A few weeks ago, ground was broken on one of Panama’s most ambitious residential projects to date. But unlike much of the new luxury construction in the city, this project is decidedly different. City of Hope will be classified as affordable housing; something that...
Investing in Panama
Tourism in Panama Continues to Fuel Service-Based Economy
Tourism in Panama has been a growing sector for many years now, as Panama has become a go-to Latin American/Caribbean destination for international travelers. However, not everyone in Panama is a believer. Hotels have had a tougher time filling rooms than expected,...
Panama Investing Big in Clean energy and Sustainable Development
Earlier this month, Panama took a huge step towards clean energy and sustainable development when it was announced that roughly $1 billion would be invested into solar panels and other clean energy projects. The investment, lead by Canadian green energy group...
Panama’s Construction Industry is Growing Again with Big Economic Benefits
If 2015 is any indicator, Panama’s construction industry is growing again, and that’s great news for the economy. Panama went through a construction boom during Martinelli’s presidential term that was unprecedented for such a small nation, and in Central America in...
How Will the Panama Canal Affect Your Offshore Investments in 2016?
If you’ve got offshore investments in Panama currently, or plan to make some in the next year, then the Panama Canal Expansion should be squarely on your radar. Though it’s been mired by work delays in the past year or so, the Canal is on schedule to be finished in...
Want to Invest in Real Estate? Look No Further Than Panama.
If you’re looking to invest in Panama, buying property in Panama should be at the top of your agenda. Panama has a growing economy, uses the US dollar, and has almost unparalleled economic stability when compared to other countries in the region. There’s the booming...
Colombian Bank to Invest $100 million in Panama in 2015
Investing in Panama will be a top priority for Colombian bank Banistmo, who is expanding their presence in the country significantly. The bank, which made a name for itself in Panama after buying HSBC’s Latin American branch a few years ago, has been planning such an...
Panama’s “Off the Radar” Beach Communities: A hidden Real Estate gem
Retirees, working expats, and locals, have long sought after Panama’s beach communities as the ideal place to live both full-time and part time. In recent years, and especially today, many of these communities are going through a major Real Estate boom. This is great...
Purchasing Panama Real Estate: An interactive, visual guide | Infographic
The real estate market in Panama is a hot topic with locals and foreigners, and with good reason. Panama recently underwent a major real estate boom, and currently, construction is at an all-time high. These days, there seems to be something for everybody. Whether...