Newsletter #95
January 15, 2008


The Web's Only Peer-Reviewed Panama Newsletter
#95 Property Tax, Fishing Gamboa

Property Tax Exoneration Extended

Here's some good news if you are planning to buy or build a home in Panama. An extension of the 20-year property tax exemption for apartments and houses has been approved. The property tax exemption had expired in August. I doubt that the stories on the newsgroups claiming that anyone with a building permit issued before December 31, 2009 will be eligible are true. The proposed legislation was for those with occupancy permits before December 31, 2009. Clarification on this as soon as I have it.

Geezer's PRT

The scheduled January Geezer's Physical Readiness Test (Newsletter #92) has been rescheduled for the last Sunday in February because of a family conflict.

At Last! A Hummingbird

At higher altitudes, Hummingbirds are thick. Here in the city at sea level, they are much less common, and over the years we've had only an occasional glimpse of them. We've tried many times to attract them with feeders, without success. Finally, more than two months ago, I got tired of changing the unsipped nectar and just left the feeder in place. To my surprise about a week before my birthday, the level in the feeder started dropping, and as a wonderful birthday gift, I finally spotted a Hummingbird at the feeder. He's now a daily visitor and, being very territorial, he sits on the fence jealously guarding his private restaurant. Once I saw two of them, one aggressively chasing the other. I love these little guys and plan to put in a second feeder. Maybe my little tyrant won't be able to guard two of them at the same time.

Tourist Cards

Proving once again that change is the only constant, Panama has returned to the 90 days, extendable to 180 days, standard tourist card for US and Canadian citizens.

Fishing Gamboa

Here I am, all tuckered out again. I planned to write about my Sunday fishing trip on Monday, but getting up at 5:00 AM and spending a large part of the day on Gatun Lake took a lot more out of me than it used to, so I'm writing this on Thursday.

I met John and David at the Gamboa boat ramp at 7:30 and was pleasantly surprised to find that ACP is doing a nice job of keeping the launch facilities in good shape. It’s been several years since I last fished out of Gamboa and I was expecting deterioration, not the well maintained and clean area we found. Kudos to ACP.

We were soon underway in David’s new 21 ft center console with twin Suzuki 4-stroke outboards.. The boat is very nicely done and outfitted with VHF radio, GPS, and color depth sounder, but I didn’t recognize the manufacturer’s brand name. David told me it was built in Veracruz, which was also a pleasant surprise.

We had to lower the top to get under the Gamboa bridge, because the lake is at its maximum level, but were soon moving at a good clip down the channel. We first visited one of my favorite fishing spots, but there was just no activity there. Then we went behind Barro Colorado Island and despite trying many promising looking spots, had very little luck, and most of what we caught was quite small. I've noticed a trend to ever smaller sized fish since the canal turnover. I blame this on the very light fishing pressure since the Zonians and soldiers left. In the old days, it was no great trick to fill a cooler with 1 to 3 pound fish. Today, the average size is under a pound.

Nevertheless, it was a good day on the water, marred only by John losing his fishing hat on the way back. Fortunately his head wasn’t in it when it sank.


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