The developer is looking to prevent a Middle Eastern group from derailing the project.
At issue is the building’s design, which resembles an existing structure built 10 years ago in Dubai.
The developers of the Trump Tower have received a court order that is aimed at protecting the project from rumors about potential legal problems with the […]
Panama gained $10.8 billion in land, housing, and infrastructure when the U.S. military left in 1999
Most of the 14, 538 properties have fallen into disrepair; only a fraction of them have been sold.
The Panamanian struggle to reclaim the territories long-held by the United States military took time and required sacrifices. Ultimately, however, the properties […]
La Prensa ran this story this morning and it states that an invitation has been made for the government of Panama to participate in the real estate show in Spain. It is not made clear whether the government as accepted the offer. If they did, it would be the first time the government would participate […]
Panama Offshore Legal Services (created in 1998) is a full service English speaking law firm specializing in Asset Protection, Offshore Corporations, Private Interest Foundations, Immigration, and Real Estate laws. We have offices in the Bella Vista District of Panama City and Bocas del Toro with 8 attorneys and 35 member support staff consisting of accountants, […]
Fincas Corral Servicing, one of the most important real estate agencies in Spain and Europe, will make Panama its regional headquarters for Central America.
Fincas Corral already has a presence in Mexico and Ecuador and is preparing to move into Colombia.
“We can say that Panama is very possibly the country that offers the greatest economic and […]
Afraid you missed the boat on the Costa Rican real estate market? It might be time to direct your gaze a little further south. Based on the crop of new resorts and luxury real estate offerings, it looks like Panama is following Costa Rica’s highly successful lead by attracting real estate developers and establishing itself […]
It was only about 4 years ago that finding a real estate agent in the interior of Panama was nearly impossible. Now there are dozens of Panamanian and foreign real estate promoters in the Boquete area alone. Most operate without a license and many of those that have them do not operate as we think […]
The extension of the property tax exemption is widely viewed as a positive move for the country’s real estate market.
But a local lawyer warns that buyers have to do their homework to ensure that they get the full benefits of the law.
When she bought her first home in 2003, Nancy Montenegro assumed that she would […]
When the real estate slump first hit Florida two years ago, Naples developer Todd Gates began sniffing around Central America and Caribbean markets for business opportunities. Gates, chairman of a Naples-based construction and real estate development company that bears his name, realized quickly the place to be was in economically booming Panama.
The once sleepy Central […]
The article below appeared in today’s La Prensa. This is great news for the real estate industry in Panama since it extends the 20-year property tax exemption for all projects whose building permits are issued before December 31st, 2009.
Combined with the reinstatement the 90-day tourist visa for U.S. citizens and these two […]
