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Panama-
A Great Place to Live and Visit:
Panama
is a privileged country within Latin America. It is fast becoming
a preferred location for a second or retirement home for North
Americans. For its citizens, Panama is one of the top three
of Latin American countries for quality of life: health, education
and economic well-being. There are a number of good reasons.
Panama
City is called a "second Miami" because of its sophisticated
business district, high speed internet connections, the American-style
infrastructure and the elegance of many of its neighborhoods.
There are endless gorgeous sea-view apartments and numerous
suburban subdivisions with lovely Miami-style homes. Few other
Latin American cities can boast buildings of such quality
construction and so many attractive neighborhoods. These same
Panama City buildings were mostly built by the architect George
Moreno, who is the architect for Big Creek Village!
Unlike other Latin Americans,
Panamanians don't need to go shopping in Miami. Due to the
lowest tariffs in the Americas, Panama is a shoppers paradise
whether it be clothes, computers, electronics, or automobiles!
Panamanian supermarkets can easily be mistaken for American
supermarkets with their large selection of American products.
Electronics stores compete in both price and selection with
American stores. There are even three Price-Costco’s
in Panama City and one in the city of David, which is only
a 2 hour drive from Bocas del Toro.
Private
education is excellent; there are three accredited international
schools and dozens of fine bilingual schools. At the university
level, there a dozen universities, including three United
States universities with branches in Panama City.
Medical care and hospital
facilities are almost on a par with the USA, one of the many
happy by-products of the longtime American presence in Panama.
Numerous fine local restaurants
can compete in quality with almost any large American city.
If you are homesick, try Bennigan's or TGI Friday's not to
mention McDonalds, Wendy’s, Burger King, Pizza Hut,
Dominos, KFC etc.
If you're homesick, Panama
is a short plane ride away from the USA. There are direct
flights to and from Panama from 7 USA cities- Newark, Miami,
Los Angeles, Dallas, Houston, Atlanta and Orlando. The cost
for round trip flights starts at only US$365! This proximity
also makes it easy on all those relatives who will want to
come visit you, the Panama Canal and some of the most nature-rich
rainforests on earth.
Indeed,
there is a reverse migration going on in recent years. There
are many stories of Panamanians in the US moving back to Panama
because they find the quality of life is simply better here.
Not to mention, the 50,000 Americans who used to live in the
former Panama Canal zone and called Panama "home".
They call Panama their "Paradise Lost". The majority
are not happy living back in the United States- that should
tell you something.
Even
nature has blessed Panama. Due to a unique geographical position,
there are no natural disasters -no hurricanes and destructive
earthquakes which plague its Central American neighbors.
This is not to say that Panama
is a utopia. There are plenty of problems here like anywhere
else. But the time has passed, especially post 9/11, when
one can presume that for quality of life, up North is NOT
the only place to live.
Panama
has warm, friendly people, a stable democracy, a dynamic business
sector and an unusual variety of terrains.
John
Le Carré, writing in The Tailor of Panama summed it
up well:
"We
have everything God needed to make paradise. Great farming,
beaches, mountains, wildlife you wouldn’t believe…
people so beautiful you could cry."
Modern
Maturity, the American Association for Retired Persons magazine,
rated Panama as “one of the top four places in the world
for Americans to live abroad”.
International
Living, rated Panama as “the number one country outside
the United States for a second home- based on Panama’s
outstanding safety, infrastructure, climate and beauty”.
| Some
Facts about Panama: |
| Population: |
2.7
million |
| Climate: |
Tropical |
| Rainy
season: |
May
to January |
| Dry
season: |
January
to May |
| Size: |
29,208
sq. miles, about the size of South Carolina |
| Language: |
Spanish,
English a strong second language |
| Government: |
Democratic |
| Religion: |
85%
Catholic, 15% Protestant |
| Ethnic
groups: |
70%
mestizo, 14% black, 10% white, 6% Amerindian |
| Currency: |
US
dollar |
| Economy: |
75%
services, 16% industry, 10% agriculture |
| Inflation
rate: |
1.50% |
| Unemployment
rate: |
14% |
| Major
trade partners Exports: |
USA,
Germany, Sweden |
| Imports: |
USA,
Japan, Ecuador |
| Key
domestic industries: |
Financial
services, Free Zone operations, Tourism, Transshipment-related
(Canal, Ports, logistical center activities) construction,
insurance, manufacturing |
| Exports: |
Bananas,
shrimp |
The
Environment
With
its huge expanses of tropical rainforest, the isthmus of Panama
is one of the most biologically diverse areas in the world.
Its unique ecology stems in part from its connection to two
continents.
Birds
are a primary indicator of biodiversity and Panama takes a
grand prize: it has 936 species of birds, more than the United
States and Canada combined. Until 1996 Panama held the Audobon
Society's world record for identifying the most species of
birds in a single day- 357 species were counted in one 24-hour
period. There are 125 animal species found only in Panama.
Panama
is also privileged to be home to the Smithsonian Institute
of Tropical Research, the world's primary tropical scientific
investigation center, which for 80 years has been cataloging
and monitoring this vast ecological heritage.
The
future of the environment, particularly the protection of
Panama's fabulous rainforests is a major concern. Environmentalist
groups like ANCON are doing an effective job raising awareness
of the key issues.
People
and Culture
Due
to its position as a crossroads and transport center, Panama's
people and culture reflect it's international connections.
People and cultures from all over the world meet and mix here,
resulting in an atmosphere of tolerance where people know
how to get along with each other.
Panama
is a microcosm of the Americas with a mixture of Latin, European,
black and Indian populations. 65% of Panamanians are mestizo
(European-Indian mixed) and the other 35% are a combination
of traditional Indians, Caribbean blacks, European and Chinese.
Small but dynamic, Jewish, Arab and Hindu communities play
important roles in Panama's business community and there are
a growing number of North American expatriates living in Panama.
You
will find the Panamanian people gentle, friendly, fun-loving
and helpful. Panamanians favorite pastime is a party. One
of the most important national holidays are the Carnival celebrations
in which it seems the whole country shuts down for serious
partying or serious relaxation.
The
presence of a large American community in the Canal Zone for
almost a hundred years deeply impacted the local culture.
Panamanian-American marriages abound. The quintessential American
"can-do" spirit and the modernity of Panamanian
character are due in part to America's long presence in Panama.
While
this unusual history as a crossroads and a country divided
by an American presence has been a source of pain and grievance
in the past, it has prepared Panama as few other countries,
to become a popular tourist destination an play a active role
in today's global village.
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