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About Panama: Panama, officially the Republic of Panama, is the “BRIDGE OF THE WORLD, HEART OF THE UNIVERSE”! Panama’s advantageous geographic location, throughout the years, has give Panama the opportunity to be one of the World’s most important centers for international trade. In addition, the Isthmus of Panama is located between Central America and South America. From North Panama is connected with the Caribbean Sea; the south is surrounded with the Pacific Ocean; From East Panama is bordered with Colombia; and it’s bordered with Costa Rica the West side. It is an international business center and is also a transit country. Although Panama is also the 3rd largest economy in Central America, after Guatemala and Costa Rica, it has the largest expenditure on resource consumption, making the country the largest consumer in Central America. Geographic: Panama is located in Central America between Columbia and Costa Rica. Panama controls the famous Panama Canal which links the Pacific and Atlantic oceans. The climate is overall tropical and one of the best in the world, averaging at a beautiful 85 degrees Fahrenheit year round. Economy: Panama’s economy is one of the most stable in Latin America due to the constant largely on its privileged geographical position which contains constant cash flow from the Panama Canal business in panama is always excelling and money is readily available. Panama’s official legal currency is the dollar and is called the “Balboa “and is par to the U.S dollar which is also accepted. Political: Panama’s current president is Martin Torrijos Espino. Panama’s stable government is a Constitutional Republic with democratic elections every 5 years. Education: Panama’s education includes a large number of schools, colleges and universities. The first 6 years of primary education is free and mandatory for children of the age group between 6 and 15. The period of primary education is 6 years and secondary education is 3 years. Considering the amounts of school and well trained and educated teachers over 90 percent of Panamanians are literate and very well educated. Security: Panama is a very safe and secure country and has preventive and caution methods accordingly. Panama has the same amount of crime in one year as New York has in one day. Health care: Panama offers quality and excellent health care with great medical centers that are modern facilities such as the John Hopkins hospital in Panama City. Many doctors working in Panama have been U.S trained and follow the same standards as the top hospitals in the U.S do. Panama does not only have state of the art facilities and well trained doctors but also offer immediate attention and lower costs for all medical procedures. Retirement: Panama is known as one of the best places in the world to retire and has been named “The world’s #1 Retirement Haven” by International living for six consecutive years! Considering Panama’s low cost of living, tropical climate, adventure and ecotourism, it is no surprise that Panama is paradise for retirees. Night life: Panama offers a cosmopolitan, energized and exciting lively nightlife! Panama’s nightlife is filled with various activities which range from a relaxing low key evening which can be spent having dinner in one of Panama’s large variety of international cuisine restaurants and watching a play at a theatre, or choose to spend your night at one of the many fabulous nightclubs and casinos. Panama is just like any big city which is filled with people who love and enjoy partying.
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