Closer To Truth: Is Time Travel Possible? | Travel

There is an ongoing PBS TV series (also several books and also a website) called “Closer To Truth”. It is hosted by neuroscientist Robert Lawrence Kuhn. He’s featured in one-on-one interviews and panel discussions with the cream of the cream of today’s cosmologists, physicists, philosophers, theologians, psychologists, etc. on all of the Big Questions surrounding a trilogy of broad topics – Cosmos; Consciousness; God. The trilogy collectively dealt with reality, space and time, mind and consciousness, aliens, theology and on and on and on. Here are a few of my comments on one of the general topics covered – Is time travel possible?# Is time travel possible? Actually I personally don’t believe time exists. Change exists, and time is just our measurement of rate of change. IMHO time is just a concept. Time is a mental construct that helps us come to terms with change. Some cosmologists say that time was created at the Big Bang, as if time were a thing with substance and structure, but I challenge them to actually create some time in front of their peers or maybe a TV audience or at least produce a theoretical equation or two that would create time. In the meantime, here’s a trilogy of points.First, the concept of time travel is one of those fun parts of physics. Whether true or not, it is entertaining to play the ‘what if’ game. If nothing else, the concept makes or forces one to think about the nature of reality.Secondly, Einstein and others have postulated that time travel is a theoretical reality and I’m not in their sort of league that I can dispute the theories. I’ll leave that to others who know the field inside and out.But thirdly, and most importantly, you can never actually be in the future or the past, only in the future or the past compared to where and when you are now. In other words, no matter how you slice and dice things, you exist in the where-ever and in the whenever in that where-ever’s or whenever’s NOW or in other words in the present. You cannot literally be in any future or in any past since you only experience the NOW which is the present. If you should somehow travel back one hour, you would still experience things as belonging to NOW. If you sleep for one hour then wake up, you are in the future relative to when you went to sleep, but you still find yourself in the NOW.# Is time travel possible? The answer is both yes and no. Yes, we can travel into the future at one second per second, we do that anyway whether we like it or not. Yes we can travel into the future at a slightly quicker rate by going to sleep or otherwise having our sense of consciousness, our awareness of rate of change (which is what time really is or measures) incapacitated. You get drunk and pass out and the next thing you know you are 12 hours into the future. Yes we can travel into the future as outlined by Einstein’s twin ‘paradox’ where one twin travels at a very high rate of speed outward bound, stops and returns to home base, while the stay at home twin, well, stays home. Upon their reunion the travelling twin finds their stay at home twin to be far older, so the travelling twin has travelled into the future more rapidly than would otherwise have been the case. Yes, you can travel back in time, in theory, according to the apparent theoretical properties that wormholes or black holes can have. No, you can’t travel to the past because of all of those nasty paradoxes. I like the variation on the grandfather paradox whereby you travel back just one hour into the past and shoot yourself dead. That’s a novel way of committing suicide! The other paradox I like is when you go back in time to have Shakespeare autograph your copy of “Hamlet”. Shakespeare isn’t home but the maid promises to have him autograph your book when he returns. Alas, your timing is slightly off and Shakespeare hasn’t yet written “Hamlet”, so when he receives your copy from his maid to autograph, he reads it, and after you return to Shakespeare’s home and receive back your now autographed copy and return home to your own time, Shakespeare now writes “Hamlet”. The paradox is, where did “Hamlet” come from since Shakespeare only wrote it after he had already seen your copy. No, you can’t travel back to the past because if that were possible there would be hoards of time-travelling tourists who went back in time to witness some important historical event or other. No hoards of photo-snapping tourists have ever been documented being present at Custer’s Last Stand, the Battle of the Alamo, the sinking of RMS Titanic, or any one of thousands of similar historical events. Yes, you can travel back in time but only into a parallel universe. If you shoot yourself but it is another you in another universe, no paradox arises. You travel back in time to have Shakespeare autograph your copy of “Hamlet” but in that parallel universe Shakespeare can now write “Hamlet” based on your copy and no paradox results. However, the one point I find interesting is that if you end up in the future, or in the past, are you really in the future or the past? No, the only time you can exist in is the present, your right here and NOW time. It might be a different time from what you previously knew, but still wherever and whenever you exist, you only exist in the NOW.# Is time travel possible? It could already be the case that time travel has been documented at the quantum level although that could be open to interpretation. Before I get to the specifics, I just need to point out that with respect to the laws, principles and relationships of physics, time is invariant. Operations in physics remain invariant in time whether time is moving as we normally perceive it (past to future) or back to front (future to past). For example, gravity would operate as per its normal grab-ity self in a world where time flowed backwards. There’s many an operation one could film that when the film were run backwards, one wouldn’t be any the wiser. Tree branches blowing in the wind comes to mind, or the coming together, collision, and rebounding or separation of two billiard balls. Okay, having established that when it comes to physics, physics doesn’t care which direction time is flowing, there will be no violations in those laws, principles and relationships of physics future to past, we now come to the delayed double slit experiment.In the normal double slit experiment, you have an electron gun that fires one electron particle at a time, such that one electron completes its journey before the next one is fired, at two side-by-side slits. If one or the other slit is open, the one-at-a-time electrons pass through the open slit to a detector screen behind the slits. The detector screen gets hit in nearly the same spot every time after each and every electron particle passes through the single open slit. That is straight forward. If both slits are open, the electron shape-shifts into a wave (how I don’t know), passes through both slits (as only a wave can), morphs back into a particle and hits the detector screen. The difference is that after enough electrons have been fired, and have passed or waved through the double slits, the hits on the detector screen are not in just one or two spots but all-over-the-map, albeit all-over-the-map in a classic wave interference pattern. Okay, that’s the classic experiment.Now we do a variation on the theme, the delayed double slit experiment. Electrons are fired one-at-a-time, with both slits wide open. An all-over-the-map classic wave interference pattern should appear on the normal detector screen after enough electrons have been fired. However, in addition to the normal detection screen, there are two other detectors positioned behind the normal detector screen that are each in an exact line-of-sight with each of the two slits. The electron is fired. It morphs into a wave and passes through both slits then morphs back into a particle. But before the electron, which has already passed through both slits, can hit the detector screen, the detector screen is removed to reveal behind it the other two line-of-sight detectors. Now presumably once the electron has passed though the double slits it’s too little too late to change its mind about where it’s going to hit. Only a tiny few should be detected by the two line-of-sight detectors aligned with the two slits. Alas, each and every electron will be detected by one or the other of the line-of-sight detectors. It would appear that the electron CAN change its mind after it has already gone through both slits and instead appear to have gone through one or the other of the two slits. One interpretation is that the electron, after having passed through both slits, realised the gig was up, travelled back in time, retraced its path and passed through one or the other slit.As an aside, the late Nobel Laureate Richard Feynman noted that the double slit experiment went to the heart of quantum weirdness. I mention this because it was the same Richard Feynman who suggested that a positron (an anti-electron) was just an ordinary electron that was going backwards in time.# Is time travel possible? I have several other points to make about the concept of time travel.Firstly, there is Stephen Hawking’s idea of a Chronology Protection Conjecture which postulates that there is some as yet undiscovered law of physics which prevents time travel to the past and thus makes the cosmos a safe place for historians to strut their stuff.Secondly, it has been said that you cannot travel farther back in time than the date your time travel ‘device’ was constructed, be it a wormhole or some other gizmo. So if some genius builds a time travelling ‘device’ in 2014, he’s not going anywhere into the past. But in 2015 he can travel back to 2014 and in 2114 he could travel back to any time between 2114 and 2014. The analogy is that you cannot travel through a tunnel prior to when that tunnel was built. Thus, we don’t see human time travelers because no human time travelling ‘device’ has yet been constructed. The flaw there is that doesn’t prohibit ET from visiting who might have constructed a time travelling ‘device’ millions of years ago. Recall those pesky UFOs though they don’t seem to cluster around significant terrestrial historical events so maybe ET doesn’t care about our history and are just here on vacation from their future.Thirdly, presumably your time travelling ‘device’ is fixed at some sort of celestial coordinates. Because everything in the cosmos is in motion, when you re-emerge into that cosmos after starting on a time travelling journey, while you may be at those same fixed celestial coordinates the rest of the cosmos would have moved to differing celestial coordinates. So, if you start out in London you won’t end up in London on down, or up, the time travelling track. Finally, the concept of your, or the future or of the past or your past is only relative to what you choose as some fixed point. If you pick your date of birth as that fixed point, then clearly you are now in the future relative to your date of birth. If you pick the concept of an ever ongoing NOW, the present, as a fixed point, you are neither in the future or the past relative to the NOW nor will you ever be. That of course doesn’t mean you can’t recall your past, what existed before your NOW (although the past in general is more abstract) or plan for your future after your NOW (although the future in general is beyond your control).# Is time travel possible? There’s yet another form of time travel, or at least the illusion of time travel, and that’s via the cinema. Films and TV shows involving time travel are many and often legendary. But that’s not quite the medium I wish to explore here. One can program time travel into a computer simulation. You can have a video game where the characters travel backwards (or forwards) in time, or have a software program that loops around back to the beginning. Now the question is, might we be characters or virtual beings in a Simulated (Virtual Reality) Universe? If so, the software programs that run our virtual show might allow for time travel, or virtual time travel, yet still time travel that would appear to us to be quite real. Now where does our sense of deja vu really come from?# Is time travel possible? There is one other form of pseudo ‘time travel’ towards the future that can be debunked. Presumably the only way you can know what the future brings, without benefit of any theoretical ‘device’ that can propel you there at a greater rate of knots than at one second per second, is to stay alive. Once you kick-the-bucket that’s it. Your second per second journey towards the future is over. It’s a pity that that worthless stock you hold just happens to sky-rocket to fantastic values within a week of your demise, or maybe you’d really like to know if ET exists but the discovery happens a few days too late as far as you are concerned. Of course some might claim an afterlife will enable you to keep up to date with future happenings from that heavenly vantage point high up in the sky, but apart from that, there are those who claim to have led past lives or existed in past incarnations. Thus, you can still continue your journey to discover what the future holds by passing on to another body via being conceived again (and again and again). There’s one huge problem however with ‘remembering’ alleged past lives. Your mother’s egg cell cannot remember your past lives. Your father’s sperm cell cannot have any recollection of your past lives. Therefore, the you that comes to pass at conception cannot hold any memory of past lives. So, where did your memory of past lives come from? Might I suggest that it was internally generated out of wishful thinking, that perhaps a belief that you existed in the past will give rise to a belief that you will exist again in the future, and as a pseudo form of afterlife and as a pseudo form of ‘time travel’ that gives you comfort. Anyway, that concept is a really far out methodology of ‘time travel’ but one which can be dismissed despite the many people who seemingly believe that they indeed have ‘time travelled’ towards their endless future via this method.
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Report: The Real Estate Market In Panama | Real Estate

Most likely, you have heard of the recent real estate BOOM currently occurring in Panama. Perhaps, there are several internet sites you have read or visited searching for further information on the topic. Or maybe you are one of those persons that have taken the decision already of buying an apartment or a beach house, but you don’t know where to start or wish to start your own real estate project in Panama, yet still need more information. Well, I have prepared this article in a practical and simple way in order to guide you in our real estate market. You will find this paper helpful, whether it’ll be for the direct buying of a property or to start your own real estate project in Panama or simply to have a more complete notion of this rising real estate BOOM. What is happening in the Panamanian Real Estate market?What is going on in Panama is without any sort of precedent. The market is growing rapidly and such real estate development has never been experienced before in our country. Monthly, we are visited for hundreds of foreigners interested in buying real estates in Panama, in the City, the coasts and the mountains. The constant rising of the value per square meter is almost in a monthly rate. For example: in January, 2006 it was possible to find apartments in Panama City for around US$ 1,000.00 per square meter, which is nearly impossible nowadays (US$ 1,200 – US$1,400 and rising). This has generated the value per square meter to triplicate in the city and even to quadruplicate in the rest of the country. The main real estate broker associations have foreseen that the general value of the land in Panama could rise up to 30% to 40% in the next three years, due to this price increasing flow.Extreme luxury towers of over 100 stories, residential houses of over a million dollars, yachts and marine clubs, huge luxury hotels, golf camps designed by well-known international specialists, as well as top of the line malls, are currently under construction or in process of delivering in the next couple of years; renovating the face of the city into an international and cosmopolitan metropolis. Promoters, private investors and international real estate companies, from United States, South America and even Europe, have started the construction of real estate projects of great impact. Also, a great number of international real estate broker companies are currently setting up businesses in our country per month. Specifically we could say that seven of the highest towers under construction in Latin America are being built in Panama City, within the areas known as “Avenida Balboa” (this area is projected as the skyscraper in front of the sea in the city). We could mention, among others: Aqualina, Aquamare, Vitri, Ocean Two and One, Los Faros de Panama and Ice Tower, ready to be delivered for the year 2009; besides the hundreds of apartment towers bring developed around the city. Great beach lot projects, island resorts, as much as in the Caribbean Sea (Bocas del Toro) as in the Pacific Ocean (Pearl Islands); as well as delightful retirement mountains (Boquete, Altos del Maria) are part of the avalanche of real estate projects that seems just to be starting. Which are the real factors that caused this real estate boost?We all know that after the hostilities occurred in Panama in 1989, the Panamanian real estate market remained hesitant and the small amount of inversions in this sector were led in its majority into commercial projects. Eleven years had to run by after this event (year 2000) for the leaders in the tourist sector of the Panamanian government (led by the well-known Panamanian singer Ruben Blades) to take action initiating a serious campaign for the enhancement of the country’s image. Panama was shown as “the path less traveled”, stressing not only in the advantages of being and international banking services and offshore center, but also in the social, tourist, ecological and geographic elements that until then were unknown to the rest of the world. This successful campaign was promoted worldwide in the main international television chains, in Europe as well as in the United States. Added to this, something that has to be acknowledged, for the year 2003 Panama comes back to the international field with the announcement that a young Panamanian lady (Justin Pasek) won the Miss Universe contest, situation that allowed by extension the range of advantages of our country as a tourist and commercial destiny. Between the years 2003 and 2005, little by little the number of visitors increased as a consequence of these two important catalysts.Meanwhile, small groups of professionals (lawyers, brokers, and independent professionals) were offering seminars about the Panama’s advantages or organized small real estate tours to foreigners. Several articles published in international retirement magazines (generation known as “Baby Boomers”) and second residences abroad, started to acknowledged Panama as one of the best countries in the world to live at high standard levels, but with low costs; all of this caused due to excellent projects addressed to this market, as “El Valle Escondido” in Boquete – Chiriqui or “Altos del Maria” in Panama. One of the main triggering factors of this real estate boost in Panama occurred last April 24th, 2006, when Donald Trump announced in New York City the construction in “Punta Pacifica” area in Panama City of a 65-story tower branded as “Trump Ocean Club International Hotel”, with a cost of 220 million dollars. Further more, on October of the same year, the national acceptance for the enlargement of the Panama Canal was given, initiating construction works in the year 2009. Starting from this point, there is no doubt that Panama would become the centre and role model of real estate investments in the area, situation that has been increasing exponentially. Which are then Panama’s advantages as a real estate destiny?Well, let’s get into the subject. Let’s study those advantages that Panama offers and that will allow you, effectively, to take the decision to buy a property in our country, as many foreigners have done. From the real estate point of view, we could mention:-*- Panama offers the best banking center in the region, with the use of the American dollar as legal currency and with top of the line banks (HSBC, CITIBANK, BBVA, etc.) which will facilitate the process of obtaining mortgages for foreigners, offering a fast international bank transaction process for deposits and reservation of properties.-*- Panamanian immigration law has one of the best retirement programs in the world, which will allow you to become a “resident” in less than two months. This program offers several incentives as the possibility to import goods and personal values into your new properties free of import duties, as well as motor vehicles also free of import duties.-*- An outstanding service, utilities and infrastructure system for properties, such as: high speed Internet (there are five of the main Internet interconnection Networks crossing through Panama), Cable and Satellite TV, public potable water, wide range of telephony offer, fixed and cellular.-*- The opportunity to buy extreme luxury apartments with ample spaces to a price amazingly low compare with apartments of the same quality in USA and Europe.-*- The opportunity to acquire properties exempt to the 0% of property taxes for a period of 5, 10, 15 and even 20 years (depending on the date of construction’s commencement).-*- A vast variety of companies and bilingual professionals involved in the real estate market.-*- If you are a businessman, Panamanian law has fiscal benefits to constructors and promoters that start real estate projects in the country.Additionally, there are other advantages to take into consideration that even when you are not directly involved in the real estate business, they can become helpful at the moment of taking the decision of buying a property:-*- Panama has been acknowledge for companies as Pinkerton Intelligence Agency as a high standard security country in contrast with the current situation in neighboring countries.-*- You can hire house keeping services for a low cost (around US$ 150.00 per month)-*- Up-to-date high standard technology available.
-*- The opportunity to acquire products from all over the world in the Colon Free Zone, due to the noticeable position of the Panama Canal and the transit of over 14,000 ships per year.-*- The conditions of Panamanian taxation law allow the tax payer not to pay taxes on bank interests or even income taxes when the service and/or business are performed abroad.-*- An exceptional geographic position to perform international commercial transactions, with fast access to the Pacific Ocean as well as to the Atlantic.-*- Panama has a low-risk profile in regards to natural disasters, such as earthquakes and hurricanes.These are some of the many advantages that Panama can offer if you decide to acquire a property in our country, whether it is to invest or simply to relocate and enjoy life. Which are the most attractive places to buy properties?To better answer this question, we have to divide our answer in four groups: Panama City, the mountains, the Pacific shore and the Atlantic shore. Panama CityThe main seaside view luxury condos are found in Panama City, distributed as follows: Balboa Avenue, Punta Pacifica and Costa del Este. The region known as “Avenida Balboa” has become the icon of real estate development in Panama. The reason for this is due to the current construction of luxury residential apartment towers with an outstanding architecture with a height of over 100 stories, to be concluded in the year 2009. Balboa Avenue offers quick access to the whole city, the banking area, as well as to the main avenues, given that it is the coast boulevard. One hundred meters away from this area you will find restaurants, bars, hotels and several facilities. European promoters, American and South Americans have foreseen the real estate potential in this area, equivalent to condos phenomenon occurred in Miami during the eighties. “Punta Pacifica” area was developed over the old City airport (for the reason that it was next to the pacific coast and inside the city). This region was designed specially to provide an answer to the upcoming real estate demand. The area offers beautiful projects and high standard apartment towers. You will also find in “Punta Pacifica” malls (Multiplaza Pacific), Hospitals (John Hopkins Hospital), corporate buildings and access to highways (Corredor Sur) which will grant you fast access to the international airport in 15 minutes. Is also in this sector where the Trump Organization and K Group will raise their promoted real estate project. Another of the desired areas for foreigners is Costa del Este.The “other city” as is referred to was also conceived and designed for the development of apartment buildings and closed residential communities. It is the perfect place for a foreigner to completely relocate in Panama. This region has it all schools, malls, wide avenues; this sector offers several real estates with a gorgeous view to the sea or to the city, located five minutes away from the city and only ten from the international airport. It also important to stress out that this luxury tower’s development is not circumscribed to these few areas. There are also urban projects in the region of Punta Paitilla, Coco del Mar and San Francisco (all of them in front of the sea), as well as beautiful developed residential areas in the surroundings of the Panama Canal, such as Albrook, Clayton and Quarry Heights. The MountainsGorgeous mountain projects with cool, fresh weather from 18Cº to 20Cº (64ºF to 68ºF) have been developed in the provinces of Panama, Cocle and Chiriqui. In the province of Panama, the most representative mountain project is found in the region of Sora, 75 minutes away from the City and known as “Altos del Maria”. This project consists of a well-organized foreigner’s community with utilities and spectacular landscapes. Another region of urban development can be found in what is known as “Tierras Altas” (High Lands) located in the province of Chiriqui (Volcan, Boquete and Cerro Punta). Among these places, Boquete has become one of the most relevant real estate centres in the whole country, given that it counts with a wide supply of real estate projects, residential houses in the mountains with amazing landscapes. Boquete has been recognized by specialist in the subject as one of the best places for retirement in the world, fact that has generated in this region the highest concentration of retired foreigners in the country. Finally, in the province of Cocle, you will find the region known as “El Valle”. Located in an extinguished volcano, El Valle offers the perfect weather, rivers, waterfalls and tourist attractions. El Valle is at present taking measures to become one of the most wanted regions in the field of mountain real estate properties, owing to its facilities and infrastructure, as well as to its proximity to Panama City (1hr. 45 mins.) The Pacific ShoreThe supply of lots in front of the sea starts in the pacific coast line of the Province of Panama, and it goes all the way until the mid-country provinces. Most Panamanian high-class families have their beach houses on this sector; due to its proximity to the City (45 minutes). This coast line offers residential areas such as Came, Coronado, Punta Barco, San Carlos, Gorgona, among others. Within these beach residential areas we have to remark the region known as “Coronado”, region which counts with one of the best professional Golf camps in Latin America, pools, beach clubs, equestrian clubs, several restaurants and great supply of houses and apartment buildings in front of the sea. Additionally, further on in the pacific coast line, we can find the region of Playa Blanca. Since the development of the macro hotel project known as “Royal Decameron” in the area, the infrastructure and general surroundings have grow significantly. In Playa Blanca, you will be able to find casinos, swimming pools, restaurants, bars and discotheques, beach clubs and a great variety of real estate projects just right next to the beach. Finally, we should also mention the recent development experienced in the seaside areas the provinces of Los Santos (Pedasi) and Veraguas, such as Playa Arenal, Punta Mala and Playa Venao, among others; which have become the new destiny for many foreigners (mostly Europeans) that are searching for great extensions of lands in front of the sea. The Caribbean ShoreIn this area, we can find a similar supply of real estate properties to the one found in the pacific coastline of the mid-country provinces. There are several properties in front of the sea, as well as vast extensions of hectares next to the beach. This region is located two hours away from Panama City and it offers the option to buy in the well-known Colon Free Zone. On the west side of the country, you will find in the Caribbean coastline, the spectacular region of Bocas del Toro, where properties next of the sea or in the middle of an island are simply astounding. A great variety of international real estate companies have started projects in the crystal clear waters of Bocas del Toro. Bocas is one of the most known tourist destinies in Panama, located only 1hr and 45 minutes away by plane. It offers an amazing night life, restaurant, hotels and tours around the different islands of the area. Bocas del Toro coastline has become the most wanted real estate choice for retired or pensioned foreigners in the Caribbean. Among the best areas of Bocas del Toro you can find Isla Colon, Boca del Drago, Red Frog Beach and Playa Larga. The residential project known as Red Frog is of renowned reputation in the international spheres, given that it offers an incredible exclusively designed development for foreigners in one of the most beautiful islands in Bocas del Toro, Bastimento’s Island. The project has marine clubs, restaurants, houses and a dazzling infrastructure. IslandsThe most notorious group of islands is found in Bocas del Toro, given that, as we already mentioned it offers a wide variety of real estate projects in the Caribbean, scenario of several TV series broadcasted around the world. The most important islands of the archipelago are: Isla Colon, Isla Bastimentos, Isla Solarte, Isla Cristobal, Isla Popa and Isla Zapatilla. Likewise, we can found several small independent islands for private projects. Bocas’ islands counts with an astonishing ecosystem for scuba diving, marine activities and bird watching. Another group of islands that is raising popularity is the real estate market found in the archipelago of Mosquito’s Gulf, in front of the pacific coastline of the province of Chiriqui. This Gulf has been granted by the Panamanian government the title of Ecological Reserve, as a consequence of the great diversity of marine fauna found in the area. Most of the islands have registered real estate titles, which allow its prompt buying. The surroundings of these islands are famous for being one of the best places in the world for Black Marlin fishing. The Pearl Islands are located within the Gulf of Panama, three hours away from the city in the open sea, offering a group of more than 35 beautiful islands with spectacular landscapes, surrounded by coral reefs and vast vegetation. The beauty of this area attracted the production team of the popular reality show “Survivor”, who has filmed several times in this region. Finally, you will find the island of “Coiba” in the Pacific Ocean, formerly a prison already abolished and currently a National Park. The main island and its small islands such as Isla Iguana have become in top destinies for scuba diving and water sports. What should I and should not do when buying a property in Panama?As a final tip, we will recommend you some practical advises in case you decide to buy a property in Panama: Recommendation # 1 : You can visit the projects on your own, but it is advisable to be assisted by a professional who could properly introduce you to the promoters, avoiding the pointless increase on the price. Recommendation # 2 : If you are not fluent in Spanish, you should ask the promoter to get you the contract both, in Spanish and in your native language, for all legal transactions to be performed. Recommendation # 3 : Once you reserve your property, immediately ask for a receipt and the signature of the Promissory Purchase-Sale agreement. Recommendation # 4 : Once you have signed this agreement, double-check the deadlines for the subsequent down payments of your property. If you miss one of these, you are exposed to lose the money already paid to the promoter. Recommendation # 5: Try to take a quick decision on acquiring the property; given that once you reserve it, the price is then frozen. Due to the current demand in the market, prices on apartments rise at a monthly rate. Recommendation # 6: Once you reserve your property, look for the professional advice of lawyers or real estate brokers, in order to verify all documentation and contracts are due to the procedure of registration. Recommendation # 7: Think about the possibility of acquiring your property through a Panamanian corporation. They are of fast incorporation, considerably cheap and easy to manage. Using a corporation to acquire a property in Panama will ease a future transfer of it, if that’s the case.If you need any other assistance in acquiring a property in Panama, please do not hesitate to contact us.
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