15 January 2015

Panama Welcomes Foreign Investors

Panama is a Republic in Central America, right next door to Costa Rica.  Years back, well-known publications such as Business Week were touting Panama as being "the New Florida

True, Panama and Florida have so much in common they could easily pass for twins. Like Florida, Panama has beautiful scenery with exotic looking flowers and dazzling sunsets, great fishing spots, fantastic weather, and it is already a place where many retirees opt to spend their golden years.

But in case that isn't enough, Panama has implemented a program to woo foreign investors. Through its Pensionado Program, foreigners - US investors, in particular - are welcomed to buy real estate, relocate or retire there. Experts in retirement planning state that Panama is recognized as one of the world's top offshore havens for investment purposes.

Shared this info multiple times at my various blogs.  But hey!  When something is good it bears repeating. :)

Why Invest in Panama Real Estate?

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A Young Panamanian Woman Wearing the Traditional Pollera

"The Pollera is the most beautiful and admired national costume of the Americas. There are many tales related about its origin, but the popular opinion is that it was adapted from a gypsy dress worn in Spain at the time of the conquest of Peru and brought to Panama by the servants of the colonial families. It normally consists of a blouse or shirt and a two-tiered full skirt. ..." (Source: Polleras of Panama | PanamaLiving.com)


Coat of arms of Republic of Panama.
Coat of arms of Republic of Panama. (Photo credit: Wikipedia)