Mercer's Human Resources Consulting 2007 survey results.
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Asset Protection, Offshore Banking, Offshore Bank Account
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Introduction-The results of the survey conducted in 2007 for conducting human resource consulting. These are surveys that assess cities according to the specific criteria you choose to use. They use New York as a baseline of 100 ratings for the survey. The cities that come under it are worse and better than that. Mercer is a source of respect for this information.
Panama Rank for Quality of Life-Mercer uses 39 criteria to determine the quality of life. These criteria include social, economic, crime, police, banking, currency and related controls, government censorship, personal freedom, medical facilities, doctors and pharmacies, education, transportation, public services, weather, these are Although not a factor, it is not based on the number of bars, restaurants, baseball fields etc. It is no surprise that Baghdad is the worst city with a score of 14.5 in this survey. Zürich beats the number one spot for a score of 108.1 and quality of life and Geneva is close to a score of 108. Vancouver and Vienna follow the score of 107 tied to third place. Panama puts it in the 92nd place with a score of 82.9. So, Mercer feels there are 91 better cities.
Reference 74 is the 74th place that came with a score of 90.2 to give for the Budapest frame. Detroit came in with a score of 64. 96.1. Pittsburgh came in at a 52nd place with a score of 99.7 giving it. The crazy thing that still came with a score of 98.3 is to give it 55th place. Detroit, Los Angeles is a very dangerous place. Their homicide and violent crime rates are breaking through the roof. In certain sections of Los Angeles, the police go to call in groups of four squad cars. They have a bad smog. Their cost of living is insane at many homes selling for over $ 3 million. Their traffic jams are world class. Their public schools are bad and not safe. They have metal detectors and police at their school. Then we can get into drug addiction, gang violence and grow on the list. How the world was even more, this was a live beat to Haneda Airport-Narita Airport. So what Mercer thinking anyway?
Panama Cost of Life-Panama does not go to the top fifty most expensive cities to live in. In 2007, Panama ranked quite low from 124, 143. Sao Paulo and Rio de Janeiro are the most expensive cities in Latin America, with 62 and 63 locations. Asuncion Paraguay continues to hold place 143 as the cheapest place to live. Buenos Aires 139, Montevideo-Uruguay 140, Quito-Ecuador 141. Mercer conducts surveys using 200 different criteria such as husing, food, medical, transportation costs, etc.
Discussion-Panama has passed a housing boom. Most of the new homes are not yet completed or occupied. This means that they have not yet been included in the study. If one puts a deposit in the house that pays $ 3 500 square. Meter This is not a completed transaction, so it will not be included in the statistics on real estate prices that are based on actual sales, based on deposits These new projects will get a certificate of occupancy and we will Spike-up living expenses are displayed. Housing is generally the largest expenditure. This will then plague the cost of living index Panama.
Panama Real Estate: Eviction
Our law firm, Legal Panama, occasionally gets queries about Panama's eviction process for residential real estate.
It's tough. :
Asset Protection, Offshore Banking, Offshore Bank Account
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Introduction-Our law firm, Panama legal, occasional eviction queries get about the Panama process for real estate for housing. The following is a brief overview of the involved processes and timeframes. This is not legal advice, but an overview of what is involved.
Applicable Law-Law # 93 Date 1973 is a law that covers residential real estate leasing in Panama. Some leases excluded from coming under this law will be leases with the following attributes:
* Lease of rural real estate
* Lease of property in returned canal zone
-The rent is calculated by the day, such as the hotel, motel, bed and breakfast, lodging, inn etc.
* If the term including any existing renewal of the lease is less than 180 days, lease of the property mainly designated as a leave property
* A lease where the Panama government or its municipality is a party to the lease contract. However, if they appear on property or property owners in a rental agreement, you can take advantage of the leaving provisions of the applicable laws we are dealing with here.
Rental Value-If the residential property in question has an initial rent of more than $ 150 per month, the contract will pair up the rental increase as agreed by the parties to the lease contract
Lease Period-As long as the rental value exceeds $ 150, there is great freedom to choose the lease period. There may also be provisions for extending the lease term as well.
The tenant of the lease termination will be canceled and the written lease will be notified in writing within 30 days before the lease.
Security Deposits-Usually, Security Deposits equal to one month's rent will be returned at the end of the lease, unless the landlord files a claim for damages
Eviction Procedures-This is generally going to take 120 days. The collection of unpaid rent (if any) will take about 270 days. The legal process may take time if the court workload is high. It is not going to go any quick.
Conclusion-The eviction process is quite long. It will be longer in many other countries. There are abbreviated eviction procedures from several countries that are known for large numbers of homeless people. If you owe a representative, you should keep in mind that one day you may decide to leave Panama. Landlords will suffer if they do this discretely and pay rent for the last few months here. They may have their funds outside the country along with all of their assets. It confirmed that it had the effect. We do not know the assets and the secreted base and the company, and then attach it from immunity.
If you are a landlord and concerned about leasing to foreigners, contact our law office and we are legal and have some protection for you
If you are a landlord, do not engage in any self-resignation practice. Never turn off the electricity or water, never change the lock, you need to paint the front door or window on a Saturday night and remove them for paintings The borrower is against your lawsuit You can file requests and further extend the time frame for eviction. Seek a competent lawyer.
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