Did you know about Panama’s great new residency program dubbed the “Red Carpet Visa”? Through Executive Decree No. 722 of October 15, 2020, a migratory subcategory called ‘Permanent Residency as a Qualified Investor’ was created, which grants Permanent Residence in Panama in 30 business days or less. The decree’s primary objective is to promote foreign […]
What do Robert Kiyosaki and Warren Buffett have in common? Well, in addition to having millions of dollars in their bank accounts, a large part of their business empire is thanks to real estate investment. Investors like them did not become rich in a day. But they had to live the ups and downs of […]
You’ve saved 200K USD and now are trying to figure out where to invest the funds. Leaving the funds in a savings account may seem like the best thing to do, however banks today are paying little to zero interest on your savings. In fact, some banks have begun CHARGING THE CLIENT INTEREST to hold […]
Year after year real estate has proven to be a consistent way to generate large amounts of money. It doesn’t matter how many times the market has fallen and picked up over the past century, it’s still an industry with massive credibility. Even with the proven facts above, there are many who hesitate to jump […]
Pet Friendly, a phrase that keeps popping up everywhere you turn. Day after day the amount of pet friendly places increase all over the world and Panama is no exception to that rule. From small businesses like restaurants and bars to major hotel chains like Marriot, being pet friendly is becoming more of a requirement […]
Will you be having a long stay in Panama City in the near future? Are you coming for work, play, or to do some research on the country? Whichever is your case, we have assembled a list of the essentials you must know before coming here, that will definitely make your life a lot easier. […]
During the month of September 2017, important changes occurred to Panama´s property tax reform. It turns out that after many reviews, The National Assembly finally approved the controversial bill of Law 509 Project, that reforms the Tax Code on Property Tax (IBI). According to the MEF, Ministry of Economy and Finances, the ones who presented […]
Panama City offers a wide range of prices in houses and apartments for rent, but those prices depend greatly on the area where the properties are located. We have selected luxurious apartments for rent, that you can find in one of the most exclusive neighborhoods in Panama, Punta Pacifica, for $2,500 or less per month. […]
