Why Panama needs to be your next destination? Here’s why… With a land size of South Carolina and a population of only 3.3 million inhabitants, Panama is a small country located in Central America. Panama is with no doubt a hidden gem full of mysterious mountains and surrounded by exotic and beautiful Islands. Its amazing ecological treasure is only comparable with its solid internal economy, marked by its colossal Panama Canal , a man-made waterway with a length of 47.8 miles that runs across the whole country and connecting the Atlantic with the Pacific Ocean.
Is time to mention the three reasons why Panama is one of the destinations you might find attractive for your next business, leisure trip, or investment:
- Panama use of the US dollar
Since 1849, the American dollar has circulated in Panama during the “De Facto” historic period. The initial presence of the currency dates from the “California Gold Rush”, causing a massive migration from people of this part of the world. This is the reason many Panamanians got familiarized with the dollar and adopted into their country when they returned. Although the Balboa is still a common currency in Panamá, the possibility to use US dollar everywhere you go is an important plus if you want to visit this country.
- Hotels and Restaurants are out of this world
With a constant Caribbean ambience marked by the music, flavors and colors, hotels and restaurants keep the style of Spanish and French architecture. The zone of Casco Viejo, designated as historic district by Unesco, is the hottest bohemian venue in the country, this is a place you cannot afford to miss when you come.Hotels like the American Trade are an authentic proof of this characteristic colonial style, with an open-air environment in communal spaces and rooms with classic designs combining with modern-day facilities. Restaurants are filled with incredible Caribbean-styled food, bringing warm experiences to the table. The variety of seafood available will blow your mind.
- Its strong economy a huge business driver
Panamá is one of the fastest-growing economies right now and its strategic geography is one of the causes. After the construction of the Canal de Panama, ships from all over the world find the convenience of an efficient route to transport goods from all over the world. Panamá takes advantage of this situation and has become an essential trading hub and also, attracts top companies and investors interested to put some money in financial products. This is the base of Panamanian economy and the major key of its constant grow for the years to come.
These are only some of the few reasons you should be interested in this amazing American country, but the possibilities are endless. Just put a new stamp on your passport and enjoy all the possibilities this country has to offer.