By Eric Sabo – Nov. 13 (Bloomberg) — Panama may sell as much as $500 million of bonds to finance construction of a subway and other infrastructure projects, Finance Minister Alberto Vallarino said. “We have enough money for the budget now,” Vallarino said in an interview today in Panama City. “But if the timing is [...]

PANAMA CITY — U.S. Rep. Allen Boyd has filed legislation that, if passed, would hinder the ability of the Food and Drug Administration to implement a recently floated ban on Oysters during summer months.“Through my seat on the House Appropriations Committee, I will be working at every juncture to get more answers and to block [...]

An investigation has been initiated into alleged irregularities in the Tax Credit Certificates program, which is supposed to help boost Panama’s exports.
A report from the Aquatic Resources Authority of Panama states that at least nine companies in the fishing industry may have fraudulently received benefits under the program. In the first half year, these companies [...]

The internal revenue department of the Ministry of Economy and Finance announced yesterday that they would postpone the deadline for the first phase of tax and moratorium payments until this Thursday, Oct. 1.
This process was originally scheduled to end today, however, was extended  for one additional day due to the national day of mourning declared [...]

By: Kenneth Weitzner for Eye On Gambling – Costa Rica May Introduce Bill to Tax Online Gambling This Week. According to the Tico Times and other sources, EOG has learned that the Finance Ministry is planning to introduce a bill that would tax online gambling entrepreneurs who reside in Costa Rica.
The bill is scheduled to [...]

Very powerful 4 minute video from the Cato Institute on the real facts about “tax havens” and truth behind the governments attack on them. President Martinelli, I hope your watching!

If you’re reading this blog, then one thing I can say about you is that Panama is reeling you in. Little by little, you’re becoming more and more interested in this Central American Paradise.
You may want to buy a second home, a retirement home, investment real estate or you may be tempted to relocate and [...]