Panama has a great variety of attractions- exotic tropical rainforests, beautiful mountain refuges, Caribbean-style beaches and 1000 islands, seven living Indian cultures, a Miami-style sophisticated capital city, Spanish colonial historical sites, golf, diving, sport fishing.
The economy is growing more than 6% annually. The Latin Business Chronicle agrees: "Panama is set to grow more than any other country in Latin America next year, the [IMF] fund predicts."
WHY is Panama growing? Here is our list of reasons Why Panama is one of the fastest growing retirement and investment destinations in the world:
It Feels Like Home: There are currently more than 15,000 Americans living in Panama. English is widely spoken. Panama City is a 1st world city with impressive highways, skyscrapers, medical facilities and shopping.
It's Beautiful: Panama City is very cosmopolitan and has a bustling infrastructure. The countryside, mountains and beaches are unspoiled.
High Tech: A Technologically advanced country, Panama offers high speed internet, good cel phone coverage, fast install of home and business phone systems, and TV with English channels It's Affordable: No local taxes for residents on foreign earned income. There is no property tax for retirees until a home is sold, and a 20-year exoneration from taxes on new homes. Because Panama is a world class port, there are electronics, automobiles, clothes and other imported items available at reasonable prices.
The Dollar: No inflation worries or confusion over prices. Panama’s currency is the US Dollar.
Banking Options: Panama is a world banking center. Foreigners can receive loans and do banking with dozens of respected banking institutions. Safety: Low crime rates, high literacy, employment and a well-trained police force provide foreign investors a solid sense of security.
Diversity: Panama is a true melting pot. Shippers, traders and sailors from around the world have made Panama home. Latino, Japanese, Chinese, American, Canadian, European, Jewish and Arabic last names are common in the Panama phone book.
Great Weather: A warm, but diverse climate- the lowlands of Panama are hot and can be humid, yet there are year round cooler temperatures in the mountain areas (such as Boquete) TWO Coasts: Panama boasts both Caribbean and Pacific coasts. You can swim in the Pacific and the Caribbean in the same day, or cross your sailboat through the canal and explore both coastlines. Where else can you do that?!
Live and Invest in Panama Seminar RE/MAX TEAM 2000- 157th & Harlem October 13, 2008 1:00 P.M.
Lunch served
When you join us, you'll discover everything you need to know about why Panama is the ideal investment opportunity…
And when you leave, you'll have all the knowledge and contacts necessary to make it happen with confidence.
RSVP to JaySells4u@hotmail.com - 708.935.2270
Playa Blanca, Panama's most significant real estate development, will offer you a unique combination of amenities, breath-taking landscapes, sandy beaches and endless leisure activities and places to go. Playa Blanca features its own private Beach Club with tropical lagoons, Spa & Fitness Center, Nautical Club, Town-center, Convention Center, and Kids Club. From world-class condos to superb estate homes and luxury townhouses, Playa Blanca has everything for everyone... in absolute sophistication.
Set in the midst of a tropical paradise in Panama's pacific coast, 75 minutes away from the city of Panama, stands Playa Blanca Beach Resort, Spa & Residences- the most important real estate development to date in the country.
Playa Blanca is set on a 205-acre beachfront terrain, with more than 3,200 feet of magnificent sandy beaches, bathed by numerous natural springs and lagoons. The north side of Playa Blanca extends deep into the virgin rainforest, making it an ideal spot for ecotourism. Playa Blanca Beach Resort, Spa & Residences will have 1,600 condos, 160 homes, a beach resort hotel, a convention center, plus a town-center with casino, tennis pro club, nautical club, beach club, and spa.
You'll always feel at home at this dream beach paradise on the beautiful Pacific coast of Panama, where nothing has been spared to bring you the finest in accommodation, facilities, dining, and relaxation. Playa Blanca offers a new concept - sheer quality without formality, in an exotic tropical setting with an almost unlimited choice of leisure activities.
J. Kennedy, RE/MAX TEAM 2000 | 15607 South Harlem Ave., Orland Park, IL 60462 | 708-429-4300 | Contact Me by E-mail
Cell 708.935.2270
