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Nicaragua’s on the brink. Panama’s on the rise. What gives?
What does 2019 have in store for Panama?
Moratorium on Panama Real Estate Taxes Extended
China in Panama: high-speed rail, mega infrastructure news + more
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All Posts in Category: Economy

Nicaragua’s on the brink. Panama’s on the rise. What gives?

By

Kent Davis

Posted in Economy, Exploring & Living in Panama On October 29, 2018

Five months after mass protests broke out in Nicaragua, the country is on the fastest downward slide toward anarchy, poverty and mass migration in recent history. Considered to be on the same path to tyranny as Syria and Venezuela, Nicaragua is now Latin America’s latest man-made refugee crisis, having sent at least 30,000 people into…

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What does 2019 have in store for Panama?

By

Kent Davis

Posted in Economy, Exploring & Living in Panama On October 29, 2018

President Varela is confident he’ll end his term on a high note — we’d call the 7% forecasted GDP growth for 2019 high too. So, let’s take stock of where Panama is today and the direction we expect the country to be heading in as we look ahead to next year and to the next…

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Moratorium on Panama Real Estate Taxes Extended

By

Kent Davis

Posted in Economy, Exploring & Living in Panama On October 29, 2018

The news is finally out. After months of back and forth on what (not) to include, Panama’s National Assembly passed Law 49, extending the amnesty on penalties and interest on back taxes of all shapes and sizes, including any outstanding property taxes, owed through December 31, 2018. So, if you own real estate in Panama…

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China in Panama: high-speed rail, mega infrastructure news + more

By

Kent Davis

Posted in Economy, Exploring & Living in Panama On September 28, 2018

The feasibility study for the US$5.5 billion high-speed rail megaproject linking Panama City to Chiriqui province is now in its final stretch. The field data’s in and the report is scheduled to be delivered by China Railways Corporation’s (CRC) to Panama by November. It’s one of the most prominent Chinese infrastructure projects to watch and…

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