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, Mr. Detrich [...]
Archive for April, 2024
Richard Detrich’s Boquete Blog An Interesting Perspective On Expatriate Life In Panama
Posted in boquete, Panama Real Estate, tagged boquete, panama, panama coffee, panama expatriate, panama investment on April 30, 2024 | 1 Comment »
Torrijos Says Panama Canal Expansion Is On Schedule
Posted in panama canal, panama economy, tagged jobs in panama, panama, panama canal, panama canal expansion, panama economy on April 29, 2024 | Leave a Comment »
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 end [...]
Forbes Reports That “America’s Loss Is Panama’s Gain”
Posted in panama economy, Panama Real Estate, tagged Add new tag, florida housing bubble, international real estate, panama, panama investment, Panama Real Estate on April 29, 2024 | 1 Comment »
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 [...]
World Famous Architect Designing New Biodiversity Museum In Panama City
Posted in Panama City, panama green investments, Panama Tourism, tagged bridge of life museum, frank gehry, Panama City, Panama Real Estate on April 28, 2024 | 1 Comment »
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 focusing on [...]
Interesting Time Lapse Perspective Of The Panama Canal
Posted in Uncategorized, tagged panama canal, panama canal expansion, timelapse on April 25, 2024 | Leave a Comment »
Check out this time lapse clip of the Panama Canal, 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.
Panama Listed Top Travel Destination As Dollar Continues To Fall
Posted in Panama Tourism, tagged balboa, panama, panama investment, Panama Tourism on April 24, 2024 | 1 Comment »
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 to worry [...]
Governor of Bocas Del Toro Names Development “Most Environmentally Friendly In All of Panama”
Posted in panama green investments, Panama Real Estate, tagged bocas del toro, panama, Panama Real Estate, real estate investment, sunset point on April 23, 2024 | Leave a Comment »
Sunset Point on the Isla Colon has been named one of the “most environmentally friendly developments in all of Panama” by Esther Mena de Chio, the Governor of Bocas del Toro Province. The Bocas del Toro region is famous for its ecological diversity, and as a result has become an eco-tourism hotspot. The area is [...]
Panama Extending Real Estate Tax Exoneration
Posted in panama economy, Panama Real Estate, tagged panama, real estate investment, tax exoneration on April 22, 2024 | Leave a Comment »
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, 2024 to obtain a building permit, and until December 31, 2024 to acquire an occupancy permit to qualify [...]
Free Trade Agreement Between US And Panama Likely To Be Stalled Until A Free Trade Agreement Is Reached Between The US And Colombia, Reports Latin Business Chronicle
Posted in panama economy, tagged panama, panama economy, panama free trade agreement on April 21, 2024 | Leave a Comment »
The Latin Business Chronicle reports that the current hang-up on the trade negotiations between the United States and Colombia will further stall any free trade agreements between the US and Panama. A free trade agreement between the two countries was already unlikely to occur before September, when the president of Panama’s national assembly, Pedro Miguel [...]
Panama Gives Incentives To Foreign Investors Interested In Investing In Reforested Timber Plantations
Posted in panama green investments, Panama Real Estate, tagged forest stewardship council, green investing, Panama Real Estate, panama timber, teak on April 17, 2024 | 2 Comments »
The government of Panama provides many incentives to foreign investors interested in investing in reforested timber plantations, including tax exemption and visas for these investors. Timber is one of the most important natural resources in Panama, and the region is one of the few in the world that can support high quality teak plantations. Teak [...]