| Capital: Panama Population: 3.2 million Language: Spanish Currency: Balboa (PAB), equal to 100 sentissimo (centavos). Rate is pegged to the dollar at a ratio of 1 Balboa $ 1. Banknotes Balboa does not exist, their role is carried U.S. dollars (U.S. currency has been adopted as official in 1904 and has daily activities Location: Republic of Panama, a country situated on the Isthmus of Panama, the narrowest stretch of land that connects North America to South. Area 77,082 sq. km.. To the east is bordered by Colombia to the west - the ... More Climate: Cubekvatorialny, wet, with very small temperature fluctuations. The average temperature of 25-28 C, water temperature off the coast about 24 C all year round. Precipitation falls to 3500 mm. a year in the central ... More Political System: Democratic Republic. Head of state and government - the president is elected in general elections for five years. The Cabinet of Ministers appointed by the president.
Legislature - unicameral ... More Religion: The majority of believers (85%), Catholics, and 15% of the population consider themselves Protestant. History and Culture: Panamanians are quite distinct peoples. Located in the south of Central America, and almost in the center of Latin, the country absorbed many traditions about the customs of the Indians, especially ...More Kitchen: Panamanian cuisine, like many Central American countries, is based on a mixture of Spanish and Indian traditions - is dominated by the ubiquitous beans and maize (corn), rice (arros ") and meat (carne), ... More Regions, towns, resorts countries: Panama (Panama City)
Panama City - a modern, thriving commercial city, stretching for 10 kilometers along the Pacific coast, from the ruins of Panama Viejo in the east to the coast of Panama ... More real estate market situation: According to the Economic Department of CAPAC, compared with 2004 in 2005, investments in real estate capital - Panama City and surrounding areas has increased by 57,6% (ie, rose ... More Business Country: Panama - fast growing, with a large economic potential of the country. Well-developed infrastructure, transport system, a wide network of national and international banks.
List ... More Useful Information: Property Taxes
TAXES ON PROPERTY IN PANAMA
Acquiring property in Panama, it is necessary to bear in mind that no matter who gets property in the country - a foreigner ... more |
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