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Written by Matt Landau
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Thursday, October 16 2008 |
The Panama City condo market will be plagued not only by lists of unsold (or perhaps incomplete) apartment units as well as tumbling prices, but also by an outbreak of unhappy buyers who, faced with dreary options, risk big time losses when/if they try to sell: an alignment of stars that will lead to a steep hike in legal disputes, rulings about which will fall on both sides of the fence.
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Last Updated ( Saturday, October 18 2008 )
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Written by Matt Landau
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Tuesday, September 02 2008 |
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My childhood, in the academic town of Princeton, New Jersey, was characterized-as most childhoods are-by a number of bad influences: among them, urgings from the misfit kids to unite on the eve of Halloween and throw raw eggs at the principals garage.
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Last Updated ( Tuesday, September 02 2008 )
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Written by Andrew Cowan
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Sunday, August 24 2008 |
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Most people know exactly when they need a lawyer: when they get sued or arrested or charged with a crime. Many people hope to go through their lives without ever having to deal with one. But there are plenty of people who seek out lawyers all of the time, for advice or guidance. And there is a third category of people that need a lawyer, not because they are in trouble, but because an attorney is required for a business transaction or another administrative process. This is the reason that most people are interested in hiring a Panamanian lawyer.
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Written by Andrew Cowan
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Sunday, August 24 2008 |
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Opening a corporate bank account in Panama is easier than ever, thanks to the prevalence of banks located in the capital city. Panama’s location between North and South America as well as it’s crown jewel, the Panama Canal, place Panama in prime position to be a major player in Western Hemisphere banking.
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Written by Matt Landau
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Monday, November 05 2007 |
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Panama is experiencing the kind of real estate boom that could send shock waves throughout Central America. With a huge influx of foreign dollars and new immigrants over the past few years, Panama has found itself in a unique position to grow; however, there are some ugly obstacles that can get in the way.
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Last Updated ( Monday, August 11 2008 )
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Written by Matt Landau
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Monday, August 13 2007 |
I hadn't been in the States for more than one hour when I noticed a sign clearly displayed on the way to baggage claim: Caution, this sign read. Please Watch Out! Glass door is transparent. In case you needed it, the sign had been translated to Spanish as well, proving to me that thankfully, stupidity in the USA is not limited only to English-speakers.
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Last Updated ( Monday, August 11 2008 )
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Written by Claire Saylor
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Saturday, May 19 2007 |
Many people who invest in Panamanian real estate choose to register their land or property under the name of a Panamanian corporation instead of directly under their own name. This process is also common among Panamanians for several reasons – the major one being anonymity. This is not necessarily some Machiavellian tactic reserved for shady criminals – it is more of a mainstream loophole that will benefit almost anyone who uses it, including shady criminals.
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Last Updated ( Monday, August 11 2008 )
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Written by Claire Saylor
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Friday, May 18 2007 |
So you want to take part in the Panama real estate boom while profits are still inevitable – but you don't currently have the money to pay for it? In our world of credit purchasing where money can materialize for those willing to sign their souls future income over to a bank, anything is possible. In Panama, foreigners have the same rights as citizens when it comes to purchasing and owning property. Also, because the property titles in Panama are standardized and recognizable by law they can be accepted as collateral for a loan. These facts, along with Panama's reputable banking system help to make the process secure and respectively hassle-free compared with its Latin American neighbors.
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Last Updated ( Monday, August 11 2008 )
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Written by Matt Landau
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Wednesday, April 04 2007 |
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Because Panama is so new to the real estate and investment markets there has, up until recently, been a lack altogether of title insurance agencies. With more and more foreigners coming in though, expecting the same services they use at home, there has been an opening for equity providers (since the banks here haven't yet ventured into those waters). So, if the title insurance industry in Panama hasn't developed fully yet, does that mean you should neglect it as well?
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Last Updated ( Monday, August 11 2008 )
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Written by Matt Landau
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Wednesday, March 07 2007 |
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The following is a story sent in by a reader. He is a real estate junkie and thought he was getting the deal of a lifetime when he invested in a Panama City apartment building last year. What he didn't know was that eventually, the developer would try to scam him out of his own condominium and everything he had paid up to date. This is just one of the nightmare's I have received and chosen to publish...
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Last Updated ( Monday, August 11 2008 )
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Written by Matt Landau
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Friday, September 15 2006 |
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The tropical beaches and lush jungles of trendy Costa Rica have been commercialized in TV commercials, magazine ads, and the occasional Magic Eye optical illusion book, where if you look long and hard enough, you can see excited titi monkeys jumping into the ocean. Because Panama is following suit, it can be helpful to take a look at certain real estate scams from Costa Rica, then evaluate whether or not they could happen here.
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Last Updated ( Monday, August 11 2008 )
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