Giovanna Avendano Attorney Law firm Panama Offshore Legal Services

About Panama PDF  | Print |  E-mail
There are many reasons why Panama is fast becoming one of the most popular destinations for retirees around the world. Many prospective visitors arrive at their decision to move to Panama through a process of elimination. That is, individuals often go through a process of asking questions (like the ones below) about each and every country that might suit their needs.

Panama has a strong, stable democracy and a tradition of democratic electoral process. Most, if not all, of the vestiges of military dictatorship have been eliminated and forgotten.

Panama is a great place to live. In addition to a year-round tropical climate, two oceans, picturesque mountain villages, Panama Canal, jungles, islands, beaches and rivers, Panama has one of the lowest crime rates in this hemisphere.

Panama offers one of the most modern economies in Latin America. In addition to the U.S. dollar as its national currency, Panama enjoys very low inflation and zero foreign exchange risk. There are no controls or restrictions on capital repatriations. Panama has over 140 banks, and is an international center for finance, insurance and shipping.