Ten Reasons Why You Should Go To Panama

Affordable Living

One thing that makes Panama attractive to foreigners is the low cost of living. For rental or purchase of property, Panama offers many attractive living quarters at very affordable rates. The Colon Free Trade Zone in Panama 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. For night entertainment, you can join the wild partying downtown or have a romantic dinner at an exclusive restaurant.

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 and the value of property there is still very low. And speculations have it that real estate in Panama will skyrocket in the coming years.

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 ½ hours from Miami and direct flights to other major cities in the United States are also available.

World-Class Medical Facilities

Medical facilities in Panama are highly advanced and there are English-speaking doctors to attend to the needs of foreigners. 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 favorite tourist destination in South America. They also have created many Panama residency and citizenship programs for those looking to immigrate.

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.

Smythe Bradley is an expat living in The Republic of Panama. He has published many articles on offshore asset protection in panama, panama visas and residency, as well as many other expat issues.

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