Greetings from Panama! My name is Marina Ehrman and I have been a professional tour guide and promoter for Panama Tourism and Travel Company since 2005. I love what I do and am proud to share what my country has to offer. It is filled with endless leisure and commercial attractions, friendly happy people who open their doors to all visitors. Panama is a country of incomparable natural beauty with a variety of tourist attractions, beautiful beaches in the Pacific and Caribbean. The tropical climate year round with its diversified flora, fauna and indigenous groups make it one of the most important of Ecotourism in Latin America.
I invite you to know our country’s history, culture and also enjoy the cuisine, folklore and traditions that only a place in the world can provide………Panama!
Contact me and I’ll organize your visit and will be happy to welcome you in Panama. For more information on Panama, follow my Facebook page and my blog. Visit www.panamatourismtravel.com
SS Ancon was an American steamship that became the first ship to officially transit the Panama Canal in 1914. The steamer began life as the SS Shawmut, built for the Boston Steamship Line in 1902.About 1910 she was purchased by the Panama Railroad Company to provide shipping required for the construction of the Panama Canal. The name was changed to Ancon after Ancon Hill and Ancon township in Panama, home to the head of the Canal Commission.
Ancon and her sister ship Cristobal played a crucial role in building the canal, bringing workers and supplies, notably massive amounts of cement, from New York to Panama for the construction project.
On August 15, 1914 Ancon made the first official transit of the canal as part the canal's opening ceremonies. (Her sister ship Cristobal had made the first unofficial transit on August 3, delivering a load of cement, while an old French crane boat Alexandre La Valley had crossed the canal from the Atlantic in stages during construction, finally reaching the Pacific on January 7.)
The Panama Railroad Company replaced SS Ancon in 1938 with a second SS Ancon, a larger steam turbine cargo liner which later saw considerable action as US Navy Transport USS Ancon in World War II.
Officially ,the SS Ancon was the first vessel to transit the Panama Canal on August 15, 1914. However, the first transit completed through the Canal was done as part of a work routine on January 7, 1914, when the crane Alexander La Valley crossed the Pacific locks without any type of ceremony
On August 15, 1914 marked the start of a revolution in global trade and transportation. It was on that day that a cargo ship called the S.S. Ancon made the first passage through the Panama Canal
The 290 HP locomotives are used to keep ships in the proper relation to the locks structures. They are essential for a safe and expeditious transit, and run on tow tracks along the lock walls from one end to the other.
A new generation of locomotives has now been incorporated into the Panama Canal, and they are expected to enhance Canal services for the benefit of world trade. Each locomotive weighs 50 tons, operates with two 290 HP traction units and has a towing capacity of 311.8 kilonewtons at 4.8 kilometers per hour, and of 178.2 kilonewtons at 8 kilometers per hour. They can move the same load at 3.2 and 4.8 kilometers per hour, respectively. Their maximum return speed is 16 kilometers per hour. They are lighter, stronger, and faster than the previously used models. Reduction in lockage time is among the benefits of their new design.
The original locomotives used in the Canal, or "mules" as they were also called, were built by General Electric. They weighed 43 metric tons and could pull 111.07 kilonewtons at a towing speed of up to 3.2 kilometers per hour. Their return speed was 8 kilometers maximum. As of 1964, they have been replaced with Mitsubishi locomotives that weigh 55 tons and tow up to 311 kilonewtons at their maximum towing speed of 4.8 kilometers per hour. They use two windlasses, and have a return speed of 14.4 kilometers.
In 1997, the Mitsubishi Corporation was awarded the contract for the manufacture of new locomotives. The first eight prototypes were delivered in August 1999, at a cost of $2.3 million each. After a 6-month test period, they began operating at Miraflores Locks.
The second group arrived in August 2001, at a cost of $1.9 million per unit. Sixteen of the 26 locomotives ordered are already in operation at Miraflores Locks. The remaining 10 arrived in March 2002 and joined the Miraflores fleet. The fleet has now increased to 100 units, and the full replacement of the fleet with this new type of locomotives is now under way.
The size of the locomotive fleet has grown over the years in order to cope with the increase in number and size of the vessels transiting the Canal. Most of the ships transiting the locks used to only require the assistance of four locomotives. Today, because of their size, some ships require up to eight of the new, stronger locomotives.
The ACP has also replaced more than 16 kilometers of existing tow track with a new design built to withstand current and future Canal traffic demands. This new track lowers maintenance costs, improves service and enables the locomotives to assist transiting vessels maintain position within the locks chambers. The project was completed in September 2007.
Tour Options : The Awakening of the Rainforest (6:30 am—Noon)
Dawn is the most active period of the day for most wildlife of the forest. You definitely want to be up early on the Observation Deck, 50 feet above the forest floor, to experience the peaceful sunrise over the Pacific, to hear the thundering bellows of the Mantled Howlers proclaiming their territory and to be amazed at the incredible diversity of birds as they begin their never-ending search for food! After a hearty deluxe breakfast, join one of our guides for a 3-4-hour guided walk along Semaphore Hill Road, where you will experience even more of the magnificent wildlife of the tropical rainforest!
Lunch on Top of the Hill (Noon—5:00 pm)
Mid-day is the best time to see birds of prey (raptors) as they ride thermals, soaring effortlessly high in the sky. In the Northern Hemisphere's fall and spring seasons, the Observation Deck offers an extraordinary vantage point to witness hundreds of thousands of hawks and vultures flying en masse on their annual migration. From the Observation Deck you may see Blue Cotingas, Keel-billed Toucans, Green Shrike-Vireos, Mantled Howlers, Geoffroy's Tamarins, Hoffmann's Two-toed Sloths or Brown-throated Three-toed Sloths and Green Iguanas basking on a Cecropia branch! Noon is also the best time to watch ships navigate the Culebra Cut. After a delicious lunch, join one of our guides for a 3-4-hour guided walk down Semaphore Hill Road. This popular nature walk provides a ground-level view of the rainforest. We often spot manakins, antbirds, tinamous, sloths, coatis, agoutis and an amazing abundance of butterflies and other insects. Along the road you will see 46 species of trees identified by scientists from the Smithsonian Tropical Research Institute, many having medicinal value and most producing food for birds and mammals. Time permitting, we may walk for a short distance along Plantation Road. At the end of the walk, the Rainfomobile or the Birdmobile will ferry you back to the Canopy Tower.
Note:
* Tours are led by experienced, bilingual, birding/nature guides who carry Leica binoculars and a Leica 77 mm scope.
* Transportation ( round—trip),Include one delicious meal, entrance fee to Soberanía National Park, and use of the Canopy Tower's Observation Deck where our guides will help you identify wildlife.
About the Tower:
The Canopy Tower is a prime location from which to observe the birds and other wildlife of the forest canopy. Because the birds and mammals are at eye level, it is common to get fantastic views otherwise nearly impossible from the ground.
The Observation Deck
The Observation Deck, 50 feet above the ground, gives guests a grand view of the canopy and beyond. Many of the best photographs are taken from the Observation deck. In the morning, ardent bird watchers and nature lovers assemble here for coffee and crackers while enjoying the abundant action in the treetops just below.
"When I was building the Canopy Tower there were moments of doubts about the eventual success of the enterprise, when those moments appeared I'd go up to the Observation Deck and feel the wind, hear the howlers, see the birds and my fears would vanish". Raul Arias de Para
Short History of The Canopy Tower:
The structure destined to become the Canopy Tower was built in 1965 by the United States Air Force to house a powerful radar used in the defense of the Panama Canal. By 1969, the site was jointly used by the Federal Aviation Administration (FAA) to control air traffic in the area, and by the Panama Canal Commission (PCC) as a communications tower.
In September of 1988, the radar tower received an important new assignment when it was activated as Site One in the Caribbean Basin Radar Network (CBRN). This network of radars was used by the United States government to detect airplanes suspected of carrying drugs from South America. The tower played this role until June of 1995 when it was closed and left vacant waiting for better days.
In November of 1996, the radar tower and the Semaphore Hill site, consisting of approximately 35 acres of rainforest within Soberanía National Park, was transferred to Panama in compliance with the Torrijos-Carter Treaties.
In August of 1997, the government of Panama signed a long-term contract with Raul Arias de Para to transform the site into a center for neotropical-rainforest observation and ecotourism.
In January of 1999, the Canopy Tower was inaugurated and the rest, as they say, is history
The Tower Location:
Is located in impressive rainforest atop Semaphore Hill within Soberanía National Park, 35 miles north of Panamá City in the Republic of Panamá right in the center of the New World— and just 2½ hours from Miami!
Panamá's shape creates a natural funnel, concentrating migratory birds on a narrow isthmus— land that the birds desperately need for rest and to refuel before continuing their long journey. At peak times of the year, this migration is a spectacle rivaled by none in the World! An incredible 970+ species of birds have been recorded from this country that is not even the size of South Carolina!
FAQ's
What is the best time of the year to visit the Tower?
The best time for your visit depends on your interests, as there's always something interesting going on in the forest.
For example, if you visit us from early December to mid-January you will see the forest still lush and green as the rainy season has just ended. Some northern migrants are present as well as the resident species. The days are sunny and balmy. January, February and March is our "high season", there is a lot of sun and practically no rain (bring sun block), the birding is continuous from sunrise to sunset and, occasionally, into the evenings to look for owls and pottoos.
In mid-March to early May you'll find yourself in the middle of spring migration, a great time to see many different warblers and other neotropical migratory birds in fresh breeding plumage, as well as hundreds of thousands of raptors on their way north.
In May and June it is the start of the rainy season, and many resident birds will be starting to nest and vocalize more often. From June to August you will see the forest at its lushest, there is plenty of food out there and you will see immature birds being fed by their parents. There is usually a tropical shower in the early afternoon, "siesta" time anyway. After the shower the sun comes out, birding is restarted and life continues on. The nights are clear and cool. Migrants are gone, but you'll find plenty of resident species to keep you distracted. Our prices are heavily discounted at this time of the year because many of our customers prefer to come to the tropics during the winter months to escape the cold, so demand is slower. Click here to see birding reports at this time of the year.
In September we start getting the first fall migrants, and this number climbs and reaches its climax around the middle of October and extending until the first week of November. This is the fall migration, a fantastic natural phenomenon when hundreds of thousands of raptors fly over the Tower on the way to their southern wintering grounds. This is one of the most impressive natural spectacles of neotropical birding
What should I bring for my visit?
If you come during the period of May to early January, bring rain gear; an umbrella might also come in handy. Rubber boots are not necessary since we will not be crossing any streams, but an extra pair of sneakers or hiking shoes/boots is advised since some trails have plenty of mud. Insect repellent is also recommended for your walks in the forest. Hair dryers are provided.
A good pair of binoculars is a must, even if you are not a birdwatcher. There are plenty of other critters to look for. We recommend Leica equipment. Our guides use this brand and it is excelente. If you come during the rest of the year, a good hat to shade you from the near equatorial sun is a good idea as well as a pair of sandals to lounge around the Tower. In any case, bring earplugs (we also provide them at no additional cost). Sounds in the Tower travel easily and they might also come in handy: if your neighbor's snoring rivals the howls of the Howler Monkeys, you'll be glad you did! Finally, we have a Leica 77mm scope available on the top floor, but if you have one bring it anyway -- having an extra scope never hurt anybody.
Outdoor clothing, preferably made of cotton, of neutral colors to blend with the surroundings and facilitate wildlife observation. You may ask, what are neutral colors? Well, think of a Hawaiian shirt, the opposite of that is attire of neutral colors. For dinner, we like to dress up a bit, nothing fancy, very informal.
Will I be able to recharge my camera batteries? Do I need a special adapter?
There are plenty of electric outlets in your room. No adapters are needed; our electricity is the same as in the good-old-USA. This was, after all, a USAF military installation
I am not all that interested in birdwatching. What else is there to do?
The abundant bird life around The Canopy Tower may change your mind!
In any event, the rainforest surrounding the Tower offers endless interest. Many of the trees along Semaphore Hill Road have numbered tags that identify them to species level on a booklet prepared by botanists and biologists of the Smithsonian Tropical Research Institute. Mammals are also abundant around the tower: coatis, agoutis, and anteaters are commonly seen from the road, and howler and tamarin monkeys are sighted frequently from the tower. Due to "good seeing" resulting from few nearby lights at night, stargazing from the roof on a clear night can be delightful. At night, Panama City's lights are visible on the horizon, and lighted ships traverse the Canal. During the day you can see both the skyline of Panama City and the Pacific entrance to the Panama Canal.
The Canal is itself of prime interest to many. Two sets of locks on the Pacific side of the Canal, Miraflores and Pedro Miguel, are a short drive from the Tower, as well as the Panama Canal Visitor Center. Panama City itself, with its museums, fine restaurants and shops, is only 30 minutes away.
Visit www.panamatourismtravel.com and book a tour like kayaking in the Panama Canal, an aerial tram, orchids and butterfly exhibits and fishing expeditions in the Gatun Lake, Monkey Island.
What is your policy regarding children?
Canopy Tower is not really a place for children younger than 13 years of age. The activities which we offer, and in which the Canopy Tower excels -- wildlife observation -- require silence and calm. Few young children can sustain these qualities while waiting to see a bird or a mammal. As you can imagine, a restless child can become a disturbance to other guests, while spoiling parental enjoyment of our extraordinary place.
What is your policy regarding smoking?
Canopy Tower is a smoke-free lodge. However, there are smoking areas in the Observation Deck and in the front patio.
At what altitude is the Canopy Tower?
The Canopy Tower is on top of Semaphore Hill at an altitude of 285 meters (940 feet) above sea level
1. Panama has a great variety of world-class
attractions all in close proximity.
Exotic tropical rainforests,
beautiful mountain refuges, Caribbean-style beaches, seven living Indian
cultures, a Miami-style capital city, historical sites, golf, diving, rafting,
sportfishing- not to mention that 8th wonder of the world and engineering
marvel- The Panama Canal. And it's all in a country just 50 miles wide, the size
of South Carolina.
2. Panama is safe
Panama has the highest rating for tourist
safety from the Pinkerton Intelligence Agency. In a Newsweek magazine article on
tourism safely worldwide, Panama received same tourism safety rating as the USA.
Foreign residents in Panama will tell you how safe they feel living in Panama
compared to any other country in Central America.
3. Panama has a First World infrastrucure. Panama has a first-world infrastructure starting with a safe
cosmopolitan Miami- style capital city with high speed internet, first rate
hotels, fine dining and beautiful shopping malls. The highway infrastructure,
medical care, telecommunications and business services are excellent-comparable
to the USA as noted in the ARRP's Modern Maturity magazine. Panama also has the
second largest Free Trade Zone in the world and a banking sector with 100
banks.
4. Panama is close.
As part of Central
America, Panama is just a short plane ride away. Eight major US cities offer
direct daily flights to Panama City: Los Angeles, New York, Newark, Miami,
Houston, Dallas, Atlanta and Orlando.
5. Panama is tourist
friendly. English is spoken as a second language. The Panamanian
people are amongst the friendliest in the world. They are known for their
peaceful, get-along and fun loving nature. As a result of the 90 year presence
of Americans in the Canal Zone, Panamanians understand and appreciate Americans-
thousands have worked with Americans as well as studied in the United
States. 6.Panama has the US dollar as its
currency. Panama's currency is the US dollar. That's right! What a
great convenience. In Panama, there's no need for currency exchange. No need to
be a mathematical genius to figure out what that meal just cost or how much to
tip the bellboy. Your bank accounts and investments are also all of course in US
dollars.
7.Panama has world-class medical care and a healthy
environment. Many Panamanian doctors are speak English and are
American-trained. Several hospitals have medical services on a par with US
hospitals. Sanitary conditions are excellent- there is almost none of that
tourism scrouge- "Montezuma's Revenge". You can even drink the tap water- a
rarity in Latin America. An amazing abundance of fresh and inexpensive fruits
and vegetables makes healthy living a pleasure. 8. Panama is the best place for nature travel,ecotourism
and eco-adventure today. Panama has the easiest-to-get-to exotic
nature in the world. It's position as a narrow land bridge connecting two
continents has endowed it with some of the worlds’ most pristine and bio-diverse
rainforests in national parks covering 5 million acres. A key indicator of its
bio-diversity: Panama has 944 recorded bird species, more than the U.S. and
Canada combined. Furthermore, all that great nature is very accessible, with
some of the best locations less than an hour from Panama City. There is a local
saying that while in other countries you have 20 tourists looking at one bird,
in Panama you have one tourist looking at 20 birds
9. Panama has a wide selection of beaches and island venues and
activities.
With two coasts, one thousand islands and
Caribbean-style beaches, there is much to choose from for beach vacations from
the all-inclusive resorts to exotic island retreats.
10. Panama-
the affordable exotic destination.
Normally this kind of pristine
natural beauty comes at a fancy price. Panama has just begun to promote itself
as a tourism destination and so prices are still some of the best in the
market.
11. Panama is world-class for
adventure.
International experts rave about river running in Panama
which includes rafting, kayaking and motorized river boats. There are rivers in
Panama where you can ride 20 sets of rapids in one afternoon. Canyoning,
trekking, rapelling and surfing offer similar world-class experiences for the
hard and soft adventure seeker.
12. Panama has world class fishing, diving, snorkeling
and sailing. One place in Panama, Pinas Bay, holds 170 world fishing
records. There are five world class diving areas: Coiba National Marine Park,
the Pearl Islands, Bocas del Toro archipelago, Portobello and for historical
diving the Panama Canal.
13.Panama City is a
smart choice for convention and incentive travel.
Panama City is a
sophisticated and safe city with fascinating and fun things to do nearby. Day
trips from Panama City include world-class sportfishing, rainforest adventures,
golf, Indian village tours, scuba diving, fascinating historical sites and the
Panama Canal
14. Panama Has no Hurricanes nor major destructive
earthquakes.
Panama is blessed by nature-unlike the rest of her
Central American neighbors, Panama has no hurricanes-amazingly it’s in a special
climate area that is totally hurricane-proof. It also has no major earthquakes.
Your Panama vacation will never be re-scheduled due to natural events. Your
property investment will always be safe from hurricanes and earthquakes.
15.Panama is Survivor Country.
How exotic and
interesting is Panama? 14 countries have filmed their Survivor programs in the
islands of Bocas del Toro and the Pearl Islands. CBS's Survivor series for Fall
2003 and Winter 2004 took place in Panama’s Pearl Islands.
Panama is a growing country and can be considered a first world country by many ways. Panama is predicted to be the fastest growing Latin American country. Due to its location and other such factors Panama’s primary location comes from banking private firms and real estate in Panama. Buying and selling of Panama property is relatively profitable and property development is a big business in Panama. Also Panama earns over a billion every year from tourism contributing in a big way towards the economy of Panama. After the canal and the military installation have been handed over to the United States of America there has been a lot of development in the recent times in the economy of Panama.
There has been a lot of development projects planned which would improve tourism as well as business in Panama. There has been many structural reforms undertaken that have resulted in a growing economy and this has resulted in the rapid development in the growth of value of Panama real estate. The various reforms have encouraged architecture, planning, investment and tourism which have greatly helped in increase the economy of the country.
The canal is again undergoing huge reforms and expansion which is further set to improve the economy of the country. The national revenue is put to good use by development of land and property that would develop further revenue. A lot of planning and care is undertaken so that the money of the investors of Panama real estate is safe guarded. This encourages more and more investors to invest into Panama real estate. Also there are many tax benefits in Panama. This largely reduces the cost of living in Panama.
Panama has the largest free trade zone in the whole of the western hemisphere. This has greatly contributed to the development of the value of Panama real estate. Also the trade and exportation of coffee greatly supports the economy. The high levels of globalization have led to a multi cultured environment in Panama. This only results in the increased number of investors in Panama real estate. People who are looking to invest money on real estate business firms’ etc. invest in Panama property knowing that there will be good returns. With the growing and developing state of economy there is very little rate of inflation.
The citizens of Panama have undergone very little rates of inflation and the cost of living basically remains less. The highland climates are also known to promote Panama real estate and property development. This increases the investments in the country as well as investor potential in the country. Also the tourism industry benefits a big way from the natural beauty that is available in the country. The tourism industry is a steady source of economy and will continue to be so for years to come. This industry is also responsible for the development of real estate in the country. People who come here on vacations most often buy Panama property and settle down here. This adds to the economy of the country by promoting buying and selling of real estate.
Panama is a one of the most beautiful places in the world. With the treaty with the United States there has been tremendous growth and development in Panama property. Tourism and Panama real estate are the biggest investments by the Panama government. There has been much effort put towards the real estate in Panama. The Panama real estate has been booming in the past few years. This means that if you are planning to buy Panama property then it is surely a good choice for you. This is because there has been massive growth and property development in Panama. More and more property developers are looking towards developing dormant Panama property and making it into something more useful land productive. Tourism is highly encouraged in Panama and there are tourists from all over the world that visit Panama. This helps in development and the growth of the economy. Also if you are looking to retire somewhere then Panama is one of the best places to settle down. With the beautiful beaches and the luxurious mountains it is the home that you would have always dreamed of. Tourism encourages people from all over the world to reach panama and many people who visit the place fall in love with its natural beauty. As a result people love to settle down and retire in Panama property. More and more people from all over the world today are buying panama property to retire in this beautiful country. To have a luxurious home in panama is one the passionate dreams of many hard working people from around the world
There are many reasons why someone should settle down in Panama property. Some of them would include low cost of living and the tax cuts. There are many tax benefits that one would get from living in Panama property. This would mean that all the money that you have earned can spent more effectively here. Further more this is more advantageous for the European buyers. This is because they can effectively take advantage of the weak dollar and along with the tax cuts can greatly help them out financially. The cultural of panama is diverse with people from all over the world coming to settle down here. Also English is a well spoken language in panama. This means that people from all over the world have no problems in blending in with the society of Panama. The culture is friendly and peaceful. You can choose to settle down on any one of the beach sides of Panama property. Both the pacific and the Caribbean sides are beautiful and it won’t matter which side you settle on. Also you can think about buying a home in the mountains of Panama. These mountains will help you to develop and love for nature with all the abundant flora and fauna that is present.
The wonderful climate will add to your enjoyment and you will develop a sense of love in your retirement. There are many properties for sale and if you want to invest you can look up to many real estate experts who will help you get the Panama property you want.
Upon arriving in Tocumen International Airport, ask for a brochure and user card at the tourist information center before you go through customs. In the case of an emergency all you need is to present your passport and the user card to any medical establishment to receive care. This insurance is good for 30 days after your legal arrival in panama.
What does it cover?
The insurance policy will cover accidental death and repatriation of body (up to $20,000 dollars), hospitalization and medical expenses for injuries due to accidents or in case of contracting a disease in Panama (up to $7,000 dollars), expenses for dental emergency (up to $ 2,000 dollars), administrative legal assistance by accident (up to $ 3,500), lost or stolen documents, and necessary translation services, among others. You’ll find a complete description of the coverage in the brochure.
What does it not cover?
This insurance will not cover injuries that are the result of negligence, related to alcohol and drugs, those involved in extreme sports, among others.
Foreign investment is something the Panamanian government has always encouraged. Foreign investment in Panama is easier now than it has ever been. There is a new free trade agreement with the U.S., and a new domestic policy, Law 41 (2007), is designed specifically to reward multinational corporations, both large and small, for establishing regional headquarters here. Now is a great time to consider the opportunities in Panama.
Many foreign investors starting a business in Panama or purchasing real estate decide to use a corporate entity as an ownership vehicle. The specific corporate form is defined during the due diligence phase, and the corporation should be established in conjunction with the project and not as a separate consideration. The corporate ownership vehicle offers privacy and allows flexibility in estate planning, tax management, asset protection, and representation.
Should an investor use (or form) a local Panama corporate entity, or use an existing foreign corporation? The answer is “it depends,” but in most cases, the use of a local entity creates more benefits. If you use a foreign entity, make sure to register it in the Public Registery. Although Law 41 has streamlined the procedures for registration of foreign entities, it could still take several weeks to complete the process.
Panamanian commercial law allows many corporate forms. Two important forms that offer the investor structures similar to the familiar limited liability company are the “Sociedad de Responsabilidad Limitada” and the “Sociedad Anónima.” Determining which of the many forms is the correct choice is part of your due diligence efforts, but these are the two most prevalent forms with the S.A. as the preferred vehicle.
The S.A. has many features which offer privacy. Some of the more important features are: no requirements to disclose ownership; no restrictions on owning investments outside of Panama; no restrictions concerning ownership of shares; no residence requirements for Directors/Officers; no requirements to file annual Financial Statements; no requirement to hold annual General Meetings of Shareholders or Directors. This feature is very important – the accounting books for the corporation can be kept in any part of the world and in any language.
Entities doing business within Panama must register with the Tax Authority. Formal tax registration is not needed if the corporation simply holds real estate, or does not generate taxable income within the territory of Panama. “Within” means any transaction that is from a location in Panama to another location in Panama. Anything that crosses a border is a non-taxable transaction. Directing transactions in other countries from Panama is non-taxable.
Every corporation must reside in Panama or have a local registered agent. There is an annual registration fee paid to maintain a valid registration at the Public Registry of Panama. The fees and taxes are quite reasonable, but must be paid promptly. Late payment can produce penalties or cause the company to be stricken from the Register.
A corporation may adopt by-laws for the regulation of its internal affairs and procedures, but adoption is not mandatory. If by-laws are adopted, they can be registered at the discretion of the directors of the corporation. Registration of by-laws is not mandatory, but if the directors decide to register the by-laws, any amendments to the by-laws must be registered as well.
One of these Panama’s historic icons is the Boyacá House located in the neighborhood of Santa Ana. The Boyacá House took its name from its resemblance to the bow of a ship. Boyacá was a famous Colombian war ship of the time.
Next to this singular wooden house is a segment of the “Tiger’s Paw” bastion, the only place in Casco Antiguo where it’s possible to have an idea of the original appearance and dimensions of the colonial fortifications facing inland.
The
Flat Arch and Santo Domingo Church
The
ruins of the church and convent of Santo Domingo is one of the most important
monumental colonial Old Town of Panama. The flat arch is part of this church
and is known to be a genuine construction of masonry. The Dominican friars
began to build their church immediately after the founding of Casco Antiguo on 1678 . But
the fire of 1756 burned all the woodwork and the church was not rebuilt - but
the flat arch still stood.
The
arch "survived" but even more impressive is the fact that this brink
arch, spanning a space of 50 feet, 35 feet high at the crown and 25 feet at the
spring is so flat that it is said to be an engineering "sport". The
Panama Guide by John O. Collins 1912
This architectural triumph has remained intact, resisting earthquakes and time
with no support other than the terminal arches. This fact has puzzled practical
architects from all over the world. This old arch also played an important part
in building the canal, for the reason that it had remained standing all these
years was convincing proof that Panama was outside of the earthquake area, and
this fact was a deciding factor in the momentous question of building a lock
type canal when the question was being debated as to the feasibility of a
sea-level or lock type.
Unfortunately, the flat arch collapsed on Friday night, November 7, 2003 but it
is has been reconstructed.
Currently the ruins of the old church of Santo Domingo are undergoing
construction. They will provide a space for cultural and artistic presentations
in the future
The Panama Canal Museum
In a beautifully restored building
facing the Plaza de la Catedral is the Panama Canal Museum located. The museum interprets through permanent exhibitions the construction of Panama's canal, its importance as an interoceanic route and the technological and financial advances made around the world as a result of the canal's construction.
Back in the day, the building where the museum is located was built in 1875 to be originally used as a hotel facility equipped with a monumental structure in the French style. It occupies an area of 1 239 square meters and a total building area of over 4 000 square meters, also was the headquarter of the French canal company. Afterwards the U.S. Isthmian Canal Commission had its offices in there and in 1912 it became the main Post Office. Since 1997 it is the Panama Canal Museum.
History Museum of Panama
Located on the second floor of the
Municipal Palace building, the Museum of History presents documents, ceramics,
furniture, clothing, weapons, paintings, sculptures and pieces of the colonial
period, federal, provincial and republican.
Casa Museo Endara
The building was built between 1909 and 1910 and was the residence and studio
of Carlos Endara, pioneering photographer in Panama. One of the most reliable
restoration of the historic center. The museum was inaugurated in November
2008. It has a valuable selection of photographs and objects from Carlos
Endara.
The Fish Market
The fish market is a white and light blue building with the Japanese and
Panamanian flags on the top of the building. The Japanese government donated
the new fish market installations. The market can't be missed as it is located
at the very entrance of Casco Viejo, just off Avenida Balboa.
In what is one of the most impressive displays of local fish and seafood you'll
find anything from fresh yellow fin tuna, shrimp & prawns the size of your
hand, red snapper (pargo rojo), mahi mahi (dorado), octopus (pulpo) and much
more!
SimonBolivar Plaza
Known originally as the Plaza de San Francisco in 1883 the city council devoted
the plaza to the Liberator: In the center of the plaza is a monument to the
Venezuelan general Simon Bolivar, also known as the "Liberator of Latin
America," with decorative friezes marking events of his life and an Andean
condor perched above him.
In 1826 (4 years before his death) Bolivar organized an independence meeting in
a schoolroom opposite of the park urging the union of all Latin American countries.
After struggling against the Spanish domination, he finally succeeded in
liberating Bolivia, Columbia, Ecuador, Peru and Venezuela. Bolivar is respected
as a hero throughout Latin America.
This plaza goes back to the 1756 fire, which destroyed the houses that
originally stood on this spot. In 1883 the empty lot was named Bolivar Plaza. A
monument commemorating the one-hundredth anniversary of Bolivar Amphictyonic
Congress was placed in the middle of the plaza in 1926 to coincide with the Pan
American Congress of that year.
The Hotel Colombia
The Hotel Colombia, across the street from Simon Bolivar Plaza it, was one of the country's best when it opened its doors in 1937, but it fell into neglect during the late 20th century until it was renovated in the 1990s and converted to luxury apartments.
French Plaza
Originally Plaza de Francia was the
main square of the city. This plaza is located at the very tip of the peninsula
and in the center is an obelisk topped by a rooster, a symbol of the French
nation. The 12 slabs of marble outline the history of the Panama Canal. All
around are busts of Panamanian engineer Pero J. Sosa and French citizens (most
of them were from France and French islands such as Guadeloupe or Martinique)
who were prominent in the construction of the Canal. This impressive monument
honors those 22,000 workers and engineers who died (due to Yellow Fever &
Malaria) trying to build the canal.
Besides the Monument, on this plaza you will find French Embassy, Esteban
Huertas Promenade, Anita Villalaz Theatre, The National Institute of Culture
Building, and a beautiful view of the Panama City Bay, Bridge of the Americas
(Puente de las Americas) and the Amador Causeway. You can also find nine
restored dungeons on the plaza which were used by the Spanish.
Plaza Herrera
This plaza originated in the wake of the 1781 fire. It was originally used for
bull fights and first known as Piazza del Triunfo. Later, in 1887, being
renamed for one of Panama's independence heroes: Panamanian general and
statesman Tomas Herrera (1804-54) . He led the 1840 movement to make Panama a free state, separate from Colombia. He served as president of Panama during its single year of independence. Herrera later became a high-ranking Colombian official and put down a rebellion in 1854 Ministry of Foreign Affairs/ Palacio Bolivar
Salón Bolívar is part of beautifully renovated colonial building Palacio Bolivar on the Plaza. Lucky visitors of the palace that now serves as Panama’s Foreign Ministry offices are afforded a water’s edge view all the way to Panama Viejo. The Salon is now a small museum about Panama’s political history. The documents of the Amphictyonic Congress, organized by Simón Bolívar in 1826 to create a confederation between Columbia, Mexico and Central America and lent by the Brazilian government, are on exhibit here.
Plaza de la Independencia & The Cathedral Metropolitana
The Metropolitan Cathedral is located on Plaza de la Catedral also known as
Plaza de la Independencia which is the heart of Casco Viejo with many events
through out the year. It is an important landmark of Casco Antiguo. It has been
used as a bullring. By 1890 it was transformed into a park with elements of the
French influence. In November 1903 Panama declared its independence from
Columbia on this Plaza. It was at that moment that the Republic of Panama was
born, with much euphoria.
The cathedral reflects best the Spanish presence due to the buildings
dimensions and age. The construction of this building lasted over 100 years.
The Palacio Municipal is also located on Plaza de La Independencia. The palace
was the former town hall, but was demolished in 1910. A building with an
important history: The proclamation of independence from Spain in 1821 and the
separation from Columbia in 1903 happened there. Designed by Ruggieri this
historic Neo-Renaissance style building with Greek columns and reliefs of
mythological inspiration (Mercury and Vulcan) houses the Museum of Panamanian
history.
Plaza de Santa Ana
In the mid-nineteenth century this plaza was used as a market. At the end of
the century it was a symbol of economic boom and the cosmopolitan character of
the city: there were elegant hotels, bazaars offering fine imported goods, and
two of the first theaters in Panama located. During the twentieth century it
was the scene of major protests and nationalist. Today it is the steet of the
pedestrian mall of Avenida Central.
San Jose Church
This church is located right on Avenida A and famous for the distinctive
baroque Altar de Oro (The Golden Altar), which was saved from Panama Viejo and
transported into the "new" city. The altar was about the only thing
of value salvaged after Henry Morgan sacked Panama Viejo. A priest painted the
altar black to disguise it.
Almost every weekend weddings are being held there.
Iglesia de la Merced
This church was already built in 1680 after having been moved, stone by stone,
from its previous site in Panama Viejo. The facade is still an excellent
example of one of Casco Viejo's oldest buildings. The chapel was recently
renovated. This church was the one that kept most of the birth & baptism
records of Panama City. La Merced Church also houses a small museum.
The Iglesia de la Compania de Jesus
The ruins of the Convent and Iglesia de la Compania de Jesus, is one of the
most striking once in Casco Viejo. Back in 1667 it was the home of the Royal
Pontifical University of San Javier. In 1781 the church was destroyed by a fire
and further damaged by an earthquake in 1882. Panama's government restored the
ruins of the convent in 1983 but it is again undergoing reconstruction.
San Francisco de Asis Church
The old convent of San Francisco next door was abandoned after the fire of the
eighteenth century. It was part of important historical events such as the
celebration of the Amphictyonic Congress in 1826. This church is one of the
original structures of Casco Viejo.
Iglesia San Francisco de Asis is one of the smallest but most ornate churches in Casco Viejo. It sits on Plaza Bolivar across the street from the National Theater. As were many of the buildings in the neighborhood, the church was ravaged by fire in 1737 and again in 1756. Restored in 1998, it is now one of the most striking churches in Panama.
Presidential Palace
Palacio de las Garzas (Heron's Palace), the official name of the presidential
palace, named for the numerous herons that inhabit the building. The original
building was constructed in 1673.
Palacio de las Garzas is the official residence of the President and bears its name because of resident African herons who were brought as a gift in 1922 after the final renovations were completed under President Belisario Porras. The airy interior courtyard and lobby are remodeled in the style of an Andalusian courtyard and the herons roam the courtyard freely. The palace was originally built in the 17th century by an official of the Spanish crown and used as a customs house for a while. It is closed to the public, but depending on who is standing guard at the gate and what is going on inside, it is not unheard of for a guard to allow you to take a few quick photos of the impressive lobby.
Casa Gongora
The only example of domestic colonial architecture of the seventeenth century.
Built around 1760, it is named after Paul Gongora Caceres, a prominent
merchant. It was restored in 1998-99 with local labor and they managed to keep
the ancient woodworking (doors, balconies, armor). The building retains its
original layout and belongs to the Municipality of Panama. There are regular
exhibitions of Panamanian artists.
Club de Clases y Tropas
This is an abandon ruin and General
Noriega's favorite hangout. In 1989 it was almost completely destroyed during
the invasion.
Both movies, James Bond Quantum Of Solace as well as The Tailor of
Panama filmed scenes in this ruin. On the weekends you can find young
locals skating here.
Paseo Esteban Huertas
The Paseo Esteban Huertas begins on one side of the former Union Club and ends
at Plaza de Francia. It was laid out in 1744-46 on the Chiriqui bastion, a
well-preserved part of the colonial city wall. It is a waterfront promenade
jutting out into the Pacific. It provides a beautiful view on the Puente de las
Americas, the Amador Causeway and all the ships which are lining up to enter
the canal.
Las Bovedas
Las Bovedas is located on a part of the walled city built in the eighteenth
century (part of Plaza de Francia). This building which consists of a row of
vaulted spaces - hence the name bovedas which means vaults - is part of Panama
City's colonial fortification. It was restored in 1983. The Vaults have been
used as stores, offices, jail, dormitory and restaurants. Today you can find
stores and a restaurant there.
Culture National Bureau & Anita Villalaz Theatre
The Instituto Nacional de Cultura de
Panama (INAC) was formerly the Supreme Court building (till 1996). You might
have also seen it in a recent James Bond movie (Quantum of Solace).
You can find a small theater (Anita Villalaz Theatre) inside the building
hosting various events through the year like theater performances, concerts and
conferences. It has two levels (orchestra and gallery). The maximum capacity
are 250 seats.
National Theater
The National Theater was built
between 1905 and 1907 (opened in 1908) and its interior has been completely
restored. Mostly red and golden decorations, an impressive ceiling - mural
showing muses and people who are important for the country - painted by Roberto
Lewis (one of Panama's finest painters) and an enormous crystal chandelier can
be found inside. This performance center has an outstanding natural acoustics
and provides an intimate performance environment and seating for about 800
guests. It presents a comprehensive program of music, dance and theater.
The Emerald Museum
Admission to this museum is free but you must pass through their tempting emerald jewelry store on the way out. The museum is small but gives a good overview of the emerald mining industry and its history. The recreated mine you can enter and explore also makes it fun for kids.
Galería Juan Manuel Cedeno
Juan Manuel Cedeño is one of the most famous Panamanian artists, along with Guillermo Trujillo and Alfredo Sinclair. He is most famous for his drawings and sketches - clean, precise, subtle and moving. This small gallery space, located on Plaza Francia, is run by the National Institute of Culture (INAC) and houses a collection of Panamanian and Latin American artists.
La Iglesia San Felipe Neri
San Felipe de Neri was inaugurated in 1688 and is considered one of the oldest churches in the city. It has been home to many things over time, including a school, a seminary and a center for Catholic Cultural Action, as well as most recently, a home for the elderly. Modern restoration began in 1995.