Panama Real Estate Blog

Building permits soar, to beat 20 year tax exemption
The number of building permits issued in June 2009 was almost four times the amount issued over the same period in 2008. According to the Comptroller General the significant increase in building permits issued, which amount to $550 million is largely due to the looming deadline of [...]

Panama City Rental Pricing Declines
Panama City has developed significantly over the years, with the addition of a multitude of construction initiatives, both from a residential and commercial perspective which has changed the skyline of Panama on a continual basis, and will continue to do so as Panama continues to develop and gain in popularity as [...]

Panama Imports Majority of US Rebar Exports
The United States Iron and Steel Institute reported significant increases of rebar export figures over the months of May and June, which nearly doubled over the period. The Steel Business briefing further advised that the majority of the increased export of the rebar had gone to Panama, which received [...]

Panama’s Tax Standing
In terms of the region, within which Panama is situated, being that of the Central and Latin American markets, the relative position of Panama in terms of current tax standing as compared to surrounding countries is neither the highest or lowest but rather average as represented by their tax burden being recorded at [...]

Pope Benedict XVI invited to Panama
The President of Panama, Mr. Ricardo Martinelli formerly invited the Pope, His Holiness Benedict XVI, to visit Panama after a visit to the Apostolic Palace of Castelgandolfo. Martinelli also met with Tarcision Bertone S.D.B and Archbishop Dominique Mamberti, who occupy the positions of Cardinal Secretary of State and Secretary for [...]

Vacation in Panama
If you are planning a vacation in the beautiful country of Panama, remember that you have a few options to choose from in terms of your accommodation options. There are options of hotel stay or even your very own apartment for the duration of your stay in Panama.
With the variety of options available [...]

Heineken Selects Panama As Regional Base
The media is consistently reporting the success of Panama’s initiatives to attract foreign investment by encouraging multinationals to set up shop in Panama, as their regional headquarters. The likes of who already have made such commitments include that of Proctor & Gamble, HP, and Caterpillar to name a few. Add [...]

Short Term Rental Market Seriously Affected By ATP’s New Resolution
A number of shortcomings have been revealed in Salomon Shamah’s, the new Administrator of Panama’s Tourism Authority (ATP), proposed resolution which was dated and handed down on 13th August 2009, however this proposal has no record of being published in the government gazette. Based on the [...]

Ballardes versus Martinelli over Casino Interests
The former president of Panama Mr Ernesto Perez Balladares has suggested that current President Martinelli is responsible for alleging his, Ballardes, involvement in a company specifically operating games of chance. Martinelli who claims to have a legitimate share in the Thunderbird company, which owns and operates Fiesta Casino in Panama, [...]

A Look Into Travelling – Panama Style
Panama, just like its heritage and people is a land of not only beauty, but vast diversity too. From Panoramic views of the rugged Pacific Ocean coastline to the more serene tropical Caribbean, many forget that the interior has significant sights and sounds to offer the tourist to, and [...]