Trump Ocean Club's Reasons for Being in Panama
Growth and economic stability, legal security, fiscal incentives, liberal immigration policies, the 2006-2008 real estate boom and the fact that hurricanes avoid it.
Friday, August 6, 2010
Six months after the first completed units were handed over to their new owners, the creation of the project that gave life to Trump Ocean Club and its sail-shaped tower is the subject of an interview by AméricaEconomía.com with the Panamanian developer, Roger Khafif, president of K-Group and Trump's partner in the project.
A real estate company has filed a lawsuit against the developer for breach of contract.
The $400 million real estate project “Trump Ocean Club”, is slated to be ready by early 2011.
The developer of the Trump Ocean Club is building a beach club on Isla Viveros in the archipelago of Las Perlas.
The structure of 284 meters, the highest in Latin America, was inaugurated on Wednesday in the presence of Donald Trump and President Ricardo Martinelli.
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