BENEFITS OF LIVING IN PANAMA

• The US dollar is the nation’s legal currency - There is no need to worry about currency fluctuations.
• Panama is the financial capital of Latin America - 130 banks benefit from the countries favorable bank regulations and confidentiality laws.
• The Real Estate boom makes the most of the generous 20 year property tax exemption law.
• No Currency restriction regulations - There should be no restrictions on the movement of funds in or out of the country.
• Panama has a democratically elected government and maintains political and socially stable. They enforce laws that guarantee equal rights for national and foreign investors alike.
• The government encourages Panama’s growth. With the expansion of the canal the nation is a hub for large businesses and corporations.
• Outstanding retiree (“pensionado”) benefits and discounts for those holding a retiree visa or status.
• Excellent health care - Panama city is home to numerous top hospitals with a branch of Hospital San Fernando open in Coronado (5 min drive from Bahia Resort)
• North American standard of infra-structure with excellent roads and toll ways.
• Free from natural disasters - The geographical position means that the Pacific Coast is free from major natural disasters. It is the only country in Central America that is absolutely hurricane-free and has none of the destructive earthquakes that affect its Latin American neighbors.
• Wonderful year round tropical climate - An average year round temperature of 75-95 degrees farenheight. The dry season is Dec-Apr and the rainy season May-Nov. In Panama it tends to rain more in the highlands and Panama City than it does along the coastline.
• Superb safety and security - Panama is the safest country in Latin America according to the prestigious Pinkerton Intelligence Agency.
• Low cost of living - Panama's cost of living is much lower than in the US, Canada or Europe.
• Relaxed laid back lifestyle. On the coast traffic jams do not exist and people embrace this stress free tropical way of life.
• Foreigner friendly - Though Spanish is the official language, many in the service industry speak English, mainly because it is taught in school.
• Panama is tourist friendly. Panamanians are some of the friendliest people in the world. They are known for their peaceful, get-along and fun loving nature. As a result of the 90 year presence of Americans in the Canal Zone, Panamanians understand and appreciate Americans. Thousands worked with Americans in Panama and studied in the United States.
• First class telecommunications -  Broadband Internet and cable/satellite TV.
• International level of education - Panama city has top bilingual schools and there is a new international school in Gorgona close to Bahia.
• Inexpensive regular flights by the world s top airlines – Panama has become a hub for maritime and air travel serving world trade, personal and business trips, as well as being the number one paradise for investment, tourist and retirement purposes.
• Diverse travel and tourism opportunities - Panama has over a thousand islands in both the Caribbean and Pacific Oceans, cool highlands covered with forests, the Panama Canal an engineered wonder, award winning coffee farms, the most accessible pristine jungle and rainforest anywhere, colonial sites that never disappoint the history lovers and a capital city with an easy cosmopolitan living and a non-stop night life.