a Panama Real Estate you like, and [...]
Posted in Information on Sep 25th, 2008
Your KIG agent will walk you through all paperwork involved in your purchase of Panama Real Estate. In order to obtain financing, all financial institutions require specific information about you and your financial background in order to determine answers to the following questions :
WHO ARE YOU?
Two proofs of identification certified at Panamanian Consulate or at [...]
