Why panama

Skip to main content. Why is the Smithsonian in Panama? Previous Next. What are the Tropics? The tropics stretch from northern Mexico to northern Argentina, cover the Caribbean and most of the African continent, include southeast Asia, northern Australia and the Pacific islands of Oceania.

It reaches its northernmost point, directly above the Tropic of Cancer, every year around June Six months later, around December 21, it reaches its southernmost limit above the Tropic of Capricorn. These solstices mark the longest and shortest spans of daylight every year, depending on the hemisphere. Equinoxes, when the sun is directly over the equator and day and night are almost exactly the same length all over the planet, occur around March 20 and September There is also less seasonal variation in the tropics due to this phenomenon.

Why are the Tropics Important? Panama has only two seasons — wet and dry. This is due the Intertropical Convergence Zone, or ITCZ, where trade winds from the Northern and Southern Hemispheres collide and, fueled by the hot air and warm ocean of the tropics, create a band of clouds and stormy weather that circles the Earth.

The moisture flows westward from the Caribbean, which causes much higher rainfall on the Caribbean side of the country than the Pacific side. By mid-December, the ITCZ is pushed south by the northeast trade winds that blow over Panama and create predominantly dry conditions that usually last until April.

Panama has a territorial tax system so only income generated from within the territory of Panama is taxed by the Panamanian government, while non-Panamanian income is tax free in Panama for Panamanian companies, residents and citizens IMPORTANT NOTE: US persons who residents in Panama will not benefit from any of these Panamanian tax benefits because US persons are taxed on their world-wide income by the US and must report all world-wide income on their US tax declarations annually.

Personal income taxes are also relatively low for Panamanian citizens or residents. Government Stability: Panama has maintained democratically elected governments since with no political instability since then. A very robust banking regulatory body keeps tight tabs on the banks of Panama. Panama has good roads with 4 lane highways connecting its capitol with all major provincial capitals into Costa Rica.

The highway between the Pacific and Atlantic oceans makes road travel in less than 90 minutes. Most provinces of Panama with major cities have domestic airports allowing fast domestic air travel. The Panama Canal allows large ships to travel between both oceans since , with major ports in Panama for easy transport of goods. Free of Natural Disasters: While Panama occasionally experiences minor earthquakes; it never has hurricanes, tornadoes, or tidal waves. Compatible Language: While Spanish is the main language in Panama, English is very common due to the large English speaking expat community and the fact that the U.

Citizens of Canada, the U. Boquete has always been a tourist destination for those seeking outdoor activities and cooler weather. Several expats have opened businesses in Boquete such as bakeries, hotels, and restaurants.

Boquete has become known as a holistic and wellness center with an array of classes in Yoga, meditation, Tai Chi, and Chi Gong on offer. If you are an outdoor enthusiast, Panama is a perfect fit.

Hiking, birdwatching, kayaking, river rafting, horseback riding, biking, golf, tennis, zip lining, and pickleball are just a few activities on offer in Panama. And there is plenty for ocean lovers, too, they can swim, snorkel, scuba dive, deep sea fish, surf, or enjoy lazy afternoons on tropical white-sand beach islands. If you are a boater, you have lots of options. Bocas del Toro on the Caribbean has a few marinas and is popular with boaters along with marinas in Panama City and Boca Chica on the Pacific side.

For creative people there is an abundance of craft stores where you can get supplies for painting, drawing, sewing, and knitting. Gardeners will also love the variety of plants and flowers that can be grown here along with delicious fruits and vegetables. There are several factors to consider when answering this question. It depends on where you are living in Panama. Small towns in rural areas will be far cheaper than if you choose to live in Panama City.

Another big factor is what your personal lifestyle is. One of the reasons that people move to Panama is the availability to live on smaller budgets in many locations throughout the country. Panama boasts cool mountain havens and country hamlets…miles and miles of beaches along the Pacific and Caribbean… and of course, a modern capital famous for its sparkling skyline. With so many destinations and climates to choose from, planning a scouting trip can feel like an impossible task Because the continental shelf drops so fast, so close to shore, you can see whales, dolphins, turtles, or you can fish for tuna from a small boat within sight of land.

This is not a cheerleading article or some type of inspirational manifesto. The expat life is not for everyone, that goes for disabled and non-disabled persons. Panama City boasts a skyline of skyscrapers, modern office buildings, condo complexes and hotels of shining glass and steel, Read more With winter around the corner, you might already be pulling out the coats and boots, budgeting for heating costs…prepping for the cold, dark months ahead.

Blizzards, ice storms, slippery roads and sidewalks. But what if you could avoid all that? I generally spend six months or so of each year traveling. My scouting has taken to me to strange places and put Read more The last couple of months in Ireland have been incredible. Learn more about Panama and other countries in our daily postcard e-letter. Skip to content Panama.

Panama Fast Facts. View Larger Map. Panama: A Convenient, International Hub Some expats come in search of adventure or a quality retirement destination, while others seek to take advantage of all Panama has to offer as a business destination. Moving to Panama is Easy For those looking to move to Panama or live here part-time, two new residence options make moving here even easier than it was before. Where is Panama? What is Panama Known For? Getting to Panama Flights from around the world now fly into Panama.

Where do Most Expats Live in Panama? Panama City With a population of over 1. El Valle El Valle is a small community about a two-hour drive from Panama City located in an extinct volcano crater.

Coronado Coronado is a vibrant community located just one hour from Panama City, and many Panamanians have second homes here on the beach. Pedasi Located at the tip of the Azuero Peninsula, Pedasi is a quaint unassuming beach town with a pristine downtown area.

Boquete Boquete is one of the original areas in Panama to have an expat community. What Does it Cost to Live in Panama? Search by Keyword.