The Advantages of Living in Panama

One thing’s for sure.

Panama tops the list of the highly recommended places in the world to live in. primarily it is because of the fact that you can do both business and relaxation with ease. All in all, Panama is a great place to spend the rest of your life and money with. Here are some of the reasons why:

LOW COST OF LIVING

According to a 2012 report, Panama is one among the top ten least costly cities in the world especially for foreigners. Not to mention, it has the best program for retirees in the world. Panamanian government really has concrete programs to attract retiring foreigners in their land. Along with the many discounts and benefits to avail are entertainment, transportation, medical supplies, home loans, and even hotel accommodations. The only thing you need is a certification of $500 monthly income, police report, and a health certificate. 

SECURITY AND SAFETY

In line with other South American countries, Panama has the lowest crime rate in general. Here, you don’t have to worry putting your wallet in your pocket and carrying large amount of dollars. In fact, crime rate has a dramatic decline to about 28%. Moreover, Panama doesn’t experience hurricanes and earthquake than any other countries. So be it with crime or natural calamity, there is no safer place than Panama.

THE PANAMANIAN PEOPLE

The Panamanians are one of the friendliest races in the world. Probably because of their rich history of dealing with foreigners, the country became globalized. Also, they are fun-loving people. Evidences can be traced to their festive celebrations and active nightlife. Lastly, what makes Panamanian people unique is their strong values for elegance and beauty.

NO BORING MOMENT

Being a small nation didn’t limit Panama for being a home to world-class activities and attractions. Anyone can say that this country is so blessed with many beautiful amenities and side trips to do  – hiking in rainforests, beach lounging, mountain trekking, diving, partying and a whole lot more. It is not that hard to experience the wonders of Panama. Here you can also enjoy shopping, high speed internet services, great restaurants with a variety of awesome venues to choose from. 

FASTEST GROWING ECONOMY

Panama has the fastest growing economy in America. In fact, its Gross Domestic Product rises from 7-10% each year from 2009. Significantly, it has one of the most secured financial systems in the world.