Header

Panama Real Estate is on the Rise

January 23rd, 2012 | Posted by daniela in Panama Real Estate - (0 Comments)

Panama Real EstateWith Panama in control of its canal, Panama real estate has seen a large increase in funds and interest from investors and visitors from all over the world.  The booming economy has fueled the improvements made to the country.  Many of these improvements were made possible by expatriates and investors from America building hotels and purchasing retirement homes.  With this much capital being spent in the country, Panama retirement is an option for many.  The passage of the United States-Panama free trade agreement in October will pump even more people and money into the country.

Arguably, the most important improvements to Panama are being made to the Panama Canal itself, which is in the early stages of its expansion.  The project hopes to widen and deepen the canal and add two locks, essentially doubling the amount of cargo the canal can hold.  The expansion is expected to be finished by 2014, the canal’s 100-year anniversary.

With so much Panama real estate for sale, it’s no wonder many high-profile projects have been green-lit in the country.  These include The Panamera, the very first Waldorf Astoria hotel in Latin America (opening in June 2012); the Trump Ocean Club, the region’s tallest building; and the BioMuseo, a natural history museum that is a decade in the making.

Panama real estate is in high demand and the country’s continuing growth will create a lot of opportunities for visitors and tourists to take advantage of.

, ,

Why Living In Panama Is Easier

January 2nd, 2012 | Posted by daniela in Living in Panama - (0 Comments)

panama retirementPanama is a special place. The Panama Canal is a large reason for Panama’s economic success; 77% of their GDP comes from their service sector, of which the canal and all of its container ports, flagship fees and tourism form a large part.

Such a successful economy means that living in Panama is easier than living in a country such as Bolivia, which is the poorest South American country, and one of the more dangerous besides.

Plus tax and price discounts for moving to Panama exist as incentives, and the parity between the American dollar and the balboa, the Panamanian currency, make it so that dollars are easily traded and used. Living in Panama is a lot like living in a more tropical, less traditional part of the United States.

Why wouldn’t you choose Panama retirement? The alternative, retirement in a typical American suburb, is so boring, repetitious and blase; while the former provides opportunities for adventure and tranquility different from the traditional Florida retirement experience.

The beaches in Central America, Panama particularly, are some of the world’s best. Clean white beaches, turquoise waters and island breezes blowing over the sea provide an ideal retirement setting. What more could you ask for?

 

 

 

, ,

Retire to Panama

December 5th, 2011 | Posted by KristinG in Living in Panama - (0 Comments)

Many retirees are looking to move to south after their working days are behind them. The snow is hard on older bodies and shoveling the walk might not be as appealing as it was when they first moved into their homes. Warm breezes, walks on the sand, and swimming in luxurious warm pools are exactly what retirees are looking for nowadays.

Some want to shuffle their way down to South Carolina or Florida, but more and more the retiring population is looking toward Panama. Panama retirement is so appealing for many reasons. First, it’s incredibly beautiful and warm which, as stated previously, is what every retiree is looking for. Secondly, it’s safe. There are many secure gated communities in Panama that cater to the retirement crowd. These communities have fantastic luxury amenities like luxury pools, private beaches, and tennis, basketball, and volleyball courts.

Panama retirement is looking more and more like a way of living for the future generations. Especially when you consider the most important part of retirement which is monetary control of assets. The cost of living is incredibly easing on the wallets of the older populous. In Panama, retirees can live out their days in peace and with peace of mind. And possibly a mai tai cocktail by the pool!

,