Panama Real Estate and reasons to move to Panama
(homemortgageguide.net) This article explains the many advantages of moving to Panama. Of the many benefits the primary and most obvious one is that it has a politically stable, democratic and dollarized economy. Because investments are maintained in USD, as long as the dollar maintains its value there is no exchange rate risk of depreciating investments. Another notable advantage is world class medical care provided by hospitals such as the John Hopkins Punta Pacifica Medical Center, the National Hospital the Hospital San Fernando and the Paitilla Medical Center are all afiliated with international hospitals with many of the doctors have received their preparation at the very best US medical schools and worldwide.
Panama Citys infrastructure is top class and you can buy real estate with only a fraction of what they would in the United States and Europe. For example, a flat that would easily be priced at over million in the US can typically be purchased for around 0,000 in Panama. Panamas infrastructure is first class infrastructure and luxurious high rise buildings with beautiful ocean views that cost a fraction of what they would in the United States and Europe. Ecotourists can find a variety of rare species of flora and fauna. People from planet come to Panama to enjoy bird watching tours.
For the retiring type, excellent golf courses and probably the best fishing in the world is available on both coasts in the only country that you can bathe in both the Atlantic and Pacific Oceans within three hours.
The cuisine in Panama is superb with first rate five star restaurants throughout the capital city and the best hotel chains such as the Marriott, Intercontiental and Sheraton all with multiple properties in the country.
Excellent education at the primary, high school and university levels is available with Masters programs provided by the University of Louisville, Florida State University and other US based programs can be taken directly from Panama city.
The country hasboasts of one of the historically lowest inflation rates in the world, which explains why a growing trend has been that retiring Americans and Canadians move to Panama and live comfortably with their retirement checks. Some of these retirees, set up profitable businesses in coffee plantations, pastry shops and restaurants that keep them active and immerse them into the local culture simultaneously. Additionally the expansion of international flight options from Panama to the US make it just as easy to travel to a place in the US as it would be from any US city.
Panamanians are friendly, helpful and joyful people who enjoy the good life. While, the country is predominantly Roman Catholic although there is also a significant Jewish, Muslim and Hindu population. Panama, is one of only only seven places to have a Bahai Temple.
Panamas country side is as beautiful as its capital city. Although well known for its Canal, the San Blas area inhabited by native Indians is one of the most beautiful and virgin areas of the country. The beaches of Bocas del Toro are as beautiful as the most luxurious beach resort in the world and all of this at a fraction of the price.
Recently Panama was ranked as one of the best places in the world, by International Living magazine, and it is no surprise as over the last few years hundreds of people from all over have decided to call Panama, their home away from home.
About the Author:
Emergis Real Estate is a new real estate facilitating service bringing together sellers, buyers and brokers interested in buying and selling property in Panama City. To learn more about our innovative approach to finding Panama Real Estate and our property visit scheduling engine visit www.emergisrealestate.com.
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Original Source: homemortgageguide.net
Date Retrieved: April 28, 2009
