Panama Offshore Legal Services Blog

A New Beach in Panama City? It’s a possibility!

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Have you ever driven down Avenida Balboa, or walked the beautiful tree-lined Cinta Costera, looked at the Panama Bay and wondered: what would a beach look like here in the city? If you have, it’s probably for good reasons. Once upon a time, for most of Panama City’s modern existence in fact, the curved banks of the Panama Bay was home to a vibrant, swimmable beachfront. For a large part of the 20th century, locals and visitors bathed, played, and took in sun along the Panama Bay, stretching from Paitilla all the way to the Casco peninsula.
As development grew during the latter third of the century, this just wasn’t logistically feasible to match the infrastructure growth and traffic, so the beach was removed. At the time, this was a decision that followed a larger trend of making urban cores more vehicle-friendly. It worked, and much like other cities, Panama expanded with density. These days, however, there’s a new “wave” of enthusiasm to bring the beach back. Will it be feasible? It’s possible!
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Driving in Panama? Here’s what you need to know first.

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If you’re planning on relocating or retiring in Panama, chances are, you’ve considered whether or not to drive a car there. Driving in Panama, like anywhere, has its ups and downs, and buying or using a car in Panama depends on many factors. Before you make the decision to drive in Panama, we highly recommend you do some due diligence first. Panama has one of the largest amounts of cars on the road, per population, of any country in the hemisphere. There are also numerous laws, licenses, and regulations involved in driving in Panama, so weighing out whether is worth it is critical to your plan to relocate here. In order to keep you informed, here are the basics on what you should know.
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The Future Looks Bright: Panama’s long-term plan for improvement

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No one can predict everything about the future with absolute certainty. But you can see a lot more than you think if you measure progress and gauge the probability of future plans. This is the case, at least, in Panama, where the country’s future growth is dependent on measurable improvements set to propel the country further into the spotlight. Panama is a country on the move, but it’s no accident.

In anticipation of growing even bigger, both economically and by population, Panama is busy making tangible changes to prepare for the future. They are betting big on growth, and improvement, and they have the data to back them up with their lofty goals. Here are four of the big positive changes Panama has slated for the next few years:
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Panama’s Western Expansion: the role of development in the outskirts of the capital

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The geography behind Panama’s economic development, and their history, is a subtle, yet obvious marker for residents of the capital and its surroundings. Panama City is an ever-expanding metroplex where property values, logistics, and general investment rely heavily on location. This has created a boom for some areas, and a drought for others. Luckily, however, this is all changing, as certain growth areas in Panama City are oversaturated, creating ample opportunities to invest in other locations, and for a fraction of the cost. One of the biggest areas that is filling this need is Panama Oeste (West Panama). Panama Oeste is not, in fact, western Panama, but is rather the western suburbs of Panama City, and is its own province.
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