Luxury Resorts Are Booming Along Panama’s Coast. : Weekly News Roundup, June 24th, 2018

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Luxury Resorts Are Booming Along Panama’s Coast.

After a five-year-long overhaul—which brought nine villas, 1,556 solar panels, and a water treatment plant—Islas Secas Reserve & Lodge soft-opened early this year. It will officially open in January 2019, with rooms starting at $1,000 per person a night, all inclusive.

Until his sudden death in 2008, Klein ran his version of the resort, which shares the name of the island chain, as a passion project. It was an exclusive, no-frills fishing lodge, with a handful of comfortable yurts scattered across its largest land mass, Isla Cavada. It was then purchased by American billionaire conservationist Louis Bacon, whose intention was to protect the marine ecosystem while developing the resort as a playground for high-end travelers. (The name Islas Secas, or “dry islands,” refers to the area’s extreme low tides, when the water level can drop more than 12 feet, exposing long stretches of sand.)

Source: Bloomberg

Panama ready to live up to their physical reputation against England.

Panama defender Harold Cummings has raised the prospect of a physical World Cup battle with England by warning them they will ‘play hard’ in Nizhny Novgorod on Sunday.

England boss Gareth Southgate has told his players about Panama’s rugged approach after the Central American minnows picked up five bookings in their tournament opener against Belgium.

Panama have developed a reputation as rough and physical opponents, and Southgate has instructed his players not to be intimidated as England seek to build on their opening World Cup victory against Tunisia.

Source: The Daily Mailf

Panama president Juan Carlos Varela: ‘We showed we can play football’.

The president of Panama spent Monday night watching England play football. Juan Carlos Varela, who signed an emergency decree declaring a public holiday the night the country qualified for the World Cup for the first time, was with the national team at their hotel by the Black Sea when Harry Kane scored.

Earlier, he had been in Sochi’s Fisht Stadium a kilometre away to see Panama make their debut against Belgium. And despite a 3-0 defeat Varela, hopping from foot to foot, kicking an imaginary ball as he relives a historic evening, says he is proud of his players. He also feels Panama’s hard game is now out of the way – even though it’s England next. He had been studying them after all.

Source: The Guardian


Five places that are PERFECT for retiring in Panama!

Have you considered retiring in Panama? Have you already made your decision, but not sure exactly where in Panama you should retire to? With so many great communities here for retirees, you’ve got lots to look over and consider before you make the move. We fully recommend that before making any big decisions about moving, you come visit these places for yourself. That being said, here are five of our favorite places that we think are ideal for retires in Panama.

The beaches area of Coronado, and now Gorgona, are hugely popular with expat retirees. Those who love the beach life, and a slow, sun-soaked pace will love this area. There’s also golf, a number of easy-to-access restaurants and services, and a medical center nearby. As far as real estate, prices are above average for Panama, however there’s lots of variety between houses, villas, and condo towers.

Source: POLS Blog


About POLS Attorneys Staff Writer

As one of the leading Panama Law Firms, and one of the regions most reliable offshore service providers, POLS Attorneys brings a wide range of professional knowledge to our clients needs. Our staff is made up of professional offshore consultants, Panama attorneys and immigration specialists who are experienced in offshore business, understand international investment and asset protection strategies, and are experts in providing a seamless Panama immigration process.

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