In a big step for Panama’s financial community, the legislature moved this week to approve a bill that will force nonfinancial institutions to report suspicious money deals. The move is part of an effort to prove to the international financial…
Miami has South Beach. Los Angeles has Ocean Drive. And Panama City has Punta Pacifica. Punta Pacifica sets the benchmark for luxury real estate in Panama City. The aristocratic neighborhood has earned every inch of elite status though its lavish…
For many years, real estate experts in Panama City have noticed a distinct correlation between the Miami real estate market and Panama City’s property sales. To casual observers, it may sound like speculation, but after years living and working in…
You’ve decided to take the plunge and buy a Panama City apartment and offer it as a rental, an increasingly common investment strategy in Panama City. Now what? All the factors are in place to make the investment work, but…