ADVANTAGES OF LIVING IN PANAMA.
PANAMA ONE OF THE MOST COMPETITIVE COUNTRIES IN LATIN AMERICA.
This beautiful country has many points in favor in several essential aspects when choosing a country to live in.
Panama has very little inflation to start with. In addition to the fact that its Gross Domestic Product tends to have sustained growth and is considered one of the countries with the greatest economic freedom.
Panama has a strategic geographic location for business.
As a consequence of the opening of the canal, Panama has been an important commercial epicenter and a strategic business meeting point. Since the capacity of the Panama Canal was expanded, allowing the circulation of large vessels, which allows the canal to have the double of the installed capacity, which translates into new jobs.
As for financial services, there has been a boom in them. There has also been a boom in numerous manufacturing companies, which has complemented the industrial and commercial activity of the canal.
All of this has contributed to national economic growth.
Panama is distinguished by its high level of human development, in terms of longevity and education of the population that are consistent with the material production of the nation.
DOLLARIZATION IN PANAMA.
In Panama the American Dollar and the Balboa are used. The dollar strengthens the economy and facilitates operations such as sending remittances to their families for immigrants.
PANAMA FOR THE RETIRED AND PENSIONERS.
Panama offers retirees and pensioners permanent residence visas for foreigners who earn a life pension.
There are laws that favor the elderly, for example in terms of special prices on various services.
Retirees and pensioners who are going to live in Panama have the serenity of being in a safe place, with an extraordinary climate, beautiful beaches and a respectful environment towards the elderly.
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