About Panama

The Republic of Panama is considered one of the best places to live, thanks to its high quality of life. This neck of land, with shores both in the Caribbean Sea and the Pacific Ocean, separates Central America from South America and it's known by its pleasant tropical climate and its great geographical diversity, from white sandy beaches, rivers and lakes of crystal-clear waters, to exuberant jungles, tropical forests and mountains. Thanks to its geographical position, it's safe from hurricanes and intense earthquakes.




But Panama not only offers natural wonders and adventure. Apart from the rich cultural heritage of its native tribes, its cuisine and the kindness of its inhabitants, there are also properly functioning infrastructures that make daily life easier, such as access to the latest technologies, like cable, Internet and mobile telephone services, as well as numerous benefits in the fields of healthcare, education and public safety (the crime rate is low, even during nighttime hours).

Panama City, the country's capital is a cosmopolitan and modern city of skyscrapers that features a sophisticated business district which has led to comparisons with Miami. There are numerous culture and entertainment options that include restaurants, theaters, night clubs, casinos, and other attractions. The city is also a shopper's paradise: it offers a wide selection of products at highly competitive prices and with top quality. Let's not forget the many domestic and international banks and companies that make it a first-rate financial center that's still in expansion and has a promising future.



To all these advantages, we must add the financial health that the country is enjoying at the moment. With a stable government and an open economy based on the service industry – in which the Canal represents a major income source –, Panama offers interesting investment opportunities in the real estate sector, thanks to a low inflation rate, low cost of living, favorable banking laws for offshore business, investment incentives, and a low level of interference from local authorities. The Colon Free Trade Zone, located less than an hour's drive away from the capital, is the largest free zone in the world.

Panama offers interesting investment opportunities, thanks to special laws that support these operations. But it's also a great place to live. Indeed, it's considered one of the best places in the world to live out your retirement years, according to prestigious publications such as Fortune, Modern Maturity and Condé Nast Traveller. In the last few years, it has replaced other destinations as a place of choice. The reasons behind this include the aforementioned ideal conditions, along with government policies that protect the quality of life of pensioners and retirees and make their lives easier: ticket discounts in entertainment venues as well as discounts in restaurants; discounts in bus, train, boat and plane fares; discounts in medical visits, hospitals and pharmacies; discounts in professional services, in commissions involved in the processing of loan applications and in the maximum interest rate for mortgage loans; tax exemption in some cases; discounted rates in electricity, telephone and water bills. Without a doubt, a paradise for the elderly.