Taxes and other deductions required from employee paychecks. Like most countries, Panama requires foreigners employed by companies or households to have a work permit issued by the Ministry of Labor…
We’ve been talking about the Central American real estate market and the difficulties associated with determining the value of properties in emerging markets. In order to assist us with scouting and comparing properties throughout many regions and countries, we identified 5 Land Development Stages that all emerging markets go through.
Properties in Stage 2 of our development model still look fairly undesirable to your average end user. They’re often remote, with little or no infrastructure like roads or utilities. What they do have is potential, which is often recognized only by the most visionary and daring entrepreneurs.