In recent years Panama has been considered one of the best places to live and invest. With a stable government and an open economy based on the service sector in which the Canal is an important contribution of income; Panama meets conditions magnificent result of sustained economic growth and a strong policy of attracting tourism and foreign investment : tax incentives for investors, credit schemes for all budgets, tools for offshore structures, special legislation for pensioners, the largest free zone in the world, the U.S. dollar as legal tender status and a tax that has caused more than one hundred banks worldwide are based in the country and be willing to provide financing for the purchase of real estate and investment.
Naturally, the canal has had a lot to do with this development and the annual traffic of vessels, along with the construction of the third set of locks that will be a new financial injection, have helped to shape an ideal setting for business. The capital, Panama, is a modern and cosmopolitan city, full of skyscrapers and a sophisticated business district that has led it to be compared to Miami. Its cultural and entertainment is vast and varied and includes restaurants, theaters, night clubs, casinos, golf courses and other attractions.
It is also a paradise for shopping, with a wide selection of products very competitive in price and quality. Its good infrastructure facilitates the daily mobility, access to the latest generation of technological systems such as cable, Internet and mobile telephony and high performance in terms of health, education and public security, make it a country full nature and adventure.
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