[HTML1]Alvaro Cabal Lachman has been involved with architecture, engineering, construction, real estate development and business consulting in Panama and the United States since 1993. He has worked for major influential companies, such as Cable & Wireless, which made Panama a telecommunications hub between North and South America, and CH2MHill, which currently manages the Panama Canal Expansion. In 2009, Alvaro founded Nearshore Developments, an international real estate development consulting firm. In 2012, he founded the United States – Panama Business Council West, which he currently runs, promoting business and investment between the two nations with an emphasis on global trade. Alvaro joins Speak Up! to discuss the benefits of California companies doing business with Panama, as well as how the United States – Panama Business Council West will be participating in the Monterey Bay International Trade Association’s (MBITA) upcoming California Meets Panama Global Trade Connection Conference. WomensRadio is excited to be a Media Partner for this upcoming Conference, which will be held on June 22nd, 2012 at the San Jose City Hall Wing Building in San Jose, CA.
Click Here to Attend MBITA’s Conference!
With all due respect, I lived in Panama for three and a half years. Be very careful who you deal with.
I can tell you horror story after horror story of high integrity Americans, Canadians, Europeans, and South Americans who have lost hundreds of thousands of dollars to liars, cheats and thieves. The court system is no help. Panamanians usually win regardless of the facts. The words in legal documents are meaningless, so don’t assume that the other party is going to do what they tell you they’re going to do – all with the biggest, kindest smiles on their face.
I made the mistake of investing in a development where the builder with whom I contracted breached our contract, then tried to extort money out of me to let me finish with someone else. This outrage was followed by defaming me throughout the community. The house remains uncompleted, because my attempts to complete it have been blocked at every turn. My dream home turned into a nightmare where I could easily lose my entire investment, simply because I have not been willing to enable this outrageous conduct.
Yes, of course, there are high integrity Panamanians, but watch your back in each and every transaction.
Yes of course this happens in the world today. Thank you for relating to us your bad experience. I am sorry this is happening to you now. I am sure when you complete your house it will be very valuable and your investment worth your time and effort. All big deals are challenging, specially planning, building and developing successfully. Otherwise everyone would do it.
And with all respect, Dr. Janet, the situations you describe happen in the most developed countries as well. It is an unfortunate phenomenon of the world, especially in recent years. That is why it is important to build establish good relationships and friendships with good people you do big deals with. One suggestion is that you join and meet us at the Global California Conference coming up next week. http://uspaw.org/events/global-california-conference-2012/