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From Newsroom Panama this morning (May 26) Two new convention centers on stream Posted on May 25, 2016 in Panama PANAMA’S ability to attract conferences will get a shot in the arm from the redesigning of the stalled Convention Center in Amador and plans for a center in Boquete The Panama Tourism Authority has announced that it has redesigned the Amador project, which has been suspended for a year after the original construction company ran out of money. Authority Manager Gustavo Him said that the building will be used for conventions and “not social events,” which he said will generate more revenue. He explained that the new design includes more parking, more flor space and new entries. It will cost $193.7 million and be ready in mid-2018. He also announced plans to build a convention center in Boquete. The consortium CCA-COCIGE, which consists of CCA Building Panama, S.A., China State Construction Engineering Corporation Ltd. and Construcciones Civiles Generales, S.A., is now in charge of the project. This controversial project was awarded to the consortium HPC-Contrata-P&V. But in December 2014 it informed the authorities that it did not have the liquidity to finish it. The transfer to the new entity was approved in January.

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Overview Enjoy our cool/spacious 3 Bedroom, 2.5 Bathroom., Family Home with great views of Vulcan Baru/open concept living./dining./sitting room combo/overlooking small man-made pond & backyard. Kitchen with eat in counter, laundry rm. outdoor patio. Parking-WiFi,TV,AC, 10 mins-shopping. Minimum, monthly rental at a rate of $1475.00 per month including electricity, water, garbage pickup, and Internet. The space We love the open concept entrance which immediately provides a view through the large sliding double doors of the living room into the backyard, the green space and the man-made pond. Guest access Access to Three (3) bedrooms of four (4), 2.5 full washrooms /laundry room, rear porch/ covered side porch with seating and hammock/backyard Interaction with guests We will be out of the country but will collaborate/consult with guests on a weekly basis to enquire about their comfort & satisfaction. Other things to note The community houses a small hotel, spa, gym and civic centre. However, services there are unavailable to our guests unless with special dispensation upon request (14 days in advance) 2.webp 4.webp 5.webp 6.webp 7.webp 9.webp 10.webp

The death of a loved one takes many people by surprise. Besides the emotional burden and grief, one suddenly has to deal with legal, financial and administrative procedures, especially if the deceased did not have his/her assets organized. Everyday life can very quickly confront us with situations in which it is absolutely necessary to consult a legal expert. Knowledge edge in legal matters helps you to make an informed decision and protect not only your investment and assets, but also your family, heirs and loved ones. Two case studies from our legal practice regarding inheritance law in Panama. Let's make an analysis of two "figurative" case studies with their respective pseudonyms: Due to unpredictable circumstances, Michael Bauer arrives at the hospital in critical condition. He and his wife Carola moved from Canada to Chiriqui over three years ago. While the doctors try to establish his health status, Michael asks his lawyer to prepare the necessary documents to leave "everything in order”, and transfer his share of the family home located in an exclusive residential area in Boquete to his wife. I have a will, why do I need a foundation? Michael never wanted to create a foundation to protect his family's assets because he felt it was "too expensive" and an "unnecessary" expense. Unfortunately, Michael passes away before he could sign the legal papers. He leaves a vehicle (worth $10,000), his share of the house (worth $300,000 in total) in Boquete and a savings account at a local bank. There is a formal will signed before a Notary Public in Panama, declaring his wife Carola as the sole heir. She feels alone in Panama and wants to sell everything fast in order to return to Canada. However, two long years go by before she is able to transfer the title of the car and her deceased husband’s share of the house in Boquete to her name, and finally put the property and vehicle up for sale. But what happened? And, how could they have avoided this situation? Inheritance Law in Panama and its pitfalls The delay in the inheritance procedure is due to the legal basis in Panama. If the deceased had assets within Panama, in his own personal name, regardless of whether or not he has a will, a probate proceeding must be completed. In order to do so, it is necessary to hire a lawyer and to file a probate lawsuit (tested if there is a will, or intestate if there is no will, which in practice is almost the same procedure) before a judge in Panama. Courts and Judges Your file must go through different stages and hands in the court and once all the formalities are completed the judge will make a decision and assign the final beneficiary(ies). Legal procedures in Panamanian courts take their time, and even under the best conditions, it will take at least two years until your heirs have the right to transfer your assets to their names, so that they can finally sell them. In the meantime, they will have to pay for expenses, lawyer's fees (15% of the total inherited assets according to the minimum lawyer's fee in Panama), among others. Being Prepared… On the other hand, our second “figurative” case study is the case of Max Mueller. He has been a part-time resident of Panama for five years. Max has been traveling back and forth between Panama and Germany, but now it is too exhausting, his health is not good. Mr. Mueller owns a piece of land in Las Lajas (with a value of 40,000US$) in the name of a foundation, and a personal savings account at a local bank. On his last trip, he spoke with the bank official and filled out a form to leave his son Robert as the final beneficiary of the account. His lawyer has an original copy of his foundation's by-laws that declare Robert as the secondary beneficiary and secondary protector of the foundation. A foundation does not die After Max passes away in Germany, his son Robert contacts his father's lawyer in Panama. He sends him his father's death certificate, duly apostilled, and a few weeks later he travels to Panama. Since the foundation (which is a legal entity) is the owner of the land in the Public Registry of Panama and the duration of the foundation is perpetual, no lawsuit, process or legal procedure has to be filed. Robert now, in his role as universal beneficiary and protector of the foundation, leaves a signed mandate for the sale of the land, and immediately hires the service of a local real estate broker to sell the property. Before returning to Germany, he goes to the local branch of his father’s bank, complies with the internal procedure and can access the funds in the account. Create your individual estate plan A Panamanian Private Interest Foundation (PIF) can ensure that after your death, your estate passes to your chosen beneficiaries without any stressful complications, delays, or litigation. For legal purposes, the assets of a PIF constitute a separate estate from the assets of its founder and the beneficiaries. Just as in a will, the foundation's private by-laws govern the conditions of the PIF. It can be established how the assets will be distributed, and who has control over the administration of the foundation's assets. It is not required that the Founder be a resident in Panama, and with the telematics, originated due to the Covid-19 pandemic, Panama made an effort so that lawyers can create corporations and FIPs without the need for their clients to appear before a Notary Public. The commercial registry of the legal entity is filed electronically, making the registration process more expeditious. Knowledge edge makes the difference Carola is hopeful that the title to the house in Boquete will be transferred to her name soon, so that the property can be put up for sale. She has already traveled many times to Panama and sometimes she feels tired and exhausted due to so much protocol, stress and expenses. Robert received a message from the broker a few weeks ago. There is an interested party who wants to buy the land in Las Lajas. The down payment has been already made and the deal will be closed this week. In a few more days he will receive the funds from the sale in his bank account in Germany.

Roommate wanted Large 3 Bedroom/3 Bath Furnished Condo in Valle Del Río - Bajo Boquete Available Now Month-to-Month Lease All Inclusive - $650 Master Bedroom w/Walk In Closet & Private Bath w/Double Vanity 24/7 Security Guard @ Gate Elevator Back up Generator/Water Tanks Washer/Dryer Big Screen TV w/Fire Stick Large Refrigerator, Full Stove, Microwave Living Room/Dining Area Balcony Beautifully maintained grounds w/Stream, Gazebo w/BBQ grill 7 Minute Walk to Town Call Rod for more information. WhatsApp: 507-6282-7016 Sent from my iPhone

Yesterday's hike was fun as, we hiked in an area, I have not hiked on for a year or more. Palmira Abajo the area, we hiked, has many wonderful country lanes one of the reasons why, I enjoy hiking this highland area in the Boquete District as there are so many trails to choose, from easy to difficult. For the Boquete Nature Hike group on "Easy Wednesday", I choose trails easy to maneuver on for a 2-3 hour morning nature walk. Nevertheless, I do insist that you must be in good health to join this group. Hope you join us one morning! Here are a few of my photos from yesterday's hike. Explore Dream Discover

This new Google Group is open for membership. Joining this group will give you the ability to post questions and give answers to questions, about living and visiting Boquete. This is a Chat Room where political or religious issues are NOT permitted, and members are asked to be courteous and not give opinions that cause consternation and cause rancor. These are the kinds of posts you can place on Boquete Talks: Real Estate for sale or rent, Events that will happen, Questions about where to find things or services, Answers to questions posed, Notices of businesses opening or closing, Restaurant reviews and opinions, Information about businesses, etc. We ask that you make sure that the information you post is accurate, and that you verify facts you post as facts, before you post. You can choose how you will receive posts; Individual Messages as they are posted, Daily Digest of all message posted in one email to you, etc. This type of group exists in other communities and provides a great service to share information that is of assistance to other members of the community. To join this group and begin posting and receiving posts, just click here: https://groups.io/g/BoqueteTalks Penny Ripple We ask that you make sure that the information you post is accurate, and that you verify facts you post as facts before you post. You can choose how you will receive posts; Daily Digest, Individual Messages, etc. This type of group exists in other communities and provides a great service to share information that is of assistance to other members of the community. To join this group and begin posting information, questions and answers, just click here: https://groups.io/g/BoqueteTalks Real estate for sale or rent Events that will happen Questions about where to find things or services Answers to questions posed Notices of businesses opening or closing Restaurant reviews and opinions Information about businesses We ask that you make sure that the information you post is accurate, and that you verify facts you post as facts before you post. You can choose how you will receive posts; Daily Digest, Individual Messages, etc. This type of group exists in other communities and provides a great service to share information that is of assistance to other members of the community. To join this group and begin posting information, questions and answers, just click here: https://groups.io/g/BoqueteTalks

The idea behind Boquete Veteran Outreach (BVO) is to facilitate - for any Boquete-area veteran and their significant other(s) - individualized resolution in their life, whether physically, emotionally, mentally, and/or spiritually. To achieve that goal, we strive to provide a safe place for all Boquete-area veterans to share anything discretely, confidentially, and with confidence. We hold that everyone is accountable for their own outcomes. We aim to provide - including but not limited to - · Crisis Line – 6609-3352 – currently operating during limited hours · Transportation sharing · Information sharing · Referrals to and/or Recommendations for Sources and Services · Peer-to-peer interaction · Social events BVO is 100% volunteer and non-profit. We are dedicated to the needs of veterans in the Boquete area. Comment, Suggest, or Questions at boqueteveteraninfo@gmail.com