Panama City Rises—When, Where and Why to Buy

Panama City Rises—When, Where and Why to Buy

Get ready to buy in Panama. Right now, Panama’s economy is on a tear. Panama City and much of the countryside has been transformed since I first scouted real estate opportunities here nine years ago. A $5.25-billion expansion of the canal is well underway, $1.9 billion is being invested in a new city-wide metro system, and two Panamanian ports, Balboa and Colón, were Latin America’s two busiest last year.

Arequipa: Off the Beaten Path in Peru’s “White City”

Arequipa: Off the Beaten Path in Peru’s “White City”

I first visited Arequipa more than 20 years ago. Since then, Peru’s “white city” has lingered in my memory. I vividly recall the taxi drive into town from the airport back then. The day was warm, dry and sunny, and I saw the perfect cone of El Misti rising in the distance. Alone on a vast plain, the volcano dominated the skyline of the city’s Spanish-colonial heart.