Real Estate Panama

Playa Colorada, Beach Front for Sale

noreply@blogger.com (Julio C. Chavez) — Fri, 18 Nov 2011 02:23:00 +0000

This large beach of Costa Arriba is located in the immediate vicinity of the border of the Archipelago of San Blas, the native territory of the Kuna Indians. The nearest town is Santa Isabel.

Access
The property is accessible by a 45 minutes boat ride from Miramar (Costa Arriba) or 20 minutes boat ride from the airport El Porvenir (San Blas). The government endorsed a private initiative to begin building a road that connects Panama′s International airport to the environs of Playa Colorada. Sturdy 4×4 vehicles are currently able to reach the property by means of an adventurous trail.

Playa Colorada Info

Playa Colorada, which borders the Kuna Oasis property, also boasts a paradise beach. Crystal clear water, white sand, and many hundreds of 70 feet (25 m) tall coconut palms create a spectacular setting bordering rainforest and gentle rolling hills with breathtaking ocean views. Just off the beach some world class diving sites can be found. Coconuts can be harvested from the coconut palm plantation and medicinal and edible herbs can be gathered from the elaborate tropical gardens. The beach is also frequented by massive leatherback turtles which use the beach as their nesting grounds.

Contact us. erick_simpson@hotmail.com

More Info: http://www.axis3studio.com/playacolorada/

Cerro Azul Vacation Resort, Panama

noreply@blogger.com (Julio C. Chavez) — Fri, 18 Nov 2011 02:18:00 +0000

Lakefront Resort. 3 cozy houses directly on a Lake! Located in The Mountains in Cerro Azul. Short 30 minute drive from Panama City, Panama.

Breathtaking views from your private terrace overlooking gorgeous lake, the rainforest; spectacular sunrise and comforting breeze. Swim in clean warm waters. Take a fishing or kayak trip or relax on your private patio.

Each house features

Double bed
Satellite TV
Dvd Player
Full bathroom with hot water
Private kitchenette equipped with fridge ,stove, microwave, coffee machine, double closet
Spacious patio with Bar-B-Q overlooking beautiful lake

How to get to Cerro Azul

Take the Corredor Sur up to the end of Tocumen. Before you get to the supermarket Extra turn left until the end of the street aprox. 2 min driving. At the end of the street turn again left go straight aprox. 15 min to the mountains, You will see on left,the lake: Between the lake and the "Kiosco el lago" there is a street on your left hand side, that you need to take, and then go around the lake until you see a big fence make of blocks and a black metal gate.

More Information :http://www.cerroazulvacation.com

noreply@blogger.com (Julio C. Chavez) — Sat, 05 Feb 2011 18:52:00 +0000

De Segunda, el nuevo sitio de anuncios clasificados de Panama te regala solo por el mes de Febrero, un IPad!
Solo tienes que registrarte en www.desegunda.com.pa ya que es totalmente gratis!

Si deseas puedes anunciar tu casa, las empresas de bienes raices pueden aprovechar para postear GRATIS los primeros meses, buscar empleo, servicios o publicar sus productos con toda libertad.

Natural Paradise for sale, Gatun’s Lake

noreply@blogger.com (Julio C. Chavez) — Fri, 12 Nov 2010 19:45:00 +0000

Magnificent Peninsula, with 5 points, an area of 25 hectares (61.8 Acres) on the shores of Lake Gatun (15610 feet of waterfront (4758 meters). The property is titled. It has main house, completely remodeled, three bedrooms, two bathrooms, kitchen, laundry, large covered terrace, parking for 4 cars and a lovely garden. A house with 2 rooms for the keeper, bathroom, kitchen, terrace.

The property has direct access from the main road and a ramp for launching boats.

It has electricity and water.

The 5 points are accessible by roads in the forest plots carefully.
It´s intense tropical vegetation, forests with trees of precious woods, mahogany, Guayacanes, etc..
Wildlife is exuberant, among others, sloths, howler monkeys, marmosets, armadillos many iguanas.
Birds: toucans, macaws, parrots, hummingbirds, etc… Wide variety of butterflies.
The lake abounds with many species of freshwater fish, turtles that come to breed on the shores. There are even manatees.

This private paradise is just 30 minutes from the Gatun Locks, then 1 hour from downtown Panama City.
In the immediate neighborhood of property there are some European and American.

The property is the ideal site for developing ecotourism and rural tourism.
You can go horseback riding, boating on the beautiful and tranquil waters of the lake, or simply walking the trails in the midst of nature.

Then, within 45 minutes you can discover the beaches of the Caribbean coast known as the "Costa Abajo", or the Shelter Bay Marina with its proximity to Fort San Lorenzo and the mouth of the historic "Chagres River".

Cyril REIS
+507 60 90 76 95

Nuevos proyectos habitacionales en Panamá que traerán beneficios en el 2011

noreply@blogger.com (Julio C. Chavez) — Fri, 12 Nov 2010 14:55:00 +0000

En el 2011, el Gobierno Nacional pretenderá disminuir el déficit habitacional en Panamá al reforzar sus planes en materia de vivienda.

Durante la inauguración de Expo Mivi 2010, el viceministro y canciller de la República, Juan Carlos Varela, explicó que una de las estrategias será ampliar el valor de las viviendas que se benefician del Fondo Solidario de Vivienda, así como crear un inventario de residencias nuevas de entrega inmediata.

Actualmente, en el caso del Fondo, dijo que a las familias aspirantes se les entrega un bono de $5,000, siempre y cuando el valor de la residencia por comprar no supere los 30 mil dólares, pero lo que buscamos ahora es incluir aquellas casas cuyo precio de venta no sea mayor de 35 mil dólares, con un ingreso familiar de 800 dólares mensuales.

Varela recalcó que el margen de precio entre las casas sería de cinco mil dólares, pero puntualizó que el bono se mantendrá en la misma cantidad.

Por otra parte, Varela precisó que en enero de 2011 se tiene pensado lanzar la creación de un inventario de residencias nuevas para entrega inmediata y, para ello, entre el Banco Nacional de Panamá y el Ministerio de Vivienda y Ordenamiento Territorial (MIVIOT) se analiza invertir unos 300 millones de dólares en la compra de 10 mil residencias, cuyo precio oscile entre 25 mil y 35 mil dólares.

Enfatizó que las casas deben ser nuevas, además de que deben cumplir con los parámetros que exige el Gobierno como el tamaño del terreno, metros de la infraestructura y la calidad de los materiales de construcción.

Para el funcionario, la iniciativa surge a raíz de que cuando el pueblo va a comprar una casa nueva, en ocasiones las empresas inmobiliarias demoran hasta dos años para entregarla y con esta estrategia al aspirante se le entregaría su vivienda más rápido.

‘Esto es una garante del 40% al 50% de la compra de la residencias que requiere el pueblo panameño’, puntualizó Varela.

Las iniciativas gubernamentales fueron calificadas por Giovanni Fletcher, presidente del Instituto Panameño de Derechos del Consumidor y Usuario (Ipadecu), como ‘justas y viables’, ya que ayudan a las personas de mediano y pocos recursos a conseguir una vivienda.

No obstante, somos de la opinión —añadió Fletcher— de que el Gobierno debe velar por los estándares de calidad de esas viviendas en cuanto a tamaño de la construcción y la calidad de los materiales.

En tanto, Carlos A. Duboy, titular del MIVIOT, señaló que cifras de la institución revelan que, hasta el mes de septiembre de 2010, con el Fondo Solidario de Vivienda ya se habían distribuido aproximadamente 12 millones 500 mil dólares, beneficiando acerca de 2 mil 500 familias.

Este programa tiene un presupuesto asignado para el año 2011 por el orden de los 15 millones de dólares, con el cual se pretende beneficiar a unas 2 mil 500 familias a nivel nacional.

‘Con los programas que está llevando a cabo el Gobierno, como los de Curundú, Chorrillo y Colón y otras miles de casas más, sabemos que el déficit habitacional en Panamá se reducirá pronto’, concluyó Duboy.

Como anunciarse en nuestro sitio - Advertising in Real Estate Panama

noreply@blogger.com (Julio C. Chavez) — Mon, 25 Oct 2010 22:35:00 +0000

Estimado agente, empresario o propietario. Nosotros le ofrecemos cuatro opciones para anunciarse en nuestro sitio web que tiene mas de 1500 visitantes al mes! Una de ellas es en el Slide Show que aparece en casi todas las paginas. Por solo $150 al mes y por contrato de tres meses usted puede aparecer en este slideshow.

La otra opcion es el banner superior fijo cuyo costo es de $200 al mes y que sale tambien en todas las paginas sin excepcion. El banner inferior cuesta $150 y tambien es fijo en todas las paginas. Los banners laterales tienen un costo de $100 cada uno por mes.

La publicidad pagada en nuestro sitio a traves de los banners y el slideshow tambien le da derecho a mandar sus articuloso sus propiedades para ser colocados en nuestra pagina de noticias, mientras este pautando con nosotros. Asi que tendrá dos opciones de anunciarse por el precio de una pauta.

El pago puede ser en efectivo o en cheque, solo tiene que llamarnos al 6529-2642 o escribirnos a jucasta@gmail.com para mas informacion!

Julio Castaneda Ch.
Administrador del sitio

Venta de Casa en Teremar - Excelente precio, Negociable

noreply@blogger.com (Julio C. Chavez) — Sat, 23 Oct 2010 17:57:00 +0000

Se vende casa en Barriada Teremar en Juan Diaz a solo 36000 dolares negociables. Cerca de todo como Centros Comerciales y Supermercados, con acceso al corredor Sur y al aeropuerto. Cuenta con dos habitaciones, cuarto de baño, sala comedor, cocina con gabinetes, patio con cesped y arbol, garage sin techar y terraza, pasillo lateral con piso de cemento, dos tinas.

House for sale in Teremar, Juan Diaz district, for only
$36,000 - Negotiable!

Near of South Corridor and Metro Mall, markets, stores and more!
Two bedrooms, One Bathroom, very pacefull place...

Cel: 6529-2642 / Email: jucasta@gmail.com

Ocean Trump Panama

noreply@blogger.com (Julio C. Chavez) — Mon, 23 Aug 2010 12:49:00 +0000

With $ 200 million dollars of investment, the Trump Organization will build the new one Trump Ocean Club, International Hotel & Tower Panama, Trump Ocean Club International Hotel & Tower, located in Pacific Point, has a Yacht Club very near.

In Panama City, this great residential and business center is built, in a land of 14,000 mts2 (150,695 sq ft.), that will be at the same level of the most important constructions of the cities all over the world.

Estancia Santerra - Property in El Valle

noreply@blogger.com (Julio C. Chavez) — Fri, 05 Feb 2010 05:30:00 +0000

We are selling very exclusive house properties (41 houses) in El Valle, 19th Kilometer, Panama. It fully entitled, for sale in $350,000 Dollars, aprox. and ready for 2008. The name of this project is Estancia Santerra. If you are interested or want more information please only contact us to: info@panamalegalconsultants.com

Call us: ++ (507) 6798.1338

Website: http://www.panamalegalconsultants.com

Panama Reforestation Visa in Panama

noreply@blogger.com (Julio C. Chavez) — Sat, 30 Aug 2008 22:03:00 +0000

Viewed geographically and geologically Panama forms a bridge between North and South America. Apart from the Panama Canal as one of the most important trade routes in the world for navigation, Panama hosts the second largest Free Trade Zone in the world. The US dollar, the local currency since 1904, guarantees the lowest levels of inflation in the entire hemisphere, inflation that barely exceeds 1.5 %.

With over 60,000 hectares of plantations Panama is among the biggest developers of wood plantations in Central America. On top of this, Panama has special fiscal incentive laws that make available interesting advantages for a plantation owner:

- Investor’s visa with the right to reside in Panama.
- Tax exemptions for processed wood.
- Exemptions on real estate tax
- Exemptions on real estate sales tax when selling a property
- Exemptions on capital gains tax when selling a property

Furthermore Panama also offers incentives in several other sectors, such as agriculture as well as for retirees. The importance of plantations as producers of this essential raw material has increased enormously. Today nearly 5% of all reforested areas are plantations and according to an updated FAO study approximately 60% of the wood production in Latin America and the Caribbean will come from plantations by the year 2020. Latin America and the Caribbean produce about 10% of the worldwide demand for wood.

Tecaland’s teak plantations are located in the provinces of Darien and Panama, to the east of the capital, where existing plantations of some 12 to 14 years of age show extraordinarily good growth conditions.

For more information contact to Panama Lawyers - (507) 6687-3183

noreply@blogger.com (Julio C. Chavez) — Wed, 19 Mar 2008 19:24:00 +0000

Panama lawyers with different kind of Panama offshore legal services like offshore corporations, private interest foundations, bank accounts intro's for asset protection, escrow services, immigration services, brokerage, corporate accounts, maritime legal services and real estate advisors for all kind of transactions. Actually we have properties for sale in Coronado and Mariato in Veraguas; a mountain view in Chiriqui and Bocas del Toro.

Please if you need assistance please contact us: info@abogadosconsultorespanama.com
Or call us: Tel: (507) 6687-3183
Abogados Consultores de Panamá

Veranda Tower - Coco del Mar, San Francisco, Panama

noreply@blogger.com (Julio C. Chavez) — Wed, 05 Mar 2008 04:55:00 +0000

Veranda Tower - San Francisco, Coco del Mar, big apartment with great view of Panama City.
For more info please, contact us: info@panamalegalconsultants.com

Property between Chiriqui and Bocas del Toro

noreply@blogger.com (Julio C. Chavez) — Tue, 04 Mar 2008 18:05:00 +0000

We have a property in the middle of Bocas del Toro and Chiriqui highlands, 800 hects, excelent view in the mountains. The price is Negotiable (Since 6.5 million). Please for more info contact us:
info@panamalegalconsultants.com

Bayfront Tower - New real estate Project in Panama

noreply@blogger.com (Julio C. Chavez) — Sat, 02 Feb 2008 22:38:00 +0000

Bayfront Fower: - One room apartments - 20 years free tax exoneration - MODEL A (2 and 3 with view to the beach) MODEL A (9 and 10 with view to the Panama city)
Maintenance only by $150

Contact us: info@panamalegalconsultants.com

Panama Passports and Visas

noreply@blogger.com (Julio C. Chavez) — Fri, 29 Jun 2007 06:06:00 +0000

The Kind of Visas in PANAMA are the next: - More info, please visit our website: http://www.panamalegalconsultants.com

- Immediate Passport Program: offering Immediate Panamanian Passport
Foreigners can be obtain immediate Panamanian Passport under the condition that they make a 5 year time deposit (certificate of deposit - "CD"), at the Banco Nacional de Panama, which earns a minimum of US$750 per month in interest income.
Since interest rates fluctuate, the minimum amount generated monthly must be $750. That means the original 5 year CD deposit with the Banco Nacional de Panama will vary depending on current interest rates. The monthly interest earned from the time deposit (CD), would be deposited directly into the applicants savings account, and the applicant can withdraw the funds in the savings account at any time.

- Self Economic Solvency Visa: offering Permanent Residency & Passport
The Self-Economic Solvency Visa offers three different investment options to qualify for residency status in the Republic of Panama:
Investment Option 1: Invest a minimum of US$200,000 in a two year time deposit or "certificate of deposit" or "CD", at any licensed bank in Panama.
- Conditions: The time deposit (CD) account must be in the personal name of the primary applicant (it may not be in the name of a corporation, foundation, or trust). The interest earned from the time deposit (CD), will be deposited monthly into any savings account at the bank that you designate (the savings account may be a personal account, or a corporate account). The interest income is not taxed by the Panamanian government, nor is it subject to any tax reporting requirements. - Dependents: For each additional dependent that applies for residency under the primary applicant, the primary applicant must prove that he or she has enough income to support the general costs of living of each dependent.
Investment Option 2: Invest a minimum of US$200,000 in a titled property (real estate) in the Republic of Panama.
- Conditions: The titled property must be in the personal name of the primary applicant (it may not be in the name of a corporation, foundation, or trust). The primary applicant must also prove that he or she has an income to support his or her general costs of living.
- Dependents: For each additional dependent that applies for residency under the primary applicant, the primary applicant must prove that he or she has enough income to support the general costs of living of each dependent.
Investment Option 3: Invest a minimum of US$120,000 in a two year time deposit or "certificate of deposit" or "CD", at any licensed bank in Panama, plus invest a minimum of US$80,000 in a titled property (real estate) in the Republic of Panama.
- Conditions: The time deposit (CD) account must be in the personal name of the primary applicant (it may not be in the name of a corporation, foundation, or trust). The interest earned from the time deposit (CD), will be deposited monthly into any savings account at the bank that you designate (the savings account may be a personal account, or a corporate account). The interest income is not taxed by the Panamanian government, nor is it subject to any tax reporting requirements. The titled property must be in the personal name of the primary applicant (it may not be in the name of a corporation, foundation, or trust). The primary applicant must also prove that he or she has an income to support his or her general costs of living.
- Dependents: For each additional dependent that applies for residency under the primary applicant, the primary applicant must prove that he or she has enough income to support the general costs of living of each dependent.

- Small Business Investor Program: offering Permanent Residency & Passport.
The foreign business owners can be obtain legal residency in Panama under the condition that they invest a minimum of US$150,000 in either a new business venture, or an established company in Panama. Part of the requirement is that the business must employ at least 3 Panamanian employees paying them at least minimum wage, with social security benefits.

- Reforestation Visa: offering Permanent Residency & Passport.
- All applicants must provide a Police Clearance report on a police department's letterhead, signed by a police official.- All documents must be issued no more than 4 months prior to submitting the visa application.- All visa applications must be processed by a Panamanian lawyer.
- All overseas documents must be authenticated by a Panamanian Consulate nearest you or by Apostille.
- Passports must have at least 6 months remaining before expiration.
- Dependants can be included with both options.
Panama Reforestation Visa offer 2 options:
A. Small Business investment of at least $40,000;
B. Large Business investment of at least $80,000.

- Retired or Pensioned Program: offering Permanent Residency only.
Foreigners can obtain legal residency in Panama under the condition that they are retired or pensioned. According to the Immigration Department of Panama, there is no minimum or maximum age required to qualify you only need to provide the below described requirements / documents.
The applicants retirement income (or pension income) must be at least a life time US$500 per month. For each dependent, the retirement income (or pension income) amount must be increased by US$100. For example, a husband with wife and one child, would need to prove a total pension income of US$700.Beneffits of this Visa Tax free importation of new or used household goods for up to USD 10,000.00; No income tax is paid in Panama for the pension received nor the interest gained from the fixed term deposit;
All benefits given to Panamanian retired persons by Law No. 6 of 1987 (some tax benefits, discounts in restaurants, hotels, teathers, etc.); Tax free importation of a car, for personal or family use, every two years;
No obligation to pay warranty deposits, as required for other types of visas.
** After filing the visa application, the whole procedure may take two months.

- Multiple Entry & Exit Visa (Optional)
The Residency Visas is for foreigners so they can establish residency and permanently reside within the territory of the Republic of Panama. Every Immigrant or Resident should have an Entry and Exit Visa if he or she plans to travel into and or out of the Republic of Panama.An "Immigrant" is a foreigner or tourist that has applied for a resident Visa in the Republic of Panama. A "Resident" is a foreigner or tourist that has completed a resident Visa application program and has obtained a Permanent Resident Card in Panama.
The Multiple Entry & Exit Visa allows foreigners to enter and exit the Republic of Panama as many times as necessary during the validity of the Multiple Entry and Exit Visa, or until the expiration date of the Visa.Time frame:It takes approximately five (5) business days to process the Multiple Entry & Exit Visa at the Immigration office.Validity of the Multiple Entry & Exit Visa depends on the Legal status of Client:
If Immigrant (Resident Visa is in process): the Multiple Entry and Exit Visa is valid for one year or less (depending on the expiration date of the current provisional resident visa).
If Permanent Resident (Resident Visa is completed): the Multiple Entry and Exit Visa should be valid for a maximum term of two years.

**********************

More info please, contact us: info@panamalegalconsultants.com

or visit our website: http://www.panamalegalconsultants.com

El ministro de Turismo Ruben Blades desmiente rumores sobre visas y vacunas para turistas

noreply@blogger.com (Julio C. Chavez) — Sat, 16 Jun 2007 22:56:00 +0000

www.panamalegalconsultants.com

El ministro panameño de Turismo, Rubén Blades, desmintió que se haya adoptado la medida de reducir el tiempo de estancia en el país de turistas a solamente 30 días y que Panamá esté exigiendo vacunas para permitir la entrada al país. “Esos comentarios son completamente falsos y lo que buscan son desacreditar las acciones del Gobierno nacional. Queremos aclarar que los turistas pueden venir a Panamá hasta por 90 días, con dos prórrogas después de los primeros 30 días, tanto en los casos en los que se exija la visa o la tarjeta de turismo.”Según Blades, los comentarios surgen a raíz de “un manejo irresponsable de información” que está circulando por Internet, en el que se sugiere que se ha disminuido la cantidad de días que los turistas pueden permanecer en Panamá y que se estará exigiendo una tarjeta de vacunación para su entrada al país. “Personas inescrupulosas se están dando a la tarea de circular rumores que lo que persiguen es hacerle daño al país” advirtió Blades.

El ministro aclaró que el Instituto Panameño de Turismo (IPAT) no fue inicialmente consultado para la elaboración de un proyecto de ley de salud “que busca mejorar los controles sanitarios, adhiriéndose al reglamento sanitario internacional”, comentó y aclaró que los ejecutivos del IPAT tuvieron conocimiento del mismo el viernes de la semana pasada. “El desarrollo de la actividad turística implica consideraciones que no están dentro de nuestra jurisdicción; queremos aclarar que la ley no ha sido sancionada y que la ministra de Gobierno y Justicia, Olga Gólcher, enviará una nota a todas las aerolíneas y al cuerpo diplomático, a fin de aclarar que el aspecto de la vacunación aún no está aprobado oficialmente”, señaló el ministro de Turismo.Por su parte la entidad rectora del turismo en Panamá, solicitó a la Dirección Nacional de Migración que adoptara las medidas pertinentes a fin de que los turistas interesados en hacer efectiva la extensión de su visa de turismo concedida por treinta días y prorrogables por sesenta días adicionales, puedan hacerlo en cualquiera de las oficinas de la Dirección de Migración a nivel nacional. “Es una medida importante que creemos beneficiará al turismo” afirmó por último Blades.

*************************************** more info: info@panamalegalconsultants.com

The Panamanian minister of Tourism, Rubén Blades, denied that the measurement has been adopted to reduce the time of stay in the country of tourists to only 30 days and that Panama is demanding bovine to allow the entrance to the country. “Those commentaries are completely false and what they are to discredit the actions of the national Government. We want to clarify that the tourists can come to Panama until by 90 days, with two prorogations after the first 30 days, as much in the cases in which the visa or the card of tourism is demanded.”According to Blades, the commentaries arise as a result of “an irresponsible handling of information” that is circulating around Internet, in which it is suggested has diminished the amount of days that the tourists can remain in Panama and that will be demanding a card of vaccination for its entrance to the country. “Bad people are circulating rumors who what they persecute are to do damage to him to the country” noticed Blades.

The minister clarified that the Panamanian Institute of Turismo (IPAT) initially was not consulted for the elaboration of a project of health law “that it looks for to improve the sanitary controls, adhering to international the sanitary regulation”, commented and clarified that the executives of the IPAT had knowledge of he himself Friday of the last week.

www.panamalegalconsultants.com

E-commerce en Panama

noreply@blogger.com (Julio C. Chavez) — Fri, 18 May 2007 21:33:00 +0000

It seems lie but here in Panama we are not to the height of oferecer e-commerce like in other countries. This is partly due to the laws that have congealed everything what has to do with this activity, to avoid fraudulent banking operations as well, false businesses, etc. Some banks offer this solution of purchase with credit card that mainly turn out to be something expensive and complicated for the small companies, aside from which everything depends on the type on watch and product that thinks to offer. The electronic commerce must be thought like an extension of the models of existing businesses. That I mean with this? If you have a solid model of business before expanding it online, is a great opportunity of which your business prospers through e-commerce.

It is really necessary to look for the few options available in Panama to mount a business of e-commerce. For that reason I say that first that there is to see is that service is offered. For example, if what thinks to offer is legal services, practically there are no options since this type on watch does not guarantee anything to him stable to the bank (fraudulent returns by reclamations, operations, risky clients). But nevertheless if one is a product that is given by courier already he is something different since he is something tangible and from less sense of expectancy.

noreply@blogger.com (Julio C. Chavez) — Sat, 12 May 2007 15:23:00 +0000

http://www.panamalegalconsultants.com

They are a panamanian law firm specialists in legal services, Panama offshore corporations, private interest foundations, immigration (passports and visas), open bank accounts, asset protection, brokerage and merchant accounts, escrow services, and real estate contracts and transactions.

Panama Offshore Corporation Services
"Our clients use panamanian offshore corporations for trusts, or private interest foundations, to open and manage brokerage accounts, or asset protection. The panama corporations are formed to mantain the privacy and confidentiality of transactions like the transfer of founds for the another country and of the protection of the assets."

Private Interest Foundations
"Panama foundations represent an option, different from Panamanian offshore corporations. Private Interest Foundations permit the protection of assets destined to non commercial activities, but including its use as a holding company or for testamentary purposes. "

Panama Offshore Bank Accounts
"In Panama Legal Consultants we specialize in the process of bank accountsin prestigious and reputable Panama banking institutions Our law firm will assist for make the bank account application process more easy for you.."

If you are interested in for more info about this services, please contact us: info@panamalegalconsultants.com

Denovo - Condo in Obarrio, Panama City

noreply@blogger.com (Julio C. Chavez) — Mon, 30 Apr 2007 03:29:00 +0000

41 stories into the sky. The neighborhood features a Ferrari dealership, Rolex, Hugo Boss, Cartier and the best luxury brand found in Panama. The brand standard of DENOVO includes international services from ¨world-cierge,¨ translators fluent in eight languages, a business center with conference room and personal assistants who execute both personal and professional needs ... your way.

The Price: 230,000 - $390,000
Total Area: 969-1195 sq.ft

Currently Panama is offering tremendous incentives for buyers of new construction in the form of property tax incentives, citizenship and so much more. Also, as one of the largest centers for international banking, foreign national financing is easier than ever before.
The Executive Residences at Denovo will be fee simple condominiums that can be enrolled in a rental program similar to condo hotels, but without many of the fees and restrictions typically associated with them. All Executive Residences will come fully furnished in the most luxurious of ways including wiring and telecommunications in your private office, central air conditioning and wine cellar.
Panama Legal Consultants: We are a lawyers with experience in real estate consulting and properties transactions. Please call us: ++ (507) 6798-1338
Or contact us: info@panamalegalconsultants.com
Website: http://www.panamalegalconsultants.com

U.S. retirees fuel boom in Panama

noreply@blogger.com (Julio C. Chavez) — Thu, 26 Apr 2007 05:08:00 +0000

By JENALIA MORENO
Copyright 2007
Houston Chronicle

PANAMA CITY, PANAMA — Towering cranes and more than a dozen residential skyscrapers under construction obscure the retired Houston couple's view overlooking Punta Pacifica, Panama City's hot new foreign enclave.
In one direction, Donald Trump is building a 68-story, sail-shaped edifice on the Pacific Ocean called the Trump Ocean Club International Hotel & Tower.
In another, Spanish company Grupo Mall, which is selling properties out of Houston, is putting up Los Faros de Panama, The Lighthouses of Panama, a glitzy development complete with apartments, a casino and a hotel.
At least 170 residential towers worth $3.2 billion are planned or currently under construction, according to a recent survey by real estate consultancy Prima Panama.

Fueling this boom, in part, are U.S. retirees lured by Panama's cheap health care, dollar economy and widespread use of English. More moving southBetween 2003 and March 2006, the Panamanian government issued 1,379 visas to Americans 55 and older, according to a report by the Washington, D.C.-based Migration Policy Institute, adding to the already growing retiree population.

In 1990, by contrast, 491 American retirees called Panama home, according to the institute. With 78.2 million U.S. baby boomers expected to reach retirement age in the next two decades, developers and the real estate industry are counting on Panama to issue many more visas.

"Panama is the latest country to join this boom — and with a lot of dynamism," said Orlando Lopez, general manager of Central America for Houston-based Stewart Title, which plans to open an office in Panama City later this year. Lopez, who's based in Costa Rica, estimates the office could guarantee $300 million in properties within a year of operation.

Other Houston-based companies are also hoping to get a piece of this market. Houston-based AbroadEstatesgroup has the exclusive rights for the Texas market to sell homes in Grupo Mall's development, which will have three towers, the central one reaching 84 stories. A handful of Houstonians are expected to produce down payments for units in the development, said Jose-Pablo Fernandez-Cueto, international operations officer for AbroadEstatesgroup, which also offers financing for homes in Mexico and Costa Rica.

Incentives abound Panamanian developers began aggressively catering to U.S. buyers, with golf courses, gated communities and American-style shopping centers, about three years ago. Magazines and even television shows with tips for buying property abound in Panama. Promoters tout the nation's warm weather, flights to the U.S. and discounts for a variety of items, including movie tickets and doctor's visits.

The Panamanian government is also selling the nation, offering some exemptions on property taxes, duties for importing household goods and a car. Such incentives seem to be at least sparking the interest of American retirees.

A Panama Marriott Hotel guest from Wisconsin recently stopped at the concierge desk to ask about the location of retirement communities. One March morning, a group of visiting Americans met with real estate agents in the lobby of the InterContinental Miramar Panama for tours of properties.

And more than 150 U.S. real estate agents recently attended Panama Spectacular, a weeklong conference providing tours of dozens of properties in Panama City and along the Pacific Ocean. Promoting the countryPanamanian native Xiomara Samudio, an Atlanta real estate agent and Continental Airlines flight attendant, was one of the attendees.
"I thought it was just a wonderful idea for my business to be able to visit all the developments so that I can go back and sell Panama," said Samudio, who walked barefoot on the beach at a gated community.

"As a Panamanian, I feel extremely proud that the government of Panama and all of the real estate people have done an extraordinary job promoting the country." Though there are plenty of promotions of projects, real estate agents and interested buyers can view few completed developments for now.

Instead, they stop by fenced-in construction sites, model homes and empty Pacific Coast beaches where developers promise to build high-rise buildings and gated communities. "This phenomenon right now is all about sales and beginning to get into construction," said Paul McBride, chief executive officer of Prima Panama, the real estate consultancy, which also publishes Paradise, a magazine for North American retirees. His company also offers a travel-discount program, and in 10 months it issued 3,500 memberships.

"The inventory is not going to show up for another three to six years," McBride said.
Although few properties are complete, Panamanian, European and American developers continue their plans for posh skyscrapers in the city and luxury beachfront communities in the city's suburbs.

Miyaki Project in Obarrio Panama

noreply@blogger.com (Julio C. Chavez) — Wed, 25 Apr 2007 03:55:00 +0000

Viveros Island - the Pearl of the Pacific

noreply@blogger.com (Julio C. Chavez) — Fri, 20 Apr 2007 05:52:00 +0000

Viveros Island is the Pearl of the Pacific, located 40 miles South East of Panama City at just fifteen minutes by airplane or in two hour if you enjoy sailing. Neighboring isles provide an always pleasant view, abundant tropical fruits, vegetation and amazing opportunities for bird watching and fishing.Grupo Viveros envisioned a secure and comfortable place for you to spend quality time along with you loved ones.

We have designed the most accommodating grounds balancing state of the art infrastructure with natural vegetation, lakes and beaches, preserving the natural environment from undesired changes.Come and see yourself the magic balance of an ideal climate, with temperatures ranging from 77°F (25°C) in winter to 82°F (28°C) in summer, and an average of 40 inches (86cm) of rainfall per year with no hurricane threats.We’ve searched the world looking for a “paradise” and we found it in Viveros Island. Explore our offering and make you choice. Visit us wherever you have a chance, we will be glade to guide you through, without no hustle and no pressure.

For more info: projectpanamarealestate@yahoo.com

Pearl Islands New Project in Pedro Gonzales Island

noreply@blogger.com (Julio C. Chavez) — Thu, 19 Apr 2007 14:11:00 +0000

Fuente: La Prensa - Bernardino Freire

PRESENTATION. Andrés Duany, founding partner of Latin DPZ America, explains the details of the plans of development of Pedro González island.

Eleta Group bets on the tourism and for it has contracted the services of the international company of architects Duany Plater - Zyberk & Company (DPZ) so it advises them in the elaboration the master plan development a tourist community in the Pedro González island, located in the archipelago of the Pearls.

In order to create a forum that promotes a dialogue opened between specialists in the tourist and urban subject and the community in general, the group has organized a series of planning sessions and workshops that began last Wednesday night with a presentation of Andrés Duany, DPZ partner and recognized as "the pioneer of the new urbanism". Duany gave details of how a city based on the principles is planned that turn to the communities inhabitable places: accessible to the pedestrians, connectivity, mixed, diverse and compact use, architecture and urban design of quality, traditional structure of district, appropriate transport, sustainability and quality of life.
In these workshops, the residents, designers, govt officials and representatives of environmental organizations and other tourist developers share their vision with respect to the plans for the tourist development in the Pedro González island.

"The group as a owner of one of the island in Pearl archipelago, have wanted to get involve in a serious way to the tourist development, therefore, in order to accomplish that goal have engaged in the task of looking for a company to advise us on how to make this development in a sustainable form, respecting the natural patrimony that we have as a country", said the executive director of Eleta Group,Guillermo Saint Malo Eleta.

Panama stays interested in negotiated solution about the banana import

noreply@blogger.com (Julio C. Chavez) — Wed, 18 Apr 2007 13:42:00 +0000

The Panamanian minister of Commerce, Alejandro Ferrer, indicated that Panama is still interested in reaching a solution to the banana import conflict with the European Union through negotiations. Last week the country formalised its participation as a third country in the Ecuadorian WTO procedure, in which an arbitration panel will decide on a verdict on the European banana imports. However, it is questionable if WTO arbitration and negotiation can be paralleled at all, as the intervention of a dispute resolution commission of the WTO generally does polarize the positions of the different stakeholders.

Publication date: April 10 2007Author: André van der Wiel Copyright: www.freshplaza.com

Q Tower - Punta Pacifica Building

noreply@blogger.com (Julio C. Chavez) — Sat, 07 Apr 2007 15:59:00 +0000

Q TOWER is an Ocean front masterpiece, created specially for those individuals who look for luxury comfort, and exclusivity. With all of its units having astonishing views of the Pacific Ocean, high floor to ceiling height, and the best quality finishes will redefine your standard of living. Being located in Punta Pacifica, which is one of the prime neighborhoods in Panama, will let you enjoy a centric location having everything you need at walking distance.

THE BUILDING

Luxurious double height lobby
65 stories high modern architectural Master Piece
24 hr security box
Visitor parkings
High speed elevators
Service elevator
Total Emergency Power Supply
Closed Circuit for the building
Electronic access