
Panama is the ideal place to choose as a tourist and retirement destination. There is a lot of things that can be done, a lot of things to change for a better way of life, and also it is a land full of beautiful scenes, full of business opportunities and of course a very nice place to live these years of our lives. Panama has a lot more to offer than you might expect, and will fulfill all your dreams and needs. There are many reasons why going to Panama:
Affordable Living
One thing that makes Panama attractive to foreigners is the low cost of living in comparison with most other developed countries such as the U.S., Canada, Europe,etc. Panama is a “Tax Friendly” country where foreign earned income, capital gains, and interest income is not taxed. The Colon Free Trade Zone is the second biggest “Tax Free” shopping destination in the world after Hong Kong, and is the largest distribution center in South America. And as a result, products sold there generally have very low costs and are subject to an average inflation of just 1% to 2% annually.
Enchanting Nature and Lifestyle
Nature-lovers will be thrilled by the diversity of landscapes in Panama. You can spend an afternoon lazing on the quiet beaches or venture into the mysterious mountains and tropical rainforests. Or perhaps a day in the capital city shopping for exotic items and visiting museums. Visit Native Indian Villages for a culture trip in the rainforest. They are reached by boat and trekking and tours can be arranged by guides. There is more and more ecological tour alternatives available. For night entertainment, you can join the wild partying down town or have a romantic dinner at an exclusive restaurant.
No Major Natural Disasters
While most South American countries are prone to natural disasters, Panama is strangely not in the track of hurricanes and earthquakes. Its unique climatic and geographical conditions protect it from natural disasters.
Comfortable Weather
Along the coastline, the temperature is mostly warm all year round. But if you wish for a change sometimes, you can go to the mountainous areas where the temperature is much cooler.
Low Crime and Disorder
Compared to many countries in the world, the crime rate in Panama is very low because the local culture encourages peace and amiability. It is also one of the most politically stable democratic republics in South America, and there are no political disorders there.
Central Location
The central location of Panama makes it the point of transit for many airlines traveling to countries in South America. By flight, Panama City is only 2 hours from Miami and direct flights to other major cities in the United States are also available.
Investment in Real Estate
Panama is also an ideal place for investment, especially in real estate. It is a much undiscovered destination for real estate investors. Panama is a country where real estate is still affordable in the city or land at the beaches, mountains, lakes, etc. And speculations have it that real estate in Panama will still continue to grow in the coming years.
World-Class Medical Facilities
In Panama, health and medical tourism is growing rapidly, mostly because the medical professionals are well-trained abroad, bilingual and board-certified, and medical facilities are highly advanced. Medication and consultation fees are also very affordable.
First World Infrastructure
Panama has a cosmopolitan capital city with well established communications infrastructure. Top-class hotels, restaurants and shopping malls are representations of its great affluence.
Welcome to Panama
The government of Panama is constantly making efforts to promote tourism and establish the country as the favourite tourist destination in South America.
With so many points of attraction, no wonder Panama is fast becoming a popular destination for both tourists and retirees. Experience the great promise of Panama and discover the enchantment that awaits you.
Publish on 21.01.2009