Panama Offshore Legal Services Blog

Immigrating to Panama from South Africa: What you need to know

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For many in South Africa, the turmoil and uncertainty of recent years has become just too much, and staying put no longer seems like a good option. Right now, thousands of landowners in South Africa are under danger of either losing their land, or even worse, their lives, with no immediate end in sight, and little aid from the outside world. As chaotic as life is in South Africa, the resilience of its people is inspiring, and people are taking action into their own hands, and making the choice to emigrate. While this choice is never easy, it’s the best bet for those who want to improve their lifestyle, increase their safety, and continue to grow professionally, or as investors.

While there are many great options around the world for South Africans when it comes to emigrating, one place keeps popping up at the top of the list for people of all ages/backgrounds. That place is Panama. Continue reading »

Posted in Banking in Panama, Investing in Panama, Moving to Panama, Panama Real Estate, Relocating to Panama | Leave a comment

Renting vs. Buying in Panama: How to make the best real estate choice

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If you’re planning on relocating to Panama, whether for a short or long period, you’ll need to decide whether you want to rent or buy Panama real estate. Both options have a lot to offer, and both can be financially beneficial depending on your lifestyle and circumstances. If you’re looking to rent or buy in Panama, you’ll need to do some due diligence first. The Real Estate market in Panama is diverse and has an abundance of new properties, both in the cities and the suburbs. From luxury skyscraper apartments, beach houses, estates, family homes, and suburban condos, Panama has it all, to buy or rent. Here are some quick tips on how whether you should rent or buy in Panama. Continue reading »

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Investing in Panama for the Future, With Current Returns

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Investing in Panama is a subject often talked about within the international business community, especially for those in Latin America and the Caribbean. Panama has a versatile, diverse business community with investment options that run the gamut as far as industry, volume, type, and returns. One thing almost all investments in Panama have in common, however, is the future. Panama has had a unique economic situation since the transfer of the Panama Canal back in 2000, and more specifically, an economic surge over the last ten years. When the global economy was sinking (mostly) in 2008/2009, Panama was growing. Why? Well, it’s complicated.
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Panama: A relocation checklist for newcomers

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Planning on relocating to Panama for work or retirement? There’s a lot to consider, and it can be overwhelming to any newcomer. Before you move, it’s important to get all your ducks in a row, so to speak, to better prepare yourself. To help you out and get started, here’s what we recommend.
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Major World Bank Project to Help Panama’s Indigenous

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Panama is a country with a diverse and complicated history when it comes to its indigenous. There are approximately half a million indigenous in Panama, making up around 12% of the total population, split into eight tribes (Embera, Kuna, Ngobe-Bugle, Guayami, Bokota, Talamanca, Teribe, and Wounaan). Despite making up over 10% of the total population, Panama’s indigenous suffer the most poverty per capita of any demographic in the country, and that makes it hard for many of them to live a quality life. For centuries, political and cultural clashes between the indigenous and the government have made progress hard, but things are slowly changing, and are about to get a big leg up from the World Bank.
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A Panama Renaissance in Casco Viejo

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Panama’s historic “old city”, known as Casco Viejo or Casco Antiguo by some, is going through an incredible renaissance these days. It’s the #1 most visited area of the country tourism wise, it’s home to many of Panama’s best restuarants and bars, it has walkable small beaches, plazas, parks, and is where the seat of government resides in the nation. It’s grown, once again, into the cultural and entertainment center of Panama City. But it wasn’t always this way. Casco Viejo has gone through many layers of change over the past few decades. In fact, it’s gone through this time and time again over the past few centuries. Right now, the neighborhood is in full-on boom mode, and more importantly, a cultural renaissance.
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Posted in Investing in Panama, Moving to Panama, Panama Arts/Culture, Panama Real Estate, Panama Tourism | Leave a comment

Buying Real Estate in Panama

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Have you been considering buying real estate in Panama as an investment, or as your next home? Real estate in Panama is quite popular for international buyers, with a growing market in both new and old properties, and long-term rental potential all over the country. Real estate in Panama is diverse, dynamic, and can truly fit any budget, as long as you know where to look, (and more importantly) what you’re looking for. The hardest part for most people when it comes to buying Panama real estate is getting the whole process started. How do you find the properties? How do you get info on the local market? Most importantly, how do you know if what you’re getting is worth it? Don’t worry, that’s what we’re here for!
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Investing in Panama: Where you should put your money in 2018

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It’s a new year, and that means lots of investing and financial planning for many people and businesses all over the world. Panama is heading into a big year as far as economic potential and growth, with plenty of great ways to invest your money in a variety of industries and markets. If you’ve invested in Panama already, now’s a great time to diversify and expand. If you are thinking about investing in Panama, here are some of the areas you should look into to get started, and have the upper hand as we lead into another financial year.
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The Key to Investing in Panama: Diversify!

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Have you been thinking about investing in Panama? Are you doing your due diligence right now to see if it’s right for you. If either of these are the case, you’ll have lots to consider before diving into the market, and many opportunities to weigh and consider. Panama has an incredibly diverse market, with investment potential in not just the services industry, but also in commodities, real estate, logistics, and even crypto-currencies. If you’re from outside of Panama, you may want to be a bit conservative with your initial investments. That’s OK, and completely within reason and understanding as a foreigner/outsider to the market. However, even if your investments are small, the best way to get a stable, good return is to diversify. Here’s why.
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5 Ways Your Life Will Change in Panama

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Moving to Panama is a choice that many people make for many reasons, however there’s one that connects them all: change. Whether it’s retiring in Panama, working in Panama, becoming a digital nomad in Panama, or just taking time to live in a different culture, your life will change in Panama (mostly for the better). It’s all about stepping out of your comfort zone, exploring the wonders of Panama, and improving your life in a truly unique way. Here are our 5 ways we think your life will change in Panama. Continue reading »

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