The only thing hotter than the nice weather in Panama, is its Real Estate market and that is a fact. After a huge decline of about 2.5% during the global crisis, the luxury Real Estate on Panama is back on the rise at a double-digit rate. In some of the downtown areas it has become the main wheel for this economic transformation, based on the re-sale of the amazing waterfront properties available. The...
2016
Why Panama needs to be your next destination? Here’s why… With a land size of South Carolina and a population of only 3.3 million inhabitants, Panama is a small country located in Central America. Panama is with no doubt a hidden gem full of mysterious mountains and surrounded by exotic and beautiful Islands. Its amazing ecological treasure is only comparable with its solid internal economy, marked by...
A New Opportunity for Global Economy: Since its original construction in 1914, the Panama Canal has served as a man-made waterway that divides the Central American country and enabling ships to transport goods and passengers across the Pacific and Atlantic Ocean. By that time, its creation cost an estimate of US $375 million and the lives of approximately 5.609 workers that put their efforts in this huge...
Last weekend the topic on Panama Papers exploded. Just as it was expected as soon as it came out, we could see that this was just the tip of the iceberg. The panama papers was the largest filtration of documents in the history. Here there are politics, soccer players, celebrities and business man who would have tried to evade taxes creating offshore companies and capitalizing on their amounts through the...
With recent world economic conditions in decline there is one country that might be able to weather through tough times. Although in recent years Panamas economic growth has been stagnant, mainly for change of government and political prosecution, after the dust has settled its now expecting a coming boom with large infrastructure projects being completed and new ones getting starting. The years to come...