The Panamanian currency is the US dollar, which is of tremendous importance in attracting foreign investment (Panama does mint coins which are identical in size and weight with US coins and of the same value).
Discount of 10-50% on products and services for foreign "retirees"
Affordable Real Estate
Excellent business opportunities with incentives
A wealth of activities to stay busy and happy
Warm climate
Residency perks. The Tourism Master Plan includes incentives to encourage investment in Panama which include no income or capital gains taxes for twenty years and the importation of a wide variety of goods duty free (when they are related to a tourist business)
First world living. Panama has the highest per-capita income, the largest foreign investment and the most highly developed economic infrastructure in Central America
Prior to the opening of the Panama Canal, the island of Bocas del Toro was the center of commerce for Central America and still reflects the colonial influence resulting from worldwide activity in the once booming banana, coconut and cocoa business.
The Panama Canal and the long standing involvement of the United States. Panama has the highest per capita US investment in all of Latin America is one reason why Panama's infrastructure is far and away the best in Central America. Highways, airports and shipping centers are extensive and well maintained.
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