My wife and I are doing a lot of research on where we’d like to spend our golden years. As I write this article, in 2018, both of us are 54. We’re thinking about where we’d like to plant seeds for our future. Belize and......
If you are considering a move to Panama, then you will be pleased to learn that there is a large amount of real estate for sale here. Whether you want to find a home in Panama City, a beautiful property in the mountains, or a house by the beach, Panama offers it all. It is important to first note that most of the property you will find for sale in Panama will be much more affordable than what you may be accustomed to. Panama is regularly hailed for providing First-World luxuries at Third-World costs. Panama City is a modern metropolis where you will easily find all of the amenities and comforts you need. Nevertheless, the country’s economy is still developing, and prices are relatively inexpensive across the board. In other words, you will be able to find stunning properties for sale in Panama that you may not be able to find or afford elsewhere.
The Panama climate is tropical maritime with a rainy and dry season and little temperature fluctuation from season to season. Importantly, Panama sits beyond the hurricane zone and is at no risk of being hit by tropical storms.
The temperature in all areas of Panama typically hovers around 80°F throughout the year. Average annual humidity is around 80%. Mountainous regions and any area above sea level may experience cooler temperatures and lower humidity. Panama receives the most annual rainfall during rainy season, most regions receive about 70 inches of rain per year.
The climate in Panama City can be too hot and sticky for some tastes, but look beyond the capital, and you find pockets of near-perfect climates in some regions. If you prefer fresh mountain temperatures to steamy sea-level ones, consider El Valle, Boquete, or Santa Fé.
As in any country, weather depends on your region, but generally Panama enjoys a warm, tropical climate.
Panamanian Rainy Season: May to November
Panamanian Dry Season: December to April
The economy in Panama is fast growing and shows signs of a bright future. Panama experienced economic prosperity under past President Ricardo Martinelli. Martinelli was pro-business and pro-investor. The Martinelli Plan, as we’ve dubbed it, called for a First World Panama, and under his direction Panama’s government worked aggressively to progress that agenda.
Panama has built its economy more on business, banking, and commerce than on tourism. But this is changing, as Panama is making a concerted effort to draw attention to her natural offerings, as well as her financial benefits. These elements, then, comprise the dual personality of this little country that holds such an important geographic position. Steadily increasing numbers of foreigners looking for inexpensive vacations and quality retirement are moving to Panama. The tourist industry accounts for about 9% of the GDP and has no doubt contributed to Panama’s economic boom. Special benefits for foreign retirees attract even more visitors and potential residents to the country.
Panama is the most advanced nation in the region, the hub of the Americas, and one of the world’s biggest trading zones, thanks to geography and the Canal.
You can’t grow this fast without experiencing stress and growing pains are unavoidable. Panama’s economy grew by better than 10% in 2007, 2008, and 2009. In 2010, despite the global financial crisis, it expanded by a further 7.7%. Growth rates bounced back, to over 10% in 2011 and 2012, and around 7% to 8% for 2013 and 2015.
Altos de Campana National Park
Barro Colorado Island
Cerro Hoya National Park
Chagres National Park
Coiba National Park
Darién National Park
Omar Torrijos “El Cope” National Park
Golfo de Chiriquí National Park
Isla Bastimentos National Marine Park
La Amistad International Park
Las Cruces Trail National Park
Metropolitan National Park
Portobelo National Park
Sarigua National Park
Soberanía National Park
Volcan Baru National Park
Bocas del Toro
San Blas Islands
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