|
Panama Retirement
|
|
Written by Matt
|
|
Tuesday, May 26 2009 |
|
We get emails all the time, like seventy or a hundred every day, from newcomers to Panama or those who are about to make the jump, asking what, if it's the most important aspect of Panama personal/business relocation, is the best way to network oneself in the Republic. Some are looking to integrate their kids, some are looking to promote a new business, others are just lonely and looking for friends. Adjusting to a new country and culture is a challenge in itself, but the added responsibility of meeting people in Panama can be daunting. Here are our top 6 ways to network in Panama.
|
|
Last Updated ( Tuesday, May 26 2009 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Wednesday, May 20 2009 |
|
In the summer of 1996 at a soccer tournament in Long Island, I shared a hotel elevator with two tall black men acting like little children. One was punching the other for farting in the lobby while the culprit continued to let out gas. I bent over in the corner and tried to mask my face from the stench. "Eww, you're sick!" I told them at age 14. "Freakin' idiots!" I would find out later that these two men, players at the NBA Rookie Camp, went by the names Allen Iverson and Stephon Marbury. They'd go on to have successful careers in the NBA, but for me, there was no forgetting that moment before it all began. Whether they were ready for it or not, two talented kids from the hood about to be in the world spotlight.
|
|
Last Updated ( Wednesday, June 17 2009 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Friday, May 15 2009 |
|
Investing in Panama has evolved into a funny thing. You're too late for some stuff and your too early for others. The ground floor of many sectors has closed off while early bird opportunities are just emerging. Historically steadfast industries are taking hits as new niches are constantly being created. With a flow of capital urgently arriving on Panama's shores, where would the nation's unbiased experts stash their loot as insider investments? Well, I decided to ask them.
|
|
Last Updated ( Monday, May 18 2009 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Wednesday, May 13 2009 |
|
Today's snug job market is the topic of discussion for young graduates, and with conventional American Dream jobs losing their footing, new alternatives, both familiar and exotic, are gaining steam. Beside the increasingly expensive and predictable trend of recent graduates re-enrolling into graduate school sits the developing Republic of Panama: where challenges and opportunities in a real world setting may be just what the recession doctor ordered.
|
|
Last Updated ( Thursday, May 14 2009 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Tuesday, May 05 2009 |
|
Occasionally I get to spend time with my friends from college who fled directly to Wall Street where power lunches and five-figure bonuses would become a way of life. Since graduation, my friends have all done very well for themselves and many are now, during the worst recession in a number of decades, using their small fortunes to pursue leisure activities like bungee jumping off planes and climbing the world's tallest mountains. It was during one of these leisurely pursuits, around a table that resembled a beer graveyard in Cartagena, Colombia, that the topic of investment arose, more specifically, how to protect ones savings.
|
|
Last Updated ( Tuesday, May 05 2009 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Saturday, April 11 2009 |
|
More than ever, Panama is attracting foreigners looking to escape financial doomsday and start a new life. The timing is still good for new business ideas with the majority of the nation's focus on trade, banking, real estate and tourism. Adopting a new lifestyle in Panama is both exciting and challenging: the dedication required big, yet the payoffs even bigger. Here are 7 unique tips to the incoming Panama entrepreneur, one who's looking to increase his quality of life and make a few bucks in the process. They've each been contributed by successful Panamanian entrepreneurs looking to share some advice.
|
|
Last Updated ( Saturday, April 11 2009 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Monday, March 23 2009 |
|
The first time someone asked me for advice about relocating to Panama, I was very hung-over and had been in the country for roughly three days. This was at the Manolo's in El Cangrejo. I remember because that day I met the actual Manolo. My friend Rebecca and I had spent the previous day combing Panama City for a place to live and after finding a great little one-bedroom for $300/month, the meal at Manolo's way our way of rewarding ourselves. I slept at Casey's apartment that night and remember lying on the couch replaying the restaurant conversation in my mind until I fell asleep with a grin.
|
|
Last Updated ( Monday, March 23 2009 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Wednesday, March 04 2009 |
|
Hype and buzz have played a big role in Panama's reputation to date as an investment hotspot, retirement haven, and travel boutique. But now, with its main foreigner-focused industries facing the realities of the world economy, a new type is noise is drawing people near. It's the relocation bug, based around the allure that you can still today live, work, and invest in an environment that, well...doesn't suck. Amidst all this hype, we decided to demystify several of the main concerns people tend to mull over when considering a new place to live during times of crisis. In the time of the Great Depression, escaping the hard times wasn't as easy as a $300 flight to the tropics...
|
|
Last Updated ( Wednesday, March 04 2009 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Friday, February 06 2009 |
|
Panama real estate is just about in panic mode and not unlike the millions that were profited during its boom, there will be fortunes will made during its quote-unquote bust. The market is becoming depressed and the sellers are running for cover, which is the perfect time for vultures to come in and swoop in for a kill. It's no more the popular market that it once was - but for contrarian investors, Panama is re-emerging as a hotzone. "Uncertainty is the friend of the buyer of long-term values. You pay a very high price in the stock market for a cheery consensus." Anyone know who said that?
|
|
Last Updated ( Friday, February 06 2009 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Wednesday, February 04 2009 |
|
There are a number of blogs in Panama, including this one, which make projections about the future of the country: from real estate to tourism to overall development. It's hard though, without any concrete statistical evidence, to back up any of these claims primarily because the majority of government numbers are suspect, an imprecision which forces analysts to go solely by "feel." Do Panama's hotels feel full? Do real estate project feel like they're selling? Does it feel like people are still showing interest in Panama?
|
|
Last Updated ( Wednesday, February 04 2009 )
|
|
|
Boquete Real Estate
|
|
Written by Matt
|
|
Saturday, January 24 2009 |
|
I've been around Panama now for something like four years, a time in which I've traveled like a mischievous sprite to the nation's rural valleys and the barren beaches. I've met and lived with its indigenous tribes, I've explored its jagged coastline by air, land and sea, and I've hiked its most wild and isolated peaks. In a way, I've turned the glove of Panama inside out, enjoying both its well-known attractions and largely nameless hidden gems. I've spelunked in Darien, I've suntanned in Cambutal, and I've driven the treacherous Carretera Llano Carti all the way to San Blas. I've visited pre-Columbian gravesites amidst the jungles of Veraguas, I've hunted iguanas in Chiriqui, and I've bet on cockfights in the heart of Chorillo. But I can't say my relationship with Panama has ever been that in-depth.
|
|
Last Updated ( Saturday, January 24 2009 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Tuesday, January 06 2009 |
|
Talk of Panama's potential real estate bust has dominated current event buzz over the course of 2008. Optimists claimed Panama was impervious to such a decline while pessimists damned everyone who signed pre-construction contracts. Regardless of ones take, a blow to Panama's real estate boom has always carried a negative connotation, a sign of worse things to come or proof that Panama was susceptible to failure. This article however will argue that an imminent correction to the market, above all other scenarios, will be the best thing for Panama since its Gaillard Cut.
|
|
Last Updated ( Monday, February 23 2009 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Wednesday, December 31 2008 |
|
2008 for Panama was a record-setting year: real estate sales skyrocketed, tourism soared, the economy grew by unparalleled levels. Oppositely, 2008 brought some negative press such as a heightened corruption rating, increased poverty, and a near-busting real estate boom in the City. However, many experts were surprised to see most of Panama's industries with their nose above water in a time elsewhere in the world that many sectors had drowned with the surrounding crises.
|
|
Last Updated ( Thursday, January 01 2009 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Monday, December 29 2008 |
|
How did the Panama real estate sector handle a large decrease in buyers? How did the government deal with a giant influx in foreigners? What is to come? Last year I wrote what I called the State of Affairs in Panama, 2008 which was my list of predictions in the real estate and tourism sectors for the upcoming year. I wrote the article New Years Eve 2007 and figured it'd be interesting to go back and evaluate my predictions, if nothing else, as a bolster to my forecast for 2009. I have posted below my 15 predictions along with an academic grade (on a scale of A+ to F) and reasoning to back the grade up. I didn't write this review from the lookout on Ancon hill as the picture might lead you to believe, but from the bowels of my office library, the setting was almost as dramatic.
|
|
Last Updated ( Monday, January 19 2009 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Wednesday, December 10 2008 |
|
Panama is like an entrepreneur's dream tainted with some annoying sound in the background that doesn't allow for optimal rapid eye movement: there is a plethora of opportunity in just about every area of expertise, but there are also a number of speed bumps that can take their toll. Panama's best entrepreneurs know how to embrace that which makes the country's niches lucrative and how to play down those nuances, which could be handled by someone else.
|
|
Last Updated ( Wednesday, December 10 2008 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Wednesday, December 10 2008 |
|
It's a common sight in magazine features and online blogs, the developing Panama City skyline as a symbol of unbridled growth and development in Central America: it's the tangible synergy of a banking hub, a trade center, and budding tourism and real estate sectors all bundled together in an emerging nation. Articles plagued with words like expansion and progress make headlines both home and abroad, however in a time of such intense imaginings, some believe the fruition of Panama's vision to be a dubious castle in the sky.
|
|
Last Updated ( Wednesday, December 10 2008 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Tuesday, November 25 2008 |
|
A Canal expansion. The announcement of several oil refineries and several other mining projects. A real estate sector erected in record time. Exponential increases in the tourism sector. With such stellar economic growth over the past few years, the Republic of Panama became the poster child for unbridled progress in Central America, if not the world. But with some of its support pillars, some its important means of nourishment now beginning to crumble, how will Panama deal with new challenges on the line?
|
|
Last Updated ( Tuesday, November 25 2008 )
|
|
|
Panama Property
|
|
Written by Matt
|
|
Monday, November 24 2008 |
|
Title insurance in Panama, while a relatively new industry, has made strides over the past few years in providing options to buyers who want full backup in case of any threat to their investment. The industry arose as a result of little history of documentation in Panama real estate and while title insurance is a service that foreigners are dependant upon, until only recently, there haven't been too many options in Panama. In just the past year, there have been several cases, which highlight the need for title insurance in Panama, among them:
|
|
Last Updated ( Monday, November 24 2008 )
|
|
|
Panama Investment
|
|
Written by Kent Davis
|
|
Wednesday, October 29 2008 |
|
Everything that's wrong with Panama's agents and why I'm one of them. The following is a document written by my friend Kent Davis. Kent is a consultant in the City and he wrote the words below as a response to his many clients who were interested in details about making investments in Panama. Kent is arguably the most reliable agent I know in Panama and although his work clearly conflicts with our interests here at The Panama Report, we thought it was important to post.
|
|
Last Updated ( Thursday, January 01 2009 )
|
|
|
Panama Development
|
|
Written by Yanuly Sanson
|
|
Friday, October 17 2008 |
|
These days you'll read everywhere about how the Panama City is changing, exploding, for good or bad, it happens and cannot be stopped. Nor it should, but what we would prefer it's a steady hand to guide it thru this difficult transition between a colorful town and a truly cosmopolitan city, a way to make it work without sacrificing the soul, that which truly binds and make us love Panama. The government does indeed have a plan, but it changes according to the whims of the higher bidders and whatever some politic+economical gain can be obtained.
|
|
|
Panama Law
|
|
Written by Matt
|
|
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.
|
|
Last Updated ( Saturday, October 18 2008 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Wednesday, October 08 2008 |
|
"So get this," Adam says while we were sitting at the Baltimore Aquarium waiting for the dolphin show to start. "A girl I used to date told me that when she was in kindergarten, some rich kid in her class had a birthday party at the national zoo. When the boy got up in front of his family and friends to take part in an honorary dolphin routine, the trainer accidentally hit the wrong button, releasing the gate to the polar bear tank. Then the polar bear swam up, swiped the kid off the stage, mauled him in the water, and ate him alive before everyone in the audience. Imagine that!"
|
|
Last Updated ( Wednesday, October 08 2008 )
|
|
|
Paid Articles
|
|
Written by Matt
|
|
Monday, October 06 2008 |
|
Real estate and humanitarianism, two worlds that once collided ruthlessly on a moral scale are now showing signs of harmony in Central America's boom-nation of Panama, where the trickle down effect of development is being defined in remarkable new ways. It's long been a notorious business real estate, one characterized by a slash-and-burn mentality: by money-grubbing land developers and cutthroat super agents who'd do anything, and that meant anything, to make a sale.
|
|
Last Updated ( Thursday, October 09 2008 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Tuesday, September 30 2008 |
|
Nowadays, everyone is pondering more or less the same question: should you invest your money (or in a lot of cases your time) in Panama? It's a topic of conversation you can overhear in the airport, at dinner tables, on the street and even in public bathroom stalls where I once heard a man raving about Trump while taking a dump.
|
|
Last Updated ( Tuesday, September 30 2008 )
|
|
|
Panama Property
|
|
Written by Matt
|
|
Tuesday, September 23 2008 |
|
While tempted by the investment often, my parents never sprung for a second or vacation home but rather opted to rent: a choice I was able to identify, even at the age of four, as second-best. We'd gather for down-home weeks at the beach, enjoying family, friends and great weather, but to me there was always an underlying feeling of greed and resentment knowing that the property wasn't really ours. There seemed to be a certain power to owning a second home, which I knew because several of my friends proudly exhibited it.
|
|
Last Updated ( Tuesday, September 23 2008 )
|
|
|
Panama Real Estate For Sale
|
|
Written by Matt
|
|
Monday, September 22 2008 |
|
The hype and puffery of Panama's real estate roar manifested itself last weekend at the City's annual Atlapa convention, an event which visitors will remember less for its investment insight and more for its plethora of beautiful women, free snacks, and complimentary mouse pads embossed with seductive floor plans.
|
|
Last Updated ( Monday, September 22 2008 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Thursday, September 18 2008 |
|
First they came for Levis. Then they came for iPods. Now Europeans are in search of something new and cheap to bring back home and Panama real estate seems to fit the bill. With their options varied and buying power strong, why are Europeans setting their sights on Panama?
|
|
Last Updated ( Thursday, September 18 2008 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Monday, September 15 2008 |
|
In the past six months, nine of my close friends living in major US cities have been victims of a tight credit squeeze and laid off their jobs at investment banks. And while many have a tough time seeing growth or change in the market in the near future, there does appear to be a light at the end of their tunnel-albeit one shining from a good ways south.
|
|
Last Updated ( Monday, September 15 2008 )
|
|
|
Panama Investment
|
|
Written by Daniel Quesada
|
|
Thursday, September 11 2008 |
An in-depth look at the current real estate scenario in Panama City in layman's terms: focusing on the recent past, present, and near future for Panama City high-rise condominiums. While there might have been a small window to buy Panama condos and profit off them, is it still a lucrative investment?
|
|
Last Updated ( Friday, September 12 2008 )
|
|
|
Panama Property
|
|
Written by Matt
|
|
Monday, September 08 2008 |
|
Panama Condos have been the center of attention in Panama City's real estate roar, though with a glut of construction and development, interest for many appears to be not in the current boom cycle but rather in the impending slowdown, which is expected to decrease prices dramatically.
|
|
Last Updated ( Monday, September 08 2008 )
|
|
|
Panama Development
|
|
Written by Daniel Quesada
|
|
Thursday, September 04 2008 |
|
Over the last year and a half, I've had the privilege, or the curse, of working with a wide range of developers in Panama and Costa Rica. I have worked on mega-deals and mom and pop 10-lot subdivisions. I have seen big successes and some monster flops. If you are a developer, or a wannabe developer, there are certain things you need to make sure you do, and don't do, that can spell the difference between a big win and a big waste of time and money.
|
|
Last Updated ( Thursday, September 04 2008 )
|
|
|
Panama Property
|
|
Written by Matt
|
|
Wednesday, September 03 2008 |
|
Ask anyone who's searched, or is searching for Panama rentals in the City and you're likely to get the same sort of face associated with trying to transport a morbidly obese woman by hand: it's a process akin to swallowing a whole pear.
|
|
Last Updated ( Wednesday, September 03 2008 )
|
|
|
Panama Law
|
|
Written by Matt
|
|
Tuesday, September 02 2008 |
|
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.
|
|
Last Updated ( Tuesday, September 02 2008 )
|
|
|
Panama Law
|
|
Written by Andrew Cowan
|
|
Sunday, August 24 2008 |
|
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.
|
|
|
Panama Real Estate For Sale
|
|
Written by Andrew Cowan
|
|
Sunday, August 24 2008 |
|
Buying real estate in a foreign country can be an exciting and daunting task, all at the same time. Panama has become a hotbed for foreign investment and a magnet for U.S. retirees. The following list outlines some of the things to think about when you find a property you like in Panama.
|
|
|
Panama Investment
|
|
Written by Andrew Cowan
|
|
Sunday, August 24 2008 |
|
Banking in Panama is a huge business. Panama’s location between North America and South America has transformed it into a banking hub for the Western Hemisphere. Whether you are opening a personal bank account, a corporate account, or are merely exploring your options in the offshore banking sector, the following is aimed at helping you learn more about the banks available here in Panama.
|
|
Last Updated ( Sunday, August 24 2008 )
|
|
|
Panama Law
|
|
Written by Andrew Cowan
|
|
Sunday, August 24 2008 |
|
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.
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Tuesday, July 01 2008 |
|
Roughly ten years ago, an investor I know came to Panama and liked what he saw. He liked it so much that he purchased a piece of beachfront real estate in a little town called Gorgona for $25,000, roughly the size of a football field. He just recently sold the property to a hungry developer for just over $400,000.
|
|
Last Updated ( Sunday, August 24 2008 )
|
|
|
Panama Real Estate For Sale
|
|
Written by Matt
|
|
Tuesday, May 20 2008 |
|
There are many advantages in arriving to a new real estate market before the proverbial hoards. The following though, is the best one piece of advice we can give to people looking to invest in Panama and strike it rich.
|
|
Last Updated ( Sunday, August 24 2008 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Monday, May 19 2008 |
|
Panama real estate has taken a lot of heads: the people left on the ground, screaming from the errors they made as first time investors. Here are 12 new mistakes to remember when investing in the Republic of Panama.
|
|
Last Updated ( Sunday, August 24 2008 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Wednesday, May 14 2008 |
|
The moment after I saw the movie, I remember distinctly wanting to be a Ninja Turtle when I grew up. But my dreams seemed to have been ended when my mother rushed us out of the sequel, claiming it was too violent for our precious and innocent eyes.
|
|
Last Updated ( Wednesday, September 03 2008 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Tuesday, May 13 2008 |
|
With the unfortunate demolition of Panama's historic architecture in
favor of new dated-looking condominium towers, the nation's capital
city is losing not only its historical fabric, but also the essence and
personality that drew people there in the first place.
|
|
Last Updated ( Sunday, August 24 2008 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Sunday, April 06 2008 |
It's no secret that the game of real estate is often one that revolves around the control of information, and in Panama due to a number of factors at play, the disadvantages that result from a restricted flow are significantly amplified.
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Wednesday, March 19 2008 |
With various crises in the US set to stifle the Panama real estate boom, Europeans are holding up the proverbial rear, crowding real estate offices around the country with their Capri pants, Spanish dictionaries, and crusty loaves of bread.
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|
Panama Retirement
|
|
Written by Matt
|
|
Sunday, March 09 2008 |
If you're reading this and you're older than 40, you must leave now! I'll be using phrases like "sup B" and "OMG" and "mo-fo" that you're destined to not understand. "You see, when I was your age, the closest I ever got to Central America was a crummy Spanish textbook" I imagined my mother nagging in my ear as I reclined on a balcony in Casco Viejo overlooking a beautiful plaza and drinking a glass of Chilean wine.
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|
Panama Property
|
|
Written by Matt
|
|
Friday, March 07 2008 |
(Panama City, Panama) Over the last year there's been a lot of speculation regarding what will happen to the residential real estate market in Panama, and I think it's fair to say no one really knows for sure. So in this moment of uncertainty, wouldn't it be nice to have a new and reliable real estate investment alternative in the capital city?
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|
Paid Articles
|
|
Written by Rudy
|
|
Wednesday, February 13 2008 |
Panama offers some incredible investment opportunities for the developer wanting a large piece of land to construct a resort or for the individual just looking for a piece of paradise to construct a little shangri la. With an abundance of natural beauty, panama is as diverse as its people and birds, with two oceans, miles of beaches, cool fresh highlands, panama has always been the "puente del mundo, corazon del universo", meaning "bridge of the world, heart of the Universe".
|
|
Last Updated ( Monday, September 22 2008 )
|
|
|
Panama Development
|
|
Written by Matt
|
|
Wednesday, January 23 2008 |
Panama has been evolving (for better or worse) over 2007 into a regional monster. The economy is booming, the real estate sector is still in full force, and the tourism industry appears to be just getting legs. But what does 2008 have in store for the little isthmus whose name means an abundance of fish? Here are my predictions for Panama tourism and real estate in 2008, however idealistic or cynical they may be.
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|
Panama Law
|
|
Written by Matt
|
|
Monday, November 05 2007 |
|
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.
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|
Panama Investment
|
|
Written by Matt
|
|
Wednesday, October 24 2007 |
OK, we're not going to tell you where you can make the most money in Panama City, but we are going to reveal a clever investment strategy being used to make lots of money by today's sharp capital investors.
|
|
Last Updated ( Monday, August 11 2008 )
|
|
|