Country Archive
A Little-known Panamanian Law Could Save You Thousands
Date: 01/22/2008
Wednesday, Jan. 23, 2008
Panama City, Panama
Read more about Panama in International Living Postcards—your daily escape
A little-known law in Panama means that you can get financing on your Panama residence at very low interest rates.
The law, due to expire at the end of the year, qualifies buyers of certain homes for mortgage interest rates of 2% to 3%.
Read On
Why Panama Is Top of Our List
Date: 01/19/2008Sunday, Jan. 20, 2008
Read more about retiring overseas in International Living Postcards—Sunday Edition
After a couple of false starts (first, two years ago, when we came close to leaving Paris and Waterford for Panama…then again this past summer, when we nearly became full-time Dubliners), we’re on track again for relocation…to Panama. All indications are that this mission will launch, though I’ve learned from experience to remain open-minded and flexible.
Read On
The Return of Panama’s 20-Year Property Tax Exemption
Date: 01/06/2008Monday, Jan. 7, 2008
Read more about Panama in International Living Postcards--your daily escape
One of the main incentives to buy property in Panama was the 20-year property tax exemption law, first passed in 1990 to encourage economic development and investment. The exemption freed buyers of new homes or condos from paying property tax for up to 20 years.
Read On
Will Prices Jump 50% in Sleepy Volcan, Too?
Date: 12/25/2007
Wednesday, Dec. 26, 2007
Volcan, Panama
Few places rival Volcan for picture-perfect mountain scenery coupled with a low cost of living. The climate is cool (temperatures are usually 10-15 degrees Fahrenheit cooler here than in Panama City…at night, it can get as low as 60 degrees). You can get dinner for $4, breakfast for $2, or splurge at one of the good ethnic restaurants and spend $12 ($16 with wine).
Read OnSave $2,500 on Eye Surgery in Panama
Date: 11/22/2007Friday, Nov. 23, 2007
Read more about Panama in International Living Postcards--your daily escape
I’m not a young man, but I didn’t think I was old enough to have cataracts. However, the verdict of my eye exam