Panama Reopens: Here’s How To Do It Right. : Weekly News Roundup, October 22nd, 2020

Oct 22, 2020 | Panama News

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

Enterprise Expands in Brazil, Panama and Aruba.

Enterprise Rent-A-Car has opened 25 new locations in Brazil as well as its first locations in Panama and Aruba. The new Brazil branches give Enterprise a total of 77 locations in the country, which Enterprise first entered in 2019.

The Panama branch is at Panama City’s Tocumen International Airport, which the company noted is a “key destination for many business travelers,” and the Aruba branch is at Oranjestad’s Queen Beatrix International Airport. Enterprise sister brands National and Alamo both already have locations in Panama and Aruba.

Source: Business Travel News

Panama Resumes International Flights Nearly Seven Months After Imposing COVID-19 Restrictions.

International flights are arriving and departing Panama’s Tocumen airport again after nearly seven months of restrictions due to the coronavirus pandemic.

Monday’s restart of flight operations is part of a gradual nationwide reopening of businesses and industry which began in June.

Initially, seven international airlines are expected to operate, with four others set to resume operations later this week.

Source: VOA News

Panama Reopens: Here’s How To Do It Right.

Panama reopened to international travel on October 12, after closing its borders in March due to the pandemic. President Cortizo Cohen called October 12 a day of hope for all Panamanians. Want to plan a Panama vacation?

Panama took its time to reopen, wanting to make sure Covid procedures were first well in place in order to protect both Panamanians and visitors. Panama’s tourism safety measures include the requirement for a negative PCR or antigen test taken no more than 48 hours before arrival. Rapid tests are also available on arrival at Panama’s main airport at a cost of $50 US.

Source: Forbes

 

Looking to invest in Panama? Check out these industries.

If you’re planning on relocating or retiring in Panama, chances are, you’ve considered whether or not to drive a car As the financial year nears its midway point, and you take a look at how your investments have been doing, it’s time to get your next moves in order.

If you’re looking to make a splash in international investing, investing in Panama would be a great start, too. That is, if you’re not investing here already. 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, into next year.

Source: POLS Blog

POLS Attorneys Staff Writer

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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