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Future looks bright for Panama : Daily Telegraph July 2009
Panama has a slice of everything and something for everyone, says Richard McColl. He explains why the future looks bright for Panama.
By Richard McColl : DAILY TELEGRAPH
Published: 4:45PM BST 05 Jul 2009
As well as a favourable climate, Panama has an abundance of flora... »»
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Panama Is the New Florida
By Michelle Conlin : BusinessWeek July 2nd 2009
Panama's quality health care, low costs, and proximity to the states are attracting American professionals as a retirement haven
Prospective retirees: Panama wants you. The pitch? A plane ride just 21/2 hours from Miami e... »»
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Investors Bullish on new President Martinelli
LATIN CHRONICLE : JULY 1st 2009
Local and foreign investors are bullish on the outlook for Panama with the new government of 57-year old Ricardo Martinelli, who was inaugurated today as president for a five-year term.
“I’m very positive on Martinelli,” says Ka... »»
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Profile of Panama (BBC news May 2009)
From BBC News. May 2009 : http://news.bbc.co.uk/2/hi/americas/country_profiles/1229332.stm
Lying at the crossroads of the North and South American continents and the Atlantic and Pacific oceans, Panama is of immense strategic importance.
This has made it a target for int... »»
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Panama Oil Refineries $40 Billion investment plan
Reuters
By Andrew Beatty
PANAMA CITY, (Reuters) - A consortium of private firms led by Spain's Tecnicas Reunidas (TRE.MC: Quote, Profile, Research) presented a 20-year plan worth $40 billion on Thursday to transform Panama into a refinery and petrochemical hub for Latin Ameri... »»
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Panama economy grows 9.5% in 2008 : Major Multinational Investment
CNNMoney.com - Sep 16, 2008
Panama's economy has grown at a 9.5% clip in the first half of 2008 and has seen 23 consecutive quarters of economic growth
Panama’s economy grew 8.5 % in 2007.
Major players such as Caterpillar, HP, Dell, Proctor & Gamble and others have opened ... »»
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Zero Property Taxes for 20 years
The law change was approved on March 10, 2008, by the Panamanian Legislature to extend the 20-year property tax exemption until Dec 31, 2011. ( the original limit had been set as the 31 of August of 2007)
To qualify for this exemption:
a) the BUILDING permit must have bee... »»
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Panama Canal Begins Historic Expansion
September 3, 2007 - 3:05pm
By KATHIA MARTINEZ
Associated Press
PANAMA CITY, Panama (AP) - Panama blasted away part of a hillside next to the canal on Monday, marking the start of the waterway's biggest expansion since it opened 93 years ago.
In the presence of former Pres... »»
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Panama's new prosperity
Published : South Florida Sun-Sentinal
June 14, 2007
Guillermo I. Martínez
Panama City, Panama · My passport says I'm writing this column from Panama, the country, not the city in the Florida panhandle. A quick auto trip to the old Panama Canal Zone to see the boats crossin... »»
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Panama City: My Kind of Town
Matthew Parker : The Sunday Telegraph, London, England. May 6th 2007
Why Panama City?
Because its history and present-day economy make it outward-looking and cosmopolitan. There's a sense of being at the crossroads of the world. It has wonderful music and food. In 20 mi... »»
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Panama credit rating raised to Positive
LONDON (Thomson Financial) - Standard & Poor's Ratings Services raised its outlook on Panama's sovereign credit rating to positive from stable, while confirming its 'B' rating.
S&P said the raised outlook reflects the likelihood of an upgrade if improvements in fiscal performa... »»
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Buying in Central America
By AMY GUNDERSON
Published: January 10, 2007
When Steve Carl steps out of his three-bedroom beach house in Ambergris Caye in northern Belize, snorkeling at one of the largest barrier reefs in the world is just a short swim away and going to dinner means leaving footwear behind.... »»
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Age is a Bargain in Panama
By Martha M. Hamilton
Washington Post Sunday, November 26, 2006; Page F01
Forget cheap movies and early-bird meals at Applebee's.
When it comes to age-related discounts, you can't beat Panama!
To attract more investment, the central American nation has eased immigration ... »»
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Panama's Good Weather, Good Beaches, Good Value Lures Americans in Search of the Good Life
By JEFFREY KOFMAN
PANAMA CITY, Panama, Nov. 2, 2006 — Joe Urby and his wife, Stacey Waldren, call it their four-year plan. They live in San Antonio, Texas, with their three children. But when their youngest son heads off to college in four years, the Urbys plan to pull up stak... »»
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USA TODAY 8/18/06 : Panama: So hot right now!
USA TODAY 8/18/06
Panama: So hot right now
PANAMA CITY — Retire in paradise for pennies a day!
...And one of the hottest spots now is Panama. The promise: Live better for less.
The country is supplanting Costa Rica as the Central American country where retired North Amer... »»
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Trump chooses Panama City for $220 million project
Panama City, Panama, Real Estate Boom
Copa Airlines "Panorama" Magazine, August 06
The announcement sounded like a trumpet call to the North American real estate industry: Donald Trump, famous American businessman, will build The Trump Ocean Club, International Hotel and Towe... »»
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International Investors Flock to Panama
International Herald Tribune, June 2nd 2006
Arriving individually or on real estate tours, international investors are buying into one of the hottest real estate markets in the hemisphere. Aging North American baby boomers are in the majority, but a growing number of European... »»
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Baby Boomers Move South of Border
Newsweek, March 14, 2005
A trend that demographers say will only increase as baby boomers start cashing their Social Security checks: Americans are retiring in other countries where the prices are low and the living is easy. Hot spots like Costa Rica, Panama and Belize look like... »»
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Panama - the affordable alternative
New York Times, February 2005
Little wonder that Panama is increasingly lighting up the radar screens of those searching for an affordable alternative to more traditional south-of-the-border retreats in Mexico, Costa Rica and the Caribbean, where escalating prices increasingly r... »»
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Big Spending on a Little Budget
Panama is one of my favorite places to travel with my husband, the former accountant. Lief is careful. He pays attention to every dime and every nickel. But even he is known to play the Big Spender when on Panamanian soil. I'm the happy beneficiary of the temporary transformation... »»
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Nicaragua, Honduras, Panama Vie to Be the Next Florida
The Wall Street Journal, June 2004
"The quality of life, the cost of living is a lot better" than the U.S., says Mr. LaFoley, 56 years old, who owns a shopping center in Massachusetts.Countries like these are rolling out the welcome mat to Americans with a variety of financial... »»
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No Hurricanes!
Storm watchers will be glad to know that Panama lies below the so called "hurricane belt" so does not experience hurricanes.
Weak tropical depression will occasionally skirt the Caribbean coast however in general Panama is insulated from the extemes of weather.
Sunshine am... »»
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Retirement Programs in Panama
Retirement Programs
Panama's "law for pensioned or retired persons" is a very good deal! It is relatively easy to obtain a "Pensionado Visa" and once you qualify, you get significant discounts on just about everything in Panama, from doctor's visits to transportation, restauran... »»
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Panama's Economic Stability
Panama's economy has steadily increased in recent years despite the economic crisis suffered throughout Latin American and much of the world. On March 22, 2004, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with Panama. The IMF... »»
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