News, Information, Articles and Reviews for Panama, Real Estate and Travel
Posted in Information, Places in Panama on Nov 25th, 2008
Situated 15 miles from Panama City, the Tocumen International Airport is the largest airport in Panama, and currently the busiest airport in Central America, Tocumen utilizes only two runways. Daily flights to 26 major international destinations are processed through this airport.
The airport’s cargo area once served as the original airport location back during its 1947 [...]
Posted in Panama, Places in Panama, panama city on Oct 27th, 2008
Cuidad de Panama makes an ideal, centrally located locale for your base when visiting the Republic of Panama. The city is located on the pacific entrance to the Panama Canal, and is the capital of Panama as well as the political and administrative center for the country. The city has a superior infrastructure and is [...]
Posted in Information on Oct 20th, 2008
Panama is a privileged country within Latin America . It is fast becoming a preferred location for a second or retirement home for North Americans. For its citizens, Panama is one of the top three of Latin American countries for quality of life: health, education and economic well-being. There are a number of good reasons.
Panama [...]
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 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 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
Since the enactment of Cabinet Decree No. 109 (1970), successive legislation has been passed offering tax benefits to developers. It has been widely accepted that, as a result of these incentives purchasers of real property have also benefited.
TRUST LAW
Panama oversaw the modernization of its Trust institutions with the enactment of Law No. 1 (1984). Although [...]
Posted in Information on Sep 25th, 2008
SECTION 1: BUYING TITLED PANAMA REAL ESTATE.
Q: Is it safe for foreigners to buy Panama Real Estate?A: Absolutely. Buying Panama real estate is very safe. There are over a dozen laws in Panama established specifically for protecting foreign investments, not to mention that private property in Panama is protected by the constitution of the Republic [...]
