PANAMA: Secret Paradise in Central America!

Among the numerous perks that Panama has to offer, including turquoise beaches, exotic wildlife, a lush landscape, and a vibrant city life, the Panamanian government has sweetened the deal with quite a few incentives for investors. Incentives for foreign investors and Retirees

The combination of beauty, comfort, low-cost of living, financial benefits, and incredible profit potential has made investors' mouths water. Among these savvy investors is Donald Trump, who will be building a luxurious oceanfront high-rise in Punta Pacifica.

The economy is growing more than 7% annually with the possibility of exceeding 8% in 2008. English is widely spoken. Panama is a technologically advanced country, offers high speed internet, good cell phone coverage, fast install of home and business phone systems, and TV with English channels.

There aren't any property taxes for retirees until a home is sold and 20-year exoneration from taxes on new homes. There are discounts of up to 50% for retirees on things like transportation, medications, hotels and restaurants. Retirees find more for less in Panama and Panama's Pensionado law is written so Today's pensioners will be protected tomorrow.

Panama has a warm, but diverse climate- the lowlands of Panama are hot and can be humid, yet there are year round cooler temperatures in the mountain areas. In October 2006, Panamanians approved an ambitious plan to expand the Canal. The project, which began in 2007 and will double the Canal's capacity, is expected to be completed in 2014-15. Panama in December 2006 independently negotiated a free trade agreement with the US, which will help promote the country's economic growth even further.

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