Panama Guide - More Gringo Pricing (Part #2)

The 5-star Ceasar Park hotel fell victim to part #2 of our gringo pricing sting. It will cost you $86.00 more to stay there for two nights this weekend if you're an English speaking gringo tourist from the states. And no free breakfast buffet for you, gringo... Hands-up!....read more

Source: Panamaguide.com

The Panama Project - Blog

An open door. From classrooms, staffrooms, crowded bars and Asian beaches, we met strangers and reunited with old friends. This blog is an invitation to make paradise not a two week vacation spot but a home. A cloud forest retreat? Caribbean ocean front? Entrepreneurs, backpackers, yoga teachers, artists, musicians, the curious, healers, partiers or anyone getting out of the rat race can turn ordinary land into a profitable community. This is your site. Comment, correct us and share....check it out

Fully Furnished in the heart of the El Cangrejo

Visit our featured Panama City rental ..... click here

This fully furnished, one bedroom, one bath with AC in the heart of El Cangrejo will be available May 1st 2005. Water and Garbage paid. High speed internet, Cable and Prepaid phone are already installed and ready for instant use (these services can take up to a month to get installed in most cases). Quiet building with 24 hour guard, rooftop pool, recreation area, sauna and fitness room. Steps away from a dozen great restaurants, and close to major supermarket. Long term renters only. Furnished apartments with all of these features are nearly impossible to find, so grab this property today. Call (in Panama) 269-7242 (in US) 503-715-0041.

Vist www.panarent.com for more info.

Panama Guide - Official Site - S&P Upgrades Panama's Credit Rating

Say what you want about Panama's economy, but Standard & Poor upgraded the country's credit rating from 'negative' to 'stable' due largely to the adoption of the recent tax plan.


S&P Revises Panama’s Credit Rating To Stable, by Mike Godfrey, Tax-News.com, Washington 22 February 2005

Ratings agency Standard & Poor's announced on Friday that it has revised its outlook on Panama’s long-term sovereign credit rating to 'stable' from 'negative,' whilst also affirming its 'BB' long-term sovereign credit rating.

......read more

Source: Panama-guide.com

Panama luring more expats

"WHEN Larry and Honey Dodge of Jackson, Wyo., first visited this fledgling
eco-tourist destination two years ago, they were thinking about retiring
abroad and decided to take a vacation here to check it out. They had read
about Panama's diverse climate of tropical beaches and mountain cloud
forests, as well as its recent efforts to lure foreigners with residential visas for
anyone with just $500 a month in personal income and generous breaks on
property and income taxes.

Committed libertarians, Mrs. Dodge, 58, and Mr. Dodge, 63, both retired,
also liked the country's laissez-faire stance on private property rights and
entrepreneurship. Best of all, land prices as low as a few thousand dollars an
acre and building costs starting around $40 a square foot meant the two
could afford to sell their house, build a new one in Panama and still have
plenty of money left over to cover their living expenses."...... read more

Source: NYTimes.com

Panarent.com - More Properties coming soon!

Yes, we know, we know, the selection of available properties on panarent.com has been very small, to say the least. That's about to change soon, and we are getting ready to live up to our slogan "Where Panama Rents".

We are close to closing a deal that wil provide us with a large selection of properties to rent and buy as well as friendly, qualified realtors to help you out when it comes time to finalize the deal.

Cheers!

Team Panarent.com
info@panarent.com
www.panarent.com

Current Featured Rental

This fully furnished, one bedroom, one bath with AC in the heart of El Cangrejo will be available April 1st 2005. Water and Garbage paid. High speed internet, Cable and Prepaid phone are already installed and ready for instant use (these services can take up to a month to get installed in most cases). Quiet building with 24 hour guard, rooftop pool, recreation area, sauna and fitness room. Steps away from a dozen great restaurants, and close to major supermarket. Call (in Panama) 269-7242 (in US) 503-715-0041.

$600/month

click here for more details and photos

Retirees Find More for Less in Panama

BOQUETE, Panama — Golf course manager John Sutton had had enough of lawyers, telemarketers, several of his neighbors and the federal government. So the San Diegan and his wife took early retirement, sold everything they owned and moved to Panama.

The Suttons, who bought a house here last summer, exemplify a wave of American retirees who want to get away — far, far away — from it all. Each month, about 20 of them are turning up in this remote coffee-growing town nestled in the mountains of western Panama, buying houses and starting new lives. It's the latest hot spot in Central America, a region that over the last decade has attracted increasing numbers of U.S. retirees. ......read more

Source: Panama-guide.com