Melbourne FL Real Estate /
• Panama is slightly smaller than South Carolina with a total area of 30,193 Square Miles.
• The population is just over 3 million.
• Panama is divided into 9 provinces- Bocas del Toro, Chiriqui, Co-cle, Colon, Darien, Herrera, Los Santos, Panama, Veraguas & 1 territory San Blas: Kuna Yala.
• It has a Constitutional Democracy (Republic of Panama) Government.
• Panama borders both the Caribbean Sea & Pacific Ocean and is located between Costa Rica & Colombia.
• A valid passport & tourist card issued by air carrier or place of entry are required to enter the country.
• The US Army Corps of Engineers built the Panama Canal between 1904 and 1914.
• The Panama Railroad was the most expensive railroad ever built, taking 5 years & costing 8 million dollars.
• Panama has no military.
• Panama is 2.5 hours from Miami.
• Panama has the second largest number of Offshore-registered companies (Hong Kong has first).
• A taxi fare in Panama City should cost between $1.50 & $2.75 and it is not customary to tip your driver.
• Transfers between the Tocumen International Airport & Panama City usually costs between $20 & $30 each way.
• Unlike its neighbors, hurricanes or earthquakes do not torment Panama.
• A full-time, live-In maid costs about $200/month, for 8 hours per day, 5 full days per week (Mon-Fri) and 4 hours on Saturdays.
• This includes all the cooking & cleaning.
• Colon Free Zone is located in Colon & is the largest duty free zone in the Western Hemisphere and the second largest in the world to Hong Kong.
• During colonial times, Panama was the financial center for Europe's gold & silver industry.
• It is suspected that the Portobello Bay (near Isla Grande) contains one of Christopher Columbus' ships, and at least 20 other shipwrecks.
• It is also the resting place of Sir Francis Drake.
• Panama beer is available for as low as $0.50 a bottle.
• Invest $200,000 (US) in any Titled Property & you may qualify for Panamanian Residency through the "Self-Economic Solvency Visa" program.
• Panama City ranks among the top five places in the world for an "inexpensive" retirement according to InternationalLiving.com.
• Panama's currency is the Balboa & has been equally exchanged for the US dollar since 1904.
• The Panamanian Government implemented (Aug. 1997) "Decree Law #9" which provides fantastic Incentives to anyone interested in developing, investing or restoring/renovating in Panama City's historic district, "Casco Viejo".
BUYERS & SELLERS: Click for Our Special Offer: $500 CASH BACK AT CLOSING
Panama Real Estate
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Facts About Panama
• Panama is slightly smaller than South Carolina with a total area of 30,193 Square Miles. • The population is just over 3 million.
• Panama is divided into 9 provinces- Bocas del Toro, Chiriqui, Co-cle, Colon, Darien, Herrera, Los Santos, Panama, Veraguas & 1 territory San Blas: Kuna Yala.
• It has a Constitutional Democracy (Republic of Panama) Government.
• Panama borders both the Caribbean Sea & Pacific Ocean and is located between Costa Rica & Colombia.
• A valid passport & tourist card issued by air carrier or place of entry are required to enter the country.
• The US Army Corps of Engineers built the Panama Canal between 1904 and 1914.
• The Panama Railroad was the most expensive railroad ever built, taking 5 years & costing 8 million dollars.
• Panama has no military.
• Panama is 2.5 hours from Miami.
• Panama has the second largest number of Offshore-registered companies (Hong Kong has first).
• A taxi fare in Panama City should cost between $1.50 & $2.75 and it is not customary to tip your driver.
• Transfers between the Tocumen International Airport & Panama City usually costs between $20 & $30 each way.
• Unlike its neighbors, hurricanes or earthquakes do not torment Panama.
• A full-time, live-In maid costs about $200/month, for 8 hours per day, 5 full days per week (Mon-Fri) and 4 hours on Saturdays.
• This includes all the cooking & cleaning.
• Colon Free Zone is located in Colon & is the largest duty free zone in the Western Hemisphere and the second largest in the world to Hong Kong. • During colonial times, Panama was the financial center for Europe's gold & silver industry.
• It is suspected that the Portobello Bay (near Isla Grande) contains one of Christopher Columbus' ships, and at least 20 other shipwrecks.
• It is also the resting place of Sir Francis Drake.
• Panama beer is available for as low as $0.50 a bottle.
• Invest $200,000 (US) in any Titled Property & you may qualify for Panamanian Residency through the "Self-Economic Solvency Visa" program.
• Panama City ranks among the top five places in the world for an "inexpensive" retirement according to InternationalLiving.com.
• Panama's currency is the Balboa & has been equally exchanged for the US dollar since 1904.
• The Panamanian Government implemented (Aug. 1997) "Decree Law #9" which provides fantastic Incentives to anyone interested in developing, investing or restoring/renovating in Panama City's historic district, "Casco Viejo".
BUYERS & SELLERS: Click for Our Special Offer: $500 CASH BACK AT CLOSING
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Simplify your buying or selling experience with the help of our years of professional experience. We represent our clients with full time service, leverage our excellent industry connections, and care about one-on-one personalized service to keep you involved.
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Simplify your buying or selling experience with the help of our years of professional experience. We represent our clients with full time service, leverage our excellent industry connections, and care about one-on-one personalized service to keep you involved.
Read More or contact us now at 1-866-50-CURRI