About
Panama
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.
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