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property

PPR Attorney Explains the New Accounting Law

PPR Attorney Explains the New Accounting Law

A new accounting law has changed the record-keeping requirements for companies, which will have a direct impact on Panama homeowners who use a corporation to own their property.  The new legislation, Law No. 254, requires all legal entities, including corporations…

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Panama Property Development Enters New Phase

Panama Property Development Enters New Phase

Recent progress on two trend-setting projects in Panama City signals the start of a new era in Panama city’s property market. On Ocean Reef, the man-made islands in Panama Bay, construction is underway on Beach Club Residences, the first condominium…

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Construction Begins on Amador Cruise Port

Construction Begins on Amador Cruise Port

Construction work has officially started on a $165 million cruise port on Amador Causeway, which is developing as a top Panama City destination. Chinese company China Harbour Engineering Company (CHEC) is working with Belgian company Jan de Nul to build…

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