You cannot loan money to anyone in Panama if you expect to be repaid.
You cannot rent to anyone in Panama if you expect to be paid the rent.
You cannot loan your car or scooter or bicycle to anyone if you expect it to be returned. Possession is 9/10ths of the law here.
You must supervise workers extremely closely.
You cannot prepay for services.
You cannot depend on anyone.
You must assume that a price quote is high because of your nationality.
Panamanians will always tell you what they believe you want to hear.
Yes could mean no, no could mean yes.
Time means nothing here.
Your word will be taken with a grain of salt.
Verbal or written contracts are not enforceable and are changed when possible, usually when it is in the Panamanians advantage to do so.
Integrity and reputation is not important here.
Customer satisfaction is not important nor is it a factor in business dealings.
Always realize that it is your fault.
When one realizes and accepts these rules it is much easier going.
Poller


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