Panama Real Estate Blog

Carnival season is just around the corner for Panama, and this is when the people and the regions truly come alive with festivities that rival any great carnival place in the world. Panama respects the Carnival tradition and provide all out efforts when carnival time arrives, which can be experienced and seen in the Azuero [...]

The Belgian company, Dredging International Panama, started dredging the Panama Canal’s Pacific entrance, with their mega dredger Vlaanderen XIX. The president Mr Martin Torrijos inaugurated the first cubic meter being dredged. The Vlaanderen is the first of eight such dredgers, which will deepen and widen the entrance to the new locks, at a cost of [...]

Panama and Singapore entered a trade agreement in 2006, with exports to Singapore reaching a staggering $139 million in 2007, an increase of over 66% on 2006 figures. This has set the tone for further growth and strengthening of trade relations. The Minster of Trade and Industry from Singapore, Lim Hng Kiang, is quoted as [...]

A United States research team has expressed concerns over the current and future state of the mangroves of Juan Diaz. The researchers, Watts and Paxton, have been studying the migratory shore birds in Panama for the last 11 years. The amount of birds expected to pass through the area is estimated to be 2 million [...]

The all inclusive operators, who are currently developing the 300 room Breezes resort in Bijao, have expressed concerns over the lack of flights to Panama from the UK to meet anticipated demand for next summer. The company will use all of its influence in attempting to negotiate and encourage more flights to Latin America. Paul [...]

Although the Panamanian government allows a tourist to stay up to a maximum of 90 days, there are times when some would stay beyond what’s permitted. Typically, a tourist has to purchase a tourist visa (for $5) upon arrival in Panama. Although the Panamanian government does not appear to be strict with the 90 day [...]

A record number of European tourists have visited Panama in the first nine months of 2008, an increase of 13,373 compared to the same period last year. A total of 71,154 were predominantly Spanish and Italians, followed by French and British tourists. Europeans represent a higher spending power, as well as a longer duration stay [...]

The numerous islands around the Bocas del Toro area have coral reefs that team with a host of marine life and amazing tropical fish. There are various types of coral found in the Bocas del Toro area, and include types known as the fire, elkhorn, finger, lettuce, brain, gorgonia, flower and the star varieties. The [...]

Panama’s careful and ongoing sustainable nature preservation and care has been tarnished by a recent report by the National Environmental Authority. The recent study of factors around the gold mine and the activities in Donoso, have indicated severe damage to soil, vegetation, wildlife and water quality with local population and air quality still being affected [...]

Although the world is entering a cyclical phase of recession, Panama has several advantages over other countries in dealing with and weathering this recession. Firstly the Panama Canal Expansion Project, being the largest project in Latin America, ensures economic growth for the next five years at least, this project represents an investment of $5¼ billion. [...]