Punta Coco Location Map

Panama

Panama is the bridge between North and South America bordered on the west by Costa Rica, on the east by Colombia, on the north by the Caribbean, and on the south by the Pacific Ocean. Panama is 3 hours from Miami on daily flights.

There are about 480 rivers in Panama that drain into the Pacific Ocean or Caribbean Sea. There are over a thousand islands off the two coasts made up of two main island groups in the Caribbean – the San Blas and Bocas del Toro Archipelago, and two on the Pacific side – the Pearl Islands Archipelago and Coiba National Park.

Panama has a tropical climate with temperatures averaging 80-90°.

Panama is truly a diverse melting pot of cultures with a population of 3,516,820: Spanish descendants, Afro-Antilleans, Indians, immigrants from North America, Europe, Asia, East India and other countries.

There are seven indigenous groups in Panama: Kuna in the San Blas Islands on the Caribbean; Chocoe (Embera & Wounaan) in the province of Darien; Guaymies (Ngobe and Bugle) in the provinces of Chiriqui; Bocas del Toro & Veraguas; and Teribes & Bokotas (Buglere) in Bocas del Toro province.

Panama is one of the most biologically diverse areas in the world.

Facts on Panama – Stability, Growth & Opportunity

“Best Place to Visit in 2012”The New York Times

“A Top Ten Retirement Haven” Forbes

“Best risk investments”  – Political Risk Services

         •       US Dollar based economy without exchange restrictions

•       Panama is home to the fastest-growing economy in the Americas. Last year it expanded by 10.6 percent

•       Top of the list of the world’s freest economies, ranking eighth with Australia, Ireland, the Netherlands,

         and Luxembourg – Canada’s Fraser Institute

•       Panama is economically and politically sound with a stable democratic government since 1989

•       Panama is located in a hurricane and typhoon free zone

•       Panama is one of the main trade and international transport hubs and meets the golden rule of any successful hub:

          location. location, location

•       The Panama Canal and its expansion – this project will double the capacity of the Panama Canal by 2014 and allow

         more and larger ships to transit

•       Overseas demand for Central American real estate is growing exponentially

•       Over 60 Multinational companies, such as Procter & Gamble, Dell, Hewlett Packard, GE, Caterpillar, SAB Miller &

         the UN make Panama their regional base

•       The Colon Free Zone – covering 450 hectares is the world’s largest free zone after Hong Kong

•       Panama is now a leading International banking center

•       Tourism Development – The Canal and international tourism revenues are the main areas of growth in 2012

•       Ten major cities in the USA offer direct daily flights to Panama City

•       The British are Panama’s largest foreign investors, with £8 billion committed to date

•       First rate hotels, restaurants and shopping on a par with the United States

•       A 70-story Trump Ocean Club and a Hard Rock “megapolis” opened recently.