Panama real estate news, market trends, and useful guides
Jorge De Obaldía officially unveils Keller Williams Commercial, a division specialized in commercial, industrial, and investment real estate, backed by the number one real estate network worldwide.
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The Panama Tourism Authority reported a $123.5 million increase in tourism revenue during the first quarter of 2024 — 8.4% growth over 2023 — driven by leisure tourism and improved air connectivity.
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Panamanian banks are conservative and apply strict KYC procedures. This guide explains the documentation, minimum deposits, and timelines for opening personal and corporate accounts in Panama.
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With an estimated $1.3 billion investment, construction of the Fourth Bridge over the Panama Canal begins: a six-lane cable-stayed bridge expected to be completed in four and a half years.
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The new 30-kilometer Pan-American Highway in Boca Chica, a more than $23.8 million investment, improves tourist access and includes a public pier, bridges, electrification, and a new modular bridge in Barú.
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