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’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 [...]

Panama Canal Expansion Benefits a Variety of Providers
The expansion of the Panama Canal and the benefits that are realized with the successful bids in terms of the provision and services for the new locks is not merely limited to that of the construction companies that were successful in their respective tenders.
The first successful tender was [...]

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 [...]

Martinelli’s Approach To State Governance
The media has been actively reporting on Martinelli’s approach to state governance, within which numerous advisors and service providers have been retained to provide advice, and service provision on a variety of key performance areas such as that of taxation, town planning and no more recently debt collection. Many of the [...]

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 [...]

Panama Becomes Home to Largest Aquaculture Farm in the World.
One of the largest operators of open sea aquaculture interests, Open Blue Sea Farms, has announced the planned acquisition of Pristine Oceans major assets, from which after consolidation together with Open Blue Sea Farms assets will form the largest open sea aquaculture concern. The planned acquisition [...]

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, [...]