Obtain a Preferential Mortgage Rate on Your Panama Property Purchase
Date: 06/18/2007For years, Panamanians (and a few savvy expats) have taken advantage of the Ley de Interés Preferencial, or “Preferential Interest Law,” to obtain exceedingly low interest rates on mortgages of under $62,500.
Read OnVisitors to Panama Think Bikini...Not Briefcase
Date: 06/14/2007Although statistics from Panama’s Tocumen International Airport traditionally showed business as the number one reason foreigners travel here, 2006 reports indicate that tourism grew some 16% over the previous year.
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Three New Options in One for Care-free Living in Boquete
Date: 06/13/2007Nuare Boquete is an exclusive community along the Los Playones Creek and the Rio Caldera Canyon outside Boquete town. All utility infrastructure is underground, and includes high-speed Internet services.
Read OnWarning…Your Next Visit to Panama May Be A Real Shot in the Arm
Date: 06/11/2007The U.S. Center for Disease Control (CDC) recommends a yellow fever vaccine for anyone traveling to rural areas in Panama…but local officials say the vaccine is about to become a requirement.
Read OnCaught on Tape…Panama's New Security Measures
Date: 06/10/2007Panama President Martin Torrijos recently inaugurated a “video vigilance” program aimed at making Panama City safer.
Read OnQuadrat - The Best Value Right Now In Panama City
Date: 06/10/2007Quadrat will be a modern, 30-story residential tower that features all the luxury lifestyle amenities. It’s directly across from Parque Omar, one of Panama City’s largest recreational green spaces.
Read OnAlternative Visas for Long-term Stays
Date: 05/31/2007
June 1, 2007
Panama City, Panama
As we reported earlier this week, Panama has made a major change to its immigration policy. The tourist visa, which used to allow for a 90-day stay (with options to extend), will now allow just a 30-day stay. Local officials say that there will be an option to extend, but that this will be limited to one 30-day extension, for a total maximum stay of 60 days. After that, anyone on a tourist visa will have to exit the country. Whether tourists will be able to apply for an extension each time they visit remains to be clarified.
Read OnChange to Immigration Law: You May Now Stay for Only 30 Days
Date: 05/29/2007
May 30, 2007
Panama City, Panama
Visitors to Panama will no longer be granted a 90-day stay with a tourist visa. Previously, Panama immigration law allowed for a 90-day extendable stay. Now, anyone entering the country on a tourist visa will be granted just 30 days—extendable only once for a total maximum stay of 60 days.
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