"Even though developers and real-estate professionals suspect many of these units are bought with illegal funds, they realize their projects may not be successful without that support." How secret offshore money helps fuel miami‘s luxury real-estate boom (Miami Herald)

Estimations are of an increase of 10.5% for 2016 and 14% for 2017, after a 7% increase was registered in 2015, compared to the previous year. In January 2016 alone, the number of new buildings in the main districts of the country amounted to 448, ". with a value of around 161 million Balboas, with a positive impact in the districts of Panama, San Miguelito, La Chorrera and Arraijan, where.

Watch how a real-life Grinch’ steals Christmas decorations from South Florida homes Yesterday, police released surveillance video — complete with cartoon images from Dr. Seuss’ How the Grinch Stole Christmas– of two people stealing decorations outside a row house. The thefts.

That’s a drop in the ocean of Miami’s luxury market. But Mossack Fonseca is one of many firms that set up offshore companies. And experts say a lack of controls on cash real-estate. money through a.

YouTube After nearly three years on the lam, Italian fugitive Giuseppe Donaldo Nicosia – whose lavish spending of allegedly stolen money was laid bare in the. Nicosia turned to the secretive world.

But mostly the firm helps corporations and the super rich stash their money, by the bushel, in offshore tax havens. phantom buyers pay real estate taxes based on the full value of their.

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Miami Herald: How secret offshore money helps fuel Miami’s luxury real estate boom miami herald: panama papers: Secret offshores trace back to Brickell condo featured on Miami Vice’.

A huge data leak from a Panamanian company that created shell companies for corrupt real-estate deals could help end Miami’s latest boom cycle.. Luxury Condo Boom Could Be Doomed by Data Leak.

The dirty secret of Miami’s latest luxury condo boom? Some of those sky-high penthouses. be just the tip of the iceberg when it comes to funneling shady money into Miami luxury real estate. Today.

How secret offshore money helps fuel Miami’s luxury real-estate boom April 03–At the end of 2011, a company called Isaias 21 Property paid nearly $3 million — in cash — for an oceanfront Bal.

The Miami Herald has a few stories related to Miami, Brazil and Mexico: 1) How secret offshore money helps fuel Miami s luxury real-estate boom 2) Brazil s former top judge hid price he paid for Miami condo 3) A well-connected Mexican tycoon stashes a fortune overseas. and teases the stories that are yet to come:

Aug 29, 2013- Newsrooms Going Through change (pre-move photos Taken April 22-25, 2013). See more ideas about Miami, Satellite phone and Corporate run.