Why Panama is a great place to retire or invest, buy a home, build a retirement community, save taxes, get great affordable healthcare and just generally enjoy the good life.

Video: Living and Investing in Panama

Panama is undergoing a modernization that is unprecedented in its history. Since receiving control of the Panama Canal from the United States in 1999, Panama has assumed a new and exciting role in Central America. Blessed with a stable government friendly to foreign investment and immigration, the country is catching the attention of people from around the world looking for a tropical climate, modern cities and infrastructure, and a sound financial base.

Using the United States Dollar as its currency, Panama enjoys a stable economy with inflation rates less than 2% coupled with low unemployment. It offers a favourable investment environment with many tax advantages for both foriegn and Panamanian investors.

Panama boasts an emerging economy going full blast at 8.9% and expects to close the year at 9.5% according to experts on this matter. The nation has been positioned as the next candidate in Latin America with a +1 rating by international entities. This means that Panama will be at the same level of Mexico and Chile competing for international foreign investment with "low risk". This nomination will be given most likely the first quarter of 2008. This of course is very attractive for commercial and residential investment since interest rates will be low. In fact, many transnational organizations such as Hewlett-Packard, Procter & Gamble, Singapore Port, Singapore Technologies, etc. have decide that Panama the best destination for opportunity in the region.

The banking system is very strong with more than 75 banks, 33 of which have international licenses, 40 with general license, two local government banks and others in the process of approval. For more than 100 years Panama has used the US Dollar as it currency which give us an enormous advantage and experience working this currency in the Latin America region and the world in general. VIDEO DE PMA

There are a few highways that are being expanded and being constructed at this moment. There are two highways that border the City, SOUTH HIGHWAY (Corredor Sur) which in the South Pacific bordering the coast and NORTH HIGHWAY about two miles further north. These two highways will connect providing a City Belt infrastructure to have better traffic circulation around and through Panama City. There is another highway that goes from EAST to WEST call PANAMERICANA. Approximately 500km in length it is part of the highway linking South America with Mexico and North America. Last but not least, there is the Highway Panama-Colon (NORTH SOUTH) connecting the two oceans in 40 minutes. This project is under construction, only the first 13km have been built so far.

4. Last year's October referendum for the expansion of the PANAMA CANAL received 85% approval by Panamanians and as of September 2007 they have begun construction of this amazing economical driver. This project, requiring world-class engineering and construction expertise will bring $5.2 Billon USD to the Panamanian economy in addition to all the macro economical effects in the next 10 years of construction. It is expected a workforce of more than 10,000 people will be required to complete the project.

5. Real Estate and construction is the number one driver of the Panamanian Economy at this moment. It has been estimated there will be $10 Billion USD investments the following 5 years.

6. There are other projects under negotiation or approved, such as the Energy Park and Howard City which represent more investment than the twice more expansion of the Canal.

7. With all these challenges Panama is blessed with a low crime rate and is located outside the Hurricane and the Earthquake zone.

8. The Panama City area has 10 hospitals with world class state of the art technology. One of them in Punta Pacifica is affiliated with John Hopkins Hospital from Houston.

9. The cost of living is very low compared to USA and Canada. A couple retiring with a monthly budget of $2000USD can manage to have two cars, a maid, make the mortgage payment, and eat well besides. Also, with this same budget one could easily go once a week to a good restaurant.

10. In terms of beach resorts most of them are beginning to be discovered in the South Pacific at this moment there is not to much development in the Atlantic. General speaking we have more than 2,500Km in beaches including both oceans. The best places are one hour from the city and this is where we have the best of the best MALIBU BEACH PARK AND RESORT offering full set of amenities. This project is in the early stages of construction allowing us to have a great opportunity of investment.

Video: Living and Investing in Panama Panama is undergoing a modernization that is unprecedented in its history. Since receiving control of the Panama Canal from the United States in 1999, Panama has assumed a new and exciting role in Central America. Blessed with a stable government friendly to foreign investment and immigration, the country is catching the attention of people from around the world looking for a tropical climate, modern cities and infrastructure, and a sound financial base. Using the United States Dollar as its currency, Panama enjoys a stable economy with inflation rates less than 2% coupled with low unemployment. It offers a favourable investment environment with many tax advantages for both foriegn and Panamanian investors. Panama boasts an emerging economy going full blast at 8.9% and expects to close the year at 9.5% according to experts on this matter. The nation has been positioned as the next candidate in Latin America with a +1 rating by international entities. This means that Panama will be at the same level of Mexico and Chile competing for international foreign investment with "low risk". This nomination will be given most likely the first quarter of 2008. This of course is very attractive for commercial and residential investment since interest rates will be low. In fact, many transnational organizations such as Hewlett-Packard, Procter & Gamble, Singapore Port, Singapore Technologies, etc. have decide that Panama the best destination for opportunity in the region. The banking system is very strong with more than 75 banks, 33 of which have international licenses, 40 with general license, two local government banks and others in the process of approval. For more than 100 years Panama has used the US Dollar as it currency which give us an enormous advantage and experience working this currency in the Latin America region and the world in general. VIDEO DE PMA There are a few highways that are being expanded and being constructed at this moment. There are two highways that border the City, SOUTH HIGHWAY (Corredor Sur) which in the South Pacific bordering the coast and NORTH HIGHWAY about two miles further north. These two highways will connect providing a City Belt infrastructure to have better traffic circulation around and through Panama City. There is another highway that goes from EAST to WEST call PANAMERICANA. Approximately 500km in length it is part of the highway linking South America with Mexico and North America. Last but not least, there is the Highway Panama-Colon (NORTH SOUTH) connecting the two oceans in 40 minutes. This project is under construction, only the first 13km have been built so far. 4. Last year's October referendum for the expansion of the PANAMA CANAL received 85% approval by Panamanians and as of September 2007 they have begun construction of this amazing economical driver. This project, requiring world-class engineering and construction expertise will bring $5.2 Billon USD to the Panamanian economy in addition to all the macro economical effects in the next 10 years of construction. It is expected a workforce of more than 10,000 people will be required to complete the project. 5. Real Estate and construction is the number one driver of the Panamanian Economy at this moment. It has been estimated there will be $10 Billion USD investments the following 5 years. 6. There are other projects under negotiation or approved, such as the Energy Park and Howard City which represent more investment than the twice more expansion of the Canal. 7. With all these challenges Panama is blessed with a low crime rate and is located outside the Hurricane and the Earthquake zone. 8. The Panama City area has 10 hospitals with world class state of the art technology. One of them in Punta Pacifica is affiliated with John Hopkins Hospital from Houston. 9. The cost of living is very low compared to USA and Canada. A couple retiring with a monthly budget of $2000USD can manage to have two cars, a maid, make the mortgage payment, and eat well besides. Also, with this same budget one could easily go once a week to a good restaurant. 10. In terms of beach resorts most of them are beginning to be discovered in the South Pacific at this moment there is not to much development in the Atlantic. General speaking we have more than 2,500Km in beaches including both oceans. The best places are one hour from the city and this is where we have the best of the best MALIBU BEACH PARK AND RESORT offering full set of amenities. This project is in the early stages of construction allowing us to have a great opportunity of investment.
*Other Projects In Panama* Crystal Tower River Club House: Incredible views of the Chame River and Mountain. Hotel Resort: 200 comfortable rooms with all the upscale amenities. Hi-speed Internet, conference facilities, restaurant and bar. Spas, saunas and swimming pools, all surrounded by extraordinary natural beauty. Services: 24 hour medical assistance Driving Range Professional Property Management
Catalogued as one of the fastest-growing countries in the region, Panama offers the opportunity to live in an ecosystem of natural beauty and undiscovered paradises with all the comforts of a modern metropolis. Panama is, for this and many other reasons, one of the most attractive spots in the world to vacation, retire or invest. We invite you to discover a project unlike any other, a project that has the best of what Panama can offer. Call us in Canada Toll Free at (877) 686-4215