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Home Why Panama

Why Panama

  • The name Panama in native language means abundant fish.
  • Panama has the most stable democracy in Latin America and is home to 3 million friendly, hospitable people.
  • Panama is called the “Miami of the South”, however more English is spoken in Panama than in Miami.
  • Several cities in the U.S. offer direct service to Panama, which is closer to Miami than New York City.
  • Panama has the highest rating for tourism safety.
  • The currency is the U.S. dollar.
  • Affordable cost of living, with the costs of goods and services a fraction of the price of North America or Europe.
  • Panama is safely out of reach of hurricanes, most earthquakes, blizzards, and other natural disasters: Substantial savings on homeowners insurance.
  • Panama City: Ultra modern oceanfront. One of the worlds most stable; banking industries with more than 150 banks.
  • Panama’s banking laws prohibit reporting to foreign governments. True private banking and asset protection.
  • Panama has been rated the “Best Place To Retire” the past 5 years by International Living magazine.
  • The “World Class” Retiree Program (Pensionado) affords generous discounts on physician fees, hospitals, RXs, restaurants, hotels, airlines, land transport, movies, and entertainment.
  • Panama features superb health care system with local hospital affiliations with Johns Hopkins and the Cleveland Clinic and a large number of U.S. trained physicians.
  • Panama City: Florida State University. and University of Louisville campus.
  • There are no property ownership restrictions as foreigners and locals enjoy the same property rights.
  • The best roads, electrical grids in Latin America, modern hi-speed Internet service and international cable and satellite TV.
  • 20-year property tax exemptions on new homes and condos.
  • Panama City is a safe metropolis with modern shopping malls, international service and international cable and Sat. TV. restaurants, nightclubs and casinos.
  • Panama’s duty free zone is second only to that of Hong Kong.
  • Panama is the only place in the world where a beer costs less than a soft drink.
  • The Specialty Coffee Association Conference awarded Panama the first prize for 2006!
  • Panama is home to the “Eighth Wonder of The World”.
  • The Canal is undergoing a multi-year, multi-billion dollar expansion that will create thousands of jobs and will increase the utilization and revenues of the waterway.
  • Donald Trump’s project on the Panama City waterfront, will be “the most substantial residential/ hotel/ casino complex in Latin America”.