Real Estate
Cost of Living
Safety and Stability
Economy
Health Care
Geography
Climate
Infrastructure
People
Electricity
Colon Free Zone
Banking
Language
Timezone
Panama aspires to become the city with the tallest buildings in Latin America in the coming years. Real estate prices in Panama are inexpensive compared to other metropolitan cities. The labor and raw materials for construction are cheap and the local and international demand is growing because of a broad range of opportunities such as Fiscal and migratory incentives including: Panamanian offshore corporations, Private Interest Foundations and Property tax exemptions, among others.
Panama´s real estate market includes new developments on beaches and mountains.
To top
Panama has cheaper cost of living and all around less taxing than the U.S.A, Canada and Europe.
To top
The Republic of Panama is safer and more stable than any other Latin American country. Panama is a peaceful country with no military and is part of many important international organizations. Panama has the lowest crime rate in Central and South America.
To top
Panama 's U.S dollar based economy relies mainly on services due to its key geographical position. It is important to highlight that Panama's economy has showed to be stable.
The Panama Canal, Real estates, Colon Free Zone, insurances, ports, flagship registry , medical and health, and tourism are the main services.
To top
Panama has a first world health care system; including public hospitals and state-of-the-art private hospitals such as: Hospital Punta Pacifica, affiliated to Johns Hopkins Hospital (#1 AMERICA’S BEST HOSPITAL 2006, U.S. News).
To top
Panama is located in Central America, bordering both: the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica. The country has a wide variety of coastlines, landscapes and islands (aprox.: 1500).
Because of its strategic geographical position Panama is expected to become the region’s principal multi-modal logistics center in the coming years. This is supported by the operation of the Panama Canal, the largest Free Trade Zone in the Americas, important port infrastructure in the Pacific and Atlantic Ocean, a modern international and regional air hub for passenger traffic and cargo, and advanced telecommunications facilities.
To top
The Republic of Panama has a tropical weather with two seasons:
“Dry season” (January – May) and,
“Rainy season” (May - January).
Temperatures during the night are cooler, its annual estimation varies from 32°C (90°F) during the day to 21°C (70°C) in the evening. Temperatures on mountains annual average are less than these. Panama has a tropical fresh climate.
To top
Panama City is growing very fast . Public and private organizations are working in many projects to keep improving the country’s infrastructure.
Fiber optics telecommunication links and high speed Internet support the businesses activities. Its communication system and infrastructure are the equivalent of any first world nation.
To top
Panamanians are very friendly, respectful and tolerant.
To top
120 Volts, alternating at 60 cycles per second.
To top
CFZ is the lasgest free trade zone of the Americas and the second largest in the world just after Hong Kong. Representing one of the main part of the Panamanian 's economy
To top
Panama has a first world financial system led by an International Banking Center with 150 international banks. It is the second world 's largest banking system after Switzerland. Panama has what is considered the world’s most solid banking and corporate book secrecy system.
To top
Panama official language is Spanish , although many Panamanians are bilingual.
To top
GMT/UTC - 05:00 hour.
To top
