Wednesday, January 16, 2008

San Blas is Calling!

After getting the book '1,000 Places to See Before you Die' for Christmas I realized I have been so close to one of those places but have never gotten around to visiting. I'm talking about the San Blas Islands in Panama.

Learn About PanamaThat's all about to change. On February 4 I'm off to San Blas! (Watch the blog for updates of my journey. I even plan on getting some video on here.)

This opportunity is just another one of the reasons I believe Panama is the Best Place to Live. It also makes Panama one of the Cheapest Places to Live - you might be thinking... what? Well, here I have the chance to visit one of the '1,000 Places to See Before You Die' and it's really going to cost me very little. For $60 I get picked up at Playon Chico and taken by canoe to the small island lodge; I am fed 3 meals a day; taken by a guide to deserted islands and other locations each day and stay in a fantastic cabana - check out the pics!

If you want to read about San Blas and why I'm so excited you can check out this recent article which appeared on the New York Times -

New York Times Explorer | San Blas Islands, Panama

Oh, and Watch the Blog for photo and video updates. I may even get around to figuring out how to do a PodCast!

Thursday, January 3, 2008

Panama Real Estate Property Tax Exemptions are Back

Great News from the Government of Panama! Just before Christmas the following article appeared in La Prensa -

La prensa – december 22, 2007

BRIEFS. Real estate

Property Tax exoneration extended

The Consejo de Gabinete has approved an extension of the 20-year property tax exemption for apartments and houses, according to minister of Housing Balbina Herrera.

The measure applies to projects whose building permits are issued before Dec. 31, 2009. Herrera explained that the measure extends the property tax exemption that expired in August.

Iván Carlucci, president of the Asociación de Corredores de Bienes Raíces (Acobir), said that "this change is healthy, and it is a sign that the sector will continue to grow dynamically."

Carlucci said that the waiver, which will benefit all types of buyers, gives Panama a competitive edge over other countries in marketing real estate projects.

Read more about the changes and Panama Real Estate Opportunities at the Learn About Panama Blog.