Why choose Panama?
Panama is more than just a canal... it is definitely more of a way! The Republic of Panama is an international metropolis with a rich natural biodiversity where you can find a mixture of tranquil and developed cities.
In fact, Panama is a paradise for investment, enjoyment, shopping, serving paradise, and friendly people. The seven Indian communities still retain their millennial tradition. The canal serves the world between two oceans. A canal is considered to be the world's eight wonders. With some of the most famous international hotel chains, conference centers and sustainable ecological development, Panama is like this, and more!
Panama is considered to be the third best place in the world for retirement; the Republic of Panama is also considered to be the best place to live outside the combined industry. This is based on the revised "International Life" magazine and experts promoting the lifestyle of American citizens retiring abroad. The American Association of Retired Persons is a magazine for retirees. He also believes that Boquete and Chiriquí in the Republic of Panama are one of the four best locations for home away from home. The rating is given after ten key indicators, including safety, beauty, cost, climate, political stability, and more.
All locations in the Republic of Panama "World Center and Cosmic Center" are reliably accessible and can fly directly from the US, Europe, Asia and Latin America, with over 150 private banks, commercial centers where you can get the best international prices Buy or sell any type of product. Panama is a business empire!
The Free Trade Zone of the Republic of Panama [Cologne City] is the second largest trade center in the world after Hong Kong. This position is provided because Panama has the best route or shortest route from the Pacific to the Atlantic to promote global trade. For these reasons, the Republic of Panama offers a wide range of shopping centres [Multiplaza, Multicentro, Los Pueblos, etc.] and duty-free shopping centres. There is a good relationship between quality and price, and you will experience the best shopping experience in life. !
Investment in the Republic of Panama:
When you buy in the Republic of Panama, you will find more amenities than other retirement paradise [such as Costa Rica], the cost is only lower than the crime rate. In the Republic of Panama, you will find that bureaucracy is reduced and there is less disruption to local authorities in terms of investment.
The Republic of Panama is one of the most global countries in Latin America. Panama is also a member of [OMC], representing "Organización Mundialde Comercio" or "World Business Organization". It is also [ALCA] "Area de Libre Comercio de Las Americas" or "The Free Trade Zone of the Americas" has the honor to become a conference center for two consecutive years [ In 2001 and 2003], negotiations have begun to become part of the [Southern Cone Common Market] and [APEC].
You do not need special permission or inscription before you invest in the Republic of Panama. The Investment Stabilization Act [1998] protects all foreign investors from tax changes, 10 years of labor law and other post-investment costs.
The Republic of Panama uses various means to motivate foreign investors, including:
* A dollar-based economy.
*Low inflation rate, no risk of currency change
* There is no exchange controller at all
* Same treatment for foreigners and locals
*One of the most flexible countries in the world
*No restrictions on foreign companies
* There is no restriction on the integration of common risks, acquisitions or companies
* Existing free trade zone
*Most bilingual workforce
*The Republic of Panama was nominated for the first place in the region for low cost of living and low living expenses
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Operating costs of a tripartite committee composed of the Economic Commission for Latin America and the Caribbean [ECLAC], the United States Real Estate Organization [OAS] and the Inter-American Development Bank [IDB].
The Republic of Panama is solely responsible for OPIC, MIGA, IDB and other multilateral entities.
The Political Risk Service [PRS] named the Republic of Panama as one of the three countries with the most investment qualifications in the hemisphere.
These are just some of the reasons why Panama offers the best place for your business and investment.
Cost of living in Panama
The Republic of Panama has the cost of a third world country in the First World countries. The cost of real estate in Panama may be 1/10 of the US price, as is the cost of living in all US mayor cities. The following is a quick list of the mayor's living expenses as a reference, in many cases, retirees can sell their existing living assets, buy a better cost in Panama, and live a better lifestyle in their sales, years of life , with changes.
Monthly fixed costs in US dollars:
Panama's electricity bill is $80.00
Water in Panama [very safe to drink - best in Latin America] $20.00
Telephone charges in Panama [including monthly and estimated usage fees] $50.00
Life Maid in Panama [highly recommended if you can afford it] $150.00
The cost of a mobile phone in Panama is $50.00
Panama apartment maintenance fee $150.00
Panama [residential] Internet service $20
Panama Cable TV Service $50.00
Panamanian gasoline [2.35 gallons - estimated] $50.00
Panama's groceries [4 people per month] $400.00
Panama [Building] Fire Insurance $150.00
Health insurance in Panama [family basic insurance for 4 people] $150.00
Panama's auto insurance [based on the $25,000 car price] $35.00
Panama Private School Fee [per child] $130.00 - $500.00
Additional charges
Panama private school tuition $300.00
General medicine in Panama for $35.00
Panama Consultant's Dentist $35.00
Panamanian gymnasium has a monthly fee of $45.00
Dinner at a luxury restaurant in Panama [2 people] $ 50.00- $ 80.00
Panama's cinema costs $3.50
Panama's taxi fare is $1.50
Panama tax [ITBM] 5%
Security in Panama
The Republic of Panama is the safest country in Central and South America. According to the data from the Pinkerton Intelligence Agency, it is the highest qualification for tourist safety and is a place of warmth, economy, comfort and adventure that allows you to always dream of retirement, investment and life.
Climate of the Republic of Panama
The Republic of Panama has an ideal geographical location and atmospheric conditions. In Panama, you can find the perfect climate for all tastes, sunny, tropical, warm exotic beaches and more than 1,200 islands around us. At the same time, you can enjoy a refreshing climate on the heights of Chiriquí, El Valle, Boquete or Cerro Azul, the most popular attractions in Panama City.
It is worth mentioning that in the Republic of Panama, due to its superior geological location, there are no hurricanes, active volcanoes or earthquakes.
The Republic of Panama counts into the "dry" [December to April] and "green" [April to December] seasons during the climate phase. In the green season, it knows the dramatic changes in sunlight and tropical rain, making the country "green."
The temperature in the Republic of Panama is 27 °C throughout the year, and temperatures in the valleys and mountains range from 16 °C to 25 °C. In the "dry" season, the north wind revives us. Tropical rain is usually between 5 and 45 minutes, while the sky is partially open, allowing the sun to penetrate or enter the countryside.
General information of the Republic of Panama
"Panama seems to be the difference between a canal, a bank and a free trade zone in Central America" economist.
Geographical information of the Republic of Panama
The Republic of Panama covers an area of 75,990 square kilometers and has nine provinces: Bocas del Toro, Chiriqui, Colce, Veraguas, Darien, Colon, Los Santos, San Blas and Herrera. In the north, the Panamanian coastline is adjacent to the Caribbean Sea and the North Pacific Ocean, on the southern coast of the Isthmus, only one hour apart. On the west side of the Republic of Panama is Costa Rica and Colombia on the east side.
Population of the Republic of Panama
The Republic of Panama has 28,391,700 inhabitants [July 2001]. It is a mixture of races from different ancestry; Spanish conquerors, blacks and indigenous groups. Panama is a place where all cultures collide.
Religious belief in the Republic of Panama
The Republic of Panama has the following religious statistics; Catholics: 85%; Christians: 12%; Orthodox: 3% "Hindu, Muslims and Buddhists"
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All cultural groups are free to practice their religion in the Republic of Panama.
Language of the Republic of Panama
Spanish is the official language of the Republic of Panama. However, Panamanians and businesses in the Republic of Panama often use English.
Political system of the Republic of Panama
The Republic of Panama has a stable democratic political system that actually promotes foreign investment. Panama is an independent country with a broad legal framework to support the national security of Panamanians and foreigners.
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The actual president of Panama is Mr. Martin Torrijos.
Currency of the Republic of Panama
Since 1904, the Republic of Panama has used Balboa as its currency. Balboa is equivalent to the dollar circulated in the Republic of Panama.
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The Republic of Panama has maintained the lowest inflation rate [2%] in the hemisphere for the past 40 years.
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Travellers cheques, credit or debit cards can be used to pay in the Republic of Panama.
Bank center
Panama City has more than 150 international and local banks providing modern legislation for IBC [International Business...
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