The end of last month brought with it an exciting development that might seriously affect every aspect of the economy in Panama. Namely, the nation’s legislative assembly has passed the crypto law bill - a bill related to the treatment of cryptocurrency by Panama. This has brought on a slew of different positive and negative reactions. However, this is not the end of things yet! President Cortizo has...
Investment
If you are looking for the ideal place to settle down in, look no further than Panama! The country has recently been declared the best place to retire in by International Living. But what is it that makes Panama a top retirement destination in 2022? Panama’s mild climate is great for health The first thing that makes Panama the top retirement destination in 2022 is its climate! Lots of seniors are...
Although cryptocurrencies have been around for over a decade, only recently have they made their way into the public eye. Today, cryptocurrency investment platforms are more accessible than ever. Buying, selling, or trading various assets using different cryptocurrencies is trending in Panama (as well as the rest of the world). It is believed that this is because the use of blockchain technology (that...
Whether you're a tourist or looking to relocate to Panama, you'll be visiting one of the most mesmerizing places on earth. However, there's quite a bit you need to learn about before you can safely and lawfully enter and reside here. Upon your arrival to Panama, if you want to breeze through the line quick, you need to provide a QR code that you have property filled out the affidavit to prevent...
The Covid-19 pandemic has affected practically all industries throughout the world. It appears, though, that tourism and hospitality have taken the greatest hit. Within weeks, the number of people traveling has decreased dramatically. Consequently, many have quickly lost their jobs, and countries and areas that heavily relied on income from tourism have suffered tremendous losses. Naturally, economies...