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Why Panama?


Panama is located in the middle of the American continent. It forms a natural isthmian bridge of 80 kilometers that in its narrowest part joins both Oceans, the Atlantic in the North with the Pacific in the South through the Panama Canal.

It is a 100% tropical country, with temperatures around 80-90 degrees Fahrenheit (about 25 - 30 degrees Celsius). There are two seasons: the dry season with a bright sun from December to April and the rainy season from May to November. Panama is situated south and away from the hurricane paths and is not affected by these tropical storms.

Spanish is the official language but most Panamanians speak English fluently.

Panama has the lowest crime rate in all of Central and South America and is home to the second largest international banking center in the world next to Switzerland with more than 150 banks from 35 different countries. Panama continues to maintain what it is considered to be the most solid banking and corporate book secrecy Laws in the world. That privacy and confidentiality is vigorously protected by Constitutional Law.

The Banks are all around Panama City and some of them have branch offices in the interior of the country. Visa American Express, Master Card and Diners Club credit cards are accepted in most hotels, restaurants and commercial establishments. U.S. dollar is legal tender in Panama.

Then there is the Panama Canal the funnel for world commerce, the Colón Free Zone, home to the second largest international distribution and trade center in the world next to Hong Kong with more than 2000 international import/export businesses operating from within it.

The Immigration Department in Panama has waived visa requirement for many countries. Check with the Panamanian Consulate in your country of residence. Come and enjoy the amenities that this country has to offer. There is a lot to see and do, whether you are here for business, or shopping in the city or, exploring a deserted beach in a tropical paradise. Bring light clothes. Panamanians are very casual most of the time but a light suit is worn for business and for visits to goverment authorities. Never forget to include a bathing suit when packing your suitcase. Sun glasses are recommended as well as sunscreen lotion for protection against excessive solar exposure.