Panama Property News
Tocumen International Airport officially reopened for international flights on Oct. 12, marking a major step in Panama’s reopening. In the early stages, Tocumen is expected to handle about 80 daily operations, with flights from 36 destinations in 20 countries in…
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A startup company has announced plans to turn a cruise ship into a floating community off the coast of Panama. The company, Ocean Builders, which also promotes “floating, off-grid seapod homes,” has reportedly purchased the cruise ship, Pacific Dawn, from…
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Panama continues to explore new ways to attract multinational corporations, which provide a strong foundation for the local economy. Panama’s president Laurentino Cortizo recently signed a new law, Law No. 159, establishing a tax regime designed to encourage multinationals to…
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Panama’s economy is poised for a sharp comeback, according to a new poll of Panamanian consumers. The Panamanian Consumer Confidence Index rose 35 points since June, a 46 percent increase, La Estrella reports. Consumers’ expectations of the economic situation went…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
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