Invest in Paradise, Invest in Panama

P. This small country offers a multitude of tax benefits to lure even the most conservative, the cost of living is attractive compared with many first world countries and the infrastructure is modern and continually growing. All these benefits make Panama one smart investment choice.

Culture

The culture of Panama is a co-mingling of Native Panamanians, the Spanish Europeans who first visited and a small African influence. These different groups slowly combined, creating the unique Panamanian culture of today. From these integrated beginnings, diverse cultural influences and traditions have emerged. Today, Panamanians vary slightly from region to region and may display a more native culture in one area while the African influence might be more dominant in another.

To enjoy the local folklore and traditions one simply needs to visit during a festival or celebration. That is when the locals are most likely to display their perceived heritage in many ways including song, dance and food. In fact food is a very important part of any Panamanian celebration and visitors will enjoy the unique flavors and different methods of preparation. Many times these dishes vary from region to region and it’s often amazing that so many versions of the same dish have evolved in these different regions.

Climate

The climate in Panama is quite simply tropical and everything you’ve heard about a tropical climate is probably true. In Panama the temperature varies very little from season to season. The average temperature in Panama ranges in the mid 80’s to the 90’s at sea level, which includes all the beaches. The mountains will have a slightly cooler temperature ranging from 55 to 70 degrees.

A tropical climate depends on rain and Panama has plenty. The yearly rain totals in Panama City are often at 70 inches or more per year while the city of Colon can receive as much as 130 inches per year. This explains the lush green tropical forests and the abundance of rivers, small lakes and ponds.

Panama has only two seasons; wet and dry. The dry season is a popular time in Panama for travelers with January through March as the busiest times. Although there is a rainy season in Panama there is rarely a day without sunshine and often rainfall lasts only a few hours, though the rain falls everyday.

Humidity is a part of every tropical climate and is quite prevalent in Panama. The beaches offer relief from the hot humid weather with Mother Nature’s air conditioning in the form of cool ocean breezes. Even the interior of Panama receives these cooling breezes and offers relief.