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In August 2019, Panama City will celebrate it’s 500 anniversary. Panama City has an interesting cultural-historical heritage, with powerful influences from Europe, the United States, and the Carribean. A commission has been founded to organize the activities for the 500th anniversary of Panama, known as “Years of the founding of the city of Panama”.
Lotes de Piedras Gordas offers the perfect opportunity for a (second) home close to the beach of La Ermita. La Ermita has a small local community and isn’t influenced by much tourism. You will enjoy the tranquil living just minutes away from the beach of La Ermita.
In October 2017, Cruceros del Pacifico starting building the new Cruise Ship Terminal at the entrance of the Panama Canal in Panama City, Panama. The new cruise ship terminal will be located on the Amador and is the second cruise ship terminal in Panama. The primary cruise ship terminal of Panama is Port Colon.
To say that Panama stands out for its fishing activity is not an exaggeration, since the word Panama was, for the Indians, synonymous with an abundance of fish. Nowadays, sport fishing attracts thousands of fans from all over the world, positioning the country as one of the main destinations to buy land near lakes or a house in the center of Panama.
Panama offers fantastic retirement benefits. The reputable magazine “International Living” publishes a yearly ranking of “Best countries to retire worldwide”. Panama ranked # 1 as BEST COUNTRY TO RETIRE in 2014 and 2016 and has consistently ranked as a top-5 country over the last 10 years. It is a ‘pensionados’ dream!!
Panama is safe, this is our experience after more than 12 years in Panama. But maybe you don’t believe us, therefore we have gathered some objective data to prove to...
On July 1st, 2019 the new President of Panama, Laurentino “Nito” Cortizo (66), has taken office. Nito, who is a member of the Democratic Revolution Party (PRD), won the elections earlier this year in May. He was elected as President on May 5, 2019, winning 33.27% of the Panamanian votes.
Expats will tell you that you can get quality healthcare at a cost which is 50 to 75% lower than comparable health care in the United States. For many retirees and expatriates, excellent affordable health care is a decisive factor in moving to Panama.