Along with a healthy growth in tourism, Panama is on the road to becoming one of the most popular countries in which foreign citizens seek to retire and/or invest. Aside from the tropical climate & noticeably low cost of living, Panama also offers incentive programs for retires and a US dollar based economy. For this reason and many more, such as the being home to Latin America’s largest international banking center, the Colon Free Trade Zone, and the Panama Canal, not only does Panama have a steady economy almost free of inflation, it is ranked as the most globalized country in Latin America

Panama’s strongest industry is that of service, and has achieved a large amount of its gross national product from this sector especially from The Panama Canal which acts as one of its largest sources of income and a significant role in the march towards globalization.

Due to a growth of world cargo, globalization and the worldwide development of the maritime industry, Panama has become an international service center and provider for the world economy.

The real estate investment potential in Panama has an increase alongside international interest in Panama causing tourism to take over from the Panama Canal and Free Trade Zone in revenue generation terms for the first time.

Due to the Panamanian economy’s stability, international confidence in the country is strong and has drawn the attention of numerous large overseas investors.  As a result of this the government has created a series of taxation breaks and incentives to continue encouraging these investments causing an even greater wave of foreign investors and expats that seek ideal investments and second homes. 

When asked “why Panama ?” there are a countless amounts of reasons. Amongst them: safe, stable and friendly with the best infrastructure in Central America !