Panama Real Estate Blog

Presidential Candidate Ricardo Martinelli is proposing a flat rate tax in Panama, which is being met by a variety of mixed responses. The proposal involves reducing the company tax rate from 30% to a flat rate of between 10 and 15%. However economists fear that this flat tax will lead to an increase in the [...]

Do you own a property in Panama City?
Knightsbridge are currently expanding our Property management department and are looking for quality rental units to add to our growing portfolio
We are especially interested in units in Destiny, Bayfront Tower, Grandbay Tower, Vista Del Mar and Sky.
If you have an existing unit and are looking to improve your [...]

Panama launched its own 911 medical emergency service. The service is however only dedicated to medical emergencies and not law enforcement options. The system was designed in a partnership between MER consortium and the Cable & Wireless Panama, and is based upon one central dispatch centre. This centre will in turn allocate and dispatch the [...]

Holland America has increased its scheduled Panama Canal cruises, with a total of 45 different cruises to choose from. The shipping line uses 9 different ships in its offer to cruisers to travel through the Panama Canal. The company has increased the featured cruise trips due to a substantial demand by many of its customers [...]

Panama has some of the best online, ecommerce and related services’ legislation in the world. Panama’s government has consistently sought to become one of the top offshore jurisdictions in the world, and continue with a number of valid and attractive options for the online entrepreneur.
Panama led all other Central American countries in establishing specific laws [...]

Over 4½ tons of drugs were destroyed by authorities in Cerro Patacón. The drug stash was primarily made up of almost 4 tons of Cocaine and the balance comprising of heroin and marijuana.
The drugs were burnt in a landfill site, in which the government will install an incinerator within the next 3 months.
Liked this post? [...]

Economist Nicolás Ardito Barletta has predicted that the growth of the Panama economy will slow down to 5% for the 2009 fiscal year. Average annual growth for the 5 years preceding, 2003 to 2008, was measured at 8%, with a peak of over 11% in 2007.
Barletta remains upbeat about the economy, citing factors such as [...]

Panama and Italy have signed an agreement that provides the legal framework for the investment promotion between the two companies. The two ministerial peers, namely Lewis Navarro and Frattini expressed wishes for the two countries to enhance bilateral ties on all aspects of the Panama and Italy relationship.
The trade agreement with the Dominican Republic, which [...]

Despite the current economic situation as well as many request for the Panama Canal toll increases to be frozen, as well as some shipping lines electing to reroute their ships away from the Panama Canal. The CMA CGM line has decided to route their line around Africa on the return journey from Asia, advising that [...]

Negotiations between Panama and Qatar are proceeding with the possible eventuality of Qatar placing substantial investments into Panama, as confirmed by the Ministry of Commerce and Industry of Panama.
Qatar has expressed wishes of bilateral agreement in investment in advanced technology and infrastructure related capital projects within Panama. Qatar has substantial investments in Mexico, Peru and [...]