is a country that has thrived in recent years in terms of its
economic situation, it’s standpoint on an international
level, and its popularity for tourism and investments. Many
choose to move to Panama to open a business, often in the form
of real estate. The Panamanian people and the beautiful country
Panama and the Panamanian people often welcome foreign
investment in a land whereby revenue brought into the
country helps a lot. Much money is pumped into the local communities
in areas where many have chosen to retire
among the Panamanian people. These people live in areas
whereby Panamanian people own businesses and receive traffic
from these people accordingly.
Panama is a democratic country with no standing army. This
provides for a good status in the international community.
Panama’s strength in terms of its attractive qualities
to foreigners and the use of the U.S. dollar attract many
to the country each year. The Panamanian people often have
taken advantage of this onslaught of outsiders by starting
businesses that tailor to tourism and external investment.
Panamanian art, crafts, and other goods are often sold at
Many move to Panama to seek retirement
visas to spend the rest of their days in the paradise
that is Panama. Retirement visa information can be gained
via the Internet, as well as by contacting the embassy. This
type of visa is based on compliance with a CD within the country.
Those seeking retirement in Panama often do so for many reasons.
Panama has a lot of attractive qualities regarding it being
a suitable place to relax for a retirement. If relaxation
isn’t number one priority, retirees can also enjoy extreme,
world-class sport and recreation. The isthmus of Panama provides
for ample water sports including fishing, surfing, sailing,
wind surfing, and diving. The international community considers
both surfing, and fishing the best in the world. Add this
to the delicious Panamanian food, and its easy to understand
the attraction to Panama.
Panama and the Panamanian people, undoubtedly, have mixed
feelings regarding foreigners coming into the country in such
staggering amounts. It’s almost certain they do not
want what has happened in so many other areas of the world
to happen to them. It is a common fear that big business and
foreigners will take business from the country. As long as
the cycle remains cyclical, however, the Panamanian people
will be able to live harmoniously with these newcomers.
A country similar to Panama in regards to this balancing
act of not overdoing investment and overstaying is Costa Rica.
Like Panama, Costa Rica has also experienced large booms
in tourism and real estate.
Foreigners overpopulate certain areas, which drives up the
prices and makes everyday life more difficult for locals.
This is similar to the negative effects experienced by some
of the Panamanian people.
Please contact us for
more information, or visit our Panama Forum to post comments
or ask questions.