A Closer Look at The Panama Coast

Tuesday, March 24th, 2009

You will discover many villages and little towns when you drive past the bridges, towards Panama Canal, then when you head along the highway. Along the way, you will get to see villages and little towns. You will then get to the interior of Panama and then the Gold Coast. In thirty minutes’ time, you will be able to find Malibu Beach and Gorgona Beach. In another hour, you will be led to roads heading towards the beaches, which will just take ten minutes, and to modern, commercial resorts.

For several years, the areas in Punto Barco, Coronado Beach, and other nearby beaches were the only developed places, since they were the primary attractions in the city. Now, foreigners are starting to travel to Panama ever since the development of Playa Blanca Resort and Decammeron Beach Club.
The progress was slow but within two to three years only, Panama has experienced a surge of growth with the construction of modern condominiums, apartment towers in beaches, golf courses, housing subdivisions, along with others. Most of the projects are in the construction stage, but there are more projects along the way, including Superclub Breezes, Hard Rock Hotel, and Wyndam Beach.

The Gold Coast, although not as progressive as Cancun is fast developing. It has several beautiful beaches, a warm community spirit, a jungle just a twenty-minute drive away, and developed roads and highways. It is also just one and a half-hour away from the airport and the city proper.
When you go to Punto Barco, Coronado, and still-developing beach places, you will rarely see single homes for families since such are quite expensive.
There are lands for commercial development but they are usually sold at an expensive price and in big proportions. There are also condominiums currently being developed, with an average cost of around two thousand dollars per square meter. Panama is a great place for real estate investment.
There are also medical clinics, shopping markets, restaurants, and home centers located just along highways to cater to new residents.
Developments for foreigners and city people are now being slowly put in place. Several communities along the highway are planned for big family homes. Unfortunately, these communities are not meant for the locals, since with their income of only three hundred per month, they could not afford the homes.
In the area, there are three golf courses, with two more that are currently developed. These golf courses all have condos, homes, and duplexes.
Although beaches in Panama are for the public, most of the beaches are accessible only through dirt roads and poor trails that is why some resorts have made private access to the beach front. The sand in the beaches is the dark, volcanic type in color and a bit rough in texture. The pleasant side of Panama beaches is that they have a spectacular view, warm water, and wonderful sunsets. The tide and location of the beaches are the primary factors why the beaches differ in width. For people who want to go small surfing, they can do so in the parts of Santa Clara and Gorgona Beach. For those who wish to enjoy large surfing, people may need to travel to the beach a couple of hours away.
In the beaches, local residents in the area are into fishing crabs, shrimps, and fishes. From the shore, you will be able to see islets from afar.
Prices of lands have constantly increased because of the demand from buyers not only from Panama but from other countries as well. There is no anticipation for decreases in the prices of Panama real estate because of the demand and supply.

Panama: a retiree’s paradise on earth

Saturday, August 2nd, 2008

Panama is a hot spot for people looking to retire in a peaceful cultural environment who want to live out their golden years in peace and quiet. The city actually encourages retirees to come join their community from all over the world by offering special retiree visas to senior citizens 55 years of age or older and numerous senior citizen discounts throughout the community in almost all departments of their lives.

To get a retiree visa for Panama, one most have a monthly income of at least 500 dollars from a government or private pension fund, (or proof of a significant lump sum pension and the documents to support the source of income) a health certificate, and a clean police record. They are also required to sign a contract stating they will purchase Panamanian real estate to ensure their intentions are in accordance to the Panamanian retiree purposes. Additionally, if you own property in Panama you are granted protection and all the same rights by law as a Panamanian citizen. It is one of the few places that gives visa holders the same rights as citizens. It is pretty hard to find any other country so open to welcoming retirees, but Panamanian culture is built on respect and values and the people welcome and value the wisdom that comes from experience of the gray.

A good reason to consider Panama as a retirement destination is the fact the the health services in Panama are great.  Not only there are reat Hospitals and Clinics, but also its quite easy to find a great dentist in panama. We used the people at PanamaDentalCenter.com and where quite satisfied.

To further entice retirees, Panamanian government offers standard discounts on transportation, medical bills, half price entertainment pricing (movies, theater, concerts etc.), restaurants, airline tickets, and half price discounts on closing costs for home loans. It almost seems too good to be true, but yet there are many retirees from all regions of the world residing in Panama so it must be real. Due to these great opportunities, Panama is an immigrant melting pot of all types of people including but not limited to Hindus, Americans, Canadians, British, Arabs, and Asians. As a result culturally the entertainment options and restaurant offerings are rich with portions of the town replicating mini countries across the world. There really is something for everyone across the world.

Out of all the countries represented in Panama, it most closely resembles American structure however since it was occupied by America in 1999. Only because of citizen’s high value system, it is a better America as the violent crime rate is drastically lower, the average pricing for goods is lower (despite the fact it uses the American dollar as its monetary currency), better high speed internet than the US (in the areas where it is functioning as it has not fully been extended everywhere yet) and a very strong private banking system that will protect your privacy and funds stringently. Even better yet, unlike the rest of Mexico, you can actually drink the tap water due to water filtration systems.

It reads almost like a paradise spot compared to the shaky state the rest of the world is in right now due to terrorism threats and overzealous political figures. There is a reason why Panama is so peaceful, it is because the government thoroughly inspects every visa applicant very thoroughly and requires many background checks and signed references from numerous authorities to ensure that any rift rat is kept out of the country. If anything suspicious is found in your records you will not be allowed to reside in the country. To some going through all the steps it takes to get into Panama may seem unworthy, but after taking a look at all the benefits offered to retirees it is hard to agree with that assumption.