PANAMA IS A COUNTRY OF SERVICES:
-Panama Canal
-Banks
-Colon Free Zone
-Insurance
-Ports
-Ship Registry
-Tourism
-Shrimp, Coffee and Banana Exports

GENERAL INFORMATION:
-Land: 78,200 sq. Km.
-Coast Line: 2,490 Km.
-Habitants: 3,000,463
-President: Martin Torrijos (PRD)
-Goberment: Democratic (2004-2008)
-Currency: American Dollar
-Economy:

	$18.78 billions
	6,300 per capita
	4.1% Anual Growth
	3.8% unemployment

LOCATION:
-Easy and cheap access
-Direct flights from Miami, Houston, New York, Atlanta, Los Angeles, Colombia, Costa Rica and Madrid, among others.

OTHER RELEVANT FACTORS:
-Transportation: Good Conditions

-Comunications: Aprox. 850,000 people use celular phones

-Cultural Aspects:
Dress Code (Men): Suits for bankers, short and long sleave shirts for meetings, jeans for constructions, sport jackets are commonly used.
Dess Code (Women): Cocktail dresses are commonly used for meetings, Linen clothing or similar are also used regularly. Extended lunch or dinner bussiness meetings at people homes.
Tips at restaurants: 5% lunch, 10% Dinner at fancy restaurants.
When you are a guest at someone home usually a gift is common (flowers, wine or sweets). Elder people are treated with more respect than younger ones.

14 REASONS TO INVEST IN PANAMA
-Location
-Currency (US Dollar)
-Banking System
-Ownership of Property (Title)
-Good Weather
-Modern Infrastructure
-Blessed Geography
-Medical Facilities
-Low Prices
-Social Oportunities
-Cultural Heritage
-Security
-Incentives for foreigners
-1st. Country for retirement according to (Forbes, International Living)

US DOLLAR
-The US Dollar has been our currency since 1914
-No currency devaluation
-Stable and healthy economy
-Appreciation of currency on property investment
-Inflation (0.1%)

BANKING SYSTEM
-More than 85 banks
-International Banks
-Low Mortage Interes
-2.0% - Prefered rate to ($25,000.00)
-3.0% - Prefered rate to ($62,500.00)
-4% / 4.25% - 30 years - 90% ltv residential
-4% / 4.25% - 30 years - 70% / 85% retired ltv
-8% - 15 years - 90% ltv commercial
NOTE: Aprox. values

OWNERSHIP OF PROPERTY (TITLE)
-There is no restriction for foreigners to own waterfront properties.
-Panama has Title Insurance Companies.

THE PUBLIC REGISTRY OF PANAMA IS THE MOST ACTUALIZED
-Good Weather
-Sunny weather year-round
-Temperature 80°F on winter and 90°F on summer
-No Huricanes

MODERN INFRAESTRUCTURE
-Modern roads and highways that travel to the suburbs of the city.
-Modern glass skycrappers
-Intelligent and digital buildings