POLS Panama Relocation & Immigration Blog

Panama Relocation Datasheet: Quick tips and history before you move!

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Moving to Panama? Planning on investing in Panama? Just coming for a quick visit? Get to know the country first. There’s so much to this culturally rich, fun, and diverse country that you’ll want to be prepared to get the most out of it, no matter what your interest level is. So, before you hit the tarmac in Tocumen, or make the big leap to open your business or move here, check out these fast facts on Panama, and get to know why so many love to live and work here. Continue reading »

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Planning on retiring to Panama this year? Start here!

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If you’re planning on relocating to or retiring in Panama, chances are you’ll need to do some adjusting. This isn’t to say that it’ll be a bad experience; simply that moving to another country, and another culture, involves a lot of changes in a very short time. Getting personally adjusted to a new life, and new lifestyle, can be extremely rewarding, and actually a lot of fun. Here are some simple tips to help you adjust to Panama, and make your stay, or new life here, much easier:
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Warm City, Warm Hearts: Panama Ready For Youth. : Weekly News Roundup, December 28th, 2018

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Welcome to the Panama Weekly News Roundup! Here’s the latest. Continue reading »

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Where to invest in Panama in 2019

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As the financial year nears to a close, and you prepare to wind down before a busy start to the next year, it’s time to get your investment plans in order. And if you’re looking to make a splash in international investing, investing in Panama would be a great start for 2019, if you’re not investing here already that is. Panama has a very favorable investment climate, which means investing in Panama is a good buy. There are a number of areas to invest in, some riskier than others, but all with growing opportunities as we head into the new year. Here are some of our thoughts on where you should be investing in Panama in 2019.
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Playa Venao: Unspoiled, off the radar, and a great real estate investment!

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Retirees, working expats, and locals, have long sought after Panama’s beach communities as the ideal place to live both full-time and part time. In recent years, and especially today, many of these communities are going through a major Real Estate boom. This is great for the local economy, and is really driving investment and revenue into Panama’s top beach locations.

The only downside is that with all of the development, many communities are becoming crowded, and more importantly, expensive. They are also moving further and further away from the city as land becomes less available. And that may not necessarily be a bad thing, especially for people looking for an authentic, natural experience. The problem is, once you bring the city to the beach, it loses some of its authenticity.
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Salini sees maximum $334 million hit from Panama arbitration award. : Weekly News Roundup, December 21st, 2018

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Welcome to the Panama Weekly News Roundup! Here’s the latest. Continue reading »

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Time to Take the Leap: Why you should move to Panama in 2019

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Moving to Panama and relocating your life can be a challenge, and a big leap for many people. There’s so much to consider, and it may seem like an enormous amount of effort to make it work. Luckily, if you feel this way you’re not alone. But you don’t have to be. Moving to Panama can be not only a great experience, but both a personally and financially viable choice. And if you take the right steps, and know what you’re getting into, it could be one of the best decisions you make in your life. We’re here to tell you why, and how you can make the transition as smooth and enjoyable as possible.
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Five important steps to take to open a bank account in Panama

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Offshore investment remains steady in Panama, and that means lots of opportunities for business and banking. One of the most functional and feasible options in this region when it comes to business, retirement, or relocation is to open a Panama bank account as soon as you can. Panama has long had a reputation for secure offshore banking, and has very favorable laws for both offshore investors, and residents. If you want to open a bank account in Panama, however, you’ll need to do a few things ahead of time to prepare. The process is much easier than practically every country in Latin America, and with a small investment and a good lawyer, this can be done quickly, and painlessly. Here are 5 solid steps you’ll need to take before you open a bank account in Panama:
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Panama awards $1.4 billion bridge project to Chinese group. : Weekly News Roundup, December 14th, 2018

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Welcome to the Panama Weekly News Roundup! Here’s the latest. Continue reading »

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The growth and future of mobile and e-payment commerce in Panama, explained.

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Panama has been trying to market itself as a Latin American tech hub for quite some time now, and with mobile payments and e-commerce, they’re keeping to that promise. Although Latin America, in general, has been slower than other parts of the world to adapt to the e-commerce market, Panama is looking to change that in the immediate future. And international investors and startups are looking at investing in Panama as an ideal growth market for this type of commerce.

The consumer market in Panama is strong, and buyers need more options on how to shop, pay, and assign delivery for products and services. Mobile payments, innovative apps, and creative e-commerce websites could offer a viable, and profitable solution for both businesses and consumers; and that’s a win/win for Panama’s economy.
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