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Latin America Receives Largest Foreign Direct Investment in Recent History
Latin America and the Caribbean received 153.448 million dollars in foreign direct investment (FDI) in 2011, representing 10% of these global flows. This is the largest amount of FDI so far absorbed by...
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Nicaragua Invests $387 Million in Tourism for 2012
Destinations such as San Juan de Nicaragua and the island of Ometepe, both with newly constructed airfields, were among the most promoted destinations at the Nicaraguan Tourism Fair, Fenitur 2012. The...
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It’s a Good Time to Invest: Latin America Business Climate at Its Highest Level
The Economic Climate Index (ECI) in Latin America rose in April to 5.2 points, its highest level since the 5.8 points from July 2011, according to a study released today by the private economic...
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Central America Adventure Travel Offers Surf and Turf
Central America has something for everyone, from surfing down a volcano to surfing in the Pacific, and from rainforest lodges to pensions in colonial cities. As the area is gaining in popularity for...
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Warning: FATCA Changing the Banking Industry in Central America
The FATCA or Foreign Account Tax Compliance Act is seen by some as a way to combat unacceptable tax avoidance by US citizens who put their money in foreign banks. Regardless how one views it, watch...
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Mexico Surging Ahead in Convention Tourism
Mexico jumped up two spots, from 22nd to 20th, in its overall convention tourism ranking issued by the Congress and Convention Association for 2011. Numbers show that 23 million people participated in...
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Mexico Ranks Tenth in World Tourism
Mexico continues to hold the tenth spot in world tourism for the second consecutive year, according to the World Tourism Organization. Original Article Text From Informador via Google Translate :...
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Travel and Tourism Pumps More than $600 Billion into Economy of the Americas
A study by the World Travel and Tourism Council, sponsored by American Express and conducted by Oxford Economics, found that a direct contribution of travel and tourism to the gross domestic product...
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Panama: Colon Free Zone Moves $29 Billion in Goods Annually
Economic growth in the Colon Free Zone is unquestionably strong. The volume of exports and imports in 2011 reached $29.126 billion, growing by 56% over the past three years. The area has about 3,000...
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AviancaTaca and Copa Join Star Alliance
AviancaTaca, and Copa airlines are officially a part of the Star Alliance, and with the joining, passengers have access to greater connectivity in the Americas, through five hubs in Bogota, Colombia;...
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The Isthmus Facing Credit Risk: Standard & Poor’s
The sovereign debt of the Central American countries are facing increasing credit risks, as several Central American countries face a growing risk of lending on their foreign debts, according to a...
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South Korea Seeks Powerhouse FTA Central America Block
The government of South Korea seeks to be a powerhouse player in Central America by attempting to negotiate a free trade agreement with the entire region as one market. Original Article Text From...
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Ecuador, Panama, Belize and Mexico Among Top 10 Overseas Retirement...
What’s the draw of overseas retirement? Aside from beautiful scenery, the cost of living tends to be cheaper, tax burdens are sometimes lower, and the quality of health care can be quite good. There...
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Forget Florida; Central America Tops Another List of New Hot Spots for...
If retirees are willing to leave the states behind, the savings can be substantial. If they are willing to travel beyond the tropics of Florida for the culture and savings of Central America. Original...
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Cruise Operators Offer $30 Million to Fund Terminal on Amador Causeway
Royal Caribbean, Carnival, Holland America, and Princess are among cruise ship companies offering $30 million to build a cruise terminal on the Amador Causeway. Original Article Text From Prensa via...
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U.S. Citizens: The Right to Use Foreign Banking for Protection and Privacy is...
Current political chatter in the United States has one wondering whether it is anti-patriotic to push the idea that Americans could possibly have a legitimate reason to park money in financial centers...
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Global Instability, Might Just Be the Perfect Time to Travel
A terrorist explosion in Bulgaria. Tourist kidnappings in Egypt. Deadly drug wars in Mexico. Who wants to be a tourist these days? Despite ongoing advisories and worldwide economic uncertainty, the...
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Stretching Your Dollars in a Foreign Land: Why Do Over 3 Million Baby Boomers...
Baby Boomers planning to retire are being lured abroad by affordable housing, modest costs of living, lower medical costs, and a host of other reasons. What’s truly driving them abroad? Money—or lack...
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Retiring Baby Boomers Will Challenge the Norm
There are 75 million baby boomers who are on the verge of retirement and for the next 20 years, 10,000 people each day will reach the age of 65. This unprecedented number of soon-to-be retirees will...
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How Do You Choose Where to Live Overseas?
Depending on a person’s desire, from cheap living in Cuenca, Ecuador, to Panama’s top-of-the-line healthcare, and San Jose, Costa Rica’s family friendly enviroment, choosing an overseas location can be...
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Central America Expects 9 Million Visitors in 2012
The Central American Tourism Council expects upwards of nine million tourists to the isthmus this year and says in excess of ten million visitors will come in 2013. Original Article Text From Radio...
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Wealth Doesn’t Trickle Down – It Floods Offshore
A far-reaching new study suggests a staggering $21 trillion in assets has been lost to global tax havens. If taxed, that could have been enough to put parts of Africa back on its feet – and even solve...
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Where Did They Go? 10 Civilizations That Vanished
For almost as long as we’ve had civilization, we’ve lost it. Why did people abandon these once-thriving cities, agricultural centers, and trade routes? Often, the answer is unknown. Here are ten great...
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What Mexico Can Teach Latin America About Tourism
While many Latin American countries struggle to grow their tourism numbers, Mexico has overcome the most common barriers to tourism growth and set high visitor entrance numbers in 2012. Original...
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Why Ignoring Investment Opportunities in Latin America Is Not Wise
A wealth of investment opportunities are being left on the table as Asian countries garner the majority of the world’s global growth and investment attention. The reduction in poverty and rise of the...
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Guatemala Ponders Its Tourism Future
Now that the Maya doomsday date came and went on December 21, what’s next in the Guatemala tourism sector? Original Article Text From el Periodico via Google Translate : “After Bak’tun Must be...
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Belize Tries to Shake Its Tax Haven Title
Belize’s Prime Minister told political leaders at a recent G8 meeting that his country was making great progress toward ditching its Tax Haven title. Original Article Text From BBC: The world’s...
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What Do You Know About Belize’s Retirement Program?
The Caribbean English-speaking country of Belize is seeing an increasing expat population as retired people are moving there to benefit from the nation’s retirement incentive program. Original Article...
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7 More Tax Agreements for Costa Rica
The deal with Nordic countries aims to improve financial transparency and Costa Rica’s once notorious image as a tax haven. Original Article Text From Tico Times: Costa Rica approves seven more...
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5 Green Reasons Costa Rica Is the Poster Child of the Environment
Costa Rica is the poster child for progressive change. Here are five reasons why it rocks for its people, the environment, and its animals. Original Article Text From One Green Planet: 5 Reasons Why...
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