Small and diversified, Panama has the unique characteristic of allowing visitors to dip their feet in two oceans in one day. It is free from hordes of tourists, allowing for relaxed visits to the magnificent beaches and pristine waters, alluring coastlines and numerous historical sites. Panama is covered with untouched nature, never having experienced hurricanes, and boasts fair weather all year round with temperatures between 22 and 30 degrees. It offers a great variety of attractions including exotic tropical rainforests, beautiful mountain refuges, Caribbean-style beaches, Spanish colonial historical sites, a volcano, golfing, diving, sportfishing as well as the 8th Wonder of the World and engineering marvel, the Panama Canal.

ECONOMIC STABILITY AND SIGNS OF GROWTH CONTINUE FOR PANAMA

Since its invasion by the US in 1989, Panama has enjoyed both peace and economic growth. It is considered to be one of Latin America’s fastest growing economies, prompted by the booming real estate market, increased traffic through the Panama Canal, a world class banking system, the second largest free trade zone in the world and the increased export of its agricultural resources. In 2006, Panamanians voted for the expansion of the Panama Canal to take place over seven or eight years, which will allow even more as well as larger traffic to pass through its lochs.

Construction recently began on the Autopista de Colon or Colon Highway. Now the two hour drive over a windy, worn, tourist unfriendly, two lane road will be cut to a 45 minute drive on a new four lane toll highway. Enjoying the beaches on two coasts in one day is now easier than ever.

In Panama, street crimes are unheard of, for the most part, making it one of the safest countries to visit in Central and South America.

Priding itself on a standard of living that equals the first world nations in North America and Europe, Panama has a low cost of living seen in many South and Central American countries. Here you can enjoy luxury living at bargain prices.

Recently, Reuters published an article that stated that Panama is expected to lead Latin American countries in economic growth in 2009.

The banking system in Panama has become both a Central American banking centre as well as an international financial centre. Its continued rapid growth is due in part to its dollarized economy, which suffers little from inflationary pressure.

With such quick growth occurring and the forecast of much more to come, now is the time to invest in real estate in Panama. The chance to invest in such affordable, luxury property as a vacation or second home in the idyllic location of Maria Chiquita, is an opportunity that should not be missed.