SIMPLY STATED – PANAMA HAS A GREAT DEAL TO OFFER
Many people just like you are looking very seriously at Panama as both a place to invest and live. They are considering investments here because Panama is one of the few countries that are projected to have economic growth in the next few years. In fact, the most recent studies project this growth at a very healthy 7.8% for the next year. They are looking at Panama as a place to live because of its low cost of living and lifestyle opportunities. It is very inexpensive to live in Panama and the country has first world healthcare and infrastructure. It is also a natural wonderland and sportsman’s paradise offering amazing bio-diversity, fishing, diving, hiking, bird watching and all manner of outdoor activities.
PANAMA HAS NO HURRICANES OR MAJOR EARTHQUAKES
Panama is absolutely hurricane-free due to its location near the equator. Panama is also fortunate in that it does not suffer the disastrous earthquakes that affect its neighbors to the north. As such, property investments are safe and your quality of life is protected.
PANAMA IS SAFE
Panama, unlike many neighboring countries has a very low crime rate and most crimes are non-violent. Like anywhere else you should always exercise caution when you are in areas you are not familiar with, but you will find the people to be extremely friendly and helpful.
PANAMA IS A DEMOCRATIC COUNTRY
Panama ‘s constitution is modeled on that of the United States and guarantees due process. Thus, Panama is a country where the law is respected and investments are safe. You will find government workers and representatives eager and willing to assist you with starting a new life or going into business.
PANAMA WANTS FOREIGN INVESTORS
Unlike many nations of the world who frown on foreign investment, Panama encourages it. Many incentive programs have been created to attract businesses and Panama offers the best retirement program in the world today with discounts and savings of up to 50%.
PANAMA IS ACCESSIBLE
With its location in Central America, Panama is within a few hours of the major cities of the western world. In the US alone, direct flights are available from Atlanta, Dallas, Fort Lauderdale, Houston, Los Angeles, Miami and New York. Amazingly, flights from south Florida can be had for under $100 at certain times of the year or when low cost carriers offer specials.
PANAMA HAS THE US DOLLAR AS IT’S CURRENCY
The US dollar is the official currency of Panama. There is no need to worry about exchange rates and doing business is simple.
PANAMA HAS INCREDIBLE BEACHES AND ISLANDS
With two coasts and countless islands and beaches, there is much to choose from if you are looking for a beach vacation.Â You’ll find world class beach resorts as well as exotic and romantic island getaways.
PANAMA HAS A FIRST WORLD INFRASTRUCTURE
Panama City is a first world city with a highly sophisticated business center and a banking sector with over 100 multinational banks. In fact, it is second only to Switzerland in international banking.
PANAMA HAS WORLD CLASS RESTAURANTS & ENTERTAINMENT
There are hundreds of great restaurants in Panama City and the nightlife is beyond compare. Bocas del Toro also sports amazing dining and entertainment opportunities largely due to the number of foreigners who have chosen to live there. The newsletter of the AARP (American Association of Retired Persons) recently stated that Panama has a first-world infrastructure of roads, business services, medical care and telecommunications.
PANAMA IS AFFORDABLE
Panama has begun to promote itself as a world class tourism destination and yet, the prices of quality vacations are highly affordable – especially in outlying areas like Bocas del Toro. Furthermore, Panama’s cost of living is a fraction of that found in the United States and other developed countries. Food, household supplies and clothing are remarkably inexpensive as are rent, dining out and first world medical services. In most coastal areas like Bocas del Toro a fantastic dinner with grilled lobster, coconut rice, fresh salad and plantains costs less than $12.
PANAMA IS THE PLACE FOR ECOTOURISM TODAY
Panama’s position as a narrow land bridge connecting two continents has endowed it with some of the world’s most pristine and bio-diverse rainforests. Much of this rain forest land is in national parks that cover over 5 million acres of the country. Amazingly, some of the best locations for exploration are less that an hour away from the capital of Panama City and many are in truly beautiful coastal areas.
PANAMA HAS WORLD CLASS FISHING, DIVING, SNORKELING AND SAILING
One area in Panama, Pinas Bay, holds more than 170 International Gamefish Association world records that’s more than any other place on the planet. There are five world class diving areas: Coiba Island National Marine Park, the Perlas Islands, the Bocas del Toro archipelago, the Portabello area and for historical diving, the Panama Canal.
PANAMA IS TOURIST FRIENDLY
Panama has exploded upon the world tourism scene. Customer service issues throughout the country are far above other areas in the region and you will find world class hotels and resorts as well as eco-lodges that cater to your every desire. You will find satisfactionÂ at all levels, especially in Panama City, Boquete and Bocas del Toro.